CoverMyMeds Expands RxChangeRequest Service at No Cost to Network, Commits to Interoperate with Any Willing Trading Organization
Feb 17, 2017 | Angela Masciarelli
CoverMyMeds to facilitate all RxChangeRequest transactions, eliminating new development requirements for pharmacy system and EHR suppliers.
COLUMBUS, Ohio – Feb. 17, 2017 — CoverMyMeds, a leading electronic prior authorization (ePA) platform, today announced increased support for all RxChangeRequest transactions between pharmacies and providers.
CoverMyMeds has long supported the prior authorization component of RxChangeRequest, the digitized transaction process that pharmacies use to alter patient prescriptions, and will now broaden functionality to include all use cases. Full RxChangeRequest functionality will be available at no cost through CoverMyMeds, which will eliminate the need for pharmacy and electronic health record (EHR) systems who already support the CoverMyMeds interface to develop new functionality to support the standard.
RxChangeRequest transactions streamline communication between the pharmacy and physician for tasks like prior authorization requests and change or cancellation of a prescription. RxChangeRequest is part of the National Council for Prescription Drug Programs SCRIPT Standard.
Integrations with most pharmacy management systems, 500 EHR systems, 700,000 provider users and payers that represent 80 percent of U.S. prescription volume, combined with the Company’s long-standing partnership with RelayHealth, make CoverMyMeds the ideal conduit for RxChangeRequest transactions.
Beyond supporting RxChangeRequest at no cost to network participants, CoverMyMeds further committed to routing RxChangeRequest transactions through other trading partners if they have a more actionable connection to the prescriber. Due to the breadth of its existing network, in most cases the connection will occur through a CoverMyMeds integrated EHR or web portal, but may also be facilitated through an alternate ePA provider should a better connection to the prescriber be available now or in the future.
The company believes this commitment is a valuable way to future-proof system integrations on behalf of pharmacies and pharmacy management systems who count on CoverMyMeds to help fill prescriptions.
“We made the decision to expand our support of RxChange to increase the value of our service to the pharmacy, provider and payer groups that are aligned around streamlining the process of patients gaining appropriate access to prescribed medications,” indicated Matt Scantland, Co-Founder and CEO of CoverMyMeds.
“We believe this expansion is particularly valuable to the industry because our partners will gain access to new functionality with little to no additional work, and at no additional cost. This expansion is a natural step forward as part of our mission of helping patients get the medication they need to live healthy lives.”
Cerner will be the first EHR supplier to leverage CoverMyMeds’ expanded RxChangeRequest functionality. CoverMyMeds will work with pharmacy and EHR partners this year to expand the reach of additional functionality.
Companies interested in leveraging CoverMyMeds’ RxChangeRequest functionality may visit CoverMyMeds at booth 1214 at HIMSS17 on Feb. 19-23.
CoverMyMeds, an independent business unit within McKesson, is a leader in electronic prior authorization (ePA) solutions and one of the fastest growing health care technology companies in the U.S. CoverMyMeds’ software suite automates the medication prior authorization process for more than 500 electronic health record systems (EHRs), 62,000 pharmacies, 700,000 providers and most health plans and PBMs. By facilitating appropriate access to medications, the company can help its customers avoid billions of dollars each year in administrative waste and avoidable medical spending caused by prescription abandonment. Visit www.covermymeds.com for more information.