Investor Relations
Founded in 2000, privately-held Zynchros serves Health Insurers, Pharmacy Benefit Managers (PBMs) and Healthcare IT vendors with a family of web-based, on-demand solutions and services. The company’s offerings are designed to simplify Medicare Part D regulatory reporting, effectively manage formulary data, and to streamline the flow of pharmacy information among healthcare constituents.
Headquartered in Seattle, WA, the company’s solutions are used by leading health insurance plans and PBMs to control pharmacy benefit costs, and to effectively leverage e-Prescribing and Electronic Medical Records (EMR) initiatives.
Zynchros is partnered with leading healthcare technology providers including:
Wolters-Kluwer Health – Medi-Span® – Wolters Kluwer Health is a leading provider of information for professionals and students in medicine, nursing, allied health, pharmacy and the pharmaceutical industry. Major brands include traditional publishers of medical and drug reference tools and textbooks, such as Lippincott Williams & Wilkins and Facts & Comparisons; electronic information providers, such as Ovid Technologies, Medi-Span and ProVation Medical; and pharmaceutical information providers Adis International and Source®. Wolters Kluwer Health provides knowledge that increases efficiency, improves the bottom line and enhances patient care and safety. "The Professional's First Choice".
Medi-Span, a part of Wolters Kluwer Health, is the leading provider of drug information for thousands of healthcare professionals worldwide. With more than 30 years experience, Medi-Span continues to offer authoritative drug databases in a variety of formats, including clinical decision support and disease suite modules, application programming interfaces, and stand-alone software applications. In conjunction with superior implementation and experienced customer support, the Medi-Span product line is the perfect choice for those needing accurate, trusted, drug data that easily integrates into existing software applications. For more information, visit www.medispan.com.
RxHub® – RxHub electronically routes up-to-date patient-specific medication history and pharmacy benefit information to caregivers at every point of care. Their end-to-end solution enables physicians to prescribe the most clinically appropriate and cost effective prescription to be sent electronically to the patient’s pharmacy of choice. RxHub’s mission is to partner with all stakeholders in the prescribing industry to improve patient safety, increase workflow efficiency and reduce the overall cost of health care delivery. RxHub was founded in 2001 by the then three largest PBMs—Advance PCS (acquired by Caremark Rx), Express Scripts and Medco Health Solutions. RxHub is headquartered in St. Paul, MN. For more information, please visit www.RxHub.net
Zynchros acts as the formulary lifecycle management partner of RxHub, providing our mutual customers with a comprehensive solution to create, maintain, translate, print and distribute formularies to interested parties around the country. The two companies have partnered to integrate their technology infrastructures, enabling the seamless flow of formulary data to the point-of-care.
Gorman Health Group – Widely regarded as the leading consulting, products and services firm in the Medicare marketplace, GHG fields an unparalleled team of senior managed care professionals and veteran regulators providing strategic, operational, financial, and clinical services to the healthcare industry. In addition to their experience, it is their thought leadership that sets them apart. All of GHG’s consultants have a minimum of 15 years’ experience as senior executives in leading managed care or provider organizations, or as state or Federal regulators in the healthcare industry. Based in Washington, DC, GHG maintains close contacts with Federal policymakers, agencies, and trade associations, and ready access to legislative and regulatory developments. For more information please visit www.gormanhealthgroup.com
ePocrates® – San Mateo, Calif.-based Epocrates is transforming the practice of medicine by developing innovative solutions that support clinical decisions at the point of care. More than 500,000 healthcare professionals, including more than one in four U.S. physicians, actively use Epocrates' mobile and web-based products to improve patient safety and save time. The company’s offerings also enable communication between its users and healthcare organizations such as government agencies, pharmaceutical manufacturers and market research firms. Epocrates has been on the Inc. 500 fastest-growing private companies list for two consecutive years - ranking 176 in 2006. For more information about Epocrates, please visit www.epocrates.com
DestinationRx® – Founded in 1999, DestinationRx is a leader in consumer drug comparison and purchasing technology. The company provides government and commercial plan providers with the resources to create fully-integrated and comprehensive decision-support capabilities for their members. DestinationRx is also a leading consumer resource, providing education, price comparisons, and purchasing options for a variety of prescription drug and other healthcare transactions. The company's client roster includes the Centers for Medicare and Medicaid Services (CMS), pharmacy benefits managers (PBMs), large health plans, Fortune 100 employers, and advocacy organizations such as the American Association of Retired Persons (AARP). On May 5, 2006, DestinationRx acquired Rxaminer, the first organization to provide consumers with equivalent-dose drug comparison pricing. For more information, visit: www.DestinationRx.com.
American Society of Health System Pharmacists – Published by ASHP for more than 40 years, AHFS DI is a widely respected source of drug information in hospitals. The AHFS family of products provides the most comprehensive source of unbiased and authoritative drug information available to health professionals today. The U.S. Congress and various health care insurance providers have recognized the authority of the AHFS DI suite of products as a source of information on the medically accepted uses of drugs. The only official drug compendium published by a non-commercial entity, AHFS DI has a longstanding policy of editorial independence from the influence of pharmaceutical manufacturers, health insurers, PBMs, and other third parties. For more information, please visit www.ahfsdruginformation.com
The American Society of Health-System Pharmacists and Zynchros have integrated the AHFS therapeutic classification systems with Zynchros’ NDC-11 U.S. Drug Database, to provide healthcare constituents with a robust, pharmacy informatics solution.