ZYNCHROS DELIVERS PARTNER PROGRAM FOR PHARMACY BENEFIT MANAGERS
PBM Connections™ Streamlines Pharmacy Data Exchange between Health Plans and PBMs
NCPDP Annual Conference – Scottsdale, AZ – May 8, 2007 – Zynchros, Inc., the leader in Pharmacy Program Management solutions, today introduced its enhanced partner program, PBM Connections™, at the 30th Annual Conference of the National Council for Prescription Drug Programs (Booth 205). The PBM Connections program provides a collaborative framework for Pharmacy Benefit Managers to work with Zynchros to optimize data-exchange and process flows between the Zynchros.com platform and the PBM’s in-house solutions. The goal of the program is to help PBMs differentiate their services, streamline workflows, and reduce costs.
“Next-generation PBMs understand the value-add and long-term market differentiation that effective technology provides”, said Marc Lilly, CEO of Zynchros. “This program presents PBMs with a unique opportunity to bridge their IT infrastructure with that of their health plan clients – in this case Zynchros.com – reducing complexity for the client, streamlining inter-company workflows, reducing operating costs on both sides, and most importantly, improving the impact of a health plan’s Pharmacy programs.”
As part of the Zynergy™ Partner Program, the PBM Connections program simplifies and automates many manual and semi-automated processes core to the implementation of the health plan’s Pharmacy program including:
- Certified Formulary Exchange Formats – to ensure compatibility between Zynchros.com and PBM systems and reduce data capture costs for the PBM
- Regulatory Reporting – custom reports and analytics to streamline regulatory submissions filed on behalf of clients, including Medicare Part D plan sponsors and Medicaid participants
- Rich Pharmacy Analytics – including comprehensive change processing and audit trails, “where-used” analyses, formulary comparison reports and more – designed to reduce the labor component of service delivery
- Certified and Secure Exchange Processes – to facilitate a seamless and secure electronic and automated exchange of Pharmacy information between Zynchros.com and PBM systems
“One of the key challenges in health care is to build the appropriate technology bridges between all the participants”, said Bob Pinkerton, president and COO of Zynchros. “We’re uniquely positioned to create a virtual Pharmacy community using the Zynchros.com platform as an efficient, neutral connection between the PBM and Health Plan, among many other constituents. We extend an open invitation to any and all PBMs to participate in this groundbreaking program, increase their operational efficiencies and, at the same time, help us to transform the fundamental economics of Pharmacy benefit management.”
For more information on PBM Connections and other Zynergy programs, please contact the Zynchros partner sales team at 866-ZYNCHROS (866-996-2476) or send an e-mail to partners@zynchros.com.
ABOUT ZYNCHROS, INC.
Founded in 2000, privately-held Zynchros, Inc. (formerly Script IQ, Inc.) delivers
technology-based solutions that transform the economics of drug-based wellness,
improving compliance and agility of health insurers and pharmacy benefit managers. The
Zynchros.com on-demand platform provides the workflow processes necessary to initiate
pharmacy quality management, improving responsiveness, control and efficiency by
synchronizing all of the participants in pharmacy benefits, from P&T to the point of care.
To learn more about how Zynchros is interconnecting the world of pharmacy benefits
visit www.zynchros.com or call 1-866-996-2476.
For more information contact:
ZYNCHROS, INC.
Terry Christiani
206.792.4106
terry.christiani@zynchros.com