Zynchros Introduces Commercial Plan Pro™
Rules-Based Solution Brings Medicare Part D Discipline to all Pharmacy Programs Across all Books of Business
Seattle, WA - 16 April, 2008 –Zynchros, Inc., a leading provider of Pharmacy Quality Management (PQM) solutions to the healthcare industry, announced today a new Software-as-a-Service (SaaS) module, Commercial Plan Pro™, the latest addition to the Zynchros.com PQM platform. Commercial Plan Pro is purpose-built to enable health plans to automate the creation, management and distribution of accurate and timely commercial formularies for all audiences.
The use of English-language rules sets allows the health plan pharmacist to include or exclude drugs, classify benefit information and apply utilization management edits faster and with greater accuracy. Rules can be based on 14-standard fields including: Brand Name Code, AHFS or USP Therapeutic Class, Dosage Form, Generic / Brand status, GPI, Ingredient, Manufacturer, Multi-Source Code, NDC, OTC Status, Package Size, Route of Administration, Strength and Trade name. An additional 20 user-defined fields can also be used as the basis for formulary inclusion or exclusion. Once the rules sets have been built, they can be easily copied and manipulated to create additional formularies.
As updates are issued to the underlying drug database, existing rules are applied to the new drug information. Pharmacists will no longer be required to maintain individual drugs, even in step-therapy protocols, eliminating the need for manual maintenance, saving time and money.
Commercial Plan Pro builds on the power of the Zynchros.com platform. The web-based, collaborative environment provides full version control with audit trails and custom workflows for routing new and updated formularies for review by authorized users. Publishing events trigger exports to internal stakeholders and pharmacy program partners such as pharmacy benefit managers, electronic prescribing networks and other healthcare IT vendors.
“The strictures and rigor of the Medicare Part D Plan Sponsorship process has raised the bar for pharmacy programs in all business sectors”, said Bob Pinkerton, president and COO of Zynchros. “Commercial Plan Pro enables health plans to build a solid foundation for their pharmacy quality management programs – across all books of business – in support of digital healthcare initiatives such as ePrescribing and electronic health records. In the final analysis, this improves the member experience, increases the probability of quality outcomes and reduces the overall cost of pharmacy programs.”
Zynchros will be hosting a complimentary webcast showcasing formulary management best practices utilizing the features of the Commercial Plan Pro module on May 13th, 2008. For more information and to register for the event, please visit www.zynchros.com.
PRICING AND AVAILABILITY
The Commercial Plan Pro module is now available. For pricing information please contact Zynchros sales via email at email@example.com or telephone (866) 996-2476, option 1.
ABOUT ZYNCHROS, INC.
Founded in 2000, privately-held Zynchros serves Health Insurers, Pharmacy Benefit Managers (PBMs) and Healthcare IT vendors with a family of 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 many leading health insurance plans and PBMs to control pharmacy benefit costs, and to effectively leverage e-Prescribing and Electronic Medical Records (EMR) initiatives. To learn more please visit our web-site at www.zynchros.com or call 1-866-ZYNCHROS (866-996-2476).
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