ZYNCHROS & ACS PARTNER TO DELIVER AUTOMATED PDL MANAGEMENT AND REPORTING TO THE MEDICAID MARKET
Partnership to Aid State Agencies by Providing Greater Accuracy and Transparency to the Management of Medicaid Pharmacy Services
SEATTLE, WA — August 5, 2008 — Zynchros, Inc., the leader in pharmacy quality management solutions, announced today that it has concluded a national agreement for Affiliated Computer Services (ACS) to resell Zynchros.com’s comprehensive preferred drug list (PDL) management and distribution solution to state agencies responsible for managing Medicaid programs.
The Zynchros.com software-as-a-service platform provides the ability to easily export and update PDL data to online portals and electronic prescribing networks, and will further enhance each state agency’s ability to maintain compliance with the Centers for Medicare and Medicaid Services (CMS) mandates.
“Enhancing our PBM offering with the PDL management, reporting and distribution capabilities provided by the Zynchros.com platform was an easy decision,” said Steve Konsin, vice president of Business Development for PBM, ACS Government Healthcare Solutions. “Our customers and prospects are looking for a more cost-effective way to deliver pharmacy services and we believe adding Zynchros will assist us in satisfying their needs.”
The rising costs of delivering Medicaid services are driving state agencies to find ways to leverage technology to better manage and communicate pharmacy services for their clients and prescribers. The Zynchros.com software-as-a-service platform delivers a comprehensive preferred drug list (PDL) management and distribution solution at a lower deployment and management cost than custom, client-server applications and with higher reliability than spreadsheets or stand-alone databases.
“We partnered with ACS in order to deliver superior and comprehensive service to state Medicaid agencies immediately,” said Marc Lilly, CEO of Zynchros. “ACS has the experience needed to accurately and effectively represent and support the Zynchros.com pharmacy quality management platform to this market.”
To find out more about this joint offering to the Medicaid market, please join Zynchros and ACS for a joint webcast on Sept. 25, 2008 at 8:30 AM Pacific / 11:30 AM Eastern. To register, please visit www.zynchros.com.
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).
For more information contact:
ZYNCHROS, INC.
Terry Christiani
206.792.4106
terry.christiani@zynchros.com