NextGen Healthcare Completes Integration of CoverMyMeds, the Nation’s Largest Electronic Prior Authorization Platform
August 31 2018 - 7:00AM
Business Wire
Partnership Enhances Prior Authorization
Process, Decreases Time Spent on Administration
Quality Systems, Inc. (NASDAQ:QSII), known to its clients as
NextGen Healthcare, announced today that its cloud-based electronic
health record (EHR) ambulatory product, NextGen Office®, has
completed its integration with CoverMyMeds, the nation’s largest
electronic prior authorization (ePA) solution. CoverMyMeds enables
medical practices and pharmacies to submit ePA requests for any
medication and to all health plans nationwide. Historically, the
prior authorization (PA) process has been manual via paper, faxes,
and phone calls between providers, pharmacies, and insurers.
The CoverMyMeds solution will be available to all providers
using NextGen® Office (formerly, MediTouch). Key benefits of the
fully-integrated solution include:
- Providers can complete PA requests on
average up to three times faster, saving valuable time in the
office
- Streamlined communications and improved
productivity across providers, pharmacies and insurance companies,
which helps to reduce delays for the patient awaiting their needed
medication
- Solution is built into design of
workflow which provides ease of use
- The ability to initiate, transmit and
track the status of PA requests within the clinical workflow helps
improve time to therapy and decreases prescription abandonment
"We believe the current prior authorization process places too
much administrative burden on all parties involved in the
prescription process, often resulting in medication abandonment,"
said Julia Albright, Ph.D., Vice President, Solutions, NextGen
Healthcare. “Our goal is to work with CoverMyMeds to minimize this
hassle for patients and pharmacies, and help providers achieve
greater productivity and increase the ease of patients receiving
their medications.”
According to CoverMyMeds’ 2018 ePA National Adoption Scorecard,
an annual report on the current state of ePA in the industry,
approximately 10% of prescription claims are rejected by the
pharmacy, and, on average, 66% of those prescriptions require PA.
Further, 36% of those prescriptions will be abandoned due to the
complex paper-based process. Providers who exclusively use an
electronic method for PA requests reported spending 2.5 fewer hours
on average on PA each week. This underscores the need for
transforming the paper-based PA process into an electronic process
that helps minimize prescription abandonment and administrative
waste.
“Adding a streamlined ePA solution at the point of prescribing
further enhances productivity within the EHR platform, while
minimizing hassle for patients and pharmacies,” said Ryan Tarzy,
VP, Strategy & Business Development, CoverMyMeds. “We are
thrilled to partner with NextGen Healthcare to continue our mission
of helping patients receive the medications they need to live
healthy lives.”
For more information about CoverMyMeds’ ePA solution, visit
www.covermymeds.com.
About CoverMyMeds
CoverMyMeds, part of McKesson Prescription Technology Solutions,
is a leader in electronic prior authorization (ePA) and real-time
benefit check solutions, and one of the fastest growing health care
technology companies in the U.S. CoverMyMeds’ network includes 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.
About Quality Systems, Inc.
Quality Systems, Inc., known to its clients as NextGen
Healthcare, provides a range of software, services, and analytics
solutions to medical and dental group practices. The company's
portfolio delivers foundational capabilities to empower physician
success, enrich the patient care experience, and enable the
transition to value-based healthcare. Visit www.qsii.com and
www.nextgen.com for additional information.
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version on businesswire.com: https://www.businesswire.com/news/home/20180831005035/en/
Quality Systems, Inc.Jennifer Cohen, 949-255-2600Director,
Corporate Communicationsjecohen@nextgen.com
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