COLUMBUS, Ohio, Oct. 7, 2014 (GLOBE NEWSWIRE) -- Today, CoverMyMeds—one of Inc. 500's top 10 fastest growing healthcare technology companies—has announced integration with Prodigy Data Systems, Inc. for faster prior authorization (PA) approvals within long-term care facilities.
"We are excited Prodigy Data Systems is joining our ever-expanding pharmacy network," says CoverMyMeds' Pharmacy System Account Manager, Nick Potts. "This relationship helps provide a better experience processing PAs for Prodigy users, allowing less time on paperwork and more time focusing on patient care."
Typically, the PA process for medications within long-term care facilities is a bigger burden than that found within the retail pharmacy setting due to the importance of the drugs being dispensed to the patient expeditiously. Often times, these much-needed medications need a retroactive PA after billing occurs.
The CoverMyMeds/Prodigy Data Systems relationship not only dramatically cuts down on PA approval times for clients involved —even more so for those who are ePA compliant —but helps stop the negative financial trend of billing the facility, or the patient (or guardian) for medications when PAs are not approved.
"We are pleased to announce our relationship with CoverMyMeds, which in turn will provide a valuable service to meet our customers' needs," says Ken Fitchett, President, Prodigy Data Systems, Inc. "The PA process has typically been a cumbersome, time consuming task. Joining forces with CoverMyMeds allows pharmacies to streamline this process down to a simple click of a button."
About CoverMyMeds
CoverMyMeds is the leader in Prior Authorization and one of the fastest growing healthcare technology companies in the US. We help physicians, pharmacists, and their staff complete PA requests for any drug and almost all plans. Our technology integrates with pharmacy systems, EHRs, and PBMs to create the most efficient electronic prior authorization (ePA) strategy for all participants. With a million PAs submitted every month, CoverMyMeds is the only vendor using the NCPDP ePA standard at scale. For more information, visit www.covermymeds.com.
About Prodigy Data Systems
Prodigy provides cost effective, user-friendly Long Term Care software solutions so pharmacies may achieve rapid growth and success without being burdened by outside software expenses. To contact Prodigy Data Systems for more system information, please email info@prodigydatasystems.com or call 403.257.2749