WOONSOCKET, R.I., Oct. 16, 2017 /PRNewswire/ -- CVS Health
(NYSE: CVS) and Epic today announced a strategic initiative to help
lower drug costs for patients and improve outcomes by providing
prescribers with expanded visibility to lower cost alternatives
through enhanced analytics and data sharing. CVS Health will use
Epic's Healthy Planet population health and analytics platform to
generate insights surrounding dispensing patterns and behaviors
around medication adherence.
The collaboration will bolster prescription decision-making for
patients and their care teams, including physicians, pharmacists
and health insurers. Real-time benefit information and facilitated,
point-of-prescribing electronic prior authorization will help
improve and simplify patient access to necessary medications and
ensure their prescribers are aware of prescription insurance
formulary status and less expensive alternatives as
appropriate.
"This collaboration with Epic will enable us to continue to
drive leading edge technology innovation beyond the pharmacy to the
full health care system," said Stephen
Gold, Chief Information Officer, CVS Health. "Together, our
two companies will also examine opportunities to streamline and
improve data sharing and linkages across the health care system to
enhance communication and connectivity among patients, their
physicians, the pharmacy and health insurers."
"At CVS Health we recognize that EHRs offer health care
providers easier and more comprehensive access to their patients'
information than ever before," said Troyen A. Brennan, M.D., Chief
Medical Officer, CVS Health. "This new relationship will help us
further expand how we work with Epic and providers on their EHR
system to develop meaningful tools and programs that will
ultimately help us take even better care of the patients we
support."
CVS Health currently works with Epic, the most widely used EHR,
to support the company's MinuteClinic nurse practitioners and CVS
Specialty's care management programs.
Through this new strategic relationship CVS Health and Epic will
explore a number of new areas including:
- Prescription Drug Savings: Collaboration around
real-time benefit information and facilitated, point-of-prescribing
electronic prior authorization to help inform patients and
prescribers in real time about covered drugs that are clinically
effective and available at the lowest out-of-pocket cost for the
patient;
- Improved Prescribing Decisions: Development of a
comprehensive clinical database to enhance medication counseling
and help optimize medication selection for CVS Health
patients;
- Shared Care Plan for Pharmacists: Improve pharmacist
access to clinical information and allow contribution to the care
plan to improve continuity of care;
- Digital Front Store Capabilities: Creation of a digital
front store to enable inclusion of purchases of over-the-counter
medications and durable medical equipment into the patient's
electronic health record.
"CVS Health is one of the leaders in using data to dissolve
domain silos, while offering new sources of intelligence and
expertise that can better inform care delivery, reduce
administrative overhead, and lower costs for patients," said
Alan Hutchison, Epic Vice President
of Population Health.
"Working in collaboration with CVS Health allows for enhanced
and efficient data integration and decision support for clinicians
while relieving administrative burden," said Gregory Rosencrance, M.D., chairman of Cleveland
Clinic Medicine Institute. "These promising advances put the
patient at the center of care while improving the cost and quality
of care they receive." CVS Health is a member of Cleveland Clinic's
clinically integrated network and Quality Alliance.
About CVS Health
CVS Health is a pharmacy innovation
company helping people on their path to better health. Through its
9,700 retail locations, more than 1,100 walk-in medical clinics, a
leading pharmacy benefits manager with nearly 90 million plan
members, a dedicated senior pharmacy care business serving more
than one million patients per year, expanding specialty pharmacy
services, and a leading stand-alone Medicare Part D prescription
drug plan, the company enables people, businesses and communities
to manage health in more affordable and effective ways. This unique
integrated model increases access to quality care, delivers better
health outcomes and lowers overall health care costs. Find more
information about how CVS Health is shaping the future of health
at https://www.cvshealth.com.
Contact:
|
|
Christine
Cramer
|
Joe Goode
|
(401)
770-3317
|
(401)
770-9820
|
christine.cramer@cvshealth.com
|
joseph.goode@cvshealth.com
|
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SOURCE CVS Health