DENVER, Dec. 10, 2019 /PRNewswire/ -- RxRevu, the
nation's only independent provider of integrated prescriptions cost
transparency solutions, has reached an agreement with Cerner
Corporation (Nasdaq: CERN), a global healthcare technology company,
to integrate its pharmacy and patient prescription pricing solution
into the electronic health record (EHR) to help providers choose
the most cost-effective medication for patients.
An estimated 30 percent of prescriptions are abandoned by
patients after leaving the provider's office because of the
cost or complications at the pharmacy. RxRevu's SwiftRx®
Direct™ (real-time benefit check) solution supports
healthcare providers to see medication cost information at the
point of prescribing. By working with Cerner, the two companies
will be able to help address this issue, providing coverage
information to foster earlier financial conversations between
patients and providers to help patients receive the medications
they need at costs they can afford.
"As healthcare costs continue to rise, consumer demand for
prescription price transparency is greater than ever," says
Kashif Rathore, vice president of
interoperability, Cerner. "Supporting healthcare providers with
pricing information is key to helping them make more informed care
decisions and improve the overall experience for patients. Our work
with RxRevu will help us continue to deliver technology that helps
providers directly engage with patients to find the most
appropriate medication at a price that works for them."
Providers will be able to view patients' prescription benefit
information, along with clinically appropriate alternatives unique
to RxRevu's pharmacy benefit manager network, within the EHR as
medications are prescribed. Cerner's ability to rapidly deploy
RxRevu's SwiftRx Direct across its clients at no charge will
bring important drug cost and coverage information on millions of
patients to thousands of healthcare providers and important
insights on prescribing behavior to health systems using Cerner's
EHR.
"Cerner and RxRevu have been at the forefront of the cost
transparency movement since the beginning. Working together allows
our organizations to more quickly honor commitments to helping
healthcare providers make clinically and financially sound
prescribing decisions for millions of patients," says Carm Huntress, co-founder and CEO, RxRevu.
"Patients' insurance plans are too vast and ever-changing for
providers to stay current. Integrating real-time, patient-specific,
benefit information from our pharmacy benefit manager network into
EHR platforms like Cerner Millennium® supports us
to improve patient outcomes through better prescribing."
Collaboration is essential for RxRevu to help patients get the
care they need at prices they can afford. "We are working with
premier healthcare IT vendors, pharmacy benefit managers, payers
and health systems in an effort to solve medication-related
challenges that impact us all," says Kyle
Kiser, president and chief strategy officer, RxRevu. "We are
always looking for additional partners to join the RxRevu
network."
About RxRevu
RxRevu is a Denver-based company on a mission to improve
healthcare through more informed, consistent and frictionless
prescription decisions. RxRevu's Prescription Decision Support
technology promotes condition-appropriate prescribing and patient
cost transparency, to improve safety and satisfaction. The
SwiftRx® platform helps providers quickly and easily
find affordable alternatives to more costly medications specific to
a patient's health needs and out of pocket cost. SwiftRx® also
enables health systems to holistically manage and measure
clinicians' prescribing performance. For more information about
RxRevu, its solutions and innovative advancements visit
rxrevu.com.
About Cerner
Cerner's health technologies connect
people and information systems at more than 27,500 contracted
provider facilities worldwide dedicated to creating smarter and
better care for individuals and communities. Recognized globally
for innovation, Cerner assists clinicians in making care decisions
and assists organizations in managing the health of their
populations. The company also offers integrated clinical and
financial system to help manage day-to-day revenue functions, as
well as a wide range of services to support clinical, financial and
operational needs, focused on people. For more information, visit
Cerner.com, The Cerner Blog or connect on Facebook, Instagram,
LinkedIn, Twitter or The Cerner Podcast. Nasdaq:
CERN. Smarter Care. Better Outcomes. Healthier You.
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SOURCE RxRevu