New chapter in pharmacy connectivity,
expansion of the Veradigm Network and FDB Vela ePrescribing Network
introduced
SOUTH SAN FRANCISCO and
CHICAGO, Oct. 6, 2023
/PRNewswire/ -- FDB (First Databank, Inc.), a major provider
of drug knowledge that helps healthcare professionals make precise
decisions, and Veradigm (NASDAQ: MDRX), a well-known and respected
provider of healthcare data and technology solutions, announced
today that Veradigm is the first major electronic health record
(EHR) network to join the FDB Vela™ ePrescribing network. Veradigm
will integrate the FDB Vela ePrescribing network into its available
solutions for users and partners, including its EHRs and the
Veradigm ePrescribe Enterprise solution. This collaboration
will expand the Veradigm Network's dynamic community of companies
providing advanced insights, technology, and data-driven
solutions.
FDB Vela is a cloud-native ePrescribing network that enables the
seamless flow of critical medication prescription information,
benefits verification, and clinical decision support between
prescribers, PBMs, payers, pharmacies, and other constituents. FDB
Vela will offer Veradigm a technologically advanced electronic
prescriber network that enables secure access to retail pharmacies,
mail-order pharmacies, and specialty pharmacies for the delivery of
electronic prescriptions as well as access to critical patient
eligibility information at the point of care.
"Veradigm joining the FDB Vela ePrescribing network begins a new
chapter in pharmacy connectivity that helps further streamline
prescribing workflows while enhancing the patient experience
through medication information and greater transparency into their
out-of-pocket costs," said Veradigm President and Chief Commercial
Officer Tom Langan. "Together with
FDB Vela and through the Veradigm Network we can offer our
prescribers the broadest choice of pharmacies and enhanced
capabilities to enable even greater patient understanding,
engagement, and fully informed shared decision-making."
By joining FDB Vela, Veradigm aims to further facilitate
interoperability and reduce potential friction in the prescribing
process while continuing to put providers and patients at the
forefront of secure and timely medication delivery.
While Veradigm is new to FDB Vela, the company has been a
long-time user of FDB MedKnowledge®, its drug database
solution.
"As an industry pioneer and innovator, Veradigm's participation
in the FDB Vela ePrescribing network is a confirmation of the need
for greater choice within the market," said FDB President
Bob Katter. "Veradigm is the first
large EHR to participate in FDB Vela, joining the expanding base of
pharmacies, health insurers, pharmacy benefit managers and health
tech developers that continue to validate the need for our open,
customer-focused network."
Veradigm, formerly known as Allscripts, is a healthcare
technology and analytics company spanning the three pillars of
healthcare – payer, provider, and biopharma. The company's
connectivity, scale and expertise provide a uniquely comprehensive
scope and depth of interconnected resources, helping drive improved
health outcomes for the patients they serve.
The Veradigm ePrescribe Enterprise solution is a comprehensive,
easy-to-use and affordable solution for ePrescribing used by more
than 100,000 prescribers who perform millions of transactions every
year. The solution is also available to health tech developers to
enhance their solutions and grow their business by integrating a
proven solution.
The new capabilities offered by FDB Vela are aligned with and
support the numerous other tools available to Veradigm customers,
such as electronically automating prior authorization requests,
accessing patient financial assistance information, and reviewing
out-of-pocket spending information through Veradigm
RxTruePrice™.
"Combined, Veradigm and FDB Vela offer synergistic solutions
that deliver information on care options, pharmacy choice and cost
transparency that enable providers and patients to have important
care conversations without distractions," said FDB Vela General
Manager Lathe Bigler. "By enabling this patient-focused workflow,
we can promote greater medication adherence, patient engagement and
optimal outcomes."
About FDB
FDB (First Databank) creates and
delivers the world's most powerful drug knowledge that ignites,
inspires, and illuminates critical medication decisions. We
collaborate with our partners to help improve patient safety,
operational efficiency, and health outcomes. Our drug databases
drive healthcare information systems that serve the majority of
hospitals, physician practices, pharmacies, payers, and all other
areas of healthcare and are used by millions of clinicians,
business associates, and patients every day. Please visit us at
https://www.fdbhealth.com/, or follow us
on X, LinkedIn and YouTube.
About Hearst Health
The mission of Hearst
Health is to help guide the most important care moments by
delivering vital information into the hands of everyone who touches
a person's health journey. Care guidance from Hearst Health reaches
the majority of people in the U.S. The Hearst Health network
includes FDB (First Databank), Zynx
Health, MCG, Homecare
Homebase and MHK. Hearst also holds a minority
interest in the precision medicine and oncology analytics
company M2Gen. Follow Hearst Health on
Twitter @HearstHealth or
LinkedIn @Hearst-Health.
About Veradigm®
Veradigm is a healthcare technology
company that drives value through its unique combination of
platforms, data, expertise, connectivity, and scale. The Veradigm
Network features a dynamic community of solutions and partners
providing advanced insights, technology, and data-driven solutions,
all working together to Transform Health, Insightfully. For
more information on Veradigm, visit www.veradigm.com, or find
Veradigm on LinkedIn, Facebook, Twitter, and YouTube.
Media Contact for FDB
Tara
Stultz
Amendola Communications for FDB
M: 440-225-9595
tstultz@acmarketingpr.com
Veradigm Contacts
Investors:
Jenny Gelinas
312-506-1237
jenny.gelinas@veradigm.com
Media:
Concetta Rasiarmos
312-447-2466
concetta.rasiarmos@veradigm.com
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SOURCE First Databank