NationsRx Announces Launch of Pharmaceutical Services Group Purchasing Program for Employers
Program creates first GPO exclusively designed for Payors of Care, lowering direct pharmaceutical costs.
Wildomar, CA (PRWEB) July 7, 2004 -- NationsRx, Inc.(www.NationsRx.com) today
announced it has launched its pharmaceutical group purchasing program designed
to service the needs of self insured employers. The new service aggregates the
purchasing power of America's Employers into a unified contracting element,
creating unmatched economic and clinical efficiencies across the continuum of
pharmaceutical care.
Through the NationsRx Employer Pharmaceutical
Purchasing Program, employers are provided with direct access to a portfolio of
pharmaceutical manufacturer rebate contracts specific to their pharmacy plan
design. The employers selected PBM continues to administer claims and provide
the employer with claims utilization/processing and clinical services. However,
instead of a PBM "sharing" rebates with the employer, the EMPLOYER is now the
owner of 100% of the product rebates. This ensures the employer of the lowest
product acquisition cost, maximizing healthcare economic resources.
The
technology incorporated into the NationsRx systems utilize the power of
aggregated purchasing algorithms coupled with user focused revenue enhancement
models that deliver bottom line cost efficiencies to the payor of care.
Healthcare Payors and Providers deserve and are demanding immediate economic
value coupled with real time solutions for their healthcare spending said David
Rykbos, President & CEO of NationsRx, Inc. NationsRx provides hard dollar
savings along with valuable supply chain solutions at no charge to these
organizations. While the traditional supply chain metrics have favored
individual manufacturers, consultants and PBM's (prescription benefit managers),
this has allowed for artificial price increases and product access issures.
NationsRx equates the healthcare product supply chain continuum by providing a
completely independent gateway for product selection and
procurement.
About NationsRx
NationsRx, Inc. (www.nationsrx.com) is a
pharmaceutical services organization designed to meet the complex supply chain
demands of today's healthcare payor and provider entities. The NationsRx client
base includes both payors (self insured employers & government sponsored
programs) and providers of care including hospitals, health systems, home health
providers (ambulatory infusion services), ambulatory surgery centers, long-term
care pharmacy providers, mail order pharmacies, retail pharmacy (chains &
independents) and government sponsored healthcare delivery channels (VA, DoD,
State Facilities, PHS). The Company has developed proprietary procurement
applications utilizing management's knowledge capital and expertise within both
the pharmaceutical manufacturing environment and the healthcare group purchasing
organization arena. All of the NationsRx programs enhance overall clinical
outcomes while capturing economic efficiencies across the healthcare supply
chain.
Contact:
NationsRx, Inc.
David Rykbos
www.nationsrx.com
909.677.3534
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Source : http://www.prweb.com/releases/2004/7/prweb139181.htm