FutureRx Launches Healthcare Platform For Health Plans and PBMs

FutureRx (FRx) introduced currently the launch of its first-of-a-kind healthcare platform for well being plans and pharmacy gains supervisors (PBMs) that combines modular technological know-how alternatives and, if needed, seamless entry to pre-vetted thoroughly built-in service suppliers on a single platform. FRx is a cloud-based, modular, consumer-configurable know-how platform that was developed from the ground up to meet complex and repeatedly evolving compliance specifications in today’s Medicare and Medicaid environment. As these types of, it is 100% compliant with govt-sponsored regulations out of the box.

The moment on the platform, well being strategy and PBM users can choose from a complete range of technology modules – like Rx Prior Authorization, Appeals/Grievances, Aspect D Stars, Drug Management Systems (DMP) and a lot more – that are preconfigured out of the box with workflow and letters, and totally built-in with SureScripts and CoverMyMeds, as very well as fax, phone, e-mail, and mail capabilities that eliminate pricey and time-consuming implementations.

If added assistance assistance is needed by our clients, the FRx Market provides access to a complete community of pre-vetted associates that produce a whole selection of specialized products and services. These products and services incorporate, but are not limited to, consumer company, formulary and rebate administration, prior authorization, appeals and grievance management, cellular minimal-value drug options, and a lot more. FRx Marketplace services partners are thoroughly integrated with FRx technologies modules for speedy go-to-current market and stress-free of charge services changes.

As an included reward, FRx clients can benefit from their extra potential or specialised talent established to provide their providers on the FRx Marketplace — getting a earnings stream with out needing to retrain their staff.

“The FutureRx design is a video game-changer that places handle back into the fingers of the well being prepare or PBM. By presenting the versatility to scale companies up or down as essential with pre-configured connections, FRx prevents seller lock-in and gets rid of the fees and head aches included with company provider integrations,” explained Anil Kottoor, founder and CEO, FutureRx. “Importantly, our shoppers can switch between suppliers on the FRx Marketplace each time and as generally as they like with out compromising their knowledge, which stays on the FRx platform and usually less than the customer’s command.”

“Our intention with FRx and the FRx Market is to enable wellness programs and PBMs take back again regulate of their small business procedures by removing the hassles of vetting, contracting, and running essential outsourced company interactions,” said Mark Francen, main products officer, FutureRx. “It signifies the culmination of years of investigate by our group of extremely skilled healthcare and technological innovation innovators into the ways traditional PBM and health and fitness prepare interactions drop short and the most effective methods to right these shortcomings.”

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