Monday, April 15, 2019
Tabula Rasa HealthCare, Inc., a healthcare technology company advancing the field of medication safety, today announced it has contracted with one of the largest health insurers in Arkansas. The partnership, through TRHC’s PrescribeWellness subsidiary, will improve quality and performance outcomes for eligible plan members who fit criteria by leveraging community pharmacists to improve medication adherence and address gaps in care.
“TRHC always has been focused on creating reimbursement opportunities for pharmacists providing clinical services. This partnership is a great example of our progress towards that goal. It is very exciting and serves as initial validation of our rationale for the acquisition we completed last month with PrescribeWellness,” stated TRHC Chairman and CEO Calvin H. Knowlton, PhD. “Through our new payer partnership, pharmacies will use TRHC’s PrescribeWellness comprehensive technology platform to identify medication safety intervention opportunities and document encounters. Pharmacies in the PrescribeWellness network will then be compensated on a per patient, per quality measure basis with added bonuses based on PW network performance throughout the plan year.”
TRHC’s comprehensive technology platform drives the pharmacist patient care process and supports enhanced services to address the unique medication use needs of complex patients.
“Community pharmacies are ideally situated to positively impact the health of patients—and all Americans—by addressing medication concordance, adherence and other gaps in care along with providing other crucial preventive healthcare services. And now they will be compensated for their services in Arkansas,” said Al Babbington, CEO of PrescribeWellness. “We are here to empower pharmacists to go ‘beyond the fill’ with innovative technological solutions that advance their ability to identify, manage and drive patient care solutions, addressing the needs of the total patient—for every patient, every day.”