On late Wednesday, McKesson has agreed to acquired Columbus, OH-based CoverMyMeds, the nation’s largest prior authorization (PA) network for $1.1 billion. Founded in 2008, CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is manual and time consuming. By ensuring appropriate access to medications, CoverMyMeds helps customers avoid administrative waste and unnecessary medical spending caused by prescription
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McKesson Acquires HealthQX To Boost Its Value-Based Payment Tech Tools
McKesson Health Solutions has acquired HealthQX™ to expand its value based care portfolio with HealthQX's value-based payment technology solution, ClarityQx. Financial details of the acquisition were not disclosed.The acquisition will strengthen McKesson's ability to support health plans transition to value-based care through automating and scaling complex bundled payments. Integrating ClarityQx with McKesson’s Episode Management gives health plans the ability to automate retrospective bundled
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McKesson, Change Healthcare Form New Health IT Entity: 5 Things to Know
McKesson Corporation and Change Healthcare, a provider of software and analytics, network solutions and technology-enabled services have teamed up to create a new healthcare IT company. The combined company includes all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) totaling $3.4 billion in revenue. By creating a new health IT company focused on healthcare IT and services, the merger is expected to generate in excess of $150 million in annual synergies by
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HealthTrio Integrates McKesson InterQual Connect For Automated Medical Review
InterQual Connect™ is now being integrated into HealthTrio’s Smart Connect portal solution making HealthTrio the first portal partner to bring InterQual Connect’s cloud-based automated medical review and authorization capabilities to its payer-provider network. HealthTrio's SaaS provider for the healthcare market, enables payers and providers to achieve the triple aim of better care, better outcomes, and lower cost within a rapidly transforming industry. Now health plans and ACOs that use Smart
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ZeOmega Integrates with McKesson’s InterQual Connect
ZeOmega Inc. has announced an agreement to integrate ZeOmega's Jiva™ population health management solution with McKesson's InterQual® Connect authorization and connectivity solution to fully automate pre-authorization for payers and providers. The integration marks ZeOmega’s Jiva as the first partner to tap InterQual Connect’s cloud connectivity to expand automated authorization to include requests requiring a medical review and simplify pre-auths for their customers.Without leaving their easy
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McKesson, Blue Cross Blue Shield of Arizona Launch Value-based Care Collaborative
McKesson Business Performance Services and Blue Cross Blue Shield of Arizona (BCBSAZ) have launched a new company, ACO Partner, a Maximum Services Organization, an innovative collaborative that will leverage McKesson’s physician engagement, care management, and population health services and technology. ACO Partner plans to contract with payers and provider groups nationwide to increase the overall quality of care through strong partnerships in pursuit of the triple aim of lowering costs,
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McKesson Lands $139M DoD Contract for RelayHealth’s Patient Engagement, Secure Messaging
McKesson announced today that the Department of Defense (DoD) and the Defense Health Agency (DHA) has awarded a $139 million, five-year contract for RelayHealth’s patient engagement and interoperable secure messaging solutions. The solutions will serve the Military Health System’s (MHS) patients, physicians, physician assistants, nurse case managers, physical therapists, occupational therapists, dentists, and other members of the care team. The contract is a nine-month base transition-in period
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e-MDs Finalizes Acquisition of Ambulatory Software Asssets from McKesson
Ambulatory EHR provider e-MDs announced it has finalized the acquisition of several ambulatory software assets from McKesson Business Performance Services in a move to boost its market share in the ambulatory EHR space. These McKesson assets include McKesson Practice Choice™, Medisoft®, Medisoft® Clinical, Lytec®, Lytec® MD, and Practice Partner®. Financial details of the acquisition were not disclosed. The acquisition establishes e-MDs as a top 5 provider in the ambulatory healthcare market,
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McKesson Unveils Cloud-based Ecosystem for Medical Review & Authorization
McKesson Corporation today announced the launch of InterQual Connect™, a cloud-based medical review service with authorization connectivity for payers and providers. InterQual Connect works with the same care management systems and InterQual Criteria they already use, making it fast, easy, and cost-effective to implement and deploy.
Today the total cost of an authorization is between $35 and $100 when faxes, denials, appeals, and other aspects are considered, according to McKesson research.
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Commonwell Expands Cross-Vendor Interoperability to Post-Acute Market
CommonWell Health Alliance is expanding its cross-vendor interoperability services to the post-acute market with vendors Brightree, Cerner and McKesson among the first CommonWell members committed to deploying these services nationwide in 2016. The not-for-profit association is the first and only national network to facilitate patient-centric identification, record location and query and retrieval of clinical chart data, planned to expand the reach of its services to enable real-world exchange
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