FLORHAM PARK, N.J., May 10, 2012 (GLOBE NEWSWIRE) -- Armada Health Care (Armada), the nation's largest specialty pharmacy group purchasing and channel management organization, showcased the enhanced versions of its on-line therapy management software, "ReachRx OTM" along with its prior authorization service, "ApproveRx" at the recent 2012 Armada Specialty Pharmacy Summit. These proprietary technology platforms are considered "best in class" in the industry. They are designed to help pharmacies save time and increase profitability while also providing improved patient care. "The manufacturers I work with and our members have embraced these new programs," said Anthony Davino, Vice President of Manufacturer Relations for Armada. "We utilize cutting-edge technology to develop and deliver the most comprehensive manufacturer contract portfolio of specialty products available in the industry."
ReachRx OTM set an industry standard upon its release in 2010 and quickly became a highly valued resource for Armada's Specialty Pharmacy members. Some highlights of the recent ReachRx OTM enhancements include: customized protocols for more than two dozen disease states, additional reports on specific patient data assessments, more extensive prescription compliance programs and new access to limited distribution programs.
ApproveRx helps practitioners streamline the prescription payment submission method via a web based platform that organizes the entire process. ApproveRx has increased its library to more than 10,000 of the most current third party prior authorization forms for drugs requiring an approval code for payment. Pharmacies and physician offices can use the ApproveRx.com website to choose and submit third party prior authorization forms in a fraction of the time it currently takes. The result, the time to fill and bill a prescription can be significantly decreased.
Both programs were well received at the 2012 Armada Specialty Pharmacy Summit which was held at the Wynn, Las Vegas on April 30 - May 4. The annual Armada conference has developed into the nation's largest gathering of specialty pharmacy stakeholders. In 2012, more than 1,600 attendees from 450 related healthcare companies, including 100 exhibitors were represented at the Summit. The annual Armada Summit is considered one of the top 5 national healthcare conferences in the U.S. pharmaceutical industry.
About Armada: Armada Health Care, LLC (Armada) is the industry's largest specialty pharmacy group purchasing and contracting organization. Armada provides comprehensive and cost effective access to the nation's $100 billion specialty pharmacy industry. Armada offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription-data-management services, online platforms and unique purchasing agreements on specialty pharmacy products. Armada also organizes and hosts the nation's largest annual conference for Specialty Pharmacy providers and stakeholders. For more information about Armada, please visit www.armadahealthcare.com
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About ReachRx OTM: An online therapy management tool which is designed to support pharmacies in the management of their specialty patient's drug therapy. The system allows for the capture and reporting of specific data points as required for certain Armada sponsored manufacturer programs. ReachRx OTM will trigger certain tasks which will drop into a pharmacy's queue at various points in a patient's therapy. The program is an excellent tool to assist the pharmacy in effectively treating patients suffering from chronic disease states. For more information about ReachRx OTM, please visit www.armadahealthcare.com
About ApproveRx: A free online platform that streamlines the prior authorization process for pharmacies and prescribers. Thousands of healthcare professionals use ApproveRx to quickly locate and submit prior authorization forms for virtually all drugs and insurance plans. Forms can be pre-populated via an address book and faxed directly to prescribers or payers from a computer. ApproveRx can also be integrated into most current pharmacy workflow systems. For more information about ApproveRx, please visit www.approverx.com
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