RICHLAND, Wash., Oct. 16, 2018 /PRNewswire-PRWeb/ -- Leading
e-Prescribing software vendor, MDToolbox, just released a Real-Time
Prescription Benefit and Price Transparency solution. The new
feature provides point of care prescription price transparency for
providers and their patients.
Many patients experience "sticker shock" when hearing the price
of their prescription at the pharmacy. A lot of patients,
especially those with high-deductible insurance plans, decide to
abandon their prescriptions once hearing the price, leading to
lower rates of medication adherence. This feature aims to eliminate
this price shock patients are often faced with, provide a tool for
providers to open a dialogue with their patients and make
better-informed medication choices, reduce costs, and improve
medication adherence.
Along with the electronic prior authorization solution that was
introduced a few years ago in MDToolbox, the Real-Time Prescription
Benefit feature allows for a completely streamlined prescribing
workflow for providers and results in less surprises for patients
at the pharmacy. At the point of prescribing, providers are able to
view patient-specific benefit and price information in real-time
directly from the pharmacy benefit managers (PBMs). Cost saving
therapeutic alternatives are also displayed so the prescriber,
along with the patient, can choose the best medication for
treatment while considering costs. If the selected drug happens to
still require prior authorization, the prescriber is notified and
can electronically submit the necessary information and, in many
cases, obtain the authorization before the patient leaves the
office. This reduces the workload, costs, and stress for
prescribers, patients and pharmacists alike.
"At MDToolbox, we are always searching for new solutions to
benefit not only our providers, but their patients as well," stated
Michael Conner, Director of Business
Development at MDToolbox. "The cost of a prescription can be a huge
inhibitor for many patients. Price transparency helps providers
prescribe the correct medication for their patient with all the
necessary information, leading to higher medication adherence and
happier patients."
The module comes standard in MDToolbox's stand-alone
e-Prescribing product, MDToolbox-Rx, and is also available in more
than a hundred of the EHRs that have integrated MDToolbox's
solution into their products. MDToolbox-Rx adds this to the long
list of features built in: Eligibility, Formulary Coverage,
Customizable Interaction Alerts, Dosing Calculators, Patient
Education, Decision Support and more.
About MDToolbox
MDToolbox is a Health Information Technology software company
providing innovative solutions. MDToolbox-Rx, the flagship product,
is a complete e-Prescribing system that is used by stand alone
medical practices and facilities, as well as integrated seamlessly
with hundreds of other Health IT systems nationwide. MDToolbox-Rx
offers a highly customizable and simple to use electronic
prescribing system that is Surescripts®, Meaningful Use, and EPCS
certified. For more information, please visit
http://www.mdtoolbox.com.
SOURCE MDToolbox