The Pharmacy Benefits Management Institute Recognizes informedRx for Their Efforts to Minimize Inappropriate
Prescribing of Controlled Substances
LISLE, IL, Feb. 22 /CNW/ - SXC announced today that the Pharmacy Benefit Management Institute
(PBMI) awarded the 2011 Rx Innovation Award to informedRx. This award
recognizes the Controlled Drug Program, developed by informedRx, to
promote safety, enhance quality of life, decrease risk for on-the-job
injuries and achieve overall plan savings.
Use of multiple narcotics can have adverse effects on both members and
plan sponsors, including: compromised patient safety, risk of addiction
and diminished quality of life, risk of on the job injuries and wasting
scarce health plan resources. InformedRx designed a program of
pharmacist review and intervention in which targeted interventions were
sent to physicians with the goal of improving prescribing patterns for
this important class of medications. The program demonstrated strong
results, including: 58% fewer narcotic prescriptions written, 57% fewer
prescribers writing narcotic prescriptions, and an average savings per
case of $105.16.
"Our goal with our clinical programs is to save money for our clients,
but more importantly, to impact safety and quality of life for our
clients' members. In the long term, that's what makes the greatest
impact on productivity and health", said Mark Thierer, President and
CEO of SXC. "Our clients look to us to provide services that go beyond
the price of drugs - they want partners who can address their specific
issues and goals. Like the rest of our services, this program takes
advantage of our industry leading technology and can be easily
customized to do just that."
The informedRx Controlled Drug Program has been deployed with a number
of clients, each customizing the program based on review of their data
and prescribing patterns. In 2010, the program garnered a Gold URAC
Best Practices award for informedRx's partnership with EMPLOYERS
Occupational Health in the area of HealthCare Consumer Empowerment and
About SXC Health Solutions Corp.
SXC Health Solutions Corp. is a leading provider of pharmacy benefits
management (PBM) services and Health Care Information Technology (HCIT)
solutions to the healthcare benefits management industry. The Company's
product offerings and solutions combine a wide range of PBM services
and software applications, application service provider (ASP)
processing services and professional services, designed for many of the
largest organizations in the pharmaceutical supply chain, such as
health plans, employers, federal, provincial, and, state and local
governments, pharmacy benefit managers, retail pharmacy chains and
other healthcare intermediaries. SXC is headquartered in Lisle,
Illinois with multiple locations in the US and Canada.
For more information please visit www.sxc.com.
SOURCE SXC Health Solutions Corp.
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