New Pharmacy Partners Adopt the STI Meter Reimbursement Program
HALIFAX, Oct. 11, 2012 /CNW/ - STI, innovative solution provider for the Canadian healthcare market, announces the addition of Express Scripts Pharmacy Ltd, Wescana Pharmacy and Pure Integrative Pharmacies to their growing list of companies in the STI Pharmacy Partner Program.
The blood glucose meter reimbursement program is one of the STI pharmacy partner programs and offers a pharmacy workflow friendly method to receive timely and accurate reimbursement for all meter placements to diabetes patients.
"STI's solution is very convenient and easy to use," says Douglas Ma, Regional Pharmacy Manager for Pure Integrative Pharmacy. "All our pharmacists are able to spend more time with our patients and educate them on their glucose meters because of our partnership with STI."
In a post Sarbanes-Oxley world, STI's proprietary reimbursement solution provides meter manufacturers with the same integrity of fully adjudicated claims processing upon which billions of pharmaceuticals have been processed. Furthermore, the STI solution benefits from full auditability in line with industry initiatives, including the Canadian Health Care Anti-Fraud Association.
"STI pioneered this solution and with the full backing of all of the blood glucose meter manufacturers in Canada, we have successfully processed over half a million meters in pharmacies across Canada", says Steve Nicolle, CEO of STI.
STI has been working diligently since the launch of the STI Pharmacy Partner Program, in June 2012, to ensure pharmacy partners are aware of the opportunities to participate in exclusive STI programs such as blood glucose meter reimbursement, patient insight, co-branded promotions and patient benefit card distribution. These programs promote pharmacy loyalty leading to an increase in overall pharmacy business. The STI Pharmacy Partner Program website provides tools such as: online customer support, store level activity reporting, and card ordering, all packaged for pharmacy at no cost.
In addition to the STI Pharmacy Partner Program, STI provides various programs that are processed through thousands of pharmacies across Canada daily, such as alternative sampling, patient assistance, and patient benefit, that collectively give millions of Canadians greater choice of and broader access to the best medications.
"The STI meter reimbursement model has made distributing of meters, training and billing so easy," says Shafik Rajani, president and CEO of Wescana Pharmacy. "Additionally, it saves us time from our already busy day to try and track down each individual sales rep for meter and training reimbursement." Rajani goes on to say, "With this program, we can do the payment processing in a matter of seconds and be guaranteed timely reimbursement."
In addition to the programs STI provides pharmacy at no cost, they also offer innovative cloud-based software solutions that allow pharmacy to efficiently roll-out the new expanded scope of practice services, such as immunization and wellness clinics.
SOURCE: STI Technologies Limited
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