SOURCE: CoverMyMeds

CoverMyMeds

April 15, 2015 13:45 ET

CoverMyMeds and NewCrop Launch Industry's First Complete ePA Solution

COLUMBUS, OH--(Marketwired - Apr 15, 2015) - CoverMyMeds, the nation's largest electronic prior authorization (ePA) platform, and NewCrop, a leading provider of electronic prescribing services, announce the launch of the industry's first electronic prior authorization (ePA) solution to offer complete ePA functionality, as defined in the ePA National Adoption Scorecard. The enhanced ePA solution is available at no additional cost to all NewCrop customers effective immediately.

A complete ePA solution supports all payers, and supports both the prospective (physician-initiated) and the retrospective processes (pharmacy-initiated, after a claim rejection). Support for all payers, including Medicare, Medicaid and commercial, is critical to provider adoption of ePA because it ensures a consistent, reliable user experience. The ability to receive retrospective prior authorizations, which are started and electronically shared by pharmacies, allows providers to immediately begin realizing the benefits of ePA through a familiar workflow while the prospective process is adopted.

"We're excited to be moving ePA adoption forward with a partner like NewCrop, a leader in the industry," said Matt Scantland, Co-Founder of CoverMyMeds. "NewCrop's product demonstrates the enhanced adoption that a truly complete ePA solution can achieve."

"By incorporating the PA process into the prescribing workflow, NewCrop now provides a time-saving and efficient solution to a long-standing problem," said Lawrence Susnow, M.D., Co-founder and Chief Medical Officer at NewCrop. "We selected CoverMyMeds as the ideal partner to leverage the real-time connectivity inherent to e-prescribing, creating immediate benefit for doctors, their staff, and their patients."

NewCrop was an early adopter of ePA technology, and has continually improved their ePA workflow based on provider feedback. Launching this enhanced solution positions them as a clear leader in supporting the prior authorization process, which is widely known to contribute to administrative waste and prescription abandonment.

More than 360 EHR systems, 45,000 pharmacy locations, and payers that represent 72% of US prescription volume work with CoverMyMeds to automate their prior authorization process. CoverMyMeds is free for prescribers and pharmacists and used by more than 260,000 providers nationwide.

About CoverMyMeds
CoverMyMeds is the leader in Electronic Prior Authorization, and one of the fastest growing healthcare technology companies in the US. Our technology integrates with pharmacy systems, EHRs, and PBMs to create the most efficient electronic prior authorization (ePA) strategy for all participants. With millions of ePAs automated each month, CoverMyMeds is the only vendor using the NCPDP ePA standard at scale. For more information, visit www.covermymeds.com.

About NewCrop
NewCrop is the leading electronic prescribing service and has been deployed in a wide range of EHRs and medical networks since 2003. The company's user interface allows for rapid installation of fully expedited e-Prescription networking, as well as Meaningful Use certifications, lab integration, secure messaging, registry reporting, DEA-compliant EPCS audit, and more. All services are available as an integrated user interface and/or data services for all individual features, facilitating easy and flexible installations to fast track network and Meaningful Use certifications. Visit www.newcroprx.com.

Contact Information

  • Media Inquiries:

    CoverMyMeds Contact
    Amelia Vereb
    Vice President
    SweeneyVesty
    Email Contact
    614-324-3426

    NewCrop Contact
    Randy Barnes
    VP, Business Development
    NewCrop
    Email Contact
    541-408-1275