BURLINGTON, Mass., June 14, 2016 /PRNewswire/ --
What: |
Data from 225+ retail pharmacies nationwide, analyzed by PARx Solutions, shows the top 40 brand name retail medications for which physician practices must submit prior authorization requests. |
Why: |
Prior authorizations (PA) - the requirement by a patient's health plan to approve a specific medication before it can be dispensed -are a growing concern for physician practices. Physicians' prescribing decisions used to be based solely upon drug efficacy and side effects. Today, health care providers often face significant barriers to their ability to have their patients take the medication that they believe will work best for them. |
What this means to the pharmaceutical industry: Prescriptions that don't get filled, and weakened relationships with provider practices that are unwilling to deal with the time consuming burden of completing the PA forms and conducting the follow-up needed to manage the PA approval process. Many practices find PAs to be a complex and frustrating experience, highly disruptive to workflow, and difficult to complete in a manner that yields the highest chance of approval As a result, many patients do not receive the medication that will best treat their condition and improve health outcomes. |
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What this means to physician practices: Particularly for physician practices "going it alone" or using a forms-only service for the submission process, PAs present a real barrier to prescribing many of the "best in class" medications they deem most appropriate for their patients. |
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Who: |
PARx Solutions helps physician practices meet a growing challenge: medications requiring prior authorization in order to be covered by their patients' insurance plans. PARx provides practices with the ability to submit prior authorization requests quickly and accurately, then conducts extensive follow up on their behalf, leading to higher approval rates for the medications physicians deem best for their patients. |
To Receive Survey Results, Contact:
Ariane Doud, Warner Communications for PARx Solutions
[email protected] (978) 283-2674
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SOURCE PARx Solutions
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