FLORHAM PARK, N.J., April 24, 2014 /PRNewswire/ -- Armada Health Care (Armada), a leading provider for channel management solutions, commercialization strategies, and support services for the specialty pharmaceutical industry, is pleased to announce the launch of VISION Armada Analytics, a specialty pharmacy software solution that offers a broad range of data assessments to providers about the patient care process. The tool, which supports multiple pharmacy platforms for API integration, tracks a specialty drug's path prior to initiation of treatment (pre-dispensed data), during the intake and referral processes, and after the drug has been dispensed. The innovative new platform also allows specialty pharmacies to measure and validate a patient's response to therapy.
This dynamic module can offer access to drug dispensing data, drug utilization data, and de-identified patient demographic data that can be utilized by various interested stakeholders: specialty pharmacies, pharmaceutical manufacturers, home infusion pharmacies, payers, chain drug stores, physicians, hospitals, and other health care groups tracking adherence and specialty drug compliance.
VISION was developed to provide a real-time drilldown of how and where prescriptions are being filled to allow for better management of patients and specialty products. The web-based interface provides valuable data about patient intake, days-to-fill, sales, and dispensing information. Other capabilities include Hub-based data capturing, tools for predictive analysis, spreadsheet exports, messaging, and notifications.
"The VISION module enables pharmacies to perform real-time data analysis through a secure, HIPAA-compliant connection," says Howard Barsky, chief information technology officer at Armada Health Care. "With VISION, we are able to provide true metrics for pharmacies and manufacturers to help them perform pre-dispensed data workflow analyses within a platform tightly integrated with our other proprietary tools: the ReachRx Online Therapy Management (OTM) web application, Armada's Specialty Pharmacy Network (ASPN), and ApproveRx, our comprehensive prior authorization program."
VISION's pre- and post-claims data can be used as a marker of patient adherence and compliance levels that health care providers can monitor through the program's dashboard in order to anticipate and mitigate potential barriers to proper treatment with complex biologics. These metrics may also help manufacturers make conclusions about usage and help company brand teams formulate sales strategies based on utilization and reimbursement trends on a region-by-region basis. In addition, the VISION Armada Analytics application also offers visibility into the insurance plan benefit design and co-pay programs associated with a specialty therapy.
About Armada Health Care, LLC
Armada Health Care, LLC (Armada) is the industry's largest specialty pharmacy group purchasing and contracting organization and is a leading provider for channel management solutions, commercialization strategies, and support services for the specialty pharmacy industry. Armada provides comprehensive and cost-effective access to the nation's $100 billion specialty pharmacy industry. Armada offers pharmacy providers, manufacturers, health plans and wholesale distributors a total channel management solution through customized patient programs, prescription data management services, online platforms, and unique purchasing agreements on specialty pharmacy products. Armada is also the founder and host of the nation's largest annual specialty pharmacy summit and expo.
Vice President of Marketing
Armada Health Care
100 Campus Drive
Florham Park, NJ 07932
SOURCE Armada Health Care