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NASHVILLE, Tenn., Aug. 25, 2014 /PRNewswire/ -- Emdeon Inc., a leading provider of healthcare revenue and payment cycle management and clinical information exchange solutions, today announced the launch of Emdeon Easy Save for retail pharmacies. Emdeon Easy Save delivers quick and simple access to some of the largest copay assistance programs available while empowering retail pharmacies to offer copay coupon programs to their customers when they need it.
"We know from industry research that lower out-of-pocket patient costs can lead to higher medication compliance, and that in turn, higher medication compliance typically leads to better health outcomes," said Kevin Mahoney, executive vice president of Pharmacy Services for Emdeon. "We are proud to deliver a simplified copay coupon assistance program to the pharmacies we serve as they strive to increase medication compliance and reduce patients' costs."
Emdeon teamed up with PSKW, LLC, a leading provider of biopharma loyalty relationship marketing services, to deliver this innovative solution. PSKW utilizes their intellectual property, including its in-house database and its preferred-status relationships with pharmaceutical manufacturers, to identify the best available offer for copay assistance. Leveraging this relationship, Emdeon Easy Save offers a simple, in-workflow solution that requires no patient enrollment. Initial results from Emdeon Easy Save data have shown that patients refill their prescriptions more frequently (two to three more prescription refills per year) and stay on therapy longer than patients who are not offered copay assistance programs.
"With so many competing economic priorities out there for patients, we are pleased to work with Emdeon to provide a straightforward solution that maximizes PSKW's broad pharma relationships and pairs that with Emdeon's vast reach into the retail pharmacy," said Robert Previdi, Chairman and CEO of PSKW.
Emdeon is the largest intelligent financial, administrative and clinical health information network in the nation, processing more than seven billion transactions with a claims value of $1 trillion annually. Emdeon's Intelligent Healthcare Network reaches 700,000 physicians, 81,000 dentists, 60,000 pharmacies, 5,000 hospitals, 600 vendors, 450 laboratories and 1,200 government and commercial payers.
Emdeon is a leading provider of revenue and payment cycle management and clinical information exchange solutions, connecting payers, providers, pharmacies and patients in the U.S. healthcare system. Emdeon's offerings integrate and automate key business and administrative functions of its payer, provider and pharmacy customers throughout the patient encounter. Through the use of Emdeon's comprehensive suite of solutions, which are designed to easily integrate with existing technology infrastructures, customers are able to improve efficiency, reduce costs, increase cash flow and more efficiently manage the complex revenue and payment cycle and clinical information exchange processes. For more information, visit www.emdeon.com.
SOURCE Emdeon Inc.