NEW YORK, Aug. 5 /PRNewswire-FirstCall/ -- Ramp Corporation today announced that its HealthRamp, Inc. subsidiary will enhance its ePrescribing clinical toolsets and decision-making support mechanisms via a strengthened alliance with First DataBank, the leading provider of context-relevant, integrated drug information. Ramp Corporation, through its wholly owned HealthRamp subsidiary, markets the CareGiver and CarePoint technology suites.
In response to the continually and rapidly changing informational needs of healthcare professionals, HealthRamp is working closely with First DataBank to provide its users with a new level of flexibility and improved information exchange. With this expanded relationship with First DataBank, HealthRamp will empower users by allowing them to accurately analyze drug prices for brand and generic drugs, including the ability to compare current drug prices, view blue book average wholesale price (BBAWP) and view equivalent products in seconds.
With an estimated 8.8 million adverse drug events occurring each year in the U.S., HealthRamp seamlessly integrates First DataBank’s drug knowledge databases into its application suites to help decrease the risk of adverse drug events, reduce the possibility of medication errors and improve patient safety. HealthRamp will soon be able to provide formulary information on Medicare and Medicaid patients, with additional information such as coverage restrictions, plan-covered drugs and other data that will simplify and expedite claims processing and coding, which translates to greater cost savings. Medical professionals can easily retrieve critical information at a level of detail specific to their needs.
“First DataBank has a long history of providing integrated drug content for a wide range of healthcare applications -- from pharmacy dispensing to computerized physician order entry,” commented William Wright, President and CEO of First DataBank. “We are proud to be working with HealthRamp, which will help physicians and nurses leverage our drug content in innovative ways, with a new level of clinical decision making and interoperability,” concluded Wright.
“The significance of our relationship with First DataBank cannot be overstated. With the essential data that we draw from First DataBank, we are able to deliver real-time drug alerts and reference information to our physicians when it is most crucial -- at the point of care,” stated Andrew Brown, Ramp CEO and President. “We grow and evolve with our users through cultivating stronger alliances with partners like First DataBank. Advancing our partnership with First DataBank will allow us to expand our technologies to integrate invaluable content such as Medicare and Medicaid information that will be beneficial to our physicians and to our CareGiver users in the long-term care setting,” concluded Brown.
First DataBank, a subsidiary of The Hearst Corporation, is the leading provider of electronic drug information to the healthcare industry. First DataBank helps reduce the incidence of medication errors and adverse drug events, which promises to lower healthcare costs and improve patient care. First DataBank’s drug knowledge bases and related software products have been used by tens of thousands of healthcare and business professionals for over 20 years. First DataBank is one of the healthcare industry’s most trusted and widely used sources of up-to-date drug information, being incorporated by information system vendors, self-programmers, and direct end-users throughout the entire healthcare continuum.
For more information, visit http://www.firstdatabank.com/.
Ramp Corporation, through its wholly owned HealthRamp subsidiary, markets the CareGiver and CarePoint technology suites. CarePoint enables electronic prescribing, lab orders and results, Internet-based communication, data integration, and transaction processing over a handheld device or browser at the point-of-care. CareGiver allows long term care facility staff to easily place orders for drugs, treatments, and supplies from a wireless handheld PDA or desktop Internet web browser. HealthRamp’s products enable the communication of high value-added healthcare information among physician offices, pharmacies, hospitals, pharmacy benefit managers, health management organizations, pharmaceutical companies and health insurance companies. Ramp’s OnRamp division provides a state of the art telecommunications center that enables 24/7 communication between a medical practice and its patients. Additional information about Ramp, including its products and services, can be found at http://www.ramp.com/.
Safe Harbor Statement: To the extent that any statements made in this press release contain information that is not historical, these statements are essentially forward-looking. Forward-looking statements can be identified by the use of words such as “expects,” “plans,” “will,” “may,” “anticipates,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the ability of the Company to raise capital to finance the development of its Internet services and related software, the effectiveness, profitability and the marketability of those services, the ability of the Company to protect its proprietary information and to retain and expand its user base, the establishment of an efficient corporate operating structure as the Company grows and, other risks detailed from time-to-time in our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statements.
Ramp Corporation
CONTACT: Investors, Andrew Brown, +1-212-440-1548, or Media, RobinSchoen, +1-215-504-2122, both of Ramp Corporation
