NationsRx Announces Launch of Pharmaceutical Services Group Purchasing Program for Employers
Program creates first GPO exclusively designed for Payors of Care, lowering direct pharmaceutical costs.
Wildomar, CA (PRWEB) July 7, 2004 -- NationsRx, Inc.(www.NationsRx.com) today announced it has launched its pharmaceutical group purchasing program designed to service the needs of self insured employers. The new service aggregates the purchasing power of America's Employers into a unified contracting element, creating unmatched economic and clinical efficiencies across the continuum of pharmaceutical care.
Through the NationsRx Employer Pharmaceutical Purchasing Program, employers are provided with direct access to a portfolio of pharmaceutical manufacturer rebate contracts specific to their pharmacy plan design. The employers selected PBM continues to administer claims and provide the employer with claims utilization/processing and clinical services. However, instead of a PBM "sharing" rebates with the employer, the EMPLOYER is now the owner of 100% of the product rebates. This ensures the employer of the lowest product acquisition cost, maximizing healthcare economic resources.
The technology incorporated into the NationsRx systems utilize the power of aggregated purchasing algorithms coupled with user focused revenue enhancement models that deliver bottom line cost efficiencies to the payor of care. Healthcare Payors and Providers deserve and are demanding immediate economic value coupled with real time solutions for their healthcare spending said David Rykbos, President & CEO of NationsRx, Inc. NationsRx provides hard dollar savings along with valuable supply chain solutions at no charge to these organizations. While the traditional supply chain metrics have favored individual manufacturers, consultants and PBM's (prescription benefit managers), this has allowed for artificial price increases and product access issures. NationsRx equates the healthcare product supply chain continuum by providing a completely independent gateway for product selection and procurement.
About NationsRx
NationsRx, Inc. (www.nationsrx.com) is a pharmaceutical services organization designed to meet the complex supply chain demands of today's healthcare payor and provider entities. The NationsRx client base includes both payors (self insured employers & government sponsored programs) and providers of care including hospitals, health systems, home health providers (ambulatory infusion services), ambulatory surgery centers, long-term care pharmacy providers, mail order pharmacies, retail pharmacy (chains & independents) and government sponsored healthcare delivery channels (VA, DoD, State Facilities, PHS). The Company has developed proprietary procurement applications utilizing management's knowledge capital and expertise within both the pharmaceutical manufacturing environment and the healthcare group purchasing organization arena. All of the NationsRx programs enhance overall clinical outcomes while capturing economic efficiencies across the healthcare supply chain.
Contact:
NationsRx, Inc.
David Rykbos
www.nationsrx.com
909.677.3534
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