CMS is the largest payer of opioid prescriptions and the overall spend on opioids represents a large portion of the overall budget. Payers need to be proactive in addressing this problem.
Fort Washington, Pennsylvania (PRWEB) March 27, 2018
RAM Technologies, Inc., the perennial leader in the development of enterprise software for healthcare payers, is pleased to announce the availability of a new report as part of the “Sharing Knowledge to Improve Healthcare Administration” (SKIHA) program. This month, members of the SKIHA program (free registration) are granted complimentary access to the RAM report, How Payers are Using Data and Evidence-Based Practices to Address the Opioid Crisis.
Opioid abuse is a complex issue that requires a wide range of strategies to address. Payers have a unique role to play, specifically when it comes to ensuring that Medicare Advantage and Medicaid beneficiaries are able to receive the evidence-based treatments they need, while at the same time minimizing their risk of abuse or addiction. This article outlines the best practices that have been utilized by payers across the nation, and their impact on curbing opioid overuse and abuse.
“The opioid epidemic is affecting the entire nation,” said Christopher P. Minton, Executive Vice President of RAM Technologies, Inc. “This is not only a health concern but also a financial one. CMS is the largest payer of opioid prescriptions and the overall spend on opioids represents a large portion of the overall budget. Payers need to be proactive in addressing this problem. Fortunately there have been successes, and adopting these unique practices has the potential to provide health plans, and CMS, with significant savings.”
To read the entire report (How Payers are Using Data and Evidence-Based Practices to Address the Opioid Crisis) CLICK HERE.
About the Program
The SKIHA program (Sharing Knowledge to Improve Healthcare Administration) is an open platform that shares industry analysis and research to help the payer community prepare for the future. Each and every month the SKIHA program makes available special content that provides unique insight and in-depth industry knowledge to those in the position to enact real change. This free-flow exchange of ideas provides the information health plans need to improve operations, increase productivity and reduce costs.
About RAM Technologies, Inc.
RAM Technologies is the leading provider of enterprise claims processing software and claims adjudication software for health plans. For over 37 years RAM Technologies has led the way in the creation of Medicaid software solutions, Medicare software solutions and software for dual eligible processing (the Medicare-Medicaid Financial Alignment Initiative). RAM Technologies has been recognized on Inc. Magazine’s List of Fastest Growing Private Companies and the Philadelphia Business Journal’s List of Top Software Developers for their advancements in the creation of comprehensive claims management software for Medicare and Medicaid administration. To learn more about RAM Technologies’ healthcare claims processing and managed care software solutions call (877) 654-8810 or visit ramtechinc.com.