Department of Defense Awards U.S. Armed Forces Formulary Management Contract to Zynchros, Inc.: Zynchros.com technology delivers quality formulary data and provides ePrescribing support

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The Department of Defense (DoD) has awarded the TRICARE Formulary Management and Publication contract to Zynchros, Inc., the market leader in pharmacy benefit management technology that provides an on-demand solution for efficient, effective formulary management.

The big picture we focus upon is creating a cohesive, streamlined process end-to-end that coordinates information among various constituents. The end result is higher quality information made available to the prescribing physician -- an essential component for ePrescribing initiatives.

    TRICARE Management Activity, a Department of Defense agency, administers the health care plan for active duty service members, retirees and their families serving the U.S. Army, U.S. Air Force, U.S. Navy, U.S. Marine Corps, and U.S. Coast Guard.

"We have a broad range of experience working with local, regional and national health plans, pharmacy benefit managers and other governmental organizations," said Marc Lilly, CEO of Zynchros. "We are excited to offer the Department of Defense our services, ultimately benefiting our uniformed men, women and their families."

TRICARE's vision is to be a world-class health care system and since its inception, has continually expanded its services, recently improving pharmacy benefits with mail-order and retail pharmacy programs. Likewise, the DoD overall has focused upon pharmacy, and is implementing a three-phase plan that includes executing an Electronic Prescribing (ePrescribing) Initiative. The ability for prescribers to electronically access and download the TRICARE formulary will move DoD forward towards a full e-Prescribing system.

"The Zynchros platform is unique in its approach to pharmacy program management," said Bob Pinkerton, President and COO of Zynchros. "The big picture we focus upon is creating a cohesive, streamlined process end-to-end that coordinates information among various constituents. The end result is higher quality information made available to the prescribing physician -- an essential component for ePrescribing initiatives."

E-prescribing involves physicians using software, rather than a paper prescription pad, to prescribe prescription drugs. Prescription information is then sent electronically to retail or mail order pharmacies for dispensing, where it is paid for, and picked up or delivered to, the patient.

The Zynchros platform directly supports ePrescribing initiatives -- creating, exporting, and coordinating delivery of high quality, up-to-date, and accurate formulary data directly to RxHub and other ePrescribing vendors. E-prescribing initiatives bring about more informed providers, improved patient safety, increased formulary compliance and reduced costs overall.

About TRICARE Management Activity

TRICARE Management Activity, the Department of Defense agency that administers the health care plan for the Uniformed Services, retirees and their families, serves more than 9.2 million eligible beneficiaries worldwide.

About Zynchros, Inc.

Founded in 2000, privately-held Zynchros, Inc. (formerly Script IQ, Inc.) delivers technology-based solutions that transform the economics of drug-based wellness, reducing costs, improving access to appropriate treatments and enhancing the profitability, compliance and agility of health insurers and pharmacy benefit managers. The Zynchros.com on-demand platform provides the workflow process necessary to initiate effective formulary strategy management, improving responsiveness, control and efficiency by synchronizing all of the participants in pharmacy benefits, from P&T to the point of care. To learn more about how Zynchros is interconnecting the world of pharmacy benefits visit http://www.zynchros.com or call 1-866-996-2476.

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Gina Gustafson
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