Navigation Links
New Tool Helps Employers Lower Drug Costs
Date:1/29/2009

SARASOTA, Fla., Jan. 29 /PRNewswire/ -- As American businesses take belt- tightening to new levels to counter the ongoing recession, one technology company is introducing a new service to help organizations address one of the fastest-growing expenses -- healthcare.

EquivaMeds (www.EquivaMeds.com) helps self-insured employers lower prescription drug costs for employees. The service helps members analyze their current medications, identify lower cost options and communicate the results privately back to their doctors.

The EquivaMeds patent-pending database application searches thousands of equivalent-class medications, brand and generic drugs, that are up to 80% less expensive. Medications suggested by EquivaMeds are available at local pharmacies, so the recommendations easily integrate into an organization's prescription benefit plan.

Doctors have the final say and most say they appreciate the cost information, which is not typically available when physicians prescribe.

"We call EquivaMeds 'the best thing since generics' because we think it will have a similar impact on drug costs," said Phil St. John, President of Genuity Group LLC, the healthcare technology company that developed EquivaMeds in partnership with physicians.

EquivaMeds can find savings of $200 to $600 per employee, per year. One 5,000-member self-insured group saved $1 million in its first year of using the methodology. To learn more, visit www.EquivaMeds.com or call toll-free (866) 977-3637.


'/>"/>
SOURCE EquivaMeds
Copyright©2009 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. New male sling procedure helps prostate cancer survivors who suffer from urinary incontinence
2. Direct Anesthetic Infusion Helps Colorectal Cancer Patients
3. Radiation and drug combo helps boost efficacy of lung cancer treatment
4. Childs Flu Shot Helps Whole Family
5. Microsoft Helps Developers of Clinical User Interfaces Improve Efficiency, Patient Safety With Free Toolkit
6. Generic prostate drug helps find high-risk cancers early
7. Tamoxifen Helps Treat Bipolar Disorder
8. Imaging Software Helps Track, Treat Injured Brains
9. GPS-like technology helps pinpoint best methods for moving injured players
10. New Website Helps Women Be Fit, Sexy and in Control!
11. Brain Defect Helps Drive Fragile X Syndrome
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2017)... ... April 24, 2017 , ... ... Association’s Outstanding Public Communication of Education Research Award. The award honors scholars exemplary ... communities. It recognizes a scholar who has demonstrated the capacity to deepen the ...
(Date:4/24/2017)... ... 2017 , ... Veteran Theresa James awoke to the sound of her newly ... “Healing Tears,” James depicts every parent’s worst nightmare, when her three children were violently ... and situations throughout my divorce,” James said. “After the death of my children, I ...
(Date:4/24/2017)... Waycross, Ga. (PRWEB) , ... April 24, 2017 ... ... and trusted advisor within the telehealth industry, announces the company’s VideoMedicine mobile platform ... primary care providers. Available 24 hours a day, Quick Care provides patients with ...
(Date:4/24/2017)... ... 2017 , ... Rod Burkett, CEO of Gardant Management Solutions, was recently featured ... at the forefront of Gardant since it was founded in 1999. His drive and ... of more than 40 new senior living communities. With his leadership, Gardant has grown ...
(Date:4/24/2017)... ... April 24, 2017 , ... Donna Parker, L. Ac. reads all ... found any of them to be very practical. She wanted to write a guide/workbook ... changes in their health. It prompted her in writing “ A Clear Path to ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... , April 20, 2017 NeuroVive Pharmaceutical ... today announced positive preclinical results demonstrating anti-fibrotic ... for non-alcoholic steatohepatitis (NASH), in an additional ... NV556 has previously shown similar anti-fibrotic ... Today, NeuroVive,s scientists present novel data demonstrating ...
(Date:4/19/2017)... 2017 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) (the "Company"), ... Healthcare Investor Conference 2017 at the Sheraton Hotel in ... Executive Officer of the Company is scheduled to present on Tuesday, ... and the Chairman of the Board, Tony Holler ... ...
(Date:4/19/2017)... YORK , April 19, 2017 The Mobile ... to showcase a healthy CAGR during the forecast period ... type in the global digital mobile X-Ray devices market, which ... Mn in 2017, expanding at a CAGR of 7% over ... absolute $ opportunity of more than US$ 100 Mn in ...
Breaking Medicine Technology: