Navigation Links
NovoLogix Launches First Annual Symposium for Healthcare Thought Leaders
Date:10/29/2008

MINNEAPOLIS, Oct. 29 /PRNewswire/ -- NovoLogix(SM) has announced the launch of an ongoing series of symposia that will explore creative, forward-thinking ideas and strategies for managing the changing healthcare landscape. The first in this series, entitled Innovations in Healthcare Technology: Managing Medical Pharmacy, will convene Wednesday evening, October 29, at the recently opened W Minneapolis -- The Foshay and run through Thursday, October 30, 2008.

This invitation-only event will bring together leading thinkers, policy makers, and industry experts -- representing state-funded programs, global employers, pharmacy benefit management companies, national health plans, and academia. Noted panelists and attendees will address critical challenges and viable solutions affecting the medical pharmacy space, a growing and ever-more influential segment of the American consumer's healthcare spend, in sessions that include:

Brand the Clinical Landscape will explore the medical pharmacy space, define the terrain, discuss key trends, and investigate the tools needed to manage expenses for health plans, providers, and consumers alike

Model a Benefits Approach will survey the options from the payers' perspective: Medical benefit vs. carve out? Specialty pharmacy or PBM? What are plan sponsors thinking?

Explore Policy Directions will look to legislative and federal-level initiatives, including mandates from the Centers for Medicare and Medicaid Services (CMS), innovations in e-prescribing, electronic health records, and pharmacoeconomic measurements

"NovoLogix is proud to be sponsoring this one-of-a-kind event and providing an opportunity for some of the very best minds in the field to come together to discuss and strategize solutions to healthcare's most formidable challenges," NovoLogix CEO David J. McLean said. "With medical benefit spend already at $36 billion and growing 10-20% per year, we are at a critical juncture. With this symposium, we have an opportunity to really sharpen our focus on what it will take to effectively manage in the new world of medical pharmacy -- a world in which old technology no longer provides the tools we need, shifting sites of care are adding unexpected complexity to billing and reimbursement, and of the high-cost injectable and infusible drugs coming to market in the near term, nearly 70% will require assistance from a healthcare professional to ensure safe and proper administration. Working together I am confident we can develop creative and cost-effective solutions to meet the challenges ahead."

Note: Medical pharmacy is generally defined as prescription drugs administered in the home, outpatient clinic, or physician office and paid for under a beneficiary's medical benefit plan. Unlike prescription drugs filled at a retail pharmacy or administered in a hospital or other acute care setting and covered by a pharmacy benefit plan, this medical pharmacy segment of the overall healthcare space is often paper-based and extremely labor-intensive. And most importantly, it is plagued with significant inefficiencies that result in imprecise pricing, excessive reimbursements and overpayments, and insufficient prior authorization controls, and severely limits both government programs and commercial plans from participating fully in collecting drug manufacturers' rebates.

About NovoLogix

NovoLogix is a performance-based healthcare technology company delivering electronic claims re-pricing processes, prior authorization controls, and integrated patient care and pharmaceutical programs. Generating economic results for payers and their stakeholders and improving the management and delivery of drugs and services for healthcare consumers, Minneapolis-based NovoLogix covers millions of members for the nation's largest health plans, pharmacy benefits management companies (PBMS), and government programs. The company holds full accreditation by EHNAC. http://www.novologix.net


'/>"/>
SOURCE NovoLogix
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. ConvaTec Launches SUR-FIT Natura(R) Low-Pressure Adaptor
2. Capella University Launches PhD in Counselor Education and Supervision : The new degree program, one of few available online, addresses growing need for counseling faculty and supervisors
3. Caring.com Launches First Ad Network to Reach Family Caregivers
4. ECRFPlus Achieves Milestone Multimillion Dollar Enterprise Agreement With CRO and Launches e-CRF+(TM): a CTMS and EDC Web Platform With ECG Analysis and Cardiac Safety Module.
5. The Doctors Company Launches Litigation Education Retreats to Assist Physicians Involved in Medical Litigation
6. Care Improvement Plus Launches 2009 Benefits in Texas
7. St. Davids HealthCare Launches The TIA Center for Stroke Prevention at St. Davids Medical Center
8. Care Improvement Plus Launches 2009 Benefits in South Carolina
9. Care Improvement Plus Launches 2009 Benefits in Missouri
10. Care Improvement Plus Launches 2009 Benefits in Georgia
11. Care Improvement Plus Launches 2009 Benefits in Arkansas
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2017)... ... June 23, 2017 , ... Dr. ... New York, has recently begun offering three new minimally invasive procedures to patients ... procedures and reducing downtime, Dr. Rubinstein is excited to bring microneedling, microneedling facials, ...
(Date:6/23/2017)... ... June 23, 2017 , ... Ensuring meat ... new videos highlight the importance of correctly using a meat thermometer. The videos ... done extensive research on consumer food safety habits. Dr. Bruhn explains the variety ...
(Date:6/23/2017)... ... June 23, 2017 , ... Ross Insurance Agency ... the Federal Emergency Management Agency’s (FEMA) recent update of flood zones, more people ... the Biggert-Waters Act was enacted to reflect the actual risk in flood zone ...
(Date:6/23/2017)... ... June 23, 2017 , ... All-Star Insurance, a family managed agency that offers ... Texas, is announcing the launch of a new charity drive to benefit women in ... United States reveal that an estimated 252, 710 new cases of invasive or high ...
(Date:6/22/2017)... ... June 22, 2017 , ... United Benefit Advisors ... Whipple & Company as its newest Partner Firm. Headquartered in Coconut Creek, Florida, ... risk while tailoring optimized benefit packages that strengthen the relationship between employer and ...
Breaking Medicine News(10 mins):
(Date:6/12/2017)... 12, 2017 Kineta, Inc., a biotechnology company focused ... Vice President of R&D and Head of Virology Kristin ... Preparedness for the Northwest and Beyond meeting sponsored by ... 14, 2017 from 8:30-10:30 AM PDT at the Agora Conference ... Dr. Bedard will be joined by other leaders in ...
(Date:6/9/2017)... PALO ALTO, Calif. , June 9, 2017 /PRNewswire/ ... medical device company focused on the design, manufacture, sale ... updated the market on the progress of its commercial ... AeroForm is now available in more than one hundred ... country. AeroForm offers a needle-free alternative ...
(Date:6/8/2017)... Responding to Heath Ledger,s father,s recent call for ... Chris Cornell in May, the mental health watchdog group, ... psychiatric drug side effects search engine ... risks. The father of the late actor ... has called for tighter rules on prescription drugs. Speaking at ...
Breaking Medicine Technology: