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Rising Medical Solutions Partners With myMatrixx to Deliver Integrated Pharmacy Management Solutions
Date:3/28/2008

CHICAGO and TAMPA, Fla., March 28 /PRNewswire/ -- Rising Medical Solutions, Inc. (Rising) and myMatrixx, LLC (myMatrixx) are pleased to announce an enhanced integration between Rising's Workers' Compensation medical bill review program and myMatrixx's pharmacy benefits management program. The partnership creates the first fully-integrated and automated program between a medical cost containment organization and a pharmacy services company.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080206/AQW030LOGO-b)

The program benefits for Payers of Workers' Compensation medical and pharmacy bills are numerous, including:

-- Payers only need to perform one systems integration in order to

capitalize on both cost management programs, freeing up their valuable

technical and support resources

-- All medical treatment information resides in a single database,

allowing Payers to evaluate and analyze a complete view of all their

medical costs

-- Out-of-network prescription fills are flagged and automatically

converted to the discount pharmacy program with no adjuster

intervention

-- Adjusters need only log into one website to access online claims

management tools and reporting for both programs

"The labor savings and increased network savings are quite remarkable, and it is all turn-key for our clients," says Rising CEO, Jason Beans.

Comments Steven MacDonald, CEO of myMatrixx, "This type of cohesive program experience is what clients should expect from a strategic partnership offering. So far, with little effort from Rising's clients, we have significantly increased penetration under the program and in-network pharmacy utilization is currently exceeding 80%."

About Rising Medical Solutions, Inc.

Headquartered in Chicago, Illinois, Rising (http://www.risingms.com) is a leading medical-financial solutions organization that services the auto, workers' compensation and liability markets. Through its comprehensive medical cost containment and care management programs, Rising provides compelling business outcomes to clients nationwide, including insurance carriers, self-insured employers, government organizations, third party administrators, and attorneys.

About myMatrixx

Headquartered in Tampa, Florida, myMatrixx (http://www.mymatrixx.com) is a national pharmacy services company specializing in pain management outcomes and recoveries. myMatrixx operates a nationwide network of over 50,000 retail pharmacies, an information-based clinical pharmacy program, and a corporate-owned mail-order pharmacy.

Contact Rising Medical Solutions: Rachel Racz at 312.224.5893 /

rachel.racz@risingms.com


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SOURCE Rising Medical Solutions, Inc.
Copyright©2008 PR Newswire.
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