Navigation Links
Medco Wins 2011 URAC Award for Best Practices in Health Care Consumer Empowerment and Protection
Date:10/7/2011

FRANKLIN LAKES, N.J., Oct. 7, 2011 /PRNewswire/ -- Medco Health Solutions, Inc. (NYSE: MHS) today announced that its Medco Therapeutic Resource Centers® (TRCs) won the Silver Award for Best Practices in Health Care Consumer Empowerment and Protection from URAC, the nation's leading healthcare accreditation organization, during the URAC 12th Annual Quality Summit in Chicago.  

(Logo:  http://photos.prnewswire.com/prnh/20100609/MEDCOLOGO)

Medco's program was selected as one of 20 finalists for the award in May 2011 by a distinguished panel of judges.  Finalists presented their winning programs during the Summit, showcasing best practices in two categories: consumer decision making and consumer health improvement.

Medco's Specialist Pharmacy Care Model for Improving Medication Adherence presentation demonstrated how the company's pharmacy practice for patients with chronic and complex conditions -- such as diabetes, cardiovascular disease and cancer -- improves patient safety, affordability and medication adherence with essential medications.  Medco specialist pharmacists are trained in a particular disease and supported by proprietary information systems that enable review of patient-level data and evidence-based clinical protocols to effectively identify and address clinically significant gaps in care, including adherence to essential medication and omissions of essential medications or testing.  

The submission also highlighted metrics -- such as the Adherence Gap Closure Rate -- which showed significant improvements in adherence rates, by disease category, over the time period measured versus non-therapeutic resource center results.  Existing peer-reviewed evidence shows that adherence rates above defined thresholds are correlated with improved clinical outcomes as compared with patients whose adherence rates are below the threshold.  

"With medication-related hospitalizations due to poor adherence ranging from 33 to 69 percent, and direct and indirect health care costs estimated at $290 billion annually, it is critical for us to address and improve patient medication adherence," said Dr. Glen Stettin, Medco's chief medical officer.  "Our experience and evidence shows that Medco specialist pharmacists, working with advanced pharmacy technology, can effectively help patients close gaps in their care and improve their adherence.

"Earning the Silver Award from URAC is a tremendous honor recognizing the important work our pharmacists do to improve our patient's health and well-being," Stettin added.

"URAC's Annual Quality Summit provides a unique opportunity for leaders in health care to learn what premier companies are doing to advance consumer empowerment and protection," said Alan P. Spielman, President and CEO of UARC.  "We are proud to honor Medco's program.  By sharing these best practices, we can work to inspire the industry as a whole to adopt proven practices that advance patient safety and empower consumers."

Also recognized by URAC was Medco's Optimal Health® program -- a strategic alliance with Healthways, Inc. -- for improving member engagement in care management.  Optimal Health earned an Honorable Mention Award in the Health Management Category.  Medco and Healthways' presentation focused on how the use of advanced analytics, faster data integration, advanced clinical information systems, and practice collaboration between nurses, health coaches, benefit specialists and specialist pharmacists can better engage patients and encourage participation in a care management program.

For more information about the URAC 12th Annual Quality Summit, go to http://www.urac.org/12thAnnualSummit/12thAnnualSummit.asp.

About Medco

Medco Health Solutions, Inc. (NYSE: MHS) is pioneering the world's most advanced pharmacy® and its clinical research and innovations are part of Medco making medicine smarter™ for approximately 65 million members.

With more than 20,000 employees worldwide dedicated to improving patient health and reducing costs for a wide range of public and private sector clients, and 2010 revenues of $66 billion, Medco ranks 34th on the 2011 Fortune 500 list and is named among the world's most innovative, most admired and most trustworthy companies. 

For more information, go to http://www.medcohealth.com.


'/>"/>
SOURCE Medco Health Solutions, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Medco Announces Date for Third-Quarter 2009 Financial Results; Company to Provide 2010 Earnings Guidance
2. Medcos 2010 Medicare Prescription Drug Plan Helps People Take an Active Part in Lowering Prescription Costs
3. The Medco Foundation Joins With the Entertainment Industry Foundation to Give Health a Hand to Communities in Need
4. Medco to Present at November 2009 Investor Conferences
5. Medco Delivers Record Third-Quarter 2009 GAAP Diluted EPS of $0.69; Diluted EPS Excluding Amortization of Intangible Assets of $0.75
6. NxStage(R) and Nordic Medcom Sign Distribution Agreement for the System One(TM)
7. Medco to Advance Cancer Care with Personalized and Specialized Treatment for Oncology Patients
8. Medco to Present at Upcoming Investor Conferences
9. Medco Partners with AmeriCares to Rush Donated Medicines to Help Victims of the Haiti Earthquake
10. Medco Reforming Healthcare with Smarter Medicine; Wired, Transformational Pharmacy Model Advances Clinical Quality and Lowers Cost
11. Medco, State of Illinois and Community Retail Pharmacies Launch Wired Collaborative Solution to Close Critical Medication-Related Gaps in Healthcare, Improving Outcomes and Lowering Costs
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/23/2017)... 2017  Digital Pharmacist Inc. ( ... growing digital health company, announced today that it ... patients to manage their prescriptions. Over three hundred ... Health Pharmacy, USave Pharmacy and Owen,s Healthcare use ... accelerate its product development schedule, the company now ...
(Date:3/23/2017)... March 23, 2017  Ethicon* today announced the ... a privately held medical device company that manufactures ... the surgical treatment of Gastroesophageal Reflux Disease (GERD). ... expanding its portfolio of minimally invasive options for ... Financial terms of the transaction have not been ...
(Date:3/23/2017)... YORK , March 23, 2017 ... sample preparation market is expected to reach USD 7.2 billion ... of 7.1%. Sample preparation is a procedure in which a ... crucial step in most analytical procedures since the methods are ... preparation is one of the most shared procedures in the ...
Breaking Medicine Technology:
(Date:3/23/2017)... ... March 23, 2017 , ... Hakim Unique Group ... technology company California Healthcom Group (CHG). , The HUG investment is a ... headquarters in California, CHG is a growing, internationally recognized healthcare management, technology, and ...
(Date:3/23/2017)... ... March 23, 2017 , ... Michael ... of the greater Fort Collins area, has unveiled a collaboration with nonprofit Big ... program. Donations to this worthy cause may now be made at http://bigbonescaninerescue.com/ ...
(Date:3/23/2017)... (PRWEB) , ... March 23, 2017 , ... ... and workflow solutions, today named The Resource Group as their 2016 Microsoft Dynamics ... partner conference in Newport Beach, CA. The award recognizes The Resource Group ...
(Date:3/23/2017)... , ... March 23, 2017 , ... Sharon Kleyne, host ... Climate Change and Your Health on VoiceAmerica, recently talked on her program about how ... used the occasion to remind listeners of an important distinction. World Water Day, Kleyne ...
(Date:3/23/2017)... (PRWEB) , ... March 23, 2017 , ... It’s that ... means many students are thinking about summer internships , which can be frustrating ... , The pros at Garden Media Group, a boutique public relations firm outside of ...
Breaking Medicine News(10 mins):