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PQA and CECity Launch Joint Venture to Deliver First National Pharmacy Quality Measurement, Benchmarking and Reporting Platform for Pharmacies and Health Plans
Date:3/20/2013

SPRINGFIELD, Va., March 20, 2013 /PRNewswire/ -- The Pharmacy Quality Alliance (PQA) and CECity.com, Inc. (CECity) today announced the launch of Pharmacy Quality Solutions, Inc. (PQS), a joint venture created to deliver EQuIPP™ (Electronic Quality Improvement Platform for Plans and Pharmacies), the first national pharmacy quality measurement, benchmarking, and reporting platform for pharmacies and health plans. EQuIPP™ measures the quality of patient medication use, including non-adherence, and makes this measurement available and understandable. EQuIPP™ enables pharmacies and health plans to focus on improving the quality and safety of patient care delivered.

The Centers for Medicare & Medicaid Services (CMS) brought attention to the quality of medication use through the Medicare Part D Star Ratings program which assesses plan performance against PQA measures. The role of appropriate medication use in a high-value healthcare system was reinforced by  a recent report from the Congressional Budget Office that indicated  a 1% increase in prescriptions filled by Medicare  beneficiaries would save Medicare roughly one-fifth of 1 percent in expenditures, or approximately $1.1 Billion annually.

The formation of PQS aligns PQA's expertise and neutrality in measuring pharmacy performance with CECity's award winning cloud platform for performance measurement and Big Data analytics. PQS provides pharmacies and health plans with a single trusted source for continuous performance measurement of PQA measures, including those used in Medicare Part D Stars, using dashboards to compare their performance with their peers in near real-time.

"Measuring performance is powerful in transforming the quality of the medication-use system, but only if pharmacies and health plans have access to standard dashboards that objectively reflect how they compare against meaningful quality measures,"
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