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Group Health Cooperative Implements Zynchros.com to Increase Pharmacy Data Consolidation and Collaboration: Zynchros Technology Streamlines Proces
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SEATTLE (Business Wire EON) November 12, 2007 -- Group Health Cooperative is a healthcare system that directly integrates both care and coverage with a unique approach to clinical quality. Prescriptions written by a Group Health practitioner and filled at Group Health-owned and operated pharmacies create a complete medication profile for the member that delivers an extra level of quality care and patient safety.
But keeping a diverse system in sync -- one that includes in and out-of-network providers, claims administration and pharmacies -- required a new approach. "Zynchros.com offers the ability to centralize formulary information and systematically publish and distribute that information among many different types of users," explains Robert Pinkerton, President and COO of Zynchros, Inc. "This encourages collaboration and ensures a high degree of control and quality."
"We have several formularies to manage, including CMS/Medicare Part D," said Larry Oliver, Associate Director for Information/Applications within the Pharmacy Services at Group Health Cooperative. "Zynchros offers value-added services to help us more efficiently manage our formularies: tracking formulary decisions, responding to CMS changes, easily publishing formularies in a standard format and communicating changes to update our clinical systems. We are planning to reduce the amount of manual labor required, which can be redirected to other important patient care work."
Group Health is accredited by the National Committee for Quality Assurance (NCQA) and currently holds an "Excellent" rating. Recently, the NCQA and U.S. News & World Report ranked Group Health's Medicare plan among the top 15 percent in the country for 2007.
ABOUT GROUP HEALTH COOPERATIVE
Marking its 60th year, Group Health Cooperative is an innovative, consumer-governed, non-profit healthcare system that integrates care and coverage. Along with its subsidiary carriers, Group Health Options, Inc. and KPS Health Plans, Group Health works to improve the health of more than 575,200 plan members in Washington and Idaho.
Nearly 10,000 staff employed by Group Health and Group Health Permanente, its contracted, multi-specialty group practice, provide patient-centered, evidence-based care to members and the broader community through medical and specialty centers, hospitals, a charitable foundation, and a nationally recognized research center.
ABOUT ZYNCHROS, INC.
Founded in 2000, privately-held Zynchros, Inc. (formerly Script IQ, Inc.) delivers technology-based solutions that transform the economics of drug-based wellness, improving compliance and agility of health insurers and pharmacy benefit managers. The Zynchros.com on-demand platform provides the workflow process necessary to initiate effective formulary strategy management, improving responsiveness, control and efficiency by synchronizing all of the participants in pharmacy benefits, from P&T to the point of care. To learn more about how Zynchros is interconnecting the world of pharmacy benefits visit www.zynchros.com or call 1-866-996-2476.
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