San Juan, PR – Abarca is pleased to announce the extended rollout of the RxTarget Quality Network, a specially selected network of quality pharmacy providers dedicated to using information technology to improve health outcomes in their communities.
By partnering with Abarca, network pharmacies can now leverage the RxTarget predictive analytics dashboard to support plan sponsors in improving medication adherence across their member populations. With access to real-time patient targeting, web-based intervention documentation, and daily performance tracking, providers now have the information they need to achieve superior patient interactions and better health outcomes. Payers are able to help providers focus their interventions on those members with the highest potential for impact and to compensate them based on achieving meaningful results. Since payers utilize the same platform to perform and document their own interventions, they are now better able to coordinate their efforts with pharmacies to avoid unnecessary duplication, monitor best practices, provide additional support when necessary, and inform further outreach to prescribers and other caregivers.
“We have been talking about pay for performance and pay for outcomes for a long time, but it has been challenging to build patient intervention models that are efficient, coordinated, fair, and accountable,” remarked Jason Borschow, CEO of Abarca. “The RxTarget Quality Network is really a unique technology-empowered program that aligns the interests of payers and pharmacy providers with the needs of patients. We all know that time and resources are limited, yet healthcare quality improvement is an increasingly important priority.”
“The key is being able to rely on data-driven algorithms to inform those interventions that will maximize the outcome per every resource invested,” added Luis A. Pérez, Senior Vice President.
RxTarget Quality Network was launched in May 2014 and enrollment has been increasing steadily. During the coming weeks, Abarca will be providing specialized adherence intervention training to over 50 new RxTarget Quality Partners, with the next major onboarding event taking place at the Annual Convention of the Asociación de Farmacias de Comunidad de Puerto Rico (AFCPR) on July 18 and 19 at the Ritz-Carlton Hotel in Isla Verde, Puerto Rico. The rollout follows the successful launch of the RxTarget predictive analytics dashboard for payers in late 2013. Payers and pharmacies interested in partnering through the network can visit Abarca’s booth or register via www.abarcahealth.com/pharmacyregistration or [email protected].
RxTarget offers plan sponsors a web-based patient targeting and intervention management platform that helps them maximize outcomes per resource invested. It incorporates Abarca’s proprietary clinical decision-making algorithms to build tailored workflows of priority-ranked beneficiaries and prescribers, updated daily. RxTarget also integrates additional clinically relevant information to support a more informed intervention. Medicare Part D Plans leverage RxTarget to focus their clinical outreach efforts and limited resources on those beneficiaries and prescribers of the highest value in meeting CMS Star Rating Adherence and High-Risk Medication (HRM) avoidance targets. Currently, there are over 145,000 Medicare Part D members benefiting from access to RxTarget.