Allscripts launches Prescription Price Transparency initiative Strengthened by strategic partnerships, company aims to deliver real-time information on prescription affordability | Markets Insider

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Allscripts Real-Time Health System (RTHS) is launching a journey toward next-level patient care. The conceptual initiative aims to work with partner companies to enable technology that will deliver real-time information on:

  • The medication price from the health plan or pharmacy benefit manager (PBM)
  • The cash price
  • What alternative therapies and their cost
  • Competitive prices at different pharmacies

With multiple Payer/PBM and technology partners, Allscripts will focus on automatically embedding real-time prescription pricing information into the prescribing workflow, enabling healthcare providers to see what patients will pay for their medication at the point of care. Providers can then choose to communicate various savings methods and discounts based on their patients’ needs, increasing consumer knowledge and satisfaction, and improving the likelihood of medication adherence.

“This initiative ensures that physicians and their patients will have full knowledge of the price of medications and discounts available to them,” said Allscripts Senior Vice President and General Manager of Payer and Life Sciences, Jay Bhattacharyya. “Our recent partnerships with DrFirst, GoodRx and Surescripts give our providers coverage for nearly 100% of their patients and puts Allscripts at the forefront of delivering real-time benefit and price information, directly at the point of care.”

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Allscripts launches Prescription Price Transparency initiative Strengthened by strategic partnerships, company aims to deliver real-time information on prescription affordability | Markets Insider.