‘Least cost’ technology scans multiple prices and programs to maximize savings for community health organizations and patients
BENSALEM, Pa.--(BUSINESS WIRE)-- SUNRx today announced the release of a first-of-its-kind technology that scans multiple drug pricing programs to ensure that community health organizations and patients always pay the lowest price for prescription drugs. This ‘least cost’ technology is available to health centers and hospitals that utilize the company’s flagship ‘340B Simplified’ solution to manage drug discount programs.
“The 340B program expands access to affordable medications, but 340B prices are not always the lowest,” said SUNRx CEO Tim Liebmann. “We believe this technology will save patients and providers millions of dollars annually, and revolutionize community healthcare.”
SUNRx’s new technology lowers the cost of medications, without additional steps for the patient or administrative hassles for the health center. When a patient takes a prescription to the pharmacy, SUNRx compares 340B, pharmacy network, retail – including $4 programs where applicable -- and other prices, and processes the prescription using the lowest cost approach. After dispensing fees and other costs are factored in, 340B pricing may be the least expensive less than 50% of the time.
This ‘least cost’ technology is part of SUNRx’s suite of solutions that enable healthcare safety net organizations to implement and manage drug discount programs that save money, generate revenue, and expand access to affordable medications. SUNRx works with community health centers, disproportionate share hospitals, and managed care organizations across the nation.
“Now more than ever, patients need to save money on prescriptions, and community health organizations must maximize resources,” said Liebmann. “SUNRx remains committed to developing innovative technologies and approaches to reduce the cost of prescription drugs, and improve community healthcare.”
SUNRx, LLC. provides automated solutions that enable healthcare safety net organizations to implement and manage drug discount programs and partnerships, save money, generate revenue, and expand access to affordable medications. Based in Bensalem, PA, SUNRx is an independent company, dedicated exclusively to community health organizations and their patients. For more information, please contact SUNRx at 800-220-340B, or visit www.340Bsimplified.com.
Michael Rubin, 202-898-0995
KEYWORDS: United States North America Pennsylvania
INDUSTRY KEYWORDS: Technology Data Management Networks Software Health Hospitals Pharmaceutical General Health