Abaton.com Forms Partnership for Web-Based Clinical Connectivity Designed to Improve Prescribing Process for Consumers, Physicians and Pharmacists.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--Feb. 10, 2000 New Online Prescribing Initiative Helps Reduce Potential Drug Interactions and Expedite the Processing of Prescription Requests for Consumers Abaton.com, a business unit of McKesson HBOC HBOC HBO & Co of Georgia HBOC Hereditary Breast and Ovarian Cancer HBOC Hemoglobin-Based Oxygen Carrier HBOC Hawke's Bay Orienteering Club (New Zealand) HBOC Hunter Bird Observers Club HBOC Horse Breeders and Owners Conference , Inc., (NYSE NYSE See: New York Stock Exchange :MCK MCK McKinsey & Company (consulting firm) MCK Mohawk Council of Kahnawake (Quebec) MCK Mon Colle Knights (children's TV show) MCK Mirror Classes Kit MCK Maintenance Check ) announced today that it has signed a partnership agreement with Advance Paradigm, Inc. The two organizations will launch a pilot program of Abaton's ClinRx.com Web-based prescribing system with a California-based health plan whose drug benefit plan is managed by Advance Paradigm, Inc. Advance Paradigm is a leading health improvement company serving health benefit plan sponsors representing 27 million American lives. Under the agreement, physicians will be able to access Advance Paradigm's formulary formulary /for·mu·lary/ (for´mu-lar?e) a collection of recipes, formulas, and prescriptions. National Formulary see under N. for·mu·lar·y n. guidelines and review a patient's profile for potentially harmful drug interactions and allergies when prescribing drugs. By integrating the physician's drug therapy selection process with Advance Paradigm's comprehensive pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. (PBM PBM - play by mail. See play by electronic mail. ) services, consumers will be assured of more appropriate prescribing, while the confidentiality of their health information is protected. &uot;Our partnership with Advance Paradigm will benefit the entire prescribing process affecting physicians, payors, pharmacists and consumers,&uot; said Nancy Brown, senior vice president of Abaton. &uot;By using our ClinRx web-based prescribing system, physicians will be able to access the list of drugs preferred by each health plan before writing a prescription. This will help improve physician compliance with clinical guidelines, reducing health benefit payor costs and lowering the risk of potentially adverse drug reactions adverse drug reaction, n a detrimental outcome from a drug. Two types of ADRs exist: Type 1 results from dosage mismatch and Type 2 from rare conditions often as a consequence of a small dose. See also risk or sensitive type. . &uot;This real-time approach to prescribing will also give consumers enhanced quality, safety, and convenience,&uot; she said. &uot;For instance, consumers will no longer have to worry about arriving at their drug store with a prescription and learning that their medication is not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. by their insurance plan.&uot; About Abaton.com Abaton.com, headquartered in Minneapolis and recently acquired by McKesson HBOC, Inc., develops web-based healthcare solutions that help clinicians provide better care through improved information flow. The only clinical web vendor with a full suite of easy-to-use, web-based tools, Abaton dramatically streamlines clinical workflow, saving providers time and money. Abaton's clinical suite supports all the clinical processes of ambulatory clinics: lab order entry and results reporting, electronic prescribing within formulary guidelines, task management and medical record documentation. Led by a team of leading healthcare technologists and clinicians, Abaton has a deep understanding of the clinician's perspective and is committed to providing flexible, secure solutions. McKesson HBOC, Inc., a Fortune 60 Corporation, is the world's largest supply management and healthcare information technology company. McKessonHBOC provides supply management and information technologies across the entire continuum of healthcare, including market-leading businesses in pharmaceutical and medical-surgical distribution, automation, information technology and outsourcing services for healthcare providers and payers. Except for the historical information contained herein, the matters discussed in this press release may constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 and involve risks and uncertainties that could cause actual results to differ materially from those projected. These statements may be identified by their use of forward-looking terminology such as &uot;believes,&uot; &uot;expects,&uot; &uot;&uot;may,&uot; &uot;should,&uot; &uot;intends,&uot; &uot;plans,&uot; &uot;estimates,&uot; &uot;anticipates&uot; and similar words. Risks and uncertainties include: the resolution or outcome of pending litigation and government investigations relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's previously announced financial restatement Restatement A revision in a company's earlier financial statements. Notes: The need for restating financial figures can result from fraud, misrepresentation, or a simple clerical error. ; the Company's ability to recognize revenues in subsequent periods that had initially been improperly recorded in prior periods; the Company's ability to successfully integrate and operate acquired businesses and the risks associated with such businesses, including the merger that created McKessonHBOC; the changing U.S. healthcare U.S. Healthcare is a now-defunct healthcare company. The logo had an apple. The merger with Aetna In 1996, the company merged with Aetna, calling it Aetna U.S. Healthcare. The U.S. Healthcare apple logo was next to the Aetna name, and U.S. Healthcare under it. U.S. environment, including potential changes in private and governmental reimbursement for healthcare services, the method by which such services are delivered, legislation or regulations governing such services or mandated benefits mandated benefit Managed care A benefit that a health plan is required by law to provide Examples In vitro fertilization, defined days of inpatient mental health or substance abuse treatment, special-condition treatments. See Benefit, ERISA. , or changes in manufacturers' pricing or distribution policies; substantial defaults in payment or a material reduction in purchases of our products by large customers; the ability of the Company's Healthcare Information Technology business to retain existing customers and to attract new customers in light of rapid technological advances, slowing of demand for software products because of Year 2000 concerns and challenges in integrating the Company's software products; the effect of the events relating to, or arising out of, the Company's restatement of financial results on the Company's ability to manage its businesses and to attract and retain employees and management; the Company's ability and the ability of the Company's vendors and customers to complete the necessary actions to achieve a Year 2000 conversion for computer systems and applications; and other factors discussed from time to time in reports filed by McKesson HBOC, Inc. with the Securities and Exchange Commission. The company assumes no obligation to update information contained in this release. Note to Editors: McKessonHBOC news releases are available at no charge through McKessonHBOC's NewsOnDemand fax service. To immediately receive an index of available releases, call 800/344-6495 and press 2. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion