DestinationRx, Inc. Announces PDOAP Application of Medicare.gov Wins the 2005 Pioneer Award.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- DestinationRx, Inc. (DestinationRx) announced today that the Prescription Drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, and Other Assistance Programs (PDOAP PDOAP Prescription Drug and Other Assistance Programs (Medicare) ) component at www.medicare.gov is the recipient of the 2005 Pioneer Award chosen by E-Gov's Government Solutions Center (GSC GSC gas-solid chromatography. ). Winners were selected for their significant impact on how Government conducts business in the Information Age. In recognition, CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. will be demonstrating the online tool that allows users to compare and select Medicare approved prescription drug card plans during the Web-Enabled Government Exhibition on June 2 at the Ronald Reagan Building The Ronald Reagan Building and International Trade Center in Washington, DC. The 2005 E-Gov Pioneer Award was granted to only 14 government agencies out of nearly 200 nominations from federal, state, and local government organizations, as well as international submissions. Selection criteria for the award included systems that: "increased productivity, saved limited public resources, and improved the quality, timeliness, and accuracy of citizen services." DestinationRx built, deployed and hosted the Price Comparison component of the PDOAP application to help Medicare beneficiaries select a Medicare approved drug In the United States, the FDA approves drugs. Before a drug can be prescribed, it must undergo an extensive FDA approval process. This process involves first testing the drug on animals or in medical labs. discount card as an interim step before the Medicare prescription drug benefit begins January 1, 2006. DestinationRx licensed its technology to the Centers for Medicare & Medicaid Services (CMS) and developed the presentation of the beneficiary choices tool in conjunction with CMS. DestinationRx Executive Vice President, Jim Yocum said that before the online system was operational, "CMS was in urgent need for an application that could carry out the Medicare Modernization Act's requirement that beneficiaries would be able to compare discount card programs by out-of-pocket costs out-of-pocket costs Managed care Health care costs that a covered person must pay out of pocket–eg, coinsurance, deductibles, etc. See Copayment. . DestinationRx, having developed its Price Comparison software for its consumer and commercial businesses, was able to provide this capability and to provide it within an extremely short delivery window. Furthermore, CMS wanted this capability to be applied down to the individual pharmacy storefront. This has never been done before; it is equivalent to providing to consumers the price of every single product in every single supermarket, grocery, and convenience store and updating that information every week." In addition to delivering the price transparency Price Transparency The accessibility of information on the order flow for a particular stock, allowing knowledge of the quantities of stock being offered and the bids at the various price levels. Also referred to as "market depth. that made the comparisons possible, DestinationRx also licensed and operates the Online Enrollment Center for CMS, greatly improving the efficiency of the comparison and enrollment of low-income and other Medicare beneficiaries in the most appropriate Drug Card. DestinationRx is a software and services firm focused on the pharmacy sector that specializes in designing, developing, and implementing solutions for government and commercial clients. DestinationRx is also a leading consumer resource, providing education, price comparisons, and purchasing options for a variety of prescription drug and other health care transactions. Additional details about the company can be obtained on the Internet at http://www.destinationrx.com. |
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