Express Scripts Selects Quovadx Professional Services to Assist in Bringing Member Information Together.Business Editors/Health/Medical Writers ENGLEWOOD, Colo.--(BUSINESS WIRE)--March 17, 2003 Quovadx to Streamline Data Through Master Person Index, Establish Unique Enterprise Identifiers for Express Scripts' Members Quovadx, Inc. (Nasdaq:QVDX), a leading provider of software and services enabling Competitive Process Advantage, today announced Express Scripts Inc., one of the largest 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. companies in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. serving more than 50 million members, has selected QUOVADX(TM) professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. to bring disparate member information together, improving the effectiveness of the eligibility process. Quovadx professionals in cooperation with Express Scripts will integrate multiple systems with the ALIGNDEX(R) software, an enterprise-wide master person index (EMPI) product of Madison Information Technologies, Inc., distributed by Quovadx. As part of the implementation, Quovadx and Express Scripts will create the framework needed to ensure a unique identifier With reference to a given (possibly implicit) set of objects, a unique identifier is any identifier which is guaranteed to be unique among all identifiers used for those objects and for a specific purpose. is created for each member. The newly created framework will gather information from multiple lines of business, enabling direct access to each member's eligibility. Quovadx and Express Scripts will develop custom queries to be utilized in conjunction with existing Express Scripts applications. Systems will be integrated to ensure the most appropriate member is identified as part of certain transactions flowing through the organization. "EMPI solutions offer value to our customers by making interactions with their customers more efficient, thus reducing administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. ," said Mike Epplen, Vice President of Product Management at Quovadx. "While they facilitate enhanced customer service, EMPIs also provide powerful technology for linking member information together across disparate systems. The correct identification and linkage of member information is a critical component of any enterprise project within an organization." About Express Scripts Inc. One of the largest pharmacy benefit management (PBM PBM - play by mail. See play by electronic mail. ) companies in North America, Express Scripts, Inc. (Nasdaq:ESRX) makes the use of prescription drugs 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, safer and much more affordable. Express Scripts provides integrated PBM services, including network pharmacy claims processing, mail pharmacy services, benefit design consultation, drug utilization review drug utilization review Health insurance A study of drug prescriptions to evaluate appropriateness and cost-effectiveness of drug therapy , 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. management, disease management, medical and drug data analysis services, medical information management services and informed decision counseling services. The company also provides distribution services for specialty pharmaceuticals through its Specialty Distribution subsidiary and sampling services through its Phoenix Marketing Group subsidiary. Express Scripts is headquartered in St. Louis, Missouri. More information can be found at http://www.express-scripts.com, which includes expanded investor information and resources. About Quovadx, Inc. Quovadx is a trusted provider of software and services enabling Competitive Process Advantage. The company provides end-to-end business infrastructure software and services, including consulting, transaction hosting and operations management Operations management is an area of business that is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. for business-critical applications. QUOVADX technology helps more than 3,000 healthcare, media and entertainment and other organizations streamline business processes, solve difficult process integration challenges and unlock the value of legacy system investments to achieve rapid return on investments. Headquartered in Englewood, Colorado Englewood is a city in Arapahoe County, Colorado, USA. As of 2005, the city is estimated to have a total population of 32,350.[5] It is part of the Denver-Aurora Metropolitan Area. , Quovadx operates internationally with locations in nine major U.S. metropolitan cities and one in London. For more information, please visit http://www.quovadx.com. QUOVADX is a trademark of Quovadx, Inc. ALIGNDEX is a registered trademark of Madison Information Technologies, Inc. All other company and product names mentioned may be trademarks of the companies with which they are associated. |
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