NCPDP Foundation Awards $150,000 Grant to RxLive to Automate Tracking of Physician Adoption of Pharmacists Clinical Recommendations
Summary
RxLive will use the following NCPDP standards to automate the collection of provider actions following a pharmacists consultation: • NCPDP Specialized Standard, developed for transmitting information electronically between prescribers, providers, payers, pharmacies and other entities for medication therapy management, census events, central fill functions and other transactions. RxLive will work with its partners to adopt and implement the NCPDP Structured and Codified Sig Format Version 2.2 to reduce medication errors and communicate the value to all public HIEs and QHINs. RxLive will introduce a natural language processing (NLP) interface to ease adoption of the Sig Format. Risk-bearing provider organizations and payers will benefit from reduced utilization of high-cost sites of care such as hospitals and emergency departments. There is also potential for the framework to be used to demonstrate and document progress and performance measures for pharmacists participation in value-based arrangements.