Pathmark Stores Selects NDCHealth for Exclusive Network Transaction Processing Solutions
16 Mai 2005 - 5:28PM
PR Newswire (US)
Pathmark Stores Selects NDCHealth for Exclusive Network Transaction
Processing Solutions ATLANTA, May 16 /PRNewswire-FirstCall/ --
NDCHealth Corporation (NYSE:NDC), a leading provider of healthcare
technology and information solutions, today announced Pathmark
Stores, Inc., has selected the NDCHealth Intelligent Network to
process electronic pharmacy claims, as well as the company's
pharmacy claims editing solution, NDC Pre & Post Editing
Services to optimize claim reimbursements and improve workflow
efficiencies. Under terms of the contract, NDCHealth will be the
exclusive provider of claims processing services and pre- and
post-editing services (PPE) to Pathmark stores that have
pharmacies, totaling 129 locations in the Northeast region of the
United States. "We identified NDCHealth as being able to provide us
access to network- based solutions to help improve our
effectiveness in processing claims," said Bob Candelora, senior
vice president, nonfoods & pharmacy merchandising, Pathmark
Stores, Inc. "These services offer an efficient way to achieve
optimal reimbursement on each claim, as well as provide market
insight that can lead to other profit improvement opportunities."
"This agreement exemplifies the continued market growth we're
experiencing in our value-adding network solutions," said Walter
Hoff, chairman and chief executive officer, NDCHealth. "We look
forward to partnering with Pathmark as we work to provide bottom
line value to their business operations." NDCHealth's
market-leading PPE services perform financial and administrative
review on each claim before and after submission to payers,
including: - checking for current and appropriate reimbursement
pricing - identifying generic drug dispensing opportunity and -
validating prescribers and coding compliance About the NDCHealth
Intelligent Network The NDCHealth Intelligent Network is one of
North America's largest and most reliable electronic healthcare
transaction networks. It processes more than 5.0 billion healthcare
transactions annually, and more than 45% of all electronic
healthcare claims in the United States. About NDCHealth NDCHealth
is a leading information solutions company serving all sectors of
healthcare. Its network solutions have long been among the nation's
leading, automating the exchange of information among pharmacies,
payers, hospitals and physicians. Its systems and information
management solutions help improve operational efficiencies and
business decision making for providers, retail pharmacy and
pharmaceutical manufacturers. Headquartered at Atlanta, Ga.,
NDCHealth provides information vital to the delivery of healthcare
every day. For more information, visit http://www.ndchealth.com/ .
NDCHealth and NDC are trademarks of NDCHealth Corporation. All
other company and product names mentioned may be trademarks of the
company. DATASOURCE: NDCHealth Corporation CONTACT: Robin Wrinn,
Director, Public & Media Relations of NDCHealth Corporation,
+1-404-728-2214, or Web site: http://www.ndchealth.com/
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