EnvisionRx has been awarded the Utilization Review Accreditation Commission (URAC) accreditations for PBM and Drug Therapy Management

Quote

"By receiving URAC accreditation, EnvisionRx has demonstrated a commitment to quality health care," said URAC President and CEO Kylanne Green.

"Quality health care is crucial to our nation's welfare, and it is important to have organizations that are willing to measure themselves against national standards and undergo rigorous evaluation by an independent accrediting body."

Accredited

Pharmacy Benefit Management Expires 07/01/2020

Accredited

Drug Therapy Management Expires 07/01/2018

About URAC

For 25 years, URAC has been the independent leader in promoting health care quality through accreditation, education, and measurement. URAC offers a wide range of quality benchmarking programs that reflect the latest changes in health care and provide a symbol of excellence for organizations to showcase their validated commitment to quality and accountability. URAC's evidence-based measures and standards are developed through inclusive engagement with a broad range of stakeholders committed to improving the quality of health care.

URAC's accreditation is nationally recognized by state and federal regulators to ensure the highest level of quality is delivered to consumers. URAC accreditation and its programs and standards appear in state legislation, state regulation, and federal regulation. URAC has deemed status in state and federal certification programs and is authorized by HHS as an accreditor for Qualified Health Plans in the Health Insurance Marketplace. Formally incorporated in 1990, URAC now has more than 30 accreditation programs.

URAC is an independent, non-profit health care accrediting organization dedicated to promoting health care quality through accreditation, education, and measurement. Founded in 1990, URAC currently offers more than 30 accreditation programs across the continuum of health care services.

URAC is governed as an independent third-party, and it functions as an independent third-party. URAC is organization independent of any particular stakeholder group. The URAC governing board of directors has representatives from all affected constituencies: consumers, providers, employers, regulators, and managed care industry experts.

URAC's mission is to promote continuous improvement in the quality and efficiency of health care management through processes of accreditation, education, and measurement.

The URAC Accreditation Process

The URAC accreditation process demonstrates a commitment to quality services and serves as a framework to improve business processes through benchmarking organizations against nationally recognized standards. URAC accreditation requires applicants to submit policies, procedures, and other organizational information that is followed by a review. Once an application is received by URAC, a primary reviewer is assigned and coordinates all aspects of the review until a decision on accreditation has been determined.

URAC's education resources enable learning and compliance with nationally recognized health care standards and supports improvements and innovation in health care management and delivery. URAC offers educational content that includes workshops, newsletters, issue briefs, videos, white papers, and webinars. URAC has a sophisticated, proprietary e-learning education and training platform available on demand through a cloud-based website.

What is URAC's PBM Accreditation?

URAC's PBM Accreditation standards cover the organization's contract terms and pricing structures; ensure access to drugs and pharmacies; provide for drug utilization management, formulary management, patient safety and customer service; and create a process for PBM outcomes measurement and quality improvement. It is a critical seal of approval for employers, consumers, regulators, and providers.

The program offers unmatched prestige for an organization, whether it is a PBM or health plan. It delivers the first-ever national standards, key benchmarks in service quality, and continuous quality improvement-oriented processes that enhance operations and compliance.

What is Drug Therapy Management?

Drug therapy management (DTM) is an expanding, complex, and necessary function in the health care system. DTM is a distinct service or group of services that optimize drug therapy to improve therapeutic outcomes for individual patients. It includes a range of professional activities, such as performing patient assessment and a comprehensive medication review, formulating a medication treatment plan, monitoring efficacy and safety of medication therapy, enhancing medication adherence through patient empowerment and education, and documenting and communicating DTM services to prescribers to maintain comprehensive patient care.

What is URAC's DTM Accreditation?

URAC's DTM Accreditation standards cover the essential parts of a DTM business, including driving appropriate therapeutic outcomes for consumers and reducing adverse events; promoting rational, clinically appropriate, safe, and cost-effective DTM through evidence-based medicine; encouraging communication about medication use; supporting population specification, consumer identification, and recruitment; and creating a process for DTM outcomes measurement and quality improvement.

URAC accreditation brings the pharmacy management industry a commitment to quality, broad-based governance, and inclusive standards development. Employers, consumers, regulators, and health plans can rely on URAC for identification of the gold standard in DTM.