Region: Europe      US   Asia   India   Australia
You are not logged in    Login
IDS Packaging
The Information Resource for the Packaging Industry!
Browse Packaging Products and Suppliers By Category
Browse Packaging Whitepapers By Sector
Browse Packaging Events By Category
Participation Options
Free Listing
Interested in Exhibiting
SubmitEvents
IDS Packaging
Submit News
Packaging Newsletter
News ReleaseClick Here to view News Releases
eDispense(TM) Vaccine Manager to Process Physician Administration Fees for Vaccines Covered Under Medicare Part D
News Source
PR-inside.com
November 28, 2007
Click HereView Participation Packages
Click Here
Add your Listing
   

Dispensing Solutions, Inc. announced today that it has added support to its eDispense(TM) Vaccine Manager for the billing of administration fees associated with vaccines covered under Medicare Part D. This brings Vaccine Manager into compliance with the Tax Relief and Health Care Act of 2006 (TRHCA) revised definition of a Part D vaccine to include its administration going into effect on January 1, 2008. Per the Centers for Medicare and Medicaid (CMS), MLN Matters Number SE0727, "beginning on January 1, 2008, the Part D program will cover vaccine administration costs associated with Part D vaccines. Thus, the coverage available in 2007 under Part B will cease and reimbursement will be available solely under Part D."

Although the Part D benefits have proven to be advantageous for Medicare beneficiaries, they have created some unique reimbursement challenges for physicians who purchase and administer vaccines and other medications to their patients in their offices. Claims for the reimbursement of product costs and now administration fees for these Part D covered medications must be submitted in real time to the Medicare Part D Plans using the NCPDP 5.1 pharmacy claims standard. Most physician practice management systems do not accommodate pharmacy claim billing. Without access to a pharmacy billing system, physicians cannot validate benefit coverage, determine patient out of pocket responsibilities, or electronically submit claims for reimbursement. eDispense(TM) Vaccine Manager provides all this and more. Without a solution like Vaccine Manager, physicians seeking reimbursement for vaccines covered by Part D must collect payment in full from their patient and the patient must then submit a paper claim to their Part D plan. This presents a financial barrier for patients with Part D coverage to receive their medications.

Dispensing Solutions Inc. launched eDispense(TM) Vaccine Manager in August 2007. When physicians enroll to use the web application they also become a member of the Vaccine Manager provider network. The provider network negotiates and enters into agreements with Part D plans for reimbursement to its physician members and facilitates the claims management and payment process to the physicians. "We have been pleased with its adoption rate by providers and third party payers," states Richard Wolpow, Co-founder and Vice Chairman. "Physicians and their staff have provided positive feedback, and have attested to the portal's ease of use. Patients appreciate not having to deal with cumbersome forms and physicians enjoy timely and accurate reimbursement. Payors enjoy only having to have one contract relationship."

Other News
Vetter Pharma-Fertigung at the “Contract Manufacturing in Pharma” Conference
PIAB Announces New Chief Executive Officer
Bosch Packaging Technology PACK EXPO International 2008
Honeywell to Supply Absorbent Film to Chinese Drug Co.
Multisorb`s Launches Freshpax System
Featured Whitepaper
Managing Packaging as a Horizontal Process

How does one describe the value of packaging? Packaging helps to define a product,...

                     Read more

 

Industry IDS, Inc
DVI European Plastics Converters EUROPEN Institute Of Packaging UK
DELEGATES
35509
Conference Sectors  Case Studies  List of Papers  Exhibition Sectors  Vendor Presentation  List of Exhibitors  Industry News  Sponsors  All Exhibitors  All Papers  Sitemap  Registration Links ]

 :: IDS Emergency Management :: IDS Water ::IDS Publishing / Media::IDS Healthcare Management::IDS Environment::IDS Plastics::IDS Power/Energy:: 

Industry IDS, Inc. – Online Tradeshow, Exhibition, & Buyers Guide Solutions