Using EHR Formulary Data to Provide Alternatives, Improve/Elevate Care, and Increase Patient Satisfaction
Better prescription choices result in savings for both payers and patients. Formulary data in the electronic health record (EHR) offers a frontline strategy for helping providers make prescription choices that yield savings while improving patient care, increasing patient satisfaction, and elevating payer star ratings.
Improvements to Formulary Data on the Horizon
Exciting changes are coming to NCPDP's Formulary and Benefit Standard (F&B), and we are reviewing the changes here. This update to the existing standard responds to market events like indication-based formulary designs, clearer formulary statuses and price transparency. The new standard incorporates feedback by payers and EHRs (electronic healthcare record vendors) from their use of the current standard named by CMS in 2012.
