NEWTON, Mass.--(BUSINESS WIRE)--Today McKesson Health Solutions announced that eight health plans representing over 8.5 million lives began using new releases of McKesson Provider Manager™ and Contract Manager™ in 2014. These solutions are part of the Network Management suite that helps plans efficiently implement and scale provider networks and associated reimbursement models.
“Payers are under unprecedented pressure to bring new networks to market quickly to attract and retain members,” says Carolyn Wukitch, SVP and GM of Network and Financial Management at McKesson Health Solutions. “Our solutions provide the agility and process efficiency needed to rapidly develop new network models, contract for new care delivery and payment models, and price more complex reimbursement arrangements. Through automation, we can help reduce the time it takes to bring a new network or reimbursement models to market from years to just a few months, without adding headcount.”
Developed in partnership with over 30 leading health plans, McKesson’s Network Management solution suite helps payers nimbly create customized networks to appeal to today’s healthcare consumer while facilitating better collaboration with providers. The suite helps payers transform network management to a strategic asset in a post-reform value based healthcare world.
The McKesson Network Management solution suite includes:
- McKesson Contract Manager, a flexible contracting solution that helps health plans minimize the financial risk of new care delivery and reimbursement strategies, expedite the contracting process, and reduce administration costs. It creates a single, electronic repository of contract information coupled with workflow tools for automating and streamlining the entire contract management lifecycle.
- McKesson Provider Manager, an agile, scalable solution that centralizes complex provider information helps users manage relationships from a single source of truth for provider data. As part of the McKesson Network Management product suite, Provider Manager helps simplify design, management, and servicing of provider networks and value-based reimbursement.
- McKesson Reimbursement Manager™, an advanced claims pricer that helps plans create, centralize, and optimize complex reimbursement strategies. It helps identify the correct provider reimbursement rate based on the unique combination of member, product, provider, service, and client-specific attributes. And it supports flexible policy design, allowing for complex mixes of reimbursement models and customized fee schedules.
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About McKesson Corporation
McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit www.mckesson.com.