IRVING, Texas--(BUSINESS WIRE)--Headline of release dated March 20, 2018 should read: Acentrus Specialty Contracts with MetaStar to Provide URAC Accreditation Validation Audit Services to Clients (instead of Acentrus Specialty Contracts with MetaStar to Provide URAC Accreditation to Clients). In body, "data validator" should be "data validation vendor."
The corrected release reads:
ACENTRUS SPECIALTY CONTRACTS WITH METASTAR TO PROVIDE URAC ACCREDITATION VALIDATION AUDIT SERVICES TO CLIENTS
Acentrus Specialty™, an Integrated Care Network and health system solution for specialty pharmacy, has signed a new agreement with MetaStar to provide URAC Validation Audit Services to all Acentrus Specialty clients.
“The Acentrus Specialty agreement with MetaStar provides health system and hospital clients access to a URAC approved data validation vendor for specialty pharmacies,” said George Zula, Vice President, Acentrus Specialty. “As part of URAC’s requirements for accreditation, these organizations must report validated quality measures, which is vital for our clients to gain access to payors and limited drug distribution networks.”
MetaStar is an approved data validation vendor for URAC-accredited pharmacy organizations and health plans, including pharmacy benefit management (PBMs), mail service pharmacies, specialty pharmacies, community pharmacies and drug therapy management programs. As part of URAC’s requirements for accreditation, these organizations must report validated quality measures and the reporting processes must be audited. The URAC Accreditation Validation Audit is intended to ensure comparability across organizations and improve the reliability of data. Acentrus secured favorable terms, conditions and pricing for active clients that would use this third party to validate their URAC accreditation.
URAC is an independent, nonprofit accreditation entity, based in Washington, DC, whose mission it is to advance healthcare quality through leadership, accreditation, measurement and innovation. URAC standards promote industry best practices, encourage quality improvement, and protects and empowers patients. URAC was founded in 1990 as in independent, third-party healthcare quality validator.
About Acentrus Specialty
Acentrus Specialty is the Integrated Care Network and health system solution for specialty pharmacy, addressing the largest and fastest growing area of health care expenditures by empowering members to deliver exceptional, cost-effective, local integrated care. This is accomplished through a comprehensive, coordinated portfolio of services and specialty pharmacy products, as well as member sharing of clinical and operational best practices. For more information, visit www.acentrusrx.com.