ProxsysRx,Inc. is a healthcare solutions company that vertically integrates outpatient pharmacy into the continuum of care for health systems and their affiliated contracting agents. ProxsysRx finances and operates local outpatient pharmacy operations, providing health care systems with long-term cost savings by reducing readmissions, improving HCAHPS scores, and improving other key health system strategic indicators that impact reimbursements and margins and accelerate Meaningful Use compliance.
Key Benefits for Hospitals and Medical Centers :
Bedside Rx delivery
Reduced Readmissions
Decreased employee medical expense
Improved patient satisfaction scores
Enhanced 340 B savings
While 10 percent of healthcare costs are spent on prescriptions drugs, their ability to control the health status of patients and the cost of care is enormous. Emerging healthcare compensation initiatives (e.g. Shared Savings, Gain Sharing, etc.) are rapidly replacing traditional fee-for-service models. Hospitals and health systems are one of several categories that will be held accountable for the quality, cost, and care for specific groups of patients.
An integrated outpatient pharmacy initiative can be a key contributor to guaranteeing health systems success by ensuring appropriateness of medication use, reducing medication-related adverse events, preventing hospital readmissions, helping patients manage chronic conditions and much more.
Key Benefits for Hospitals and Medical Centers :
Bedside Rx delivery
Reduced Readmissions
Decreased employee medical expense
Improved patient satisfaction scores
Enhanced 340 B savings
While 10 percent of healthcare costs are spent on prescriptions drugs, their ability to control the health status of patients and the cost of care is enormous. Emerging healthcare compensation initiatives (e.g. Shared Savings, Gain Sharing, etc.) are rapidly replacing traditional fee-for-service models. Hospitals and health systems are one of several categories that will be held accountable for the quality, cost, and care for specific groups of patients.
An integrated outpatient pharmacy initiative can be a key contributor to guaranteeing health systems success by ensuring appropriateness of medication use, reducing medication-related adverse events, preventing hospital readmissions, helping patients manage chronic conditions and much more.
Location: United States, Alabama, Birmingham
Employees: 51-200
Founded date: 2013
Investors 1
| Date | Name | Website |
| - | Fulcrum | fulcrumep.... |
Mentions in press and media 2
| Date | Title | Description |
| 19.03.2021 | ProxsysRX and Talon collaborate to offer outpatient follow-up solution | ProxsysRX and Talon collaborate to offer outpatient follow-up solution ProxsysRx is forming a strategic partnership with Talon Health Data Solutions to reduce unnecessary hospital readmissions and improve patient satisfaction scores (HCAHPS... |
| 15.12.2020 | ProxsysRx Receives Equity Investment | ProxsysRx, a Birmingham, Ala.-based healthcare solutions company, received a growth equity investment from Atlanta-based Fulcrum Equity Partners with participation from members of the management team. The amount of the deal was not disclose... |