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"We deliver on the promise of "the right drug, for the right patient, at the right time, for the right price" so you can deliver the best patient care while reducing costs, improving efficiency, and more easily meeting compliance demands."

Phil Keough, President & CEO

 
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The Right Prescription: Millennium Pharmacy Launches New Products to Foster Care, Cost and Compliance

CHICAGO, APRIL 6, 2010 - Millennium Pharmacy Systems, a leading provider of pharmacy services to the long-term care industry, today announced four new product offerings designed to go beyond the basics of what pharmacy services traditionally provide and prepare clients for the changing environment of long-term care: Medicare Part D Management Services, Millennium Pricing Module, Therapeutic Interchange Software and the Care, Cost & Compliance Dashboard Suite.

Long-term care facilities are facing new challenges this year with changes to the MDS, proposed reimbursement reductions and additional reimbursement audits, not to mention the changing landscape of our health care system.

In this ever-changing environment, the right pharmacy service partner will play a significant role in reducing unnecessary prescription expenses, improving visibility of clinical care provided to the patient and providing solutions to reduce compliance burdens.

Millennium’s newly added services provide another opportunity for customers to further improve clinical and financial outcomes while enhancing staff productivity and satisfaction. Using these services, long-term care organizations can efficiently and effectively manage health care while achieving the best possible outcomes for their residents and staff.

Medicare Part D Management Services

Medicare Part D Management Services utilizes a team of skilled reimbursement specialists to coordinate the collection and processing of all prescription drug plan information ensuring compliance with plan requirements and the elimination of unnecessary expense to facilities and their residents. Millennium’s customers can focus their time and resources on delivering resident care instead of processing cumbersome paperwork to ensure prescription drug plan formulary compliance.

Millennium Pricing Module

The web based Millennium Pricing Module provides instant quotes for estimating prescription drug costs over an estimated length of stay both prior to and after admission. This allows customers to make quick financial and clinical decisions gaining a competitive advantage with prompt responses to referral sources.

Therapeutic Interchange Software

Millennium has developed therapeutic interchange software to electronically support long-term care centers in their efforts to optimize clinical outcomes and provide quality, cost-effective patient care. The Millennium software that ensures nurses, physicians and pharmacists maintain seamless compliance with the facility-designated therapeutic initiatives. Administration can easily measure compliance and view clinical and financial system benefits.

Care, Cost & Compliance Dashboard Suite

The Millennium Dashboard Suite provides long-term care administrators and nursing directors with real time data improving the daily management of clinical, compliance and expense initiatives The Dashboard Suite provides immediate visibility into key business metrics that organization for years have attempted to manage through retrospective monthly billing statements and clinical event reports. With the dashboard suite, Millennium customers now manage pharmacy expense and clinical practice daily facilitating the organizations ability to achieve expected financial and clinical outcomes.

“We’re pleased to be able to offer these new services to our loyal customer base,” said Richard Scardina, CEO, Millennium Pharmacy Systems. “Each of these offerings further enables Millennium to replace frustration, inefficiency, and waste with our cornerstones of enhancing care, cost and compliance for facilities in the long-term care industry.”

Millennium delivers on the promise of ‘the right drug, for the right patient, at the right time, for the right price’ so its customers can deliver the best patient care while reducing costs, and more easily meeting compliance demands. Only Millennium combines Just-In-Time dispensing with electronic medication and treatment ordering, administration, documentation, and reporting. Millennium backs up this commitment with delivery timeliness and medication accuracy customer guarantees.

About Millennium Pharmacy Systems

Millennium Pharmacy Systems is a pharmacy services provider to the long-term care industry. Offering a new approach to pharmacy services, Millennium delivers on the promise of “the right drug, for the right patient, at the right time, for the right price” so its customers can deliver the best patient care while reducing costs, and more easily meeting compliance demands. Only Millennium combines Just-In-Time Dispensing with electronic medication and treatment ordering, administration, documentation, and reporting. Millennium backs up this commitment with delivery timeliness and medication accuracy customer guarantees. Millennium is headquartered in Chicago, Illinois. Please visit www.mpsrx.com for more information.