Archive for August 2016
Pharmacy Benefits Manager OptumRX requires VAWD accreditation
Pharmacy Benefit Manager (PBM) OptumRx announced this month that effective Oct. 1, it will only accept billed claims for products purchased from a Verified-Accredited Wholesale Distributor (VAWD). The National Association of Boards of Pharmacy VAWD program is an accreditation for pharmaceutical wholesale distribution facilities designed to ensure compliance with state and federal laws and VAWD…
Read MoreFDA issues new guidance on when medical device manufacturers should submit a 510(k)
Technology is evolving at a rapid rate, allowing medical device manufacturers to make changes and upgrades that result in improved products. But at what point in the upgrade of an existing device is approval needed from the U.S. Food and Drug Administration? That’s a question the FDA is looking to answer with the issuance of…
Read MoreEHR disruptions: Do you have a Plan B?
We’ve all lived through them – power outages, computer malfunctions, etc. And, for the most part, they are minor inconveniences. But for healthcare institutions, disruptions such as these can mean the inability to access patient health records and that can literally mean the difference between life and death. Add in the recent incidences of cyberattacks…
Read MoreHow can investigators predict healthcare fraud?
Predictive modeling is a term that has been used a great deal lately in the context of healthcare fraud. In a nutshell, predictive modeling is the area of data mining concerned with forecasting probabilities and trends. Here in South Florida, many of us are familiar with its use through the forecasting of hurricanes. In the…
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