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Pharmacy First forms collaborative partnership

Pharmacy First, a leading Pharmacy Services Administrative Organization (PSAO) supporting a network of independent pharmacies, has partnered with Medversant Technologies, LLC to collaboratively bring together a robust credentialing, compliance and monitoring program for Pharmacy First members.

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OVERLAND PARK, Kan. — Pharmacy First, a leading Pharmacy Services Administrative Organization (PSAO) supporting a network of independent pharmacies, has partnered with Medversant Technologies, LLC to collaboratively bring together a robust credentialing, compliance and monitoring program for Pharmacy First members.

Medversant’s management platform is a comprehensive verification solution for CFR 455. It automatically monitors OIG status, DEA certifications, malpractice monitoring, state and federal monitoring as well as primary source verifications of staff. Medversant will integrate with NCPDP’s resQ pharmacy credentialing resource.

resQ pharmacy credentialing resource is a product of NCPDP, the problem-solving forum for healthcare and ANSI-accredited standards development organizations. resQ offers secure, complete, and up-to-date self-reported pharmacy data and credentials maintained in the pharmacy’s NCPDP Profile. resQ captures licensures, PIC and required CMS 42 CFR 455 regulatory information and credentialing data, including ownership details, insurance, sanctions and disciplinary information, as well as service-level data and supporting documentation requested by PBMs.

“With various industry demands for maintaining credentialing, our pharmacies are required to complete multiple credentialing platforms, creating redundant islands of information,” said Amanda Schaeuble, vice president of managed care operations for Pharmacy First. “There was a need to create uniformity for our pharmacies and PBM partners. This robust platform will capture the variety of requests for information, while saving our pharmacies time. We are taking our credentialing to another level.

NCPDP and Medversant together will fulfill our organization’s credentialing, accreditation and compliance requirements while maintaining the highest level of quality and accuracy.”

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