Dynamic’s Medicare Advantage Platform Now Supports State Pharmaceutical Assistance Programs
Irvine, CA – May 23, 2017 – Dynamic Healthcare Systems, a leading provider of enterprise-wide solutions to health plans participating in Medicare Advantage, Managed Medicaid, and Marketplace programs, today announced product enhancements to support State Pharmaceutical Assistance Programs (SPAPs) through its fully integrated end-to-end Medicare Advantage platform. SPAPs are state specific programs enabling seniors to purchase prescription drugs at a reduced price. Dynamic’s end-to-end platform now empowers health plans to closely monitor their members who are enrolled in SPAPs. The product enhancements additionally deliver invoicing and correspondence support to health plans to manage and maintain their SPAP program internally while providing the health plan with greater transparency, additional support, increased operational efficiency, and improved revenue-tracking capabilities.
“SPAPs have been around for years to help mitigate the financial burden of prescriptions drugs to Medicare beneficiaries,” says Lonnie Hardin, Chief Operating Officer at Dynamic. “Dynamic’s ability to support health plans with SPAPs further enables the health plans’ abilities to increase operational efficiency and manage their programs through one source of information – Dynamic’s end-to-end enterprise platform,” Lonnie added.
Dynamic’s robust solutions provide Medicare Advantage health plans with an enterprise-wide platform that enables a strong risk adjustment strategy ensuring maximum and accurate risk-adjusted payments. Dynamic’s integrated software solutions are designed to ensure health plans meet the complex compliance and data processing requirements that the Centers for Medicare and Medicaid Services (CMS) establishes, monitors, and enforces. Dynamic’s solutions integrate various sources of health plan and provider data to create a single view of a Plan’s membership. This single view facilitates the delivery of high-quality managed care while helping health plans meet compliance and revenue management challenges including those associated with SPAPs.
About Dynamic Healthcare Systems
Dynamic Healthcare Systems provides comprehensive solutions to health plans and health systems participating in Medicare Advantage, Managed Medicaid, and Marketplace programs. Dynamic’s solutions help its clients optimize plan revenue and quality through the utilization of Dynamic’s rich analytics that identify areas for potential improvement, help maintain compliance through ongoing enhancements aligned with CMS regulations, and enhance operational efficiency through fully integrated solution utilizing a centralized database and integrated workflows. Headquartered in Irvine, California, the company offers comprehensive software solutions, managed services, and professional services. For more information, visit Dynamichealthsys.com or call 949.333.4565.