Loopback Analytics issued the following announcement on March 21.
Loopback Analytics, a leading provider of data-driven solutions for hospital and health systems, announced today it has partnered with The University of VermontMedical Center to help advance the network's specialty and ambulatory pharmacy services.
Specialty pharmacy is a rapidly evolving, innovative medicine, and health systems – particularly health systems including academic medical centers like the UVM Medical Center – can play a key role in its advancement, especially when they use data analytics. By effectively monitoring and managing patient data, health networks are uniquely positioned to improve the safety and clinical efficacy of these complex specialty medications.
"Our hospitals, physicians, and team of health care providers are dedicated to delivering high quality, affordable patient care," said Chris Oliver, Vice President of Clinical Services at the UVM Medical Center. "This partnership with Loopback Analytics will help us meet that mission, and advances our specialty and ambulatory pharmacy operations to ensure patients have access to medications that best meet their needs and improve clinical outcomes."
Through its partnership with Loopback Analytics, the UVM Medical Center aims to improve medication adherence and reduce total cost of care. Using Loopback Analytics' portfolio of Pharmacy Solutions that include data integration and analytics, the UVM Medical Center can more effectively identify and manage at-risk patients, help pharmacy technicians prioritize visits with them, and improve clinical outcomes related to specialty medications.
"We are excited to team up with the UVM Medical Center and help them more effectively manage their specialty and ambulatory pharmacy activities," said Neil Smiley, CEO at Loopback Analytics. "Our solutions for navigating the specialty market, specialty operations outcomes and meds-to-beds automation and other tools are designed to positively impact medication adherence and capture rates, thus reducing readmission rates, hospitalizations and ED visits that drive up costs. Our solutions add real value to a patient's overall care."
Original source can be found here.