Tabula Rasa Partners with eHealth to Enhance Community Pharmacy Access to Medicare Plan Reviews Through New Clinical Bundle

Rhea-AI Summary

Tabula Rasa HealthCare (TRHC) announced an expanded partnership with eHealth to provide a Medicare Plan Review module to its client pharmacies. This collaboration enables pharmacists to assist patients in comparing Medicare plans, ultimately enhancing patient care and pharmacy performance. With over 200 carrier relationships, the eHealth platform offers patients tailored options for their prescription needs, improving access and enrollment processes. The partnership aims to increase community pharmacists' engagement, enhancing healthcare outcomes for Medicare beneficiaries who often do not review their coverage annually.

Positive

• Expanded partnership with eHealth to enhance Medicare plan reviews.
• Access to a comprehensive solution for pharmacies to improve patient care.
• Potential for increased pharmacy performance and revenue through enhanced engagement.

Negative

• None.

MOORESTOWN, N.J., Aug. 12, 2021 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced an expanded partnership with eHealth, Inc., a licensed online health insurance marketplace with more than 200 carrier relationships, to offer a complementary Medicare Plan Review module to all PrescribeWellness client pharmacies throughout the country.

This partnership empowers pharmacists to engage and collaborate with patients on Medicare plan comparisons, further improving care

Medicare plan reviews are a critical way for pharmacists to engage with their patients, helping to achieve better outcomes for both patient and pharmacy. The eHealth solution helps patients find the best available plan for their prescription drug needs while keeping them with their pharmacy. Through this partnership, pharmacies will have access to a comprehensive solution for Medicare plan reviews, customized outreach during open enrollment and when patients turn 65, and an eCare plan to document clinical services.

"This partnership furthers our goal of helping pharmacists deliver total patient care through one of the most accessible pharmacy software platforms available, that includes proven tools such as the MedWise Risk Score™," said Farah Madhat, PharmD, MA, Executive Vice President, MedWise HealthCare Division at TRHC. "Studies show that more than 57% of Medicare beneficiaries do not review their coverage annually. Through partnerships like this, our PrescribeWellness platform empowers community pharmacists to collaborate and engage with patients on Medicare plan comparisons and enrollments, further improving patient care and expanding revenue and pharmacy performance."

With the newly enhanced Medicare Plan Review module, pharmacies will now have a consolidated dashboard with access to all Medicare plans to help patients find the plan that best fits their needs. Pharmacies have access to Medicare experts, can provide Medicare Advantage plan comparisons, and highlight plans covered at the pharmacy while facilitating safe and simple enrollment.

"We're pleased to team up with Tabula Rasa," said John Connor, eHealth's Vice President and General Manager of Strategic Partnerships. "eHealth's technology will allow Tabula Rasa's client pharmacists to more fully engage with their patients through a digital patient-facing portal, personalized shopping experiences, and access to licensed Medicare agents. It's a natural fit with eHealth's mission to connect everyone with quality, affordable health insurance and Medicare plans."

About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events – the fourth leading cause of death in the US. TRHC's proprietary technology solutions, including MedWise®, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. TRHC's extensive clinical tele-pharmacy network improves care for patients nationwide. Its solutions are trusted by health plans and pharmacies to help drive value-based care. For more information, visit TRHC.com.

About eHealth
eHealth, Inc. operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, we have connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Our proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 200 health insurance carriers across 50 states and the District of Columbia.

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SOURCE Tabula Rasa HealthCare, Inc.

FAQ

What is the new partnership between Tabula Rasa HealthCare and eHealth?

Tabula Rasa HealthCare partnered with eHealth to provide a Medicare Plan Review module for client pharmacies, helping patients compare Medicare plans.

How will the partnership impact Medicare beneficiaries?

The partnership aims to help Medicare beneficiaries find optimal plans, as many do not review their coverage annually, ultimately improving their healthcare outcomes.

What technology will pharmacies use under the new partnership?

Pharmacies will access a consolidated dashboard for Medicare plans and tools to facilitate patient enrollment and plan comparisons.

When was the partnership between TRHC and eHealth announced?

The partnership was announced on August 12, 2021.

What is Tabula Rasa HealthCare's goal with this partnership?

The goal is to empower pharmacists to deliver comprehensive patient care and improve pharmacy performance through the PrescribeWellness platform.