Onmark Launches Regimen Profiler(TM), Web-Based Tool for Community Oncology Practices to Enhance Clinical and Practice Management Decision-Making
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SOUTH SAN FRANCISCO, Calif., Aug. 30 // -- Onmark, a leading national group purchasing organization (GPO) for community-based practices, today announced the launch of Onmark Regimen Profiler(TM), a new web-based tool that helps community oncology practices and patients gain a better understanding of clinical and financial information for commonly-used oncology treatment regimens.
"Onmark Regimen Profiler is an innovative and unique tool that helps community oncology practices understand the overall cost of delivering chemotherapy regimens to patients. It is designed to improve practice quality and efficiency because of its numerous features that are tailored to fit the needs of a practice's clinicians, staff and patients," said Kim Bergstrom, Pharm.D., Chief Clinical Officer of OTN and clinical advisor to Onmark. "To provide even greater benefit to Onmark members, we will continue to enhance Onmark Regimen Profiler by adding additional oncology treatment regimens, clinical resources and new functionality."
OTN, a leading physician practice services company and one of the largest distributors of products and services to the community physician market, launched Onmark in January 2005. To date, Onmark has enrolled more than 2,000 member practices, representing more than 3,500 physicians.
Features and Benefits
Onmark Regimen Profiler offers a number of features and benefits. This web-based tool:
-- Is pre-loaded with more than 120 commonly-used, referenced and evidence-based drug regimens and their associated administration codes
-- Is pre-loaded with practice-specific drug pricing information from OTN that is updated on a daily basis, ensuring accurate cost calculations
-- Is pre-loaded with the most recent ASP+6% reimbursement numbers from CMS, including the new numbers for Q3 2006
-- Provides the ability to create customized payor fee schedules, allowing practices to compare information for multiple payors in their region
-- Generates patient-friendly reports to proactively educate patient about their out-of-pocket financial responsibility for different treatments they may receive
-- Downloads data to a Microsoft(R) Excel(R) spreadsheet, providing easy-to-read reports for analysis
-- Is accessible any time through Onmark's website, www.onmarkservices.com, and does not require any onsite technology
-- Is available as a complimentary service from Onmark to its members
Onmark Regimen Profiler is a valuable resource for all members of a practice staff. Physicians and nurses can create comprehensive reports detailing the administration of commonly-used, evidence-based drug regimens and easily perform side-by-side comparisons of treatment costs for multiple regimens. Practice administrators and billing staff can create custom payor fee schedules and view financial information on different regimens with automatically updated practice-specific drug pricing from OTN. Financial advisors can quickly create printable reports for patient financial counseling.
"Onmark Regimen Profiler creates unique patient reports that help our patients better understand the scope of their financial responsibility with respect to a particular treatment. Our staff is excited to have a tool on their PC that allows accurate communication with patients about their co-pay and co-insurance responsibility for different treatment options," said Shirley Shuster, APRN, BC, OCN, Director of Clinical Services at Commonwealth Hematology Oncology, a large private hematology oncology practice comprised of 24 oncologists at nine sites serving eastern Massachusetts. "Because Onmark Regimen Profiler automatically loads real-time drug pricing from OTN, as well as accurate fee schedules from multiple insurance companies, it saves us time by avoiding the need for manual entry."
"Onmark is committed to investing in resources and programs for our members and offering tools for the entire practice staff to help them operate as efficiently as possible," said Clark Avery, General Manager of Onmark. "With the addition of Onmark Regimen Profiler, we now have one of the most robust member offerings among community practice GPOs. The strong uptake of this tool by our members to date demonstrates our understanding of the needs of this market and our ability to provide relevant solutions."
Broad Portfolio of Products, Services and Educational Programs for Members
In addition to Onmark Regimen Profiler and other practice optimization tools, Onmark provides its members with competitive national pharmaceutical contracts, aggressive pricing through OTN, exclusive discounts, clinical tools and educational programs. Onmark has one of the broadest suites of GPO contracts, comprising products from 16 leading pharmaceutical manufacturers representing the majority of the most widely-used chemotherapy, biologic and supportive care agents, including both brand and generic products. To date this year, Onmark has held more than 80 educational programs attended by more than 2,600 individuals.
About Onmark
Onmark, an OTN company, is a leading national group purchasing organization (GPO) for community-based practices. It is one of the largest GPOs in the community-based treatment setting, with more than 2,000 members representing more than $4 billion in annual drug purchases. Through strategic relationships with OTN, pharmaceutical companies and industry experts, Onmark provides its members with access to a full portfolio of competitive contracts for oncology products and medical/surgical supplies, the most aggressive pricing available through OTN, practice management resources, clinical tools and educational programs. For information about the products, services and programs available to Onmark members, visit www.onmarkservices.com.
CONTACT: Monique Weston of Onmark, +1-650-871-2108, or monique.weston@onmarkservices.com;
