Thompson Solutions

According to HIPAA HITECH regulations, patients should be notified within 60 days of a data breach. Unfortunately, it has been 5 months since the breach, and Change Healthcare is just now notifying patients about the compromise of their data. Additionally, healthcare providers were only informed last month. This delay in notification is concerning and underscores the importance of timely and transparent communication in such situations. Adhering to HIPAA HITECH guidelines is crucial to maintaining trust and safeguarding sensitive health information. https://lnkd.in/e2MGvRxN

Vincent will be attending the National Association of Specialty Pharmacies conference. Be sure to register and join us to discover how he can assist you with your pharmacy software transition. #NASPAnnual2024

The Centers for Medicare & Medicaid Services (CMS) has announced that it will be ending its funding support related to the Change Healthcare outage. Make sure you are prepared for the July 12th deadline. https://lnkd.in/gCjcAiRF

📰 CMS Issues Final Rule to Adopt NCPDP SCRIPT Standard 202311! 💊📜 Exciting update! CMS has issued a final rule to adopt the NCPDP SCRIPT Standard 202311, replacing the current version 2017071 implemented on 1/1/2020. Key Changes: 🔹 Improved eRx Transfers: Pharmacies can now push eRx to another pharmacy in real-time, enhancing efficiency. 🔹 NCPDP Real-Time Prescription Benefit (RTPB) Standard Version 13: Provides prescribers with real-time, patient-specific formulary and benefit information. 🔹 Enhanced Transparency: RTPB standard indicates coverage status, restrictions, and estimated patient financial responsibility. These updates aim to streamline pharmacy operations and improve patient care by providing more accurate and timely information. https://lnkd.in/g4bqy7fB

📰 FDA Grants 2-Year Exemption to Small Dispensers from DSCSA Requirements! 💊 Good news for small pharmacies with fewer than 25 employees! The FDA has provided a 2-year exemption from certain DSCSA requirements: 🔹 No need to verify product identifiers for suspect or illegitimate products. 🔹 No electronic exchange of transaction info required. 🔹 Transaction info doesn't need package-level identifiers. 🔹 Current methods can be used for transaction info requests during recalls or investigations. This exemption offers flexibility and extra time for small dispensers to comply with DSCSA standards. Stay tuned for more updates! https://lnkd.in/eyuGwzgr

As more biosimilars enter the market, the landscape of patient out-of-pocket (OOP) costs is set for an intriguing shift. With branded drugs losing their single-source status, we can anticipate a reduction in copay support from these manufacturers. This evolution in the pharmaceutical industry will undoubtedly have significant implications for patients and healthcare providers alike. The Drug Channel's post below discusses the impact of true OOP cost in detail. How do you think this change will impact patient affordability and access to essential medications? Let's discuss! https://lnkd.in/gxRwHEbE

Thompson Solutions is excited to welcome Shelly James to the team! Shelly is a long-time colleague with 20 years of experience in the home infusion and specialty pharmacy industry, including 10 years as a lead customer support representative for CPR+. Her deep understanding of the industry, and using software to support the needs of your business, positions us to support our growth while helping our clients with exceptional depth of knowledge and professionalism. 

Vincent will be at Asembia next week. Reach out to see how he can help you with your data migration or system optimization.

Is your staff ready to explain the changes coming to Part D starting next year? https://lnkd.in/g4wrQDwQ

Change Healthcare is making progress on getting some of the copay programs back on line. https://lnkd.in/g6_2PE_b