A New Standard for Transparency: NCPDP Real-Time Prescription Benefit Standard

The healthcare industry is on the verge of something big. Federal initiatives calling for greater transparency in prescription drug costs and industry innovators working to make the critical juncture of diagnosis and treatment easier on patients are converging with the development of an industry standard: the NCPDP Real-Time Prescription Benefit Standard. With the standard comes the potential to completely transform the patient-provider experience, giving prescribers access to patients’ out-of-pocket costs at the point of care for better informed, collaborative decision-making.

This is a boost for prescribers and pharmacists, allowing providers visibility on patients’ eligibility and benefit information within existing workflows through EHRs and other ePrescribing systems. The BETA Version of the NCPDP Standard, available in both XML and EDI formats, was approved in August 2019 and is set to go to ballot mid-September.

Listen to learn about the Standard’s transactions and how it will improve the healthcare experience for patients and providers.

Speaker:

John Klimek, R.Ph.

Senior VP, Standards & Information Technology, NCPDP

Sponsored by NCPDP 

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Keywords: 
ePrescribing, pharmacy informatics, Leadership, quality