Tuesday, May 01, 2007

SureScripts® to Acquire MedAvant Electronic Prescribing Network

Consolidation should help ease and accelerate adoption of e-Prescribing utilizing a common communication standard. SV

Alexandria, Va. – May 1, 2007 – SureScripts, operator of the Pharmacy Health Information Exchange, today announced that it has acquired MedAvant Healthcare Solutions’ (NASDAQ: PILL) electronic prescribing network, the longest operating physician-to-pharmacy electronic prescription network in the nation. SureScripts is not purchasing MedAvant’s physician desktop application PreScribe.

Over the next 90 days, SureScripts and MedAvant will transition all electronic prescription transactions and connectivity from the MedAvant electronic prescribing network to the Pharmacy Health Information Exchange, operated by SureScripts. With more than 95 percent of the nation’s pharmacies certified for an electronic connection to the Pharmacy Health Information Exchange, the acquisition will allow physicians who were formerly on the MedAvant network to reach far more pharmacies electronically. It also allows physicians and their technology vendors to communicate with pharmacies through a single network, using a single set of certifications based on nationally accepted standards and best practices for e-prescribing. All of this will allow thousands of physicians to streamline and expand their electronic prescribing connectivity – improving the safety and efficiency of the prescribing process.


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