There are thousands of drugs in the healthcare system that have not been evaluated for effectiveness, safety, etc., nor have they been evaluated to determine if there has been a change in strength, dosage, etc. to fall under a “grandfathered” or “GRASE” status by the FDA. The fact that unapproved medications are in the system, especially those on active recall or those that have harmed patients, is unacceptable and those that are ineffective bloat healthcare costs throughout the industry. However, as healthcare is an industry that finds transparency anathema to its interests, it is not unbelievable. The commitment to the status quo brings risks to individual pharmacies/pharmacists, and patients from those trusted to determine coverage. We believe that without oversight, it falls to those administering care and those receiving it to make informed decisions. We have built an integrated database that offers continuous real-time identification and notification of FDA-unapproved medications to inform those most affected at the point of sale, adjudication or prescription. Our proprietary database of thousands of medications can integrate into pharmacy software, prescribing software or pharmacy benefit adjudication system to:
- Identify FDA-unapproved medications retrospectively and prospectively
- Provide real-time marketing status review of NDCs
- Inform patients, pharmacies, prescribers, PBMs and plan sponsors about medications that are illegal and unapproved
- Offer alternative approved medications in the same therapeutic class
- Allow for informed compliant care decisions
To learn more about how we are making healthcare safer and more efficient please visit our site at www.electuaryrx.com
With your support we can solve this issue today.