Capital Rx Launches Unified Claims Processing Platform, Judi Health
What You Should Know: – Capital Rx, a healthcare technology company announced the launch of Judi Health™, a groundbreaking unified claims processing platform. – Judi Health is the first platform capable of administering both pharmacy and medical claims on a single system, addressing the long-standing challenges of fragmented healthcare administration and paving the way for ... Read More
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What You Should Know:
– Capital Rx, a healthcare technology company announced the launch of Judi Health™, a groundbreaking unified claims processing platform.
– Judi Health is the first platform capable of administering both pharmacy and medical claims on a single system, addressing the long-standing challenges of fragmented healthcare administration and paving the way for a more efficient and patient-centric approach to care.
Streamlines Operations, Reduces Costs, and Improves Patient Experience
Historically, health plans and payers have relied on disparate systems and workflows to manage pharmacy and medical benefits, leading to inefficiencies, administrative waste, and a fragmented patient experience. This lack of coordination has contributed to the staggering costs and complexities of the U.S. healthcare system.
The Power of JUDI
Judi Health is powered by JUDI, Capital Rx’s proprietary enterprise health platform. JUDI enables the seamless exchange of information and data between healthcare stakeholders, facilitating care coordination and improving access to essential medications and treatments.
Key features of Judi Health include:
- Unified Claims Processing: Manages both pharmacy and medical claims on a single platform, eliminating the need for separate systems and workflows.
- Real-Time Patient and Plan Management: Provides a comprehensive view of patient information and plan details, enabling more informed decision-making.
- Centralized Services: Offers a unified workflow for operational, administrative, and financial services, reducing administrative waste and improving efficiency.
- Innovative Pricing and Reimbursement Models: Supports value-based care and contracting, enabling new approaches to healthcare payment and delivery.
“Solving some of the major challenges in healthcare will require us to address foundational issues with technology. Nobody planned to create two separate systems to manage pharmacy and medical claims, but an entire ecosystem has been cobbled together to maintain and capitalize on preserving inefficiency rather than advancing our nation’s care delivery,” said AJ Loiacono, Founder & CEO, Capital Rx. “The root cause of our nation’s failing infrastructure is massive underinvestment and inability for legacy companies to develop a unified platform for claims administration.”