TAMPA, Fla., July 13, 2016 (GLOBE NEWSWIRE) -- MedHOK®, recognized by Inc. magazine as one of the fastest growing healthcare SaaS companies in the U.S., announced today that Molina Healthcare, Inc. (NYSE: MOH), a FORTUNE 500 company with 4.2 million covered lives, has selected MedHOK's innovative software platform to manage pharmacy and medical care. Molina chose the MedHOK member-centric software platform for its ability to ensure out-of-the-box compliance with federal, state, and local requirements and unify medical and pharmacy clinical management within one platform.
Since its debut in 2010, MedHOK has changed the way payers manage medical and pharmacy care in a compliant fashion on a single platform to improve quality outcomes for their members. Out-of-the-box compliant and proactively updated for Medicare, Medicaid, and Affordable Care Act regulations, MedHOK is a compliance powerhouse. As healthcare compliance requirements intensify, and quality of care determines revenue, payers must identify and target member health risks, intelligently trigger workflow interventions, and improve quality of care in order to succeed. As such, MedHOK has earned the trust of more than 50 of the nation's largest and most respected healthcare payers, managing close to 50 million lives.
"We recognize that the best care is coordinated, and addresses a member's medical, pharmacy and social needs," said Dr. Keith Wilson, M.D., F.A.C.O.G., Chief Medical Officer of Molina Healthcare. "MedHOK's software platform allows clinical management to be inclusive of the above and in compliance with Medicare and Medicaid regulations, which is important for a company like ours that takes care of individuals participating in various government programs."
"The payers that implement a strong, member-centric, single platform to manage medical and pharmacy clinical care in alignment with compliance demands will succeed in the shift to value-based healthcare," said Anil Kottoor, CEO of MedHOK. "There's only one software platform that simplifies healthcare member care, removes the worry of compliance, and allows payers to focus on achieving maximum revenue and that's MedHOK."
MedHOK, recognized by Inc. magazine as the 25th fastest growing company in the U.S., enables healthcare payers to ensure regulatory compliance and succeed in the emerging value-based reimbursement model. Out-of-the-box compliant and proactively updated for Medicare, Medicaid, and Affordable Care Act regulations, MedHOK is a compliance powerhouse. Our SaaS-based software platform pulls together all pharmacy and medical data into one plenary platform, creating a 360° view of the member, allowing payers to identify and target health risks, intelligently trigger workflow interventions, and improve quality of care throughout the continuum of care.
MedHOK holds three NCQA® certifications: HEDIS®, Pay for Performance and Disease Management. MedHOK has fully integrated Pharmacy Quality Alliance (PQA) drug measures. MedHOK is the software platform of choice for more than 50 of the nation's largest healthcare payers, managing close to 50 million lives. Visit www.MedHOK.com or call (888) 9MEDHOK.
About Molina Healthcare
Molina Healthcare, Inc., a FORTUNE 500 company, provides managed health care services under the Medicaid and Medicare programs and through the state insurance marketplaces. Through our locally operated health plans in 11 states across the nation and in the Commonwealth of Puerto Rico, Molina currently serves approximately 4.2 million members. Dr. C. David Molina founded our company in 1980 as a provider organization serving low-income families in Southern California. Today, we continue his mission of providing high quality and cost-effective health care to those who need it most. For more information about Molina Healthcare, please visit our website at molinahealthcare.com.