Pharmacy OneSource Announces Free Webinar on Pay-for-Performance Purchasing

May 11, 2010 - PRLog -- Bellevue, WA – Pharmacy OneSource, software-as-a-service provider of Sentri7, the real-time patient surveillance system, is pleased to announce a complimentary webinar presented by Steve Riddle, BS Pharm, BCPS, FASHP, on pay-for-performance systems in "The Building Wave of Pay-for-Performance: Is Your Practice Ready for the Rising Tide?"

The current United States' healthcare environment is in turmoil with costs rising and many concerns about the quality and safety of the care provided.  The concept of value-based purchasing seeks to address these problems by asserting that buyers should hold providers of health care accountable for both cost and quality of care. Pay-for-performance (P4P), a type of value-based purchasing, provides an incentive-based reimbursement system that rewards providers based on performance evaluated using standardized measures. P4P is already in use in managed care and in some hospitals.

This webinar will explore the basic premise of P4P, review current P4P models and discuss how pharmacists can best prepare for and participate in this new model.

The Building Wave of Pay-for-Performance: Is Your Practice Ready for the Rising Tide?
DATE: Wednesday, May 26, 2010
TIME: 12:00 PM - 1:00 PM EDT
WHERE: http://www.pharmacyonesource.com/webinars

About the Presenter: Steve Riddle, BS Pharm, BCPS, FASHP, currently serves as the VP of Clinical Affairs for Pharmacy OneSource. In this position he acts as a liaison between the company and the healthcare profession and guides product development to meet future trends in the health care market. Riddle is a representative for the ACCP on the Pharmacy Quality Alliance (PQA), serves on the CMS-appointed Hospital Outpatient Quality Measures Technical Expert Panel and is a member of the ASHP Quality Improvement Initiative Expert Panel. He has 24 years of pharmacy experience in a variety of clinical practice settings, including internal medicine, critical care, bone marrow transplant, renal transplant and acute and chronic cardiovascular care management. Riddle is a clinical assistant professor at the University Of Washington School Of Pharmacy and will be receiving his Doctorate of Pharmacy (PharmD) in the summer of 2010. Riddle was named a Fellow of ASHP in 2009 and received the WSPA Distinguished Leadership award in 2008 and the WSPA Innovative Pharmacy Practice award in 2004.

About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare’s #1 Software-as-a-Service (SaaS) provider. Our more than 70 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, MedBoard, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and VeriForm.