OLATHE, Kan. -
NIC Inc. (Nasdaq: EGOV), the dominant provider of digital government
services, today announced the launch of RxGov, a comprehensive
prescription drug monitoring program (PDMP) technology platform to help
government combat the opioid epidemic. The platform is driven by the
Company's acquisition of the RxOrbit suite of technology assets from
Leap Orbit, a privately held, Maryland-based company with extensive
healthcare IT expertise in health information exchanges, clinical
decision support, and state and federal government markets.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180801005187/en/
"We are pleased to introduce RxGov to the market," said Harry Herington,
NIC Chief Executive Officer and Chairman of the Board. "This solution
leverages the best of the PDMP systems NIC currently manages, plus the
unique, cutting-edge functionality of the technology we acquired. This
best-in-class solution brings choice, flexibility, and affordability to
government officials responsible for prescription drug monitoring
programs."
Prescription drug monitoring programs are used in nearly every state in
the United States to track the prescribing, dispensing, and use of
prescribed controlled opioids such as hydrocodone and oxycodone. Every
day in the United States, nearly 50 people die from an overdose
involving prescription opioids. Emerging research suggests that PDMPs
are associated with a reduction in the rate of controlled substance
prescribing.
The RxGov PDMP platform includes a variety of industry-leading benefits
and features, including:
-
Data Transparency: The system provides
complete end-to-end data transparency among healthcare officials,
pharmacies, government, and law enforcement.
-
Unique Patient Matching Algorithm: RxGov
uses machine learning to match patient full names, nicknames, maiden
names, etc. into a single record to prevent doctor shopping.
-
Seamless Integration with Electronic Health
Records (EHR): With this platform, healthcare organizations can
integrate PDMP data directly into the clinical workflow within their
EHR, without the need to log into a separate web portal.
-
Platform as a service (PaaS): PaaS allows
for quick deployment and easy migration from a legacy system.
-
Completely Cloud Based: RxGov is hosted
in the trusted Microsoft Azure cloud platform.
"When we developed RxOrbit, we knew PDMP technology could be better,"
said Mrinal Bhasker, partner of Leap Orbit. "The acquisition of RxOrbit
by NIC to form RxGov is an exciting step towards our vision of
delivering PDMP data to all policymakers and clinicians where and when
they need it to make informed decisions. We look forward to seeing NIC
build upon this vision and bring a best-in-class solution to an industry
that needs it. This is a critical component in combating the opioid
epidemic in the U.S."
Leap Orbit's technology has been operating as part of a pilot program
since 2017 with the state of Maryland. NIC has been managing PDMP
solutions since 2011, and launched its flagship, comprehensive ePDMP
system in the state of Wisconsin in 2017. This acquisition is a purchase
of assets only by NIC, and no Leap Orbit employees will be joining the
Company. However, as part of the purchase agreement, NIC will have an
ongoing strategic relationship with Leap Orbit to actively collaborate
on future business development efforts and the product roadmap for
RxGov. The Company will further discuss the asset acquisition during
NIC's Q2 2018 earnings announcement scheduled for 4:30pm EDT, today,
Wed., August 1. The webcast will be available at http://www.egov.com/investor-relations.
About NIC
NIC Inc. (Nasdaq: EGOV) is the nation's premier provider of innovative
digital government solutions and secure payment processing, which help
make government interactions more accessible for everyone through
technology. The family of NIC companies has developed a library of more
than 13,000 digital government services for more than 5,500 federal,
state, and local government agencies. Among these solutions is the
ground-breaking personal assistant for government, Gov2Go, delivering
citizens personalized reminders and a single access point for government
interactions. More information is available at www.egov.com.
About Leap Orbit
Leap Orbit assists healthcare institutions in developing and
implementing technology to transform the way care is delivered and paid
for. The Leap Orbit team has been engaged with trend-setters and
policymakers at the national level and across the states to shape the
technology that drives the healthcare industry. The firm's work at the
industry's cutting edge fuels its innovative product development model,
bringing solutions to healthcare's thorniest challenges. More
information is available at www.leaporbit.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005187/en/
NIC Inc.
Angela Davied, 913-754-7054
adavied@egov.com