On-Demand Formulary
On-Demand Formulary delivers plan-level formulary information to prescriber workflows from PBMs via a real-time request/response transaction.
No need to download formulary files
Instead of downloading large files every week, electronic health record (EHR) systems can reduce processing time by making formulary insights available on demand.
Provides the most up-to-date information
Because Formulary responses are delivered in real time, clinicians get more accurate benefit information.
Data sent directly from the source
EHRs receive formulary data from PBMs and health plans instantly, helping prescribers optimize medication decisions and patient outcomes.
Less development work needed
For EHRs, On-Demand Formulary reduces the development work required to upgrade when new formulary standards are released.
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- CAQH, 2017 CAQH Index: A Report of Healthcare Industry Adoption of Electronic Business Transactions and Cost Savings, 2018: 22.
- E-Prescribing with Decision Support is Associated with Improvements in Medication Adherence, The American Journal of Pharmacy Benefits, July-August, 2016
- Surescripts, “2020 National Progress Report,” April 2021.