The South Carolina Medical Association (SCMA) today announced it has selected Standard Register (NYSE:SR), the nation�s leading provider of secure prescription solutions, to provide its members with tamper-resistant prescription pads that will meet both federal and state security prescription requirements. SCMA members will receive discount on its prescription pads and paper from the Dayton-based firm. With annual prescription fraud losses estimated at $5 billion, the U.S. Congress enacted legislation requiring that all outpatient Medicaid prescriptions be written on tamper-resistant pads. The Centers for Medicare and Medicaid Services (CMS) is taking a two-phase approach to implementation. One security feature is required on prescription pads by April 1, 2008 and three security features are required by October 1, 2008. �SCMA gave careful consideration in selecting a prescription pad provider. We believe Standard Register is the right choice. Its ScripPlus prescription program exceeds requirements for both phases of CMS guidelines,� said SCMA Chief Executive Officer Todd Atwater. �Moreover, their pads already have proven their effectiveness in fighting fraud in a number of states.� The most widely published success has been in the state of New York where Standard Register is exclusive provider of secure prescription pads. In a presentation at the National Association for Medicaid Program Integrity Conference in August, 2007, the state reported it had eliminated over $60 million in fraud losses within six months of deploying its secure prescription program. In addition to reducing monetary loss, state and federal fraud prevention efforts will help reduce the impact of drug diversion on local communities nationwide. According to the National Survey on Drug Use and Health, nearly 7 million Americans abuse prescription drugs�more than use cocaine, heroin, hallucinogens, Ecstasy, and inhalants, combined. Illegal acquisition and use of prescription drugs not only puts a strain on our healthcare system, but can also lead to increased crime and other negative impacts on communities. Standard Register�s proprietary ScripPlus prescription pads integrate multiple security technologies. They combine heat-sensitive inks, micro-printing and unique background patterns, artificial watermarks, chemical-sensitive coatings, warning bands and consecutive numbers to create a scrip pad that is highly effective in deterring criminals from modifying, copying and counterfeiting prescriptions. Standard Register has a special Web site (www.securescrip.com) where SCMA members can order their prescription pads. The site also offers a robust resource center that includes useful information about federal regulatory requirements, the nature of prescription fraud and steps the medical community can take to deter fraud. ABOUT THE SOUTH CAROLINA MEDICAL ASSOCIATION The South Carolina Medical Association, comprised of nearly 6,000 physician members, is the collective voice of South Carolina physicians. The SCMA focuses on helping South Carolina physicians succeed in a rapidly-changing, medical practice environment and serving as an advocate for patient access to high quality, affordable health care. More information is available at www.scmanet.org. ABOUT STANDARD REGISTER Standard Register is a premier document services provider, trusted by healthcare, business and government to manage the critical documents they need to thrive in today's competitive climate. Employing nearly a century of industry expertise, Lean Six Sigma methodologies and leading technologies, the company helps organizations mitigate risks, increase efficiency, reduce costs, grow revenue and meet the challenges of a changing business landscape. In addition to providing secure prescription solutions, it offers document and label solutions, technology solutions, consulting services and print supply chain services to help clients manage documents across their enterprises. More information is available at www.standardregister.com.
Spire (NYSE:SR)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Spire.
Spire (NYSE:SR)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Spire.