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AdvancePCS Inc. (Pharmaceutical Card System) was a large prescription benefit plan administrator from the United States, also known as a PBM (Pharmacy Benefit Manager). The company was partially purchased by McKesson in 1969 and fully in 1972. In 1994, the company was sold to Lilly for $4.4 billion. [1]
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Advance care planning is a process that enables individuals with decisional mental capacity to make plans about their future health care. [1] Advance care plans provide direction to healthcare professionals when a person is not in a position to make and/or communicate their own healthcare choices.
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AdvancedMD's EHR platform is a cloud-based system that enables healthcare providers to access patient records from various locations. [2] The platform includes customizable templates for different medical specialties, allowing for customization at the note and subnote levels. [2]
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The most common managed care financial arrangement, capitation, places healthcare providers in the role of micro-health insurers, assuming the responsibility for managing the unknown future health care costs of their patients. Small insurers, like individual consumers, tend to have annual costs that fluctuate far more than larger insurers.