|By Business Wire
|February 26, 2013 12:01 AM EST
Medical Association (AMA) and McKesson
have entered into a licensing relationship to offer the healthcare
system a consistent and transparent way to identify and track molecular
diagnostic (MDx) tests. Under the agreement, McKesson
Z-Code™ Identifiers will be grouped and indexed with corresponding
molecular pathology codes in the AMA’s Current
Procedural Terminology (CPT®) code set. With identifiers
and codes working in tandem to create a comprehensive reference for
identifying and tracking MDx tests, the healthcare industry can better
understand the growth in this area to support advanced diagnostics
Today, over 3,000 molecular and genetic diagnostics are marketed for
clinical use. According to Frost
& Sullivan, MDx
is the fastest growing sector of clinical pathology lab testing,
with revenues expected to reach $6.2 billion by 2014 and a projected
compound annual growth rate (CAGR) of more than 11 percent. Although
these diagnostics hold great promise to influence the cost and quality
of care by informing care decisions, their impact has not been clearly
articulated and quantified. With the introduction of next-generation and
whole genome sequencing, the scale of this challenge grows exponentially.
“CPT is a foundational component of healthcare, a shared terminology
that physicians, hospitals and payers use to report and reimburse for
services delivered to patients. With MDx tests growing so quickly,
understanding their clinical and financial impact across the healthcare
system is challenging. Identifying new tests as they evolve is critical
to support smarter and more informed care decisions to address the
quality and cost of care,” said Matthew
Zubiller, vice president of decision management at McKesson Health
“We are pleased to be working with the AMA to help improve test
identification, which will enhance transparency for physicians,
hospitals, laboratories and payers when it comes to diagnostics,
treatment selection and prognosis. Greater clarity will bring healthcare
stakeholders one step closer to the collaboration needed to assess these
tests and make the most informed test selection, coverage and payment
decisions, resulting in better business for providers and payers and
better care for patients,” said Emad Rizk, M.D., president of McKesson
In 2011, McKesson created the McKesson
Diagnostics Exchange™, a software-as-a-service catalog and shared
workflow solution that laboratories and diagnostics manufacturers can
use to submit information about their specific MDx tests, and providers
and payers can use to understand and evaluate them. The McKesson
Diagnostics Exchange issues a unique Z-Code Identifier to each test and
catalogs it for reference and understanding by other stakeholders in the
The relationship between the AMA and McKesson will result in the
creation of a new reference product that maps Z-Code Identifiers to CPT
codes. The AMA will use the information that labs and manufacturers
submit and then share in the McKesson Diagnostics Exchange to assign CPT
code mappings where appropriate. Not all Z-Code Identifiers will
immediately map to a CPT code, and, in many cases, multiple Z-Code
Identifiers will map to a single CPT code. The new product will be
available for licensing from the AMA early in 2014.
“The McKesson Diagnostics Exchange provides an infrastructure that will
support the AMA’s efforts to advance personalized medicine, promote
access to innovative diagnostic capabilities and improve patient
outcomes,” said James
L. Madara, M.D., AMA chief executive officer and executive vice
president. “The added capabilities will complement the AMA’s ongoing
development and maintenance of a CPT code set for molecular diagnostic
services and provide a valuable tool for physicians, hospitals, payers
and the diagnostics industry that will help organize vital information
about MDx tests.”
The AMA has been involved with coding solutions for molecular pathology
services since 1998. New, more detailed CPT codes for molecular
pathology services became effective in 2012 to capture and describe the
latest scientific advances in this rapidly expanding field of medicine.
The ongoing process has so far created more than 100 codes for reporting
innovative diagnostic services. This collaboration complements the
recent efforts that the AMA and McKesson have undertaken to work closely
to share terminology with the National Institutes of Health’s Genetic
Connecting Z-Code Identifiers with CPT codes is expected to yield many
Laboratories will have an opportunity for their tests to be mapped to
CPT codes where appropriate, which will give them the ability to more
precisely identify which test was performed and then reported with the
appropriate CPT code, potentially improving efficiencies in the
Clinicians will be able to access a tool to help them accurately
identify and select tests.
Payers will have additional detailed test information to help identify
the tests being performed, thus providing the industry with the
ability to track outcomes on specific tests and analyze the value of
Patients will benefit from this collaboration as it supports
medicine’s overarching goals of reducing disease burdens and improving
For more information on McKesson Health Solutions, please visit our Web
site, hear from our experts at MHSdialogue,
and follow us on Twitter at @McKesson_MHS.
About the American Medical Association
The American Medical Association helps doctors help patients by uniting
physicians nationwide to work on the most important professional, public
health and health policy issues. The nation’s largest physician
organization plays a leading role in shaping the future of medicine. For
more information on the AMA, please visit www.ama-assn.org.
About McKesson Corporation
McKesson Corporation, currently ranked 14th on the FORTUNE 500, is a
healthcare services and information technology company dedicated to
making the business of healthcare run better. We partner with payers,
hospitals, physician offices, pharmacies, pharmaceutical companies and
others across the spectrum of care to build healthier organizations that
deliver better care to patients in every setting. McKesson helps its
customers improve their financial, operational, and clinical performance
with solutions that include pharmaceutical and medical-surgical supply
management, healthcare information technology, and business and clinical
services. For more information, visit us at www.mckesson.com.
Tags: AMA, American Medical Association, McKesson, McKesson
Health Solutions, CPT codes, Z-Code Identifiers, MDx, molecular
diagnostics, evidence-based medicine, EBM, molecular pathology,
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130225006891/en/
Interested in leveraging automation technologies and a cloud architecture to make developers more productive? Learn how PaaS can benefit your organization to help you streamline your application development, allow you to use existing infrastructure and improve operational efficiencies. Begin charting your path to PaaS with OpenShift Enterprise.
Oct. 7, 2015 02:00 AM EDT Reads: 502
SYS-CON Events announced today that Luxoft Holding, Inc., a leading provider of software development services and innovative IT solutions, has been named “Bronze Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Luxoft’s software development services consist of core and mission-critical custom software development and support, product engineering and testing, and technology consulting.
Oct. 7, 2015 01:15 AM EDT Reads: 504
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of at least three separate application components: the software embedded in the device, the backend big-data service, and the mobile application for the end user's controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/...
Oct. 7, 2015 12:45 AM EDT Reads: 120
Data loss happens, even in the cloud. In fact, if your company has adopted a cloud application in the past three years, data loss has probably happened, whether you know it or not.
In his session at 17th Cloud Expo, Bryan Forrester, Senior Vice President of Sales at eFolder, will present how common and costly cloud application data loss is and what measures you can take to protect your organization from data loss.
Oct. 7, 2015 12:00 AM EDT Reads: 502
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Oct. 6, 2015 11:15 PM EDT Reads: 358
SYS-CON Events announced today that IBM Cloud Data Services has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
IBM Cloud Data Services offers a portfolio of integrated, best-of-breed cloud data services for developers focused on mobile computing and analytics use cases.
Oct. 6, 2015 10:00 PM EDT Reads: 656
In his session at @ThingsExpo, Tony Shan, Chief Architect at CTS, will explore the synergy of Big Data and IoT. First he will take a closer look at the Internet of Things and Big Data individually, in terms of what, which, why, where, when, who, how and how much. Then he will explore the relationship between IoT and Big Data. Specifically, he will drill down to how the 4Vs aspects intersect with IoT: Volume, Variety, Velocity and Value.
In turn, Tony will analyze how the key components of IoT ...
Oct. 6, 2015 08:00 PM EDT Reads: 311
When it comes to IoT in the enterprise, namely the commercial building and hospitality markets, a benefit not getting the attention it deserves is energy efficiency, and IoT’s direct impact on a cleaner, greener environment when installed in smart buildings. Until now clean technology was offered piecemeal and led with point solutions that require significant systems integration to orchestrate and deploy. There didn't exist a 'top down' approach that can manage and monitor the way a Smart Buildi...
Oct. 6, 2015 05:00 PM EDT Reads: 254
SYS-CON Events announced today that Cloud Raxak has been named “Media & Session Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Raxak Protect automates security compliance across private and public clouds. Using the SaaS tool or managed service, developers can deploy cloud apps quickly, cost-effectively, and without error.
Oct. 6, 2015 04:40 PM EDT Reads: 111
As-a-service models offer huge opportunities, but also complicate security. It may seem that the easiest way to migrate to a new architectural model is to let others, experts in their field, do the work. This has given rise to many as-a-service models throughout the industry and across the entire technology stack, from software to infrastructure. While this has unlocked huge opportunities to accelerate the deployment of new capabilities or increase economic efficiencies within an organization, i...
Oct. 6, 2015 03:00 PM EDT Reads: 125
“All our customers are looking at the cloud ecosystem as an important part of their overall product strategy. Some see it evolve as a multi-cloud / hybrid cloud strategy, while others are embracing all forms of cloud offerings like PaaS, IaaS and SaaS in their solutions,” noted Suhas Joshi, Vice President – Technology, at Harbinger Group, in this exclusive Q&A with Cloud Expo Conference Chair Roger Strukhoff.
Oct. 6, 2015 02:45 PM EDT Reads: 370
SYS-CON Events announced today that ProfitBricks, the provider of painless cloud infrastructure, will exhibit at SYS-CON's 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
ProfitBricks is the IaaS provider that offers a painless cloud experience for all IT users, with no learning curve. ProfitBricks boasts flexible cloud servers and networking, an integrated Data Center Designer tool for visual control over the...
Oct. 6, 2015 01:00 PM EDT Reads: 741
You have your devices and your data, but what about the rest of your Internet of Things story? Two popular classes of technologies that nicely handle the Big Data analytics for Internet of Things are Apache Hadoop and NoSQL. Hadoop is designed for parallelizing analytical work across many servers and is ideal for the massive data volumes you create with IoT devices. NoSQL databases such as Apache HBase are ideal for storing and retrieving IoT data as “time series data.”
Oct. 6, 2015 12:45 PM EDT Reads: 459
Clearly the way forward is to move to cloud be it bare metal, VMs or containers. One aspect of the current public clouds that is slowing this cloud migration is cloud lock-in. Every cloud vendor is trying to make it very difficult to move out once a customer has chosen their cloud.
In his session at 17th Cloud Expo, Naveen Nimmu, CEO of Clouber, Inc., will advocate that making the inter-cloud migration as simple as changing airlines would help the entire industry to quickly adopt the cloud wit...
Oct. 6, 2015 12:30 PM EDT Reads: 586
As the world moves towards more DevOps and microservices, application deployment to the cloud ought to become a lot simpler. The microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS.
In his session at 17th Cloud Expo, Raghavan "Rags" Srinivas, an Architect/Developer Evangeli...
Oct. 6, 2015 12:15 PM EDT Reads: 118
Organizations already struggle with the simple collection of data resulting from the proliferation of IoT, lacking the right infrastructure to manage it. They can't only rely on the cloud to collect and utilize this data because many applications still require dedicated infrastructure for security, redundancy, performance, etc.
In his session at 17th Cloud Expo, Emil Sayegh, CEO of Codero Hosting, will discuss how in order to resolve the inherent issues, companies need to combine dedicated a...
Oct. 6, 2015 12:00 PM EDT Reads: 442
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Oct. 6, 2015 12:00 PM EDT Reads: 251
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Oct. 6, 2015 12:00 PM EDT Reads: 413
Learn how Backup as a Service can help your customer base protect their data.
In his session at 17th Cloud Expo, Stefaan Vervaet, Director of Strategic Alliances at HGST, will discuss the challenges of data protection in an era of exploding storage requirements, show you the benefits of a backup service for your cloud customers, and explain how the HGST Active Archive and CommVault are already enabling this service today with customer examples.
Oct. 6, 2015 11:00 AM EDT Reads: 680
SYS-CON Events announced today that Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Key Information Systems is a leading regional systems integrator with world-class compute, storage and networking solutions and professional services for the most advanced softwa...
Oct. 6, 2015 11:00 AM EDT Reads: 327