RXNT

Last updated

Networking Technology, Inc.
TypePrivately held company
Industry Healthcare IT
Information technology
Health informatics
Founded1999;24 years ago (1999)
FounderRandy Boldyga
Headquarters
Annapolis, Maryland
,
United States
Key people
Randy Boldyga, CEO
Thomas Kavukat, CTO
Products Electronic health records, Medical Billing Software, Electronic Prescribing Software, Patient portal
Website rxnt.com

RXNT (originally Networking Technology, Inc.) is an American privately held healthcare software technology company. The company provides ambulatory practices, hospitals, medical billers, and other healthcare professionals with digital health tools. The company was created in 1999, as a standalone e-prescribing system.

Contents

History

Founded in 1999 in Maryland by Randy Boldyga (as Networking Technology Inc.), RXNT initially operated out of a basement to "keep our overhead expenses low" before moving to its first headquarters in 2006. [1] The company has been headquartered in Annapolis, MD since its incorporation on May 27, 1999 [2] and in October 2000, RXNT began beta testing its flagship electronic prescription system with pharmacies and prescribers in the surrounding area. [3]

In December 2003, RXNT received $150,000 in funding from the Anne Arundel County Economic Development Corporation's "Arundel Business Loan Fund" to expand the business. [4]

In 2004, RXNT acquired the user base and technology of Script-Fast Inc, a prescription processing system located in Harrisburg, Pennsylvania. [5]

In November 2007, RXNT was nominated for and received the Anne Arundel Tech Council's "Innovator Award" at the annual TechAwards. [6] [7]

In 2009, RXNT was the first product certified in the "CCHIT Certified 2011 Comprehensive" program for stand-alone electronic prescribing (ePrescribing), [8] [9] and in 2014, RXNT launched the first EPCS-Certified E-Prescribing mobile application for Android devices. [10] In 2017, RXNT EHR 7.2 achieved the 2015 Edition certification from the Drummond Group, a testing and compliance organization for the Office of the National Coordinator for Health Information Technology (ONC) Authorized Certification Body. [11]

Software

RXNT develops, supports, and sells proprietary healthcare software applications with the software-as-a-service (SaaS) model for healthcare professionals and organizations, including Electronic Health Records, Practice management, Patient Scheduling, Medical Billing, Electronic Prescribing, medical Revenue cycle management, and Patient portal. [1]

The e-prescribing system provides information about allergies and potential drug interactions, and medication history. [12]

Partnerships

RXNT partnered with RxHub LLC in 2002, one of the first electronic Health information exchanges (HIE) in the United States. [13] When Surescripts, operator of the Pharmacy Health Information Exchange, formed the Prescriber Vendor Advisory Council in 2007, [14] [15] COO Mark Wiggins was one of ten executives on the advisory council. After RxHub merged with Surescripts in 2008, [16] RXNT was granted Surescripts Platinum Solution Provider status alongside NextGen EHR. [17]

In February 2003, RXNT partnered with Medysis to provide pharmacies with application service provider (ASP) access to electronic prescriptions. [18]

OhioHealth chose RXNT to provide electronic prescription services for its 2,300 member physicians in 2007. [19] [20]

In 2008, RXNT partnered with Medco to offer free e-prescribing training and software during a pilot program of 500 physicians studying the impact of e-prescribing on patient safety, generic drug use, and formulary compliance of the Medicare population. [21] [22]

Related Research Articles

<span class="mw-page-title-main">Medical prescription</span> Health-care communication from a physician to a pharmacist

A prescription, often abbreviated or Rx, is a formal communication from a physician or other registered healthcare professional to a pharmacist, authorizing them to dispense a specific prescription drug for a specific patient. Historically, it was a physician's instruction to an apothecary listing the materials to be compounded into a treatment—the symbol ℞ comes from the first word of a medieval prescription, Latin recipere, that gave the list of the materials to be compounded.

The NHS Electronic Prescription Service is part of the NHS National Programme for IT of the National Health Service in England. It enables the electronic transfer of medical prescriptions from doctors to pharmacies and other dispensers and electronic notification to the reimbursement agency, NHS Prescription Services.

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IMS Health was an American company that provided information, services and technology for the healthcare industry. IMS stood for Intercontinental Medical Statistics. It was the largest vendor of U.S. physician prescribing data. IMS Health was founded in 1954 by Bill Frohlich and David Dubow with Arthur Sackler having a hidden ownership stake. In 2010, IMS Health was taken private by TPG Capital, CPP Investment Board and Leonard Green & Partners. The company went public on April 4, 2014, and began trading on the NYSE under the symbol IMS. IMS Health was headquartered in Danbury, Connecticut.

The Certification Commission for Health Information Technology (CCHIT) was an independent, 501(c)(3) nonprofit organization with the public mission of accelerating adoption of robust, interoperable health information technology in the United States. The Commission certified electronic health record technology (EHR) from 2006 until 2014. It was approved by the Office of the National Coordinator for Health Information Technology (ONC) of the U.S. Department of Health and Human Services (HHS) as an Authorized Testing and Certification Body (ONC-ATCB). The CCHIT Certified program is an independently developed certification that includes a rigorous inspection of an EHR's integrated functionality, interoperability and security using criteria developed by CCHIT's broadly representative, expert work groups. These products may also be certified in the ONC-ATCB certification program.

<span class="mw-page-title-main">First Databank</span>

First Databank (FDB) is a major provider of drug and medical device databases that help inform healthcare professionals to make decisions. FDB partners with information system developers to deliver useful medication- and medical device-related information to clinicians, business associates, and patients. FDB is part of Hearst and the Hearst Health network.

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<span class="mw-page-title-main">Practice Fusion</span> Electronic health record company

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<span class="mw-page-title-main">Pharmacy management system</span>

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References

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  4. "16 small businesses approved for loans from county group". The Baltimore Sun. December 29, 2003. Retrieved December 8, 2022.
  5. McBee, Angie. "Script-Fast, Inc. to merge with Electronic Prescription Provider, RxNT" (PDF). RxNT.com. Archived from the original (PDF) on July 2, 2004. Retrieved December 8, 2022.
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  11. "RXNT Electronic Health Records". chpl.healthit.gov. Retrieved December 8, 2022.
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