WILMINGTON, Del., Nov. 30, 2020 /PRNewswire/ — Annexus Health recently launched an initiative aimed at increasing awareness of patient financial toxicity—the hardships resulting from expensive and frequently unaffordable health care.
In a series of video vignettes featured on the Annexus website, three cancer survivors share their personal experiences with financial toxicity:
“Cancer takes its own toll on you. When you bring in the financial impact of it, it’s really devastating to your soul.” – Beth, diagnosed with stage III triple-negative breast cancer in 2007
“The last thing you need [when dealing with a health issue] is to worry about your lights being cut off, or your cars being taken because you can’t pay for them. But there’s no talk about financial assistance anywhere.” – Sonya, diagnosed with HER2-positive breast cancer in 2007
“A major health scare like this can impact your plans, can impact your finances for many years to come afterwards.” – Michele, diagnosed with stage II invasive ductal carcinoma in 2018
An article further detailing these women’s stories and the issue of patient financial toxicity can be found here.
“All of us at Annexus are incredibly grateful to Sonya, Beth, and Michele for sharing their stories with us—and allowing us to share them with the world,” said Tim Koenig, Vice President of Marketing and Life Science Solutions at Annexus. “It’s truly a testament to the strength and compassion of these women that they were willing to discuss their painful experiences in order to raise awareness of an important issue and, hopefully, help other patients.”
Annexus is the company that offers the financial assistance cycle management (FACM) platform AssistPoint® and the FACM outsourcing service Adparo, both of which help provider organizations to connect more, eligible patients with available assistance and to manage fulfillment.
“The patient journey is at the heart of what we do,” said Koenig. “By developing technology solutions for the administrative challenges impacting care today, we’re helping to reduce the financial burden for patients and their families.”
About Annexus Health
Annexus Health is a privately-held, healthcare technology company, focused on developing solutions that reduce administrative burdens across the patient journey to improve access, speed, and adherence to critical care. Learn more at annexushealth.com.
Media contact:
Tim Koenig
VP Marketing & Life Science Solutions
Tim@annexushealth.com
SOURCE Annexus Health
Read moreWILMINGTON, Del., Nov. 5, 2020 /PRNewswire/ — OneOncology, the national partnership of independent community oncology practices, and Annexus Health today announced a strategic collaboration in which AssistPoint® and Adparo® will be made available to all practices on the OneOncology platform to enhance their patient financial assistance cycle management (FACM) process. AssistPoint® is a single enterprise workflow platform that helps provider organizations navigate and manage the administrative patient journey from end to end. Adparo® is an FACM outsourcing service.
“With easy navigation, we’re able to streamline and create more efficient processes that help patients understand, enroll in, and utilize available financial assistance programs,” said OneOncology CEO Jeff Patton, MD. “We’re excited to bring AssistPoint® and Adparo® to our partner practices—all of which are committed to helping patients overcome financial barriers.”
The AssistPoint® platform streamlines the FACM process, allowing users to:
- Search a comprehensive library of assistance programs
- Enroll patients into appropriate assistance program(s)
- Track activity against the financial award
- Analyze financial assistance data
AssistPoint® helps connect more, eligible patients with the assistance they need, reducing financial toxicity and, ultimately, improving the practice revenue stream.
Adparo® provides trained, experienced staff to utilize AssistPoint® to expertly perform FACM on behalf of provider organizations and their patients. In addition, a full suite of financial assistance and access services are available à la carte to meet the unique needs of each organization.
“Annexus Health has been collaborating with New York Cancer and Blood Specialists and Tennessee Oncology for some time. This expanded relationship across the OneOncology network fosters strategic growth and deep utilization of Annexus offerings to positively impact the health and viability of provider organizations and the patients they serve,” said Joe Baffone, Annexus Health Co-Founder and CEO.
About Annexus Health
Annexus Health is a privately-held, healthcare technology company, focused on developing solutions that reduce administrative burdens across the patient journey to improve access, speed, and adherence to critical care. Learn more at annexushealth.com
About OneOncology
OneOncology is a national partnership of independent, community oncology practices working together to improve the lives of everyone living with cancer through a physician-led, data-driven, technology-powered, and patient-centric model. OneOncology is comprised of community oncology practices representing over 450 providers practicing at nearly 175 sites of care across the United States. Learn more at oneoncology.com.
Annexus Health is excited to welcome Scott Mullins, Chief Technology Officer.
Scott comes to Annexus with nearly 35 years of experience in Technology, including leadership positions at multiple Fortune 500 companies, a national healthcare GPO, and a successful health tech start-up. He will lead the technology team that supports Annexus operations and software development, with a focus on utilizing the power of technology and innovation to positively change the patient experience and improve health care.
“We could not be more excited for Scott to join our team to help us in solving for the numerous challenges around financial assistance cycle management and the overall administrative burden facing oncology practices and institutions throughout the US,” said Annexus Co-Founder, President, & COO Brad Frazier. “He brings a wealth of experience and an unwavering passion to take our organization, team, and products to new heights in our mission to positively impact the patient experience.”
Scott joins Brad, Joe Baffone (Co-Founder & CEO), Jennifer Vito (SVP, Provider Solutions), Tim Koenig (VP, Marketing & Life Science Solutions), and Amanda Hauskins (Head of Culture & People Operations) on the Annexus leadership team—a team dedicated to combating financial toxicity when it comes to patient affordability of critical care.
Learn more about the leadership team at Annexus, and its values as an organization, here.
Read moreWILMINGTON, Del., Oct. 15, 2020 /PRNewswire/ — Annexus Health, the company behind the cloud-based financial assistance cycle management platform AssistPoint®, has recently closed a $10 million funding round. The funding round was managed by North Point Advisors.
“With this new round of funding, we have begun aggressively expanding our talented team across all ends of the organization. We are focused on further optimizing our market-leading financial assistance cycle management suite of products and services, beginning to solve for additional administrative burdens, and—most importantly—helping more patients across multiple disease states,” said Brad Frazier, Co-Founder, President, and COO of Annexus Health. “Within the next couple of weeks, our team will more than double, with a comprehensive plan to continue to dramatically scale to meet the growing demand from providers and life science organizations who believe in the impact of our platform and our offerings.”
In the current Covid-19 environment, the need for a cloud-based platform to help with navigating the patient assistance journey has become even more critical to ensure patients obtain timely access to treatment with less financial toxicity.
Life science organizations have been increasingly recognizing the need to integrate their patient support programs directly within the provider workflow through AssistPoint®. Most recently, Annexus Health launched several integrations including BeiGene and Coherus Biosciences, Inc. and has several additional integrations launching soon, including Sanofi Genzyme, Amgen, and MorphoSys.
“The close of this funding round catapults the Annexus Health quest to comprehensively improve the management of the patient care journey. Our vision is deep market penetration across oncology and several other complex specialties, with an agnostic approach that enables all providers and, more importantly, their patients to benefit from the revolutionary end-to-end (full cycle) approach we take to solving problems,” said Joe Baffone, Annexus Health Co-Founder and CEO. “Our team is and will be the reason this is all possible. We have been and are attracting the most incredible people. The funding will allow us to continue enhancing our team with those driven to and capable of making a difference in the lives of patients.”
Furthermore, global pharmaceutical services company AmerisourceBergen recently announced the collaboration between Annexus Health and ION Solutions and IPN Solutions, two of the nation’s largest physician service organizations and GPOs focused on supporting independent, specialty-care providers. ION and IPN will now offer AssistPoint® to its members which will support the exposure and utilization of the platform among community oncologists and other specialty physician practices nationwide.
About Annexus Health
Annexus Health is a privately-held, healthcare technology company, focused on developing solutions that reduce administrative burdens across the patient journey to improve access, speed, and adherence to critical care. Learn more at annexushealth.com.
Contacts:
Tim Koenig, Annexus Health
630-730-1854—Mobile
tim@annexushealth.com
SOURCE Annexus Health
Read moreCoherus BioSciences, Inc. is the latest life science company to work with Annexus Health. Oncology providers can now access the Coherus COMPLETE™ Co-Pay Assistance Program directly within our AssistPoint® platform.
Through collaborations like this one, Annexus Health continues to make strides toward reducing the administrative and logistical burdens across the patient journey.
For more information about the Coherus COMPLETE™ Co-Pay Assistance Program, please visit www.CoherusCOMPLETE.com
AssistPoint® is a single-enterprise workflow platform used by oncology providers to navigate the financial assistance cycle management process for their patients.
With AssistPoint®, life science organizations and charitable foundations have an opportunity to innovatively meet the provider where they are by digitally connecting patient support services directly within the provider workflow to:
- Improve overall program user experience
- Reduce program communication delays
- Streamline the application and enrollment process
- Speed up award approval notification for appropriate patients based on eligibility
- Enable immediate access to award balance
For more information, please visit www.annexushealth.com.
Read moreOctober 05, 2020 08:30 AM Eastern Daylight Time
CARROLLTON, Texas–(BUSINESS WIRE)–Today, ION Solutions and IPN Solutions, both part of AmerisourceBergen, announced a collaboration with Annexus Health to offer AssistPoint® to specialty physician practices. AssistPoint® is a cloud-based software platform by Annexus Health that is designed to help physicians seamlessly offer financial assistance to patients after diagnoses and treatment decisions are made. The platform improves provider workflow and management across the administrative patient journey.
“Being able to let a patient know right away what financial assistance is available is crucial, which is why we’re now offering this solution to our specialty provider customers.”
“At ION and IPN Solutions, we’re committed to supporting specialty physician practices in their effort to enhance and ease the patient experience from diagnoses through treatment. With AssistPoint®, providers can search for information by patient, drug, foundation, or other factors in a matter of minutes,” said Brian Ansay, President of ION Solutions and IPN Solutions, AmerisourceBergen. “Being able to let a patient know right away what financial assistance is available is crucial, which is why we’re now offering this solution to our specialty provider customers.”
In a single destination, the AssistPoint® platform provides a comprehensive library of financial assistance sources spanning across all manufacturer support programs, charitable foundations, and other services. The platform connects various practice software solutions, foundation assistance programs, and life sciences’ patient support programs to automate enrollment and the award-management process. All of this aims to reduce the administrative and logistical burdens across the patient journey to improve access, speed, and adherence to critical care for patients.
“Collaborating with AmerisourceBergen solidifies our position as a market leader and will enable us to rapidly expand our footprint with oncology providers, life science organizations, and charitable foundations,” said Joe Baffone, Co-Founder and CEO of Annexus Health. “This strategic relationship empowers us to further our mission of reducing the administrative and logistical burdens across the patient journey, ultimately lessening financial toxicity and improving outcomes for more patients and their families.”
The seamless and user-friendly system allows practices to:
- Search: After a diagnosis and treatment decision has been made, search the proprietary comprehensive library of assistance programs on behalf of a patient based on personal demographic information that is pulled from EHR/PM systems.
- Enroll: Select the appropriate assistance program(s) to enroll the patient.
- Track: Monitor and measure activity against the financial support, including approved amount, start and end date, redemptions against the support offered, and remaining balance.
- Analyze: Access a powerful suite of reports directly within AssistPoint® to review financial assistance activity within your practice to drive insights and inform decisions.
“We have long awaited the arrival of a software system that will directly pull information from our practice management system and individualize patient assistance, program-by-program, while accessing the difficult-to-work-with disease funds,” said Jeff Vacirca, MD, FACP, Chief Executive Officer of New York Cancer & Blood Specialists. “This is a huge addition to the ION and IPN tech-solution lineup, and we’re excited to see how the industry leverages this resource to support patient access.”
ION Solutions is the largest physician service organization and GPO specializing in the support of community oncology. ION provides GPO procurement services, technologies, advocacy resources and expertise to more than half of the community-based oncology practices in the nation to help improve their clinical and operational management. For more information, go to www.iononline.com.
IPN Solutions supports specialty physician practices in their mission to provide better patient care through competitive pharmaceutical contracts, clinical and operational education and wrap-around technology, programs and service offerings. IPN Solutions supports neurology, rheumatology, ophthalmology, retina, gastroenterology, dermatology, and urology practices. Visit www.ipnonline.com for more information on IPN Solutions.
About AmerisourceBergen
AmerisourceBergen provides pharmaceutical products, value-driving services and business solutions that improve access to care. Tens of thousands of healthcare providers, veterinary practices and livestock producers trust us as their partner in the pharmaceutical supply chain. Global manufacturers depend on us for services that drive commercial success for their products. Through our daily work — and powered by our 22,000 associates — we are united in our responsibility to create healthier futures. AmerisourceBergen is ranked #10 on the Fortune 500, with more than $175 billion in annual revenue. The company is headquartered in Valley Forge, Pa. and has a presence in 50+ countries. Learn more at amerisourcebergen.com
About Annexus Health
Annexus Health is a privately-held, healthcare technology company, focused on developing solutions that reduce administrative burdens across the patient journey to improve access, speed, and adherence to critical care. Learn more at annexushealth.com
Annexus Health is proud to be included among the finalists for both the Entrepreneur Award: Patient Solution and the Entrepreneur Award: Health Solution at the Reuters Events Pharma Awards USA 2020.
Both awards honor a start-up company or entrepreneur who, in a short space of time, has generated strong traction with an original healthcare idea, product, or service, especially those who have found new ways to serve patients or health professionals in a beneficial way.
Winners will be selected by a panel of industry experts and customer judges during the Virtual Awards Week (December 7-9).
Annexus Health was previously honored with the 2019 award for Most Valuable Service or Digital Therapy.For more details about the Pharma Awards USA 2020, please visit https://www.eyeforpharma.com/awards/us-finalists.php
Read moreAnnexus Health is excited to welcome Amanda Hauskins, Head of Culture & People Operations.
In her over 15 years working in Human Resources, Amanda has played a key role in facilitating mergers and acquisitions, building start-ups, and rapidly growing organizations. She will lead Human Resources, Talent Management, and People Operations at Annexus, building and nurturing a culture that will help the organization to continue to attract and retain the best team members to support its mission of making meaningful differences in the lives of patients.
“Market recognition of the incredible impact Annexus Health is having on reducing financial burdens for cancer patients and the provider organizations that serve them is driving the need for rapid expansion,” says Annexus Co-Founder & CEO Joe Baffone. “We have spent considerable time and energy planning for this expansion and we are thankful that Amanda has chosen to join our leadership team to help steward this wonderful gift we have to make a difference in the lives of cancer patients.”
Amanda joins Joe, Brad Frazier (Co-Founder, President, & COO), Jennifer Vito (SVP, Provider Solutions), and Tim Koenig (VP, Marketing & Life Science Solutions) on the Annexus leadership team—a team dedicated to combating financial toxicity when it comes to patient affordability of critical care.
Learn more about the leadership team at Annexus here.
Read moreProviders can now access the Genentech Oncology Co-pay Assistance Program directly within our AssistPoint® platform.
For more information about the Genentech Oncology Co-pay Assistance Program, please visit www.copayassistancenow.com.
AssistPoint® is a single-enterprise workflow platform used by oncology providers to navigate the financial assistance cycle management process for their patients.
With AssistPoint®, life science organizations and charitable foundations have an opportunity to innovatively meet the provider where they are by digitally connecting patient support services directly within the provider workflow to:
- Improve overall program user experience
- Reduce program communication delays
- Streamline the application and enrollment process
- Speed up award approval notification for appropriate patients based on eligibility
- Enable immediate access to award balance
For more information, please visit www.annexushealth.com.
Read moreAnnexus Health was recognized at the 22nd spring Digital Health Awards held June 5, 2020, with a Merit Award for its software platform, AssistPoint®.
Organized by the Health Information Resource Center, the Digital Health Awards is a biannual event honoring the world’s best digital health resources. Entries to the competition are judged by a panel of health technology professionals based on content, format, success in reaching the targeted health audience, and overall quality.
AssistPoint® competed in the “Web-Based Digital Health: Web-Based Resource/Tool” category.
For more information about the Digital Health Awards, visit digitalhealthawards.com.
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