ConsortiEX joins the .Med Communication Hub establishing a strategic alliance for DSCSA compliance
CLEVELAND, Feb. 16, 2022 /PRNewswire/ — .Med and ConsortiEX, industry collaborators providing supply chain compliance capabilities to drug trade partners, today announced the formation of a strategic relationship to bring enhanced DSCSA compliance solutions to over 6,000 hospital clinics and pharmacies in the future.
This relationship will provide pipelines to exchange regulated data elements and messages with hospital clinics and pharmacies across the United States; DSCSA compliance requires the ability to exchange product tracing data with dispensers to continue the distribution of drug products.
“We’re pleased to work with ConsortiEX – this alliance is consistent with our mission to connect trading partners for data delivery, recall notifications, authorized status and other needs brought about by the DSCSA law” said Ray Fassett, Managing Director of .Med.
Utilizing trusted technology standards and practices, .Med’s Communication Hub enables the exchange of product tracing data, product verification requests, and drug recall notifications. This enhanced system, accessible to authorized trade partners and their service providers, logs and reports on all exchanged data and messages. Connected systems and trade partners have a secure and reliable pathway to Drug Supply Chain Security Act compliance by 2023 with .Med and its Communication Hub partners.
ConsortiEX provides software and services to manage the entire life cycle of drug products along the healthcare supply chain eliminating compliance burdens from hospital clinics and pharmacies. This alliance is a step toward ensuring that regulated data elements and messages are accessible by all trading partners prior to November 2023, as required by federal legislation.
About ConsortiEX
ConsortiEX is a health care pharmacy IT company providing software and services to manage the ordering, production, distribution, and tracking of pharmaceuticals… from Pedigree to Patient®. DSCSA Compliance as a Service removes the compliance burden from Hospital Clinics and Pharmacies with comprehensive data collection and traceability services. Assure-Trak® integrates Batch and Dynamic Patient Specific compounding, tracking ingredients through production to patient administration.
For more information about ConsortiEX, visit https://consortiex.com.
About .Med
.Med, a Veteran owned business, is headquartered in Cleveland, OH along with its parent company Second Generation, LTD. The .Med TLD creates a trusted and verified source of medical information online. .Med focuses on addressing the needs of the drug supply chain industry.
Learn more about .Med by visiting : https://trust.med
Media Contacts:
Daniel Kraciun, .Med
216-727-3961
Wyndham Gary, ConsortiEX
888-434-1442
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SOURCE .Med
