Rick Morrison
President @Medical Banking Rx
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WORK HISTORY
President @Medical Banking Rx
Little Rock, AR, US
Medical Banking Rx (MBRx) is a recipient of the HIMSS Medical Banking Project “Disruptive Innovator” Award (best potential to transform healthcare using disruptive innovation) and it has a patent-pending process, available for licensure, that prevents pharmacies from unilaterally circumventing the adjudication process in all 100% copay situations (High Deductible Health Plans, including Consumer Driven Health Plans and cash discount card markets) thereby avoiding the six problems experienced when claim adjudication is circumvented MBRx Patient Driven Rx(SM) enables the PBM to initiate patient payments to pharmacies in real-time as an automated and integrated component of their claims’ adjudication process with corresponding real-time e-receipt notifications, and with real-time payment reversal e-receipts when claims are reversed, thereby precluding the circumvention of claim adjudication.
EDUCATION
University of Arkansas at Little Rock
BS, Business Administration
ABOUT RICK MORRISON
Rick Morrison & Associates provides consulting and marketing services, as well as facilitating strategic and/or channel partnerships, for firms that collectively provide a comprehensive suite of pharmacy risk management solutions that eliminate PBMs’ missed savings opportunities, misaligned incentives, and inherent conflicts of interest that include: • Opioid Management – Opioid Addiction PREVENTION program • Self-Directed Pharmacy Benefit Management Services • Web-based Software for In-house Patient Assistance Programs (Alternative Funding) • Outsourced Patient Assistance Programs (Alternative Funding) • Specialty Drug Management (Pharmacy & Medical Benefits) • Formulary Management • Plan Member Comparative Cost Education • Prescription Drug Therapeutic Alternative Service • Pharmacy Care Management • Pharmacy Analytics Meets Automation • Medication Risk Mitigation / Medication Therapy Management • Guaranteed Pharmacy Savings • Hemophilia & Hereditary Angioedema (HAE) Management • Rx Strategies with Digital Engagement • Pharmacy Compliance Consulting
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