> News > NCPDP News > Time is Running Out to Submit Grant Proposals for Real-time Prescription Benefit Research Project
The NCPDP Foundation is planning to award a grant of up to $50,000 to fund a proof of concept pilot research project on the BETA version NCPDP Real-Time Prescription Benefit (RTPB) Standard.
The BETA Standard was approved by NCPDP members during the August 2019 NCPDP Joint Technical Work Group Meetings. It provides a standard format for the prescriber, pharmacy and pharmacy claims processor to exchange real-time information about a patient’s drug benefit coverage and out-of-pocket cost prior to prescribing and dispensing, thereby improving speed to therapy.
Grant proposals are due to the Foundation by September 30, 2019, with an announcement of the grant award to be made by November 30, 2019.
Project metrics may include quantifying successful responses of the transaction; documenting fewer patient complaints, fewer calls to the prescriber’s office by pharmacies and patients, and fewer prescriber calls to pharmacies; demonstrating increased workflow in pharmacies due to fewer rejections and calls to prescriber offices. Further study could demonstrate increased medication adherence and administrative cost savings.
The pilot research project could also result in identifying potential enhancements to the BETA RTPB Standard. Testing would require including SCRIPT or Telecommunication Standard versions, or ideally, both.
Interested parties should review the Project Concept paper and Request for Funding form. Grant applications must be submitted on the NCPDP Foundation Request for Funding form no later than September 30, 2019. The completed form and any supplemental material should be sent to Terry Schroeder at email@example.com or 9240 E. Raintree Drive, Scottsdale, AZ. 85260. If mailed, the submission must be postmarked no later than September 30, 2019.