Case Study: Reduced Drug Costs for a Regional Health System
There are many factors that affect drug costs — the patient’s health system, formulary, deductible, pharmacy and rebate structure. But there is another factor that is ignored — the prescriber.
Without assistance, physicians cannot be expected to determine if their patient can afford the prescribed treatment. Physicians prescribe the medication they know, not the medication most affordable for their patient and the health system. Benefitplace™ Rx Insights makes the physician a partner in lowering drug cost and changes prescribing behavior.
Through proactive identification of lower-cost alternative drugs and automated engagement with the prescriber, a regional health system was able to use this approach to reduce its drug spend by nearly $200,000 year over year.