Why is providing #healthcarecosts information earlier in the process so important? Because high or unaffordable out-of-pocket costs is the primary reason many patients don’t take medications as prescribed. In fact, up to 37% of prescriptions are never filled due to cost. Many providers don't find out about the issue until the patient comes in for their next appointment. Technology—like real-time benefit check (RTBC), that enables prescription #pricetransparency, and often provides cheaper alternatives, ultimately benefits patients, providers, payers, and pharma by driving down health care costs and increasing patient access to prescribed therapies. Learn more about Arrive Health in this MedCity news article: https://lnkd.in/dVAasE-V #HealthcareInnovation
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Well here’s a problem getting fixed. Just tell people what their medicine will cost when it is actually prescribed AND BEFORE the doctor sends the script to the pharmacy the prescribers are alerted there is another medicine just like the one they picked that just happens to be way cheaper because of who the patient’s PBM happens to be (and much of the time) actually with no copay AND no prior authorization required (best way to automate prior auth is to avoid it in the first place). Sounds simple enough. Only took ten years to get this wired up. #Youdontfailfastinhealthcareyousucceedslow(tm). Arrive health does this around 15 million times a month. People get their medication they need and money saved. Winners all around.
Why is providing #healthcarecosts information earlier in the process so important? Because high or unaffordable out-of-pocket costs is the primary reason many patients don’t take medications as prescribed. In fact, up to 37% of prescriptions are never filled due to cost. Many providers don't find out about the issue until the patient comes in for their next appointment. Technology—like real-time benefit check (RTBC), that enables prescription #pricetransparency, and often provides cheaper alternatives, ultimately benefits patients, providers, payers, and pharma by driving down health care costs and increasing patient access to prescribed therapies. Learn more about Arrive Health in this MedCity news article: https://lnkd.in/dVAasE-V #HealthcareInnovation
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Arrive Health, a UPMC Enterprises portfolio company, is committed to combatting prescription drug non-adherence. 💊 According to MedCityNews: "What we need to overcome these challenges is a digitally enabled marketplace of options that can be personalized to the patient and the context of their specific condition, pharmacy preference, and ability to pay." Learn more about Arrive Health's work here ⬇️⬇️
Why is providing #healthcarecosts information earlier in the process so important? Because high or unaffordable out-of-pocket costs is the primary reason many patients don’t take medications as prescribed. In fact, up to 37% of prescriptions are never filled due to cost. Many providers don't find out about the issue until the patient comes in for their next appointment. Technology—like real-time benefit check (RTBC), that enables prescription #pricetransparency, and often provides cheaper alternatives, ultimately benefits patients, providers, payers, and pharma by driving down health care costs and increasing patient access to prescribed therapies. Learn more about Arrive Health in this MedCity news article: https://lnkd.in/dVAasE-V #HealthcareInnovation
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Have you considered the future state of GLP-1 therapies and how they can positively impact the future of healthcare? It's an important question to ask, especially when it comes to your payor or provider's strategy for these therapies. #GLP1Therapies #HealthcareFuture #PepperFoster #Ozempic #Strategy Nathan Caskey Todd Dale Matthew Michel
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Founder of Breakfast Leadership Network | Media Host | Global Thought Leader | Advisory Services to Workplaces With High Retention
Check out this eye-opening insight from the video: "Not only are communities not losing physician groups, but they are now only accepting select patients. This situation is impacting us all as there are too many people and touches needed to get paid while accountability from payers is lacking. Despite massive profits for payers, supply companies, and drug companies, providers are facing closure." Let's share to raise awareness about the challenges facing healthcare providers today! #HealthcareChallenges #PayersAccountability #SupportProviders
Healthcare Disparities Impacting Provider Survival
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Entrepreneur | Pharma Consulting | Market Intelligence | Strategic Insights | What your Customer Want? | Pharmacist | Top 50 Global Indian | Market Insights | Brand Consulting | Ex AWACS | Ex IQVIA | Pronto Consult |
A Patient Support Program is critical for several reasons, as it plays a pivotal role in enhancing the overall healthcare experience and well-being of individuals undergoing medical treatment. Pronto Consult worked with a leading player to understand its Patient Support Program which is critical as it goes beyond medical treatment, addressing the diverse and interconnected needs of patients, and contributes to a more patient-centered and supportive healthcare ecosystem. The Study included HCPs, Patients, Care Givers in the entire spectrum to have a 360 degree holistic approach on the same. Based on our recommendations, the company decided to make the necessary changes and is planning to launch the new services to its clients. The Sections included 1. General Information 2. Program Effectiveness 3. Support Services 4. Accessibility & Convenience 5. Personalised Care 6. Suggestions for Improvement 7. Final Thoughts #prontoconsult #patientcentricity #patientsupport #consumerinsights #indianpharmaceutical #PIE #consumerbehavior #patientsfirst #healthcare #marketaccess #marketforecast #marketingeffectiveness #uaehealthcare #nepalhealthcare Dr. Karishma Shah Dr Hari Natarajan
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Looking forward to co-hosting this HealthXL webinar "The New Frontier of High-Tech and High-Touch in Patient Support Programs" together with Stacey Meltzer Wasserman, CBO at Medisafe® Connected Health Platform Some of the topics we will touch on include: ● Falling Short: Why is there a gap in integrated healthcare services? ● The New Era in Patient Care: What will this look like? How does a combination of high-tech and high-touch care help patients achieve better health outcomes? ● Moving the Needle: What value do #healthcoaches bring to the table? Why does integrating a human element into digital medication management make sense? ● Holistic Management of the Patient Journey: Why should pharma companies prioritize holistic care throughout their patients’ treatment journeys? Sign-up here 👉 https://lnkd.in/dr54UUZr #digitalhealth #pharma #healthcoaching #integratedcare #outcomes
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#DYK In some instances, manufacturer assistance programs secure 100% funding to cover the total cost of a drug? That means the member and the plan have a $0 cost share. Message me to find out how MedImpact Healthcare Systems, Inc. can help your organization realize those savings. #wearemedimpact #atruepartner #medication #healthcare
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#DYK In some instances, manufacturer assistance programs secure 100% funding to cover the total cost of a drug? That means the member and the plan have a $0 cost share. Message me to find out how MedImpact Healthcare Systems, Inc. can help your organization realize those savings. #wearemedimpact #atruepartner #medication #healthcare
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Many people in healthcare misunderstand value. It's not about reducing costs. It's not about "rationing" care. It’s not about restricting access to expensive drugs. It's about incentivizing the use of interventions that improve health outcomes AND that are economically sustainable for healthcare payers and patients. It’s achieved through… Evidence-based care. Applying a consistent and transparent framework when assessing the value of drug therapies. Meaningfully engaging with patients and providers. Systematically considering equity implications in decision-making processes. #valuebasedhealthcare #healthequity #healtheconomics
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PBM Enthusiast | Sales and Biz Dev Executive | Pharmacy Partner & Resource | Go-To-Market Strategy | Sales | Account Management | Business Development | Client Services | Operations | Channel Partnerships | Leadership
The cost 💲 of generic medications can fluctuate significantly 📉📈. At MedImpact Healthcare Systems, Inc. we've developed three innovative solutions to address high-cost generics. These solutions enable us to respond swiftly to price changes and optimize cost-saving opportunities for healthcare payers. #Healthcare Contact me to learn more! #wearemedimpact #atruepartner #utilizationmanagement #HCGs
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