* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download OptumRx - National Labor and Management Conference
Survey
Document related concepts
National Institute for Health and Care Excellence wikipedia , lookup
Pharmacogenomics wikipedia , lookup
Prescription costs wikipedia , lookup
Specialty drugs in the United States wikipedia , lookup
Prescription drug prices in the United States wikipedia , lookup
Transcript
Health Care Connected: Next Generation Pharmacy February 13, 2016 2015= Hepatitis C $$$$ 2016 and Beyond: Strategies to control Specialty Drug cost and improve outcomes Pharmacy impacts all health care costs Pharmacy represents 20% of health care costs … yet it can dramatically affect the other 80% of spend Missed Opportunities 50% of medications 20 50% of patients 19% are not taken as prescribed2 Fragmented Experience & Care % Generics Brands Specialty 81% 46% leave doctor not understanding what they were told1 Increased Cost 35% $54B increase in specialty pharmacy costs over last 5 years3 18% 1% Use Cost 1. AHIP Coverage, 2013; 2. Kaiser/HRET Survey of Employer Health Benefits, 2013; 3. IMS Health, National Sales Perspectives, Dec 2014; 4. IMS Institute for Healthcare Informatics. Avoidable Costs in U.S. Healthcare. 2013 3 Clinical Solutions Standard Toolkit Innovation ‘Now’ • Standard Formulary Suite • Transitional Care Readmission Prevention • Utilization Management • Tech-Enabled Diabetes Care Mgmt • Concurrent DUR • Outcomes-Driven PhRMA Contracting • Retrospective DUR • Multidimensional Specialty Care Management • Fraud Waste & Abuse Mgmt • Adherence Monitoring & Intervention • Care Gap Impact • Prospective Pipeline Review, Forecasting & P&T Deliberation • Therapeutic Interchange • SECURE Compound Mgmt Program & Industry’s 1st & Only Credentialed Compound Network • High-Risk Meds in Elderly • Patterns of Care Provider Profiling • Provider Profiling • Generic Inflation Solution Suite • Medication Therapy Management 4 Medical utilization management CONTINUED MANAGEMENT OF THE MOST EXPENSIVE MEDICATIONS Today Tomorrow • 28 drug policies - over 100 drugs • Implementation of new drug polices • Prior authorization with medical necessity • Expansion of genetic testing and lab value requirements • Preferred products • Redirect to lower-cost sites • Clinical claim edits • Administrative guide protocols • Required specialty pharmacy sourcing • Expansion of preferred products across benefits • Expansion of redirection to lower-cost sites of services • Expansion of utilization management programs 5 Expansion of medical necessity NOTIFICATION / PRIOR AUTHORIZATION MEDICAL NECESSITY Coverage is based on approved or proven uses of the medication Coverage is approved if treatment is deemed medically necessary Drug Diagnosis Dose Duration Genetic Testing Dose Titration Evaluation of Response Treatment Guidelines Preferred Product Site of Service Expanded clinical and cost effectiveness review with medical necessity vs. traditional approach 6 Improving patient well being Smart touch approach to patient care BETTER CARE THROUGH DATA AND ANALYTICS 8 BriovaLive™ INCREASED COMFORT AND ADHERENCE THROUGH VIDEO CONSULTATIONS 9 BriovaLive™ Our video consult capability provides education with a personalized touch • Review medications & supplies • • • Assemble device (if needed) • • Injection training • • Storing procedures Side effects Drug interactions Questions Support & reassurance 7% improvement in adherence after participating in a video consultation.* *Catamaran/BriovaRx study 10 BriovaCommunity™ GREATER UNDERSTANDING THROUGH PERSONALIZED VIDEOS 11 BriovaCommunity™ Tailored websites and videos to help members better understand their conditions and live healthier lives 10% Better persistency and adherence for Harvoni patients using BriovaCommunity™* Information on conditions and treatments Tips on medication adherence and side-effect management Guidance on diet, meditation and other lifestyle topics Introduction to BriovaRx® care team members Advice from expert physicians and clinicians Testimonials from peers with similar illnesses *internal analysis 12 Specialty Drug Strategies for Fund Trustee Consideration • Assure Current Plan Design and Administration is addressing : - Priior Authorization - Step Therapy - Quantity Limits - Site of Service - Rebate transparency • Leverage International Union PBM programs - Preferred pricing - Contract terms - Service Model • Explore Regional Labor Alliances - Coalition pricing - Audit rights - Contract terms 13