INTELLIGENCE IN ACTION

How One to Two Seconds Can Improve Patient and Physician Lives

January 15, 2020

As a physician, I’m very familiar with this scenario. You see a patient and prescribe a medication. They show up at the pharmacy to pick it up only to learn they can’t afford it. The pharmacist calls you for an alternative. And you have to revisit the patient chart hours, sometimes days, after they’ve left your office, starting the whole process over again.

To help physicians, we compiled a short video series. In it I talk about how price transparency tools can eliminate rework and unnecessary prior authorizations—as well as sticker shock—by allowing you and your patient to quickly see out of pocket costs at the point of care.

The series includes four episodes on a number of topics, including:

  • Using your EHR to choose the most affordable medication
  • Using your EHR to talk with patients about drug costs
  • Preparing for 2021 CMS price transparency requirements
  • Avoiding burnout by eliminating rework

Since 10% of patients who abandon their medication do so because of cost, having a tool like Surescripts Real-Time Prescription Benefit that delivers patient-specific medication price transparency at the point of prescribing, is critical.

Spoiler alert: here’s how it works:

  • Within your EHR, select the drug, dose, quantity and pharmacy
  • Within 1-2 seconds, your EHR will present to you the patient’s direct out of pocket cost based on benefit design, deductible, and pharmacy chosen
  • You’ll also see alternatives that may be lower cost and don’t require prior authorization

Watch the video series to find out how you can improve medication adherence and decrease patient out of pocket costs by working with your patients to make the most informed decisions, together, at the point of care.

Related Articles

February 18, 2020

Patients Are Ready to Talk Dollars with Their Doctors

With more skin in the game than ever before, patients are becoming savvy, engaged and discerning consumers. They know that the name-brand drug with the $300 monthly price tag may not be the only option. They want a healthcare provider who has the information needed to compare and guide them to alternatives that achieve the same or similar outcome. Read more...
February 13, 2020

7 Secrets to a Successful EHR Relationship

In any relationship, there is a give and take between both partners. To succeed long-term, finding the right balance of give and take is essential, even between prescribers and their electronic health records (EHR) vendor Read more...
January 28, 2020

ZIP Code v. Genetic Code: How Health Plans Can Use Technology to Address the Social Determinants of Health

When it comes to the state of our health in the U.S., the playing field is anything but level. Study after study has shown that life circumstances, such as access to adequate food, education and healthcare, have a bigger impact on our health than our genetic makeup. In other words, our healthcare destiny may depend more on our ZIP code than our genetic code.

Read more...

INTELLIGENCE IN ACTION, DELIVERED TO YOUR INBOX