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Estimate Specialty Rx Savings
1. Estimate Savings of moving “Specialty” Rxs from Retail to Specialty pharmacy. An automated “Desktop” solution. Steve Zabriski, Pharmacist, MBA
2. Background Specialty Rx costs continue to grow faster than other categories. Payors have moved many specialty drugs from the medical benefit to the pharmacy (PBM) benefit for better insight and control. Additionally, many S-Rxs are being moved from retail channels to specialty pharmacies with deeper discounts. Effectively leveraging claim data and desktop tools, pharmacy directors can efficiently monitor savings and identify new opportunities.
3. Method 120,000 specialty Rx claims filled in retail stores at contracted rates were loaded in an Access® database along with pricing proposed by a specialty pharmacy. Excel® & VBA was used as a front-end to automatically pull data from the db and summarize it in tables and charts. Using VBA, a Word® document was automatically created containing the tables and charts along with sales language.
4. Sample Results (8 Tables and 3 Charts in a new Word document automatically created in under 20 seconds.)
6. Healthcare data Strategy, Analysis, Reporting, and Automation… For Healthcare Professionals By Healthcare Professionals We know your business. Steve Zabriski, Pharmacist, MBA Steve.Zabriski@Analytix-HC.com214-893-2416