Payers are under constant pressure to manage costs in the pharmacy arena. In the current structure of the market, though, Pharmacy Benefit Managers (PBMs) control the bulk of pharmacy benefit data. This can make it difficult to accurately assess your performance, and even more difficult to implement improvements.
Veradigm Pharmacy Analytics (formerly Calcul8Rx) provides you greater transparency into your pharmacy benefit program. Its reporting, benchmarking, and analytics functions allow payers to take a tailored approach to improving the effectiveness and affordability of the pharmacy benefit.
Veradigm Pharmacy Analytics can help you:
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The broad data visibility provided by Veradigm Pharmacy Analytics lets you take control of your pharmacy benefit reporting, benchmarking, and analytics. Veradigm Pharmacy Analytics provides point and click drill-through capability so you can view more information about members with different levels of per member per month drug spend. Veradigm Pharmacy Analytics also provides you with the information you need to identify and target specific costs in your pharmacy benefit program so you can start reducing expenses. For instance, Veradigm Pharmacy Analytics identifies unit cost overcharges by your PBM, typically 5-8% of pharmacy spend, using best in industry National Drug Code (NDC) level external benchmarks.
Veradigm Pharmacy Analytics also provides you with access to the data source file, which you can save and process with your own data analysis programs. It offers a full spectrum of data availability and analysis.
Discover What Veradigm Pharmacy Analytics Can Do for Your Pharmacy Benefit Management
Veradigm Pharmacy Analytics consolidates information about prescribers and members’ prescriptions that allow you to answer questions such as:
Help improve patient care by analyzing the medication profiles of patients with complex chronic conditions. Veradigm Pharmacy Analytics supports clinical management programs such as formulary adherence, medication therapy management, enrollment in disease state management programs, brand to generic transitions, preferred brands, and more.
Veradigm Pharmacy Analytics top-of-the-industry analytics enables you to:
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