Adding more and spending less in your rx benefit
Download
1 / 12

Adding More and Spending Less in Your Rx Benefit - PowerPoint PPT Presentation


  • 370 Views
  • Uploaded on

Adding More and Spending Less in Your Rx Benefit. ROI Challenge. “’Long Run’ is a misleading guide to current affairs. In the long run, we are all dead.” -John Maynard Keynes. Understanding the Supply Chain. Pharma Mfr. Pharma Mfr. Pharma Mfr. Wholesaler. Mail Pharmacy. Retail Pharmacy.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Adding More and Spending Less in Your Rx Benefit' - Sharon_Dale


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

Roi challenge l.jpg
ROI Challenge

“’Long Run’ is a misleading guide to current affairs. In the long run, we are all dead.”

-John Maynard Keynes


Understanding the supply chain l.jpg
Understanding the Supply Chain

PharmaMfr

PharmaMfr

PharmaMfr

Wholesaler

Mail Pharmacy

Retail Pharmacy

Retail Pharmacy

Pharmacy Benefit Manager (PBM)

Plan Sponsor

On-Site Pharmacy


The case city of chattanooga l.jpg
The Case - City of Chattanooga

2,300 employees

Established Wellness Program

Established On-Site Clinic

Double-Digit Rx Increases 3 out of 5 Years Prior



Milestones l.jpg
Milestones

August 2010

2010 - $650k YTD savings. Total Savings = $1.49 M

September

City selects OSRx to provide services

March

40% of Rx’s are being filled at the EE Pharmacy

September

Renovations complete & OTC is offered

December

4Q09 On-Site pharmacy utilization = 55%!

2009

2008

2010

December

OSRx opens Employee Pharmacy

July

City Breaks Even! Savings have offset expenses

October

Survey says “Very Good” or “Excellent”

January

Over$840,000 in drug savings $355,000 Net Savings





Convenience allegiance savings l.jpg
Convenience, Allegiance, Savings

  • Top Ranked Places to Work…

  • ….all have some convenience on their campus.

“This pharmacy is one of the best things ever done for city employees and their family.”

-Survey Response from City of Chattanooga


Example price comparisons l.jpg
Example Price Comparisons

*All examples are for 30-day supplies



ad