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Improve Employee Health and Save Money with MedSimple TM

Improve Employee Health and Save Money with MedSimple TM. Let’s meet Mike. Mike Diabetes for 10 years On two medications Starts Actos today. Let’s meet Gloria and Mike. Gloria Diabetes for 12 years On metformin and glipizide Starts Lantus today. More rich data on Gloria.

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Improve Employee Health and Save Money with MedSimple TM

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  1. Improve Employee Health and Save Money with MedSimpleTM

  2. Let’s meet Mike Mike Diabetes for 10 years On two medications Starts Actos today Confidential 2012, My Diabetes Home

  3. Let’s meet Gloria and Mike • Gloria • Diabetes for 12 years • On metformin and glipizide • Starts Lantus today Confidential 2012, My Diabetes Home

  4. More rich data on Gloria

  5. Why do patients have trouble taking the meds? I can not keep track of my meds I don’t understand why I take them I can not remember to take them I am tired of taking all these meds I can not afford them

  6. The Challenge of Meds! • 50% of patients with chronic diseases do not take their meds as prescribed1 • Low adherence to diabetes regimens is associated with up to twice the medical costs and twice the hospitalization risk2 1. WHO adherence report. http://who.int/chp/knowledge/publications/adherence_report/en/index.html 2003.2. Sokol MC, McGuigan KA, Verbrugge RR, Epstein RS. Impact of medication adherence on hospitalization risk and healthcare cost. Med Care. 2005;43:521-530.

  7. Cost of Non-Adherence • Greater Adherence To Diabetes Drugs could • Save nearly $5 Billion Annually • Prevent nearly 700,000 ED visits • Prevent 341,000 hospitalizations Greater Adherence To Diabetes Drugs Is Linked To Less Hospital Use And Could Save Nearly $5 Billion Annually. Health Aff (Millwood). 2012 Aug;31(8):1836-46.

  8. Cost of Medication Non-adherence Associated With Diabetes, Hypertension, and Dyslipidemia • Total direct national cost $105.8 billion, or an average of $453 per adult, in 2010 Cost of Medication Nonadherence Associated With Diabetes, Hypertension, and Dyslipidemia, Am J Pharm Benefits. 2012;4(2):e41-e47

  9. CVS Caremark Study on Medication Adherence • Data of 135,000 patients with congestive heart failure, diabetes, hypertension and dyslipidemia • Adherent patients spend as much as $1,000 more on medications • Across the board they spend significantly less for their overall health care costs Medication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-99;

  10. CVS Caremark Study on Medication Adherence • Save as much as $7,800 per patient annually • $7,823 for congestive heart failure • $3,756 for diabetes   • $3,908 for hypertension • $1,258 for high cholesterol Medication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-99;

  11. CVS Caremark Study on Medication Adherence Researchers agreed, “Actively encouraging medication adherence for chronic disease should be a top priority” Medication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-99;

  12. Can Technology improve Medication Adherence? • Four studies with SMS, seven with audiovisual reminders from electronic reminder devices (ERD), and two pager messages • Improved adherence was found in all but one study using SMS reminders, four studies using ERD and one pager intervention The effectiveness of interventions using electronic reminders to improve adherence to chronic medication Am Med Inform Assoc 2012;19:696-704 doi:10.1136/amiajnl-2011-000748

  13. We looked for an App for Meds…

  14. Dose Reminder Apps

  15. Refill Apps

  16. What we found… No Drug info No Money Savings options No comprehensive App Only Apps but not platforms

  17. Then, we found(ed)… Confidential 2012, My Diabetes Home

  18. WHY MedSimple? • Most comprehensive medication management platform on the market. • Customizable employer version with formulary and adherence reporting. • A user friendly tool that simplifies meds for your employee.

  19. MedSimple™ Platform • iPhone • Android • Online • Seamless syncingand integration Confidential 2012, My Diabetes Home

  20. MedSimple™ Platform • iPhone • Android • Online • Seamless syncingand integration Confidential 2012, My Diabetes Home

  21. MedSimple™ : Key Features • Med list on the go • Important Medication Info • Cost savings • Reminders • Dose • Refills • DEMO Confidential 2012, My Diabetes Home

  22. Introducing Insta-Coupons

  23. Instant Coupons

  24. Instant Coupons

  25. Instant Coupons

  26. MedSimple™ on the Web Confidential 2012, My Diabetes Home

  27. MedSimple™ on the Web Confidential 2012, My Diabetes Home

  28. The MedSimple™ Difference • Information for all medications • Not just an App, a complete platform • Available on web • Comprehensive platform unmatched in market Confidential 2012, My Diabetes Home

  29. The Challenge of Meds! I can not keep track of my meds I don’t understand why I take them I can not remember to take them I forget to refill meds in time I can not afford them

  30. Introducing Employer version of

  31. Employer Report • Adherence will be brought to attention

  32. MedSimple Tools for Success • Formulary Management • Formulary alternative recommendations to decrease patient cost, ultimately decreasing employer cost and improving medication adherence • Adherence Questionnaires • Initial and monthly questionnaires structured to address user barriers and concerns • Reporting • Internal reports based upon user-entered data determines employee compliance and adherence rates • Point system geared towards improving user adherence through rewards

  33. Formulary Savings Process • Employee signs into MedSimple, using provided Company Code with first sign-in • Employee will be associated with employer formulary with each subsequent log-in • Employee enters all medications (Rx, OTC, etc) and directions into MedSimple medication list • System automatically reviews each medication entry for cost savings, including formulary alternatives

  34. Formulary Savings Process • Employee is notified of less expensive formulary alternatives via email after initial med entry into medication list • Alternatives will also appear within the employee’s medication list • Employee will see co-pay cost savings and benefit from increase compliance due to better affordability • Employee will receive follow-up questionnaires to assess if have switched to less expensive alternatives

  35. The Old System

  36. The MedSimple System

  37. Adherence Questionnaire • Employee is sent initial and monthly questionnaires • MDH team of experts review questionnaire data and note: • 1. Compliance • 2. Trends • 3. Barriers • This is an evolving process that can change to meet employer needs

  38. Reporting • MedSimple will be able to generate employer reports based on user-entered medication information • Number of medications in each tier • If/when employees takes doses or fills refills • Compliance rates • Days between refills • Cost savings: DEMO

  39. Beginning the Process: E-Code

  40. Formulary Alternative • E-Code Automatic Formulary Input • Direct Cost-savings in the hand of every employee • Employee saves, Employer saves.

  41. Employer Report • Formulary will be auto-generated

  42. We initiate connection and interaction Hear direct from you employees Incentivize employees through a points program Employee’s ICS

  43. Employee’s MCS • We stay in touch • Hear direct from you employees • Becomes instrumental part of MedSimple ROI

  44. Employer Report • Direct to the Employer • Full Analytics • Separate by Department or Individual • Employee Privacy

  45. Points System • Based on user activity, a point system will improve employee compliance through financial rewards • Examples of rewarded user activity: • Med list entry • Using dose and refill reminders • Activating MedSimple coupons • Filling out monthly questionnaires • Utilizing formulary alternatives

  46. Point System • When employee earns required amount of points in required time, they will earn predefined financial reward • Example: patient A accrues 900 points within 365 days and enters them into online database as required and when company is notified by MedSimple of completion they earn $100 bonus to be received on their next paycheck • Total point goals and rewards can be customized by employer • Users can use any device/computer to participate in MedSimple and to track points • www.mydiabeteshome.com; • A how-to document will assist users

  47. My Diabetes Home™ Future Next few Products • Lab Tracker in Fall 2012 • Visit Optimizer in Fall 2012 • Glucose logs and insulin calculators – Jan 2013 • Personalized website - 2013 Confidential 2012, My Diabetes Home

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