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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.

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Presentation Transcript

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ROI Challenge

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

-John Maynard Keynes


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Understanding the Supply Chain

PharmaMfr

PharmaMfr

PharmaMfr

Wholesaler

Mail Pharmacy

Retail Pharmacy

Retail Pharmacy

Pharmacy Benefit Manager (PBM)

Plan Sponsor

On-Site Pharmacy


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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



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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





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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


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Example Price Comparisons

*All examples are for 30-day supplies



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