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Grow Your Business Through Medication Adherence

Parata Systems
Jun. 25, 2015
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Grow Your Business Through Medication Adherence

  1. Grow Your Business through Medication Adherence McKesson #ideaShare2015
  2. 2 An adherence program can: • Improve adherence and outcomes • Impact Star Ratings • Increase revenue from existing patients • Attract valuable new patients
  3. 3 4 – Step Adherence Program 1 2 3 4 Identify Recruit Conduct Sustain
  4. 4 We are PrescribeWellness Tony Chow, Business Development Specialist
  5. 55 What We Deliver Leverage Technology Enabled Med Sync
  6. 6 What We Deliver Leverage Technology Enabled Med Sync 6 StarWellness NCPA, APhA, and NASPA are promoting it
  7. 77 StarWellness Leverage Technology Enabled Med Sync Revenue Per Patient Enrolled in Med Sync $200 - $260 3.4 visits per year x 5.9 average scripts per patient = 20 additional scripts per patient per year
  8. 8 Patient Engagement Center 8
  9. 9 Identifying Patients: Star Ratings 9
  10. 10 StarWellness: Identify 10
  11. 11 StarWellness: Recruit 11
  12. 12 StarWellness: Conduct 12
  13. 13 StarWellness: Sustain 13
  14. 14 4 – Step Adherence Program 1 2 3 4 Identify Recruit Conduct Sustain
  15. 15 Maximize Your Adherence Program Comprehensive Medication Review Synchronization PASS Packaging 15
  16. 1616
  17. 1717 Parata PASS Pack ®
  18. 1818 Before PASS With PASS 1 Existing patients 1 5 Scripts per patient 8 $10 Profit per prescription * $10 0 OTC per patient 4 $3 Profit per OTC * $3 9 Fills per year 12 $450 Profit per year * $1,104 Difference in profit per patient per year * = $654 Larger profits — in the bag.
  19. 19 Let’s talk about your plan. See the power of PrescribeWellness in a demo. Learn how you can grow with Parata PASS. 19

Editor's Notes

  1. Intro Name/Company Partnership-Parata/PW-1 year free Everyone here trying to address compliance, loyalty, star ratings
  2. Since here at Parata booth looking to purchase a Parata Machine -Not only the best machine/ will receive PW StarWellness program Who is doing med sync today?
  3. -congratulate those doing med sync -lots of moving pieces, done right profit/heathier patients/star ratings -NCPA etc promoting it
  4. -Financial benefits of med sync -imagine going back to pharmacy making extra 200-260 -question not med sync work or not (scale/sustain/incorporate successfully) -PW med sync easy simple -4 buckets (what allows us is integration with pharmacy system) -Great system pill centric to patient centric, PW provide data on nice cake dish
  5. Missed opportunities/top demographics
  6. Star ratings-sync patients
  7. Traditional-see patient often sync patient Who else is a good patient? Click a few buttons to identify-save time
  8. Traditional-sign in front of door, click one button communicate patient
  9. Traditional-calculating manually, click one button
  10. Sustain-big desk calendar/electronic calendar Fill/pick up -can do demo after presentation -lots of changes in industry, boils down to performance, Parata + PW = best action plan -pass over to Parata
  11. * For the purpose of this tool, we are defining "profit" as your prescription and OTC sales minus the cost of goods sold.
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