Supporting Individuals with Intellectual and Developmental Disability During the First 100 Days of the COVID-19 Outbreak in the U.S.
BrightSpring Health Services Chief Medical Officer Dr. William Mills presents on BrightSpring's ongoing response to COVID-19 and how the organization is mitigating risks for our patients, clients, and team members.
2. Welcome
Company Overview
COVID-19 Update
Q&A
Summary and Next Steps
John.Mudgett@rescare.com
AGENDA
3. Behavioral Health
Neuro Therapies
(Rehab)
Specialty Drugs
Home Health Care
Home Infusion
Leading Provider of Diversified Home and
Community Health and Pharmacy Services
to Medically Complex Patient Populations
330,000+ patients served daily across 50 states
9,000+ clinical providers and pharmacists serving ~ 6,400+ facilities
Company Uniquely Provides a Full Spectrum of Services to High Cost and “Must-Serve” Seniors and Specialty
Clients / Patients with Significant Life-Long Chronic Health Needs
Skilled Nursing, Senior Living,
Hospital & Other LTC Pharmacy Services
Behavioral (I/DD) Pharmacy
Workforce Rehabilitation
COMPANY SNAPSHOT
4. LEGACY VALUE SYSTEM DRIVES STRONG COMPANY CULTURE
Mission, Vision and Values
“The leading provider of comprehensive home and
community based health services to complex populations”
“Making a difference in people’s lives and communities”
“Helping people live their best life”
VISION MISSION
LEGACY: Values and Core Behaviors
LEGACY Leadershipand ManagementSystem:
for FOCUSon the SuccessFactors of a Business
Over 20,000 peer-to-peerLEGACY recognitionsmade
to date across the company – recognizingcore behaviors in practice
11 DSPs won ANCOR’s “DSP of the Year” Award
Over 150 “Working Smart, Doing Good” Caregiver Profiles
New “Summit Award” and “Legacy of Care Award” Programs
S
Systems (Tools and Technology)
Leadership
(LEGACY Starts with Leadership)
F
First in
Quality
O
Operational
Excellence
C
Customer
Growth
People
U
YOU!
Training
Management Practices
Leadership:Be a Servant Leader
Everyone is a leader. Establish purpose and coach to make others better.
Environment:People FocusedEnvironment
Collaborate among a trusting team. Reward good performance.
Get Going:KnowYour Business
Think. Plan. Act. Take action to set and hit goals.
Attitude:See thePossibilities
Take a positive, can-do approach, because that is contagious.
Communication:Everyone in the Know
Coordinate through communicating, so people know what’s going on.
You: Be an Example
Stop and reflect. Set high standards, but note progress and the good.
L
E
G
A
C
Y
Over 20,000 peer-to-peer LEGACY recognitions made
to date across the company – recognizing core behaviors in practice
11 DSPs won ANCOR’s “DSP of the Year” Award
Over 300 “Working Smart, Doing Good” Caregiver Profiles
New “Summit Award” and “Legacy of Care Award” Programs
5. DIFFERENTIATED PLATFORM AND CAPABILITIES
Providing Pharmacy and Provider Services to the Highest Cost and Most Complex Populations
Seniors
Specialty
Populations
Pharmacy and Health Services Provider Company delivering daily non-clinical, daily pharmacy, and clinical
services and care management services – all of which are required to support complex populations
Daily Non-Clinical(ADL) Supports
Daily Medication Management
Clinicaland Care ManagementServices
Pharmacy
Solutions
Home and Community
Health Services Provider
&
6. QUALITY 1ST FRAMEWORK
Enablers Driving Quality
Quality 1st Framework
Culture and Auditing
“LEGACY” and "STARS"
Recognition programs
Accreditation
Ongoing/Targeted audits
Site review frequency, checklist,
and data entry
Training
Site Review Certification
Position Specific Training
Online Training; PMC Univ.
Ongoing Education Series
Ongoing Health Services Training Series
Pharmacist, Nurse Consulting Services
Technology
Site Review App
Telecare; PERS
EHRs; QuickMAR (Rx)
ViewMasteRx
RxAllow and
RxForecaster
Data Analytics
Quality Review & Improvement
Committee
Critical Incidents
Best-In-Class Scores
New Site Review Scores
Risk tiering sites with a QAPI focus
External survey and satisfaction results
Signature Programs
You're Safe – I'm Safe
Fall, Pneumonia Prevention
Behavior Support
Food Preparation
Safe Home, Dementia Care
RxNow, RxSentry
TransitionRx, DischargeRx
Committed to continuous quality and safety improvement demonstrated by significant investments
7. QUALITY HIGHLIGHTS
Strong Clinical and Quality Measures Across All Businesses that Exceed National Averages
Neuro Therapies (Rehab)
Outstanding Value and Clinical Improvement Results:
40% - 70% reduction (53% combined average in Q3) in
percent of patients requiring 24 hour supervision
45% - 75% (58% combined avg in Q3) increase in
percent of patients who can be left alone for 8 hours
25% - 30% improvement in MPAI-4 (Mayo-Portland
Adaptability Inventory) scores on key measures
100% of H&C programs received CARF Accreditation
Satisfaction Scores: 99.1% Very Satisfied / Satisfied
Strong Key Performance Measures in Creating Jobs:
Four years of improving performance (84% in Q4)
95% Customer Satisfaction
Strong data in Entered Employment, Retained
Employment, Earnings, Attainment of Degree /
Certificate, and Literacy and Numeracy Gains
Service Delivery (Performance Management) Team
Leading Manager training program
Behavioral
(1) “NPS” is Net Promoter Score; NPS range is -100 to +100, therefore a “positive” score above 0
is considered “good,” +50 is “excellent,” and above 70 is considered “world class.”
Industry Leading Investments in Quality and Monitoring
Drive Top Results in Care that Dramatically Reduces Cost:
4.3 satisfaction / likelihood to recommend (out of 5)
Behavioral Therapy Satisfaction Scores: 93% Very
Satisfied / Satisfied (90% Very Satisfied); 72% NPS(1)
35% zero deficiency surveys
> 50,000 home / site reviews per year
New Clinical oversight model rolled out in several states
QuickMar (eMAR) and EHR implementations
Monitor behavioral incidents: <3% (# of events per qtr /
census), supported by world class de-escalation training
Implementing new clinical coordination and oversight
w/PREDICS: a proprietary predictive care planning
model
Clients spend an
average of 360
managed days
at home
Hospitalization
rate < 1%
Workforce Services
8. Ensure that Clients are Engaged Daily in the Patient Care Network through a Multitude of Unique Pharmacy Services
Medication Availability
RxNow
EMR/EHR Interfaces
Electronic Prescribing
Show ‘n Tell
ViewMasteRx
TransitionRx
DischargeRx
RxSentry
Cost Containment
PharMerica Formulary
RxAllow
RxForecaster; RxExact
Quantity Limit Program
Global Authorizations
Split Billing
Part D Plan Alerts
ViewMasteRx
Compliance & Education
Pharmacist Consulting
EMR/EHR Interfaces
RxNow
EZ-MAR
Medical Records
Clinical Focus Areas
Nurse Consulting Services
PMC University
Extensive pharmacy offering and requirements across every client and patient served is a critical link between daily non-
clinical services and periodic clinical services that drives improved outcomes and lower hospitalizations
Industry leading solutions to ensure accurate and timely access to medications, control pharmacy costs, and support
customer education and remain in compliance with state and federal regulations
Industry Leading Service Metrics Supported by a Unique Set of Value-Add Customer Products that are Differentiated
99.998% Order Accuracy;
99.64% Order Completeness;
97.33% On-Time Delivery;
Comprehensive and Real-Time Reporting
89.59% Generic Dispensing Rate;
Savings Per Rx: $25 on Therapeutic Interchanges,
$22 from Split Billing, $21 from DischargeRx;
$1.06 PPD Quantity Limit Program Savings;
$0.10 Part D/MCD Non-Covered Charges
Implementations Rated 4.8 (out of 5);
Reduced F-Tags (below national average);
Antibiotic Stewardship and Antipsychotic
Reduction clinical programs
BrightSpring-PharMerica has a Leading Pharmacy Platform
that Connects Care Delivery Ecosystem
9. I/DD PHARMACY OVERVIEW
Pharmacy presence serving the in-home pharmacy needs
of individuals with I/DD and other Behavioral Health /
Mental Health conditions
Provides services to both affiliate and non-affiliate clients
Services the majority of BrightSpring’s 24/7 Behavioral
Health population
Non-affiliate represents greater than 60% of all
persons served
PharMerica’s national institutional pharmacy platform
creates meaningful growth opportunity by leveraging
BrightSpring’s expertise serving the I/DD population
Allows for expansion of I/DD pharmacy capabilities
through existing PharMerica footprint
Significant benefits of scale and COGS-related synergies
easily achievable in I/DD Pharmacy
Key I/DD Pharmacy Stats
Patients with Three or More
Chronic Conditions57%
Average Number of I/DD
Patient Prescriptions
9
Total I/DD Patients (1)
687K
(2)
1. Represents I/DD patients in Supervised Residential Settings, which is BrightSpring’s expertise
2. Represents incremental $15MM EBITDA opportunity for I/DD pharmacy (represents potential I/DD patient capture by PharMerica pharmacies)
10.
11. Company has been monitoring and managing the COVID-19 situation daily since February
New policies, protocols, training, and communications implemented across the enterprise, specific
to COVID-19
Infection control measures, including limiting and stopping travel early on, shifting to remote work,
and implementing guidelines for meetings
Dedicated team has worked to procure, distribute and train PPE and related supplies
Mandated visitor screenings and employee self-screenings and reporting daily
New tracking tools created
Management of employee and client/patient at-risk and sick situations, and sick leave and pay
IT support for tools, enabling remote work, etc.
Case identification and triage supported by nurse-led quality team
Quality team led Preparedness and Crisis Plans; Desktop Drills conducted
Partnered with states on key regulatory and funding considerations
Four peer-reviewed scientific papers published on our response thus far
OVERVIEW OF COVID-19 RESPONSE
12. The Committee’s mission is to prepare for potential outbreaks, and to act when necessary to protect, support
and serve our patients, clients and employees, embodying the following guiding principles:
− Preparation
− Reassurance
− Evidence-based Action
− Coordination
− Communication
− Support
A comprehensive “BrightSpring-PharMerica Enterprise Outbreak Plan” was created and is regularly updated,
August 1, 2020 version available here
OUTBREAK PREPAREDNESS AND ACTION COMMITTEE
13. OUTBREAK COMMITTEE CADENCE
Daily
− Monitor Johns Hopkins COVID-19 Tracker and CDC and WHO Situation Rooms
− Monitor internally-developed COVID-19 tracking and screening app data
− Communications with Outbreak team and operational leadership
Weekly
− Executive team live 5pm update and planning
− Company-wide email communications
− Communications with business segment leaders on preparedness and mitigation planning
Every Other Week
− Full Outbreak Committee meeting
− Update to Executive Committee
14. INTERNALLY DEVELOPED COVID-19 TRACKING & DATA VISUALIZATION APPLICATION
Each new case entered into the tracker auto triggers response from nursing / quality team who then reaches
out to local operations to coordinate the response (triage, infection control, staffing, PPE plan)
15. INTERNALLY DEVELOPED EMPLOYEE SYMPTOM SCREENING APPLICATION
Any temperature of 100○
F or higher or a positive symptom screen auto triggers notification of the employee’s
supervisor
16. OVER ONE HUNDRED TWENTY COVID-19 EDUCATIONAL RESOURCES DEVELOPED
Live infection control sessions open to all employees have been conducted since February
17. NEW PATIENT/CLIENT DAILY CASES OF COVID-19 WITH 5 DAY MOVING AVERAGE
0
2
4
6
8
10
12
14
Number of New Daily Patient or Client Cases
With 5-day Moving Average
18. CUMULATIVE PATIENT & CLIENT CASES OF COVID-19
FIRST CASE THROUGH AUGUST 9, 2020 WITH 30-DAY FORWARD PROJECTION
y = 99775ln(x) - 1E+06
R² = 0.9728
1
10
100
1000
3/17/20
3/24/20
3/31/20
4/7/20
4/14/20
4/21/20
4/28/20
5/5/20
5/12/20
5/19/20
5/26/20
6/2/20
6/9/20
6/16/20
6/23/20
6/30/20
7/7/20
7/14/20
7/21/20
7/28/20
8/4/20
8/11/20
8/18/20
8/25/20
9/1/20
9/8/20
19. Since the COVID-19 pandemic began in early 2020, BrightSpring-PharMerica has focused
on implementing best practices in infection control, visitor management, employee
screening, and streamlined reporting and triage protocols to optimally support clients,
patients, employees, families and communities.
To date, we have experienced an overall infection rate of less than one percent
We have reported our preparation plan, tactics, experience and data in numerous peer-
reviewed research publications (next slide), and the World Health Organization, the
International Long Term Care Network, and the London School for Economics have
included our publication(s) in their policy briefs
SUMMARY OF COVID-19 RESPONSE
20. LEADING THE WAY IN OUTBREAK SUPPRESSION: PUBLISHING OUR
OUTCOMES IN FOUR DIFFERENT SPACES IN LEADING PEER-REVIEWED JOURNALS
Intellectual/Developmental Disability Home Health Care/Personal Home Care
Primary Care and Assisted Living Pharmacy and Long Term Care
* #2 Most Read Article in the Journal in the last 6 mo **Top 5% of all Research Articles EverTracked by Altmetric *
21. In the 100-day period between 20 January 2020 and 30 April 2020, we provided
continuous support for 11,540 individuals with IDD.
64% of the individuals were in residential, community settings, and 36% were in
intermediate care facilities.
The average age of the cohort was 46 ± 12 years, and 60% were male.
122 individuals with IDD were placed in quarantine for exhibiting symptoms and signs
of acute infection such as fever or cough.
66 individuals tested positive for SARS-CoV-2, and their average age was 50.
The positive individuals were located in 30 different homes (1.3% of total) across 14
states.
15 homes had single cases, and 15 had more than one case.
JOURNAL OF INTELLECTUAL DISABILITY RESEARCH
22. HOW COVID-19 POSITIVE PEOPLE WITH IDD FARED IN THE FIRST 100 DAYS
Strong infection control and outbreak mitigation tactics
have led to low infection, hospitalization and fatality rates
24. Headlands Research, a clinical trial site company that conducts clinical trials at its sites
throughout North America, has been selected for multiple COVID-19 vaccine and treatment
trials, and is offering the opportunity to BrightSpring-PharMerica employees.
If you qualify to participate, there’s no cost to you. Compensation will be offered to trial
enrollees.
These vaccines do NOT contain the live virus. Instead, they activate the immune system to
produce antibodies against certain components of the SARS-coV-2 virus.
Participants must complete follow up (symptom questionnaires, blood tests, etc.), but other than that they
should plan to go about their regular business living their lives. There is NO specific viral challenge in these
studies. People may be exposed or not exposed based in the communities in which they live and through their
regular daily activities. As such, there wouldn’t be any specific or additional risk to our
clients/patients/employees from employee participation.
VOLUNTARY COVID-19 VACCINE TRIAL OPPORTUNITY
25. Outbreak Impacts Expected to Have Longer Term Benefits to BrightSpring-PharMerica
Interdisciplinary team quickly developed strategy and executed on tactics to suppress virus
transmission
Intranet education and My Policies built out (over 120 resources)
Enhanced Enterprise wide-infection control policy, live, cross country education roll out
Consolidated Crisis Communications
Tracking of Enterprise-wide average daily census of cases
Development of a Central Supply function and mass procurement and distribution of scarce PPE
supplies
Agile, rapid development and launch of three new technologies within four weeks (COVID-19
tracking, Employee Screening app, Enterprise “War Room” Business Intelligence dashboard)
Enterprise location map
Development of Point of Care Diagnostic Testing Capabilities
Telehealth offerings expedited
Use of Novel Predictive Modeling (community-based thermometers to predict outbreak clusters,
hospital utilization models, etc)
POSITIVE LONG TERM BUSINESS IMPACTS FROM OUTBREAK RESPONSE
26.
27. Welcome
Company Overview
COVID-19 Update
Q&A
Summary and Next Steps
John.Mudgett@rescare.com
AGENDA
Editor's Notes
4,500 BrightSpring per Jim email (1/7 – 12:54PM) + 1,036 Missing RAP File
2018E Financials
~$2.5Bn revenue
~$190MM in PF Adj. EBITDA
Source: Project Cardinal Financing Case p. 4
Dispenses ~[31]MM prescriptions per year through 96 institutional pharmacies, 20 specialty infusion centers and 5 specialty oncology pharmacies in 45 U.S. states
Source: PharMerica Public Lender Presentation p. 16
~15% market share in institutional pharmacy
One of only two institutional pharmacies with national scale and presence
Source: PharMerica Public Lender Presentation p. 25
2018E Financials
~$2.5Bn revenue
~$150MM in PF Adj. EBITDA (1) 19,400 FTE; 4,300+ in Clinical
Source: Project Cardinal Financing Case p. 5
Provides clinical and non-clinical services to more than 65,000 people daily across over 3,000 facilities in more than 40 U.S. states
Source: Project Cardinal Management Presentation p. 9
4,500 BrightSpring per Jim email (1/7 – 12:54PM) + 1,036 Missing RAP File
19,000 ALF providers nationally (~1.1MM beds)
Source: KKR email from 12/13/2018 10:51am
PharMerica currently in 600+ facilities and expect 15-20% of forward sales pipeline to be dedicated to this channel
ALFs Represent ~$4Bn Revenue / $300-400MM EBITDA Opportunity
Source: KKR email from 12/13/2018 10:51am