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Estimate Specialty Rx Savings

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You can\'t manage what you can\'t measure. Here\'s a tool for pharmacy directors to help measure and manage specialty pharmacy costs.

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Estimate Specialty Rx Savings

  1. 1. Estimate Savings of moving “Specialty” Rxs from Retail to Specialty pharmacy.<br />An automated “Desktop” solution.<br />Steve Zabriski, Pharmacist, MBA<br />
  2. 2. Background<br />Specialty Rx costs continue to grow faster than other categories.<br />Payors have moved many specialty drugs from the medical benefit to the pharmacy (PBM) benefit for better insight and control.<br />Additionally, many S-Rxs are being moved from retail channels to specialty pharmacies with deeper discounts.<br />Effectively leveraging claim data and desktop tools, pharmacy directors can efficiently monitor savings and identify new opportunities.<br />
  3. 3. Method<br />120,000 specialty Rx claims filled in retail stores at contracted rates were loaded in an Access® database along with pricing proposed by a specialty pharmacy.<br />Excel® & VBA was used as a front-end to automatically pull data from the db and summarize it in tables and charts.<br />Using VBA, a Word® document was automatically created containing the tables and charts along with sales language. <br />
  4. 4. Sample Results (8 Tables and 3 Charts in a new Word document automatically created in under 20 seconds.)<br />
  5. 5. Sample Results (cont’d)<br />
  6. 6. Healthcare data Strategy, Analysis, Reporting, and Automation…<br />For Healthcare Professionals<br /> By Healthcare Professionals<br />We know your business.<br />Steve Zabriski, Pharmacist, MBA<br />Steve.Zabriski@Analytix-HC.com214-893-2416<br />

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