Feb 25, 2014, 00:00
by
Michael Croft
ROCKVILLE, MD, UNITED STATES - Feb 25, 2014 - DrFirst (HIMSS Booth #1891), a leading provider of healthcare IT solutions designed to improve clinical outcomes for patients, announced today that its new pharmacy savings program offered within the company’s Patient Advisor℠ medication adherence platform has delivered an estimated $21 million in prescription savings opportunities in its first three months of operation
Data Demonstrates Significant Potential
for Reducing Medication Non-Adherence Among Patients Who Have
Difficulty Affording Medications
ROCKVILLE, MD, UNITED STATES - Feb 25, 2014 - DrFirst (HIMSS
Booth #1891), a leading provider of healthcare IT solutions
designed to improve clinical outcomes for patients, announced today
that its new pharmacy savings program offered within the company's
Patient Advisor℠ medication adherence platform has delivered an
estimated $21 million in prescription savings opportunities in its
first three months of operation. The savings stem from 1.34 million
discounted prescriptions issued to patients who do not have
prescription drug insurance, an average savings of $23.93, or
approximately 39%, per qualifying prescription.
According to recent studies, low rates of medication adherence
result in an increased risk of hospitalizations and hospital
readmissions, and cost the healthcare system up to $317 billion
annually in unnecessary costs. A patient's inability to afford
medication is a leading contributor to this problem, particularly
among patients without prescription drug insurance coverage.
DrFirst's Patient Advisor platform provides physicians with
comprehensive data regarding their patients' medication adherence
rates, as well as educational tools, and coupons in addition to its
new pharmacy savings program. These features have been developed to
ensure that physicians can be certain that their patients are fully
informed about their medical conditions, while also having access
to additional support in self-managing their health.
"We are very proud to offer this program to patients who have
the greatest need for assistance. We are committed to empowering
providers at the point of doctor-patient encounter by providing
tools that improve patient outcomes. That's at the heart of
everything that we do here at DrFirst," said James F. Chen,
chairman and CEO of DrFirst. "We look forward to seeing the full
impact that our new pharmacy savings program will have as we begin
to expand the number of patients to whom we offer savings and as
more physicians and patients become aware of these new features and
benefits."
The Patient Advisor Pharmacy Savings Program is a new feature in
Patient Advisor and is the only program of its type that is
delivered digitally within the provider's e-prescribing workflow.
The program is targeted at patients who have little or no
prescription drug coverage and who might otherwise struggle to
purchase their medications. In order to pair the cost savings of
its pharmacy savings program with patients who lack prescription
drug coverage, Patient Advisor verifies insurance eligibility and
formulary information for each patient instantly based upon the
medication prescribed by the provider. The discount information is
sent electronically together with the prescription to the patient's
pharmacy of choice.
"One of the major issues driving healthcare reform has been the
need to improve the quality of care and the responsiveness of the
healthcare industry to patients' needs," said Chris Cresswell,
general manager of Patient Innovations at DrFirst. "Improving
medication adherence rates is a major part of that equation, and
that's why DrFirst continues to deliver innovative medication
adherence solutions through our Patient Advisor platform. These
solutions are designed to reduce barriers for patients and to
empower physicians to actively engage with their patients to ensure
that each patient is able to complete treatment plans as the
physician intended."
DrFirst's Patient Advisor medication adherence platform is
integrated within the company's Rcopia® e-prescribing system as
well as in the systems of EMR and EHR systems that partner with
DrFirst.
About DrFirst
DrFirst pioneers technology solutions that inform the
doctor-patient point of encounter, optimizing provider access to
patient information, enhancing the doctor's clinical view of the
patient, and improving care delivery and clinical outcomes. Our
growth is driven by a commitment to innovation, security, and
reliability across a wide array of services, including Medication
Management, Medication Adherence, and Secure Communication and
Collaboration. We are proud of our track record of service to more
than 300 EMR/EHR/HIS vendors and an extensive network of providers,
hospitals and patients. For more information please visit www.drfirst.com.