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Clinically Speaking Newsletter:
October Issue

Issue 4: October 2024
Clinically Speaking, There is a Difference in PBMs

Industry-Leading, Clinically-Driven Results

  • 15% Average Year 1 PMPM Reduction
  • 88% physician engagement rate with our clinical collaborations
  • 94.1% medication adherence rate
  • 99.4% client retention rate

Optimized Drug Mix to Reduce Specialty Drug Costs

  • Our clinically-driven pharmacy care model reduces specialty drug costs by optimizing drug mix. This is because comparable, lower cost, non-specialty drugs, biosimilars, and other therapies are recommended if clinically appropriate.
  • 90% generic dispensing rate
  • 64% therapeutic switch rate

Best-In-Class Service

  • Our call center average speed to answer, for example, is 12 seconds.
In Case You Missed It:

EmpiRx Health CEO, Danny Sanchez, Open Letter in the New York Times:

In a full-page Open Letter recently published in the New York Times, Danny advocated strongly for the critical steps that must be taken to help plan sponsors lower the costs of prescription drugs while ensuring the health and well-being of your members. Danny also called for:

  • Attacking the Drug Cost Problem “At the Pen” – When the physician prescribes the medication for their patients.
  • Rethinking PBM Reform – Emphasizing “greater transparency” will not fix the underlying problems of the traditional PBM industry.
  • Adopting a “Clinically-Driven” PBM Model – The PBM industry needs to return to its core healthcare mission by putting the pharmacist back in pharmacy benefits management.

Click the button below to check out Danny’s New York Times Open Letter. We hope that once you’ve read it, you will want to join with us in transforming pharmacy care. It’s about time!

 

Upcoming Events:

​EmpiRx Health is exhibiting at the upcoming IFEBP Conference, November 9 – 13th in San Diego, California! Visit our booth #233, grab an espresso, play Jeopardy to win prizes, and to learn more about our groundbreaking, clinically-driven PBM model that puts pharmacists back at the center of care! We look forward to seeing you in sunny California!

Patient: 63-year-old female

Diagnosis: Osteoporosis

Population Health Management Engine Identified: New therapy, available lower-cost alternatives

  • Chart notes indicated patient fear of needles.
  • EmpiRx Health pharmacist contacted prescriber and recommended patient switch to oral medication.
  • The prescriber agreed with first line therapy, and lower cost option, Alendronate.

Annual Plan Savings: $41,608

Clinically-Driven Pharmacy Care: Lowering Costs, Improving Health Outcomes

The PBM of the future is here today. Check out our latest video to see the power of clinically-driven pharmacy care!

Prescription drug costs are rising faster than any other area of healthcare spending, but legacy PBM models have failed to keep costs under control.

At EmpiRx Health, our clinically-driven pharmacy care model is tackling the cost of prescription drugs by putting pharmacists at the center of the PBM service model. The result is substantially reduced prescription drug costs and measurably improved member health outcomes.

Watch Now!
The PMPM Trend is Now Your Friend Webinar

Did you miss our latest webinar, “The PMPM Trend is Now Your Friend”? You can still watch the full webinar. Learn how clinically-driven pharmacy care drives your annual costs trends in the right direction – lower!

Watch Now!
American Pharmacists Month

This October, we honor the vital role pharmacists play in our healthcare system and at EmpiRx Health. EmpiRx Health puts pharmacists at the center of our care model.

Working in collaboration with prescribing doctors, giving expert advice, and making the most clinically appropriate and cost effective drug therapy recommendations, pharmacists are essential in ensuring our members’ health and well-being. Let’s take a moment to appreciate their commitment to patient care.

Thank you to all the pharmacists for your hard work and dedication! Check out our video celebrating American pharmacists.

Watch Now!