Did You Know?
Did you know 1 in 20 adult outpatients (12 million people) are misdiagnosed every year?! One in five – 20% – original diagnosis are totally WRONG! Check out this infographic!! Health-Care-Out-of-Control
30 Day Rx Cost Reduction Guide
We discuss the cost of medications all of the time. Reason being is that they cost so much. The more you know, the less you could spend on medication. Here is your 30 Day Rx Cost Reduction Strategies for the Month. Understanding Rx Rebates – learn how much drug manufacturer’s rebates to health plans cost […]
Did You Know?
Did you know that only 30% of doctors are independent? That is big drop from 20 years ago when it was at 57%. Did you know that 50% of doctors are employed by hospital systems with 20% employed by private equity firms or health insurance companies. Did you also know 43% of internal medicine physicians […]
5 Pharmacy Benefit Insights to Share with Employees
The last thing an HR professional wants is unhappy plan members when their prescription prices suddenly change or are no longer covered. Here are five suggestions to share with employees during this time of year. These are simple ideas to keep in mind to maximize the member experience: Location, Location, Location – Not all pharmacies […]
The Data Narrative
How many business and financial decisions are made every day based on data? I would suggest that any CFO would have their head handed to them, should they present to the CEO financial forecasts without supporting data. Remember Andy Rooney from 60 Minutes fame? You can hear him say in his distinctive voice, “Why do […]
COVID-19 Vaccination FAQ’s
The Centers for Disease Control and Prevention (CDC) has prepared a list of FAQs to help educate the public on various aspects of COVID-19 vaccination. This article features some of these FAQs.
HHS Moves for More Rx Transparency
Please view this short video which provides the latest on what HHS is doing to lower Rx costs.
Compounding the Rx Problem
Clever drug companies, they take two over the counter meds, Nexium & Aleve and charge health plans over $2,300 for a 30 day supply. Can you say Vimovo? You can purchase a 30 day supply of Nexium & Aleve for about $25 per month. Who is managing your health care supply chain? If your plan […]
Glaxo and DNA
By Joshua Greenberg, REALfarmacy.com Have you paid for an ancestry report? Perhaps someone gave it to you as a gift. Either way, pharmaceutical giant GlaxoSmithKline now owns your genetic fingerprint. Read the complete article at realfarmacy.com
The Old Discount Dance – Time for New Thinking
How often have we heard the expression” We can’t solve problems by using the same kind of thinking we used when we created them”? Another way to say it is implementing the same strategies, expecting different results. What is it about CEO’s and CFO’s who resist a serious deep dive into the facts why their […]
