Close care gaps. Reducing Costs. Boosting Quality Measures
According to the Centers for Medicare and Medicaid Services (CMS), prescription drug expenditure will experience an accelerated growth and will consistently outpace other categories of healthcare spending over the next decade.
With this unsustainable rise in healthcare costs, healthcare payors have to address a growing need to manage risk in a cost-effective way while delivering outcome-based value.
PharmD Live's pharmacist-led and AI-driven medication adherence solutions factor in social determinants of health (SDOH) and leverage advanced predictive analytics to identify and proactively resolve medication risks and disease care gaps.
86% of health care expenses result from chronic conditions and are projected to exceed $5 trillion by 2024
$300 billion/yr is spent as a result of medication non-adherence
Medication-related problems drive over $500+ billion annually
Medications are involved in 80% of treatment plans, but 50% of medications are not taken as directed
PharmD Live solutions reduce healthcare costs caused by adverse drug events, uncoordinated care, and preventable hospital admissions and readmissions through:
Seamless EHR Integration
Secure connection with physician’s existing electronic health record system. Secure connection with physician’s EHR
HIPPA Security and Compliance
Ensuring patients’ personal health information is safe and secure
Identifies high-risk patients and enables customized and targeted interventions
Data Driven Patient Insight
Deep analytics to direct population health and manage healthcare business operations
Business Intelligence Reporting
Mining telehealth data for population health and patient care insights