Start Saving

At Cypress Care, we focus on achieving the best outcome for the injured person. With a variety of services that provide the highest level of care and cost savings to the workers' compensation and auto insurance industries, we invite you to start saving with Cypress Care.

For a more detailed description regarding how Cypress Care can help your organization manage pharmaceutical and ancillary health services costs while achieving the best clinical and financial outcome, complete the following form to receive further information.

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Interests

	Pharmacy and MSA News/Alerts
	Auto Insurance Industry Services
	CCRx Pharmacy Program and Clinical Rx
	Paper Bill Eliminator 2.0
	Ancillary Health Services - DME, Supplies, Diagnostics and Home Care Services
	Medicare Set-Aside

"Cypress Care has provided us with a great solution for saving our time and our clients' money. Our adjusters appreciate having the PBM function outsourced, and our clients appreciate the bottom line savings. I would recommend their services to anyone."

- Director
Integrated Administrators

Case Study: Large National Insurance Carrier Savings Experience with Cypress Care

For 2003, the last complete year that a competing PBM managed the pharmacy, the large insurance company processed approximately 316,000 prescriptions.

Of those, roughly 60% were processed by the competing PBM resulting in just over $21M in payments to the competing PBM and nearly $3.4 M in network savings
If you divide the network savings in the year 2003 by the total number of prescriptions, the result is: $18 in savings per prescription.

For 2005, the first complete year that Cypress Care managed the pharmacy, the large insurance company processed approximately 423,000 prescriptions.

Of those, roughly 84% were processed by Cypress Care, a 24% improvement in network penetration in less than two years, resulting in just over $37M in payments to Cypress Care and nearly $13M in network savings and $3M in compliance savings
If you perform the same math for 2005, the resulting per prescription savings for Cypress Care is $37 – More than DOUBLE the competing PBM’s average

	Before	After
Prescriptions	316,000	423,000
Scripts Processed	189,600	355,320
network Penetration	60%	84%
Paid Amount	$21m	$37m
Network Savings	$3.4m	$13m
Savings per Script	$18	$37