Clinical Rx™ - The Right Drug, The Right Time, The Right Person, The Right Outcome.
Prescription drug costs continue to rise and have become a larger percentage of total health care expenditures for the workers' compensation and auto insurance industries. In order to control rising drug costs, payers have realized savings through partnering with pharmacy benefit managers (PBMs). Most PBMs highlight their ability to minimize costs based on the price paid per pill, and while this strategy has helped to curb drug costs, total pharmaceutical expenditures continue to rise. This indicates that PBMs must embrace a more holistic approach to managing rising pharmaceutical expenditures.
Cypress Care is committed to intelligently managing all the components contributing to higher drug spend. Cypress Care’s approach to pharmacy benefit management is based on the use of technology, proven processes and comprehensive clinical management programs. Our long-term strategy for prescription drug cost containment addresses a number of these factors:
- Drug selection by the prescribing physician
- Identification of newer drugs without generic substitution opportunities
- Misuse and overuse of certain types of drugs
- High volume of prescriptions
- Multi-pharmacy/multi-physician involvement
Clinical Rx™ Suite of Services
With Cypress Care’s Clinical Rx™, we have developed a suite of services that are part of a comprehensive, integrated approach to clinical management of pharmacy spend. The approach is data driven with clinical oversight, which makes it specific to each customer’s book of business. Clinical Rx™ combines medical expertise and advanced technology to provide clients with the most cost efficient method of achieving quality outcomes. The goal of Clinical Rx™ is simple: provide only appropriate medication to each person.
Contact Cypress Care to learn how Clinical Rx™ can significantly enhance the way your organization manages prescription drug program expenses.