Provider Solutions: Intervention for Managing in a P4P Environment
Pharmacy Management Download PDF
MedVentive's pharmacy management solution identifies specific patients with opportunities for improvement in their prescription regimens. With access to data from the entire health care continuum, MedVentive creates a complete drug registry for each patient, and automatically generates requests to physicians to change patients to more cost effective or generic drugs.
In 2005, the U.S. Department of Health & Human Services recognized MedVentive as a National Best Practice provider of Pharmacy Cost Control. Our clients have consistently reported pharmacy inflation rates five percentage points below the average for their region, and annual hard dollar savings of $2.25 - $4.80 PMPM from pharmacy intervention, including dose optimization, generic substitution and formulary compliance.
Key features:
- MedVentive's web-based intervention engine manages all the outreach communication workflow with your patients. Send customized alerts and letters,, and enter feedback directly into the system
- Smart logic exception reporting allows physicians to provide feedback to the system eliminating inappropriate reminders and raising productivity
- Continuously updated Pharmacy Dashboard reports track trends over time, identify outliers, and keep your finger on the pulse of your pharmacy risk program
- MedVentive's extensive and fully-transparent formulary can be deployed in your organization immediately - or we can support all of your customized formulary rules and policies
MedVentive's pharmacy management solution reduces pharmacy costs. Period.
