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Implementation and Cost Validation of a Real-time Benefit Tool.

Authors :
Bhardwaj, Shiven
Miller, Steven D.
Bertram, Amanda
Smith, Kerry
Merrey, Jessica
Davison, Ashwini
Source :
American Journal of Managed Care. Oct2022, Vol. 28 Issue 10, pe363-e369. 10p.
Publication Year :
2022

Abstract

OBJECTIVES: To assess the accuracy of a real-time benefit tool (RTBT) that is compliant with the standards of the National Council for Prescription Drug Programs (NCPDP) in a large academic medical center. STUDY DESIGN: Observational study of electronic health records and pharmacy records from July 14, 2019, through January 14, 2020, across all ambulatory clinics and outpatient pharmacies in the health system. METHODS: Main assessments included (1| demographic characteristics of patients in whom the RTBT was used and those in whom it was not used, (2| types of changes most frequently made to medication orders upon reviewing the RTBT, and (3| comparison of the out-of-pocket costs for prescriptions vs the RTBT-generated estimates. RESULTS: The most common modifications made to prescriptions due to RTBT use were changes in days' supply (44%) and the quantity of medication (69%). In more than 98% of prescription orders, patients' out-of-pocket costs were either equivalent to or lower than the estimates generated by the RTBT. CONCLUSIONS: Current standards established by NCPDP yield accurate patient out-of-pocket estimates and could serve as a national standard for all Part D sponsors. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10880224
Volume :
28
Issue :
10
Database :
Academic Search Index
Journal :
American Journal of Managed Care
Publication Type :
Academic Journal
Accession number :
160063487
Full Text :
https://doi.org/10.37765/ajmc.2022.89254