It’s no secret that Medicare, and private payers, closely monitor health care providers’ readmission rates. If Medicare determines a given health care system has too many readmissions, it can reduce all of that system’s payments by up to 3%. Private payer penalties can be even more severe.
At the same time, statistical evidence indicates that up to 70% of all preventable readmissions are due to patient prescription non-compliance. What's more, based on the analytics generated by ProxsysRx’s proprietary software, readmissions from prescription non-compliance are often significantly more expensive to health care providers than other readmissions.
Research also indicates that the leading causes of medication non-compliance are Premature Cessation, Prohibitive Medication Costs and Confusion / Lack Of Information.
ProxsysRx Outpatient Pharmacies offers the following services & benefits to address those causes:
• Meds To Beds
• Post-Discharge 30-Day Follow-Up (average 10 patient “touches”)
• Discounted (Or No Charge) Prescription Programs
• Improved Medication Access — Including Home Delivery
To learn more about ProxsysRx’s Outpatient Pharmacy programs (and how, for one Mississippi health system, we increased pharmacy revenues 125% and decreased readmissions 79% in just 12 months), Click Here — or Contact Howard Hall: howard.hall@proxsysrx.com | 205.588.0946
ProxsysRx offers hospital systems proven solutions for optimizing pharmacy services’ positive impact on the continuum of care; solutions ranging from management of their 340B prescription-savings programs, Retail and Specialty Pharmacy operations, to Prescription Benefits program management, and patient financial assistance.
This post is related to:
340B Solutions, 340B Management Systems Consulting (Health Systems & Infusion)
