Leveraging Analytics to Manage Specialty Pharmacy
Watch this on-demand webinar to learn more about how HDMS can help you reduce costs and manage specialty Rx more strategically.
Hear what Todd Ingves, from Board of Pensions of the Presbyterian Church has to share about his experience as an HDMS client.
HDMS has been extremely important in our data journey because they’ve taken the time to really understand who we are because we are rather unique and they haven’t just sent us out into the wilderness with the tool and said have fun. They understand who we are, where we’re trying to go, and what we’re trying to do, and as a result have been able to provide really effective support to us as we’ve used the tool to advance ourselves.
If would describe HDMS I think I would describe them as flexible. Both the tool itself and the individuals that support it. It’s very deep, it’s a very capable product and it can take you from very high level information down to some really specific and technical levels of data and information and supportive. And supportive is less about the tool and it’s more about the people that come with the tool but it’s equally important and really adds to the overall value.
Hear what Alan Braybrooks, from American Health Holdings has to share about his experience as an HDMS client.
With the HDMS toolset things get rolled up and aggregated and grouped into things that make sense semantically so you can look at a high cost diabetic that may have had multiple ER visits within the last three months, or a certain time period, and you can do that within just a couple of clicks. Without the toolset, that would take months to do.
So HDMS does a very nice job of adapting to different domains of data, biometric data, lab data, pharmacy data, health risk assessment data and other things that we’ll be investing with HDMS in our partnership to provide that really rich foundation for reporting.
One of the things that we can leverage HDMS for is to produce a very rich set of reports that becomes a differentiator for American Health Holding. It’s very nice for us to be able to go in and demonstrate risk reduction and trends with just a few clicks of the reporting interface to produce a nice report that we can then take into a meeting with a broker who’s maybe considering renewing or changing the TPA for that particular plan sponsor. We can then demonstrate and work with our TPA partners by showing a rich set of reports with a very, very detailed information on trends that show positive cost containment or impacting their employees. Broker becomes happy. The plan sponsor clearly sees the value, and without our partnership with HDMS, those types of reports wouldn’t be available to us.