improve employee health and save money with medsimple tm
DESCRIPTION
Improve Employee Health and Save Money with MedSimple TM. Let’s meet Mike. Mike Diabetes for 10 years On two medications Starts Actos today. Let’s meet Gloria and Mike. Gloria Diabetes for 12 years On metformin and glipizide Starts Lantus today. More rich data on Gloria. - PowerPoint PPT PresentationTRANSCRIPT
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Improve Employee Health and Save Money with MedSimpleTM
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Let’s meet Mike
Confidential 2012, My Diabetes Home
Mike Diabetes for 10
yearsOn two medicationsStarts Actos today
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Let’s meet Gloria and MikeGloria • Diabetes for 12 years• On metformin and glipizide
• Starts Lantus today
Confidential 2012, My Diabetes Home
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More rich data on Gloria
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Why do patients have trouble taking the meds?
I can not keep track of my medsI don’t understand why I take themI can not remember to take themI am tired of taking all these medsI can not afford them
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The Challenge of Meds! • 50% of patients with chronic
diseases do not take their meds as prescribed1
• Low adherence to diabetes regimens is associated with up to twice the medical costs and twice the hospitalization risk2
1. WHO adherence report. http://who.int/chp/knowledge/publications/adherence_report/en/index.html 2003.2. Sokol MC, McGuigan KA, Verbrugge RR, Epstein RS. Impact of medication adherence on hospitalization risk and healthcare cost. Med Care. 2005;43:521-530.
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Cost of Non-Adherence• Greater Adherence To Diabetes
Drugs could – Save nearly $5 Billion Annually– Prevent nearly 700,000 ED visits– Prevent 341,000 hospitalizations
Greater Adherence To Diabetes Drugs Is Linked To Less Hospital Use And Could Save Nearly $5 Billion Annually. Health Aff (Millwood). 2012 Aug;31(8):1836-46.
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Cost of Medication Non-adherence Associated With Diabetes, Hypertension, and Dyslipidemia• Total direct national cost $105.8
billion, or an average of $453 per adult, in 2010
Cost of Medication Nonadherence Associated With Diabetes, Hypertension, and Dyslipidemia, Am J Pharm Benefits. 2012;4(2):e41-e47
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CVS Caremark Study on Medication Adherence• Data of 135,000 patients with
congestive heart failure, diabetes, hypertension and dyslipidemia
• Adherent patients spend as much as $1,000 more on medications
• Across the board they spend significantly less for their overall health care costsMedication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-
99;
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CVS Caremark Study on Medication Adherence• Save as much as $7,800 per patient
annually– $7,823 for congestive heart failure– $3,756 for diabetes – $3,908 for hypertension – $1,258 for high cholesterol
Medication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-
99;
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CVS Caremark Study on Medication Adherence
Medication Adherence Leads To Lower Health Care Use And Costs Despite Increased Drug Spending, Health Aff, January, 2011, 30:191-
99;
Researchers agreed, “Actively encouraging medication adherence for chronic disease should be a top priority”
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Can Technology improve Medication Adherence?• Four studies with SMS, seven with
audiovisual reminders from electronic reminder devices (ERD), and two pager messages
• Improved adherence was found in all but one study using SMS reminders, four studies using ERD and one pager intervention The effectiveness of interventions using electronic reminders to improve adherence to chronic medication Am Med Inform Assoc 2012;19:696-704 doi:10.1136/amiajnl-2011-000748
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We looked for an App for Meds…
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Dose Reminder Apps
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Refill Apps
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What we found…No Drug infoNo Money Savings optionsNo comprehensive AppOnly Apps but not platforms
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Confidential 2012, My Diabetes Home
Then, we found(ed)…
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WHY MedSimple?1. Most comprehensive medication
management platform on the market.
2. Customizable employer version with formulary and adherence reporting.
3. A user friendly tool that simplifies meds for your employee.
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MedSimple™ Platform• iPhone• Android • Online• Seamless syncing
and integration
Confidential 2012, My Diabetes Home
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MedSimple™ Platform• iPhone• Android • Online• Seamless syncing
and integration
Confidential 2012, My Diabetes Home
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MedSimple™ : Key Features• Med list on the go• Important Medication Info• Cost savings• Reminders–Dose–Refills
• DEMOConfidential 2012, My Diabetes Home
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Introducing Insta-Coupons
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Instant Coupons
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Instant Coupons
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Instant Coupons
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MedSimple™ on the Web
Confidential 2012, My Diabetes Home
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MedSimple™ on the Web
Confidential 2012, My Diabetes Home
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The MedSimple™
Difference•Information for all medications•Not just an App, a complete platform•Available on web•Comprehensive platform unmatched in market
Confidential 2012, My Diabetes Home
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The Challenge of Meds! I can not keep track of my medsI don’t understand why I take themI can not remember to take themI forget to refill meds in timeI can not afford them
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Introducing Employer version of
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Employer Report• Adherence will be
brought to attention
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MedSimple Tools for Success
• Formulary Management– Formulary alternative recommendations to decrease patient cost,
ultimately decreasing employer cost and improving medication adherence
• Adherence Questionnaires – Initial and monthly questionnaires structured to address user barriers
and concerns• Reporting
– Internal reports based upon user-entered data determines employee compliance and adherence rates
– Point system geared towards improving user adherence through rewards
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Formulary Savings Process• Employee signs into MedSimple, using
provided Company Code with first sign-in– Employee will be associated with employer
formulary with each subsequent log-in• Employee enters all medications (Rx, OTC, etc)
and directions into MedSimple medication list• System automatically reviews each medication
entry for cost savings, including formulary alternatives
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Formulary Savings Process• Employee is notified of less expensive formulary
alternatives via email after initial med entry into medication list– Alternatives will also appear within the employee’s
medication list• Employee will see co-pay cost savings and benefit
from increase compliance due to better affordability • Employee will receive follow-up questionnaires to
assess if have switched to less expensive alternatives
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The Old System
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The MedSimple System
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Adherence Questionnaire• Employee is sent initial and monthly
questionnaires
• MDH team of experts review questionnaire data and note:– 1. Compliance– 2. Trends– 3. Barriers
• This is an evolving process that can change to meet employer needs
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Reporting• MedSimple will be able to generate
employer reports based on user-entered medication information– Number of medications in each tier– If/when employees takes doses or fills refills– Compliance rates– Days between refills– Cost savings: DEMO
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Beginning the Process: E-Code
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Formulary Alternative• E-Code Automatic
Formulary Input• Direct Cost-savings
in the hand of every employee
• Employee saves, Employer saves.
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Employer Report• Formulary will be
auto-generated
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Employee’s ICS• We initiate
connection and interaction
• Hear direct from you employees
• Incentivize employees through a points program
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Employee’s MCS• We stay in touch• Hear direct from
you employees• Becomes
instrumental part of MedSimple ROI
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Employer Report• Direct to the
Employer• Full Analytics• Separate by
Department or Individual
• Employee Privacy
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Points System• Based on user activity, a point system will
improve employee compliance through financial rewards
• Examples of rewarded user activity:– Med list entry– Using dose and refill reminders– Activating MedSimple coupons– Filling out monthly questionnaires– Utilizing formulary alternatives
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Point System• When employee earns required amount of points in
required time, they will earn predefined financial reward– Example: patient A accrues 900 points within 365 days and
enters them into online database as required and when company is notified by MedSimple of completion they earn $100 bonus to be received on their next paycheck
• Total point goals and rewards can be customized by employer
• Users can use any device/computer to participate in MedSimple and to track points– www.mydiabeteshome.com;– A how-to document will assist users
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My Diabetes Home™
Future Next few Products• Lab Tracker in Fall 2012• Visit Optimizer in Fall 2012• Glucose logs and insulin calculators –
Jan 2013• Personalized website - 2013
Confidential 2012, My Diabetes Home
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Health Tracker My Diabetes Home™
• Weight • Blood pressure• A1c• Cholesterol • Others
Confidential 2012, My Diabetes Home
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Visit Optimizer from My Diabetes Home™
• Gets you ready for your doctor visits • One page tool that you can print: – Meds– Labs– Goals– Questions
Confidential 2012, My Diabetes Home
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Visit Optimizer
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Next Steps• Call us• Meet with me or Kathy today after
this• We are offering 3 free pilots and then
at a reduced rate– Set up fee– PPPM
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Improve Employee Health and Save Money with MedSimpleTM