New regulation requires that health systems list pricing for their most common ‘shoppable’ services. However, discrepancies in these prices are common, making many price transparency initiatives fall flat. Meanwhile, prescription price transparency...
A Denver-based startup that helps healthcare providers prescribe lower-cost medications has raised $7 million to fuel the development of its technology platform. Through RxRevu’s SwiftRx platform, pharmacy benefit managers deliver information about patients’ health...
Is Real Price Transparency Possible? When speaking with health system clinical, pharmacy, and IT leaders, the first question we typically ask is: what is your price transparency strategy? The response we get most often is usually: “we’re already doing that with...
The Need for Embedded Decision Support Functionality According to a recent RxRevu survey, 88% of outpatient providers want medication pricing information available in their prescribing workflow. However, only 10% trust the medication information currently displayed in...
Patient medication adherence is a consistently discussed topic amongst provider organizations and health plans. Every day, millions of patients avoid taking their medications because of inconvenience, stress, mistrust, or cost (AMA). Some studies have even found...
The price of a medication is a major factor in a patient’s willingness – or ability – to adhere to their prescribed treatment plan. But unlike nearly every other product a consumer might purchase in their typical day, the price of a medication is often unknown until...
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