Pharmaceuticals drive up to 33% of Medicare Advantage plan spend
Reduce costs for Medicaid and Medicare populations with Arcadia Vista’s Polypharmacy Dashboards — medication management for complex patients is complicated by nature: stacks of scripts call for intense oversight to keep patients safe. This problem is especially expensive for healthcare systems that work with dual-eligibility populations.
The data paints a detailed picture: almost half (47%) of Medicare ACO members are on 7+ drugs, and specialty drugs drive 33% of Medicare Advantage plan spend and 56% of commercial pharmacy spend. Further, these members can be difficult to identify.
The solution? Ascend beyond medication lists to a brand new Vista with Arcadia’s suite of polypharmacy dashboards.
Polypharmacy dashboards that streamline drug cascade interventions
Multiple medication cascades can lead to high costs (or worse) — it’s time to streamline the process of finding impacted patients, simplify care management teams’ processes, and prevent unnecessary overmedication.
Arcadia’s Vista Polypharmacy Dashboards transform this complicated issue into a straightforward process, reducing pharmaceutical costs and identifying patients on drug cascades that could be simplified. Conserve resources, boost adherence, and enable happier, healthier days.
Healthcare analytics dashboards to lower pharmaceutical costs and deliver better care to members
Arcadia Vista makes data more accessible by providing self-service dashboards — built in partnership with value-based care and healthcare pioneers — to turn insights into enterprise-wide performance, faster. Vista's growing library of dashboards covers a range of purposes:
1. Pharmacy overview and explorer
- Pharmacy trends and spend
- Price per script and utilization
- Provider prescribing patterns
- Reconcile medications
- Reduce volume of prescriptions
- Identify harmful drug combinations and drug cascades
3. Medical pharmacy (Part B drugs)
- Learn what medicines are driving expenses
- Monitor drug cost trends
- Identify alternative sites of service
4. Specialty pharmacy
- Specialty pharmaceuticals spend
- High cost drugs
- Frequent prescribers
- Identify opioid prescription trends at the member and provider level
- Resolve dangerous prescription combinations
The impact of polypharmacy reduction
A 1% decrease in medication utilization can impact Medicare Advantage savings by $1.90 PMPM, and $1.50 PMPM in commercial population.