Launch the new and improved Members App, the ultimate Rx comparison shopping tool. Introducing Precision Couponing™
Completed Series A funding and strengthened strategic partnerships with industry heavyweights SingleCare®, RxMapper™ and Lightbeam
Boston, January 25, 2023 /PR Newswire/ — Scripter Insightis a healthcare IT and data analytics company focused on reducing prescription drug costs, providing self-insured employers, health plans and their members with the information and tools they need in 2023. , so you can make smarter purchasing decisions about Rx benefits and prescriptions. This is a new and improved offering that provides unprecedented transparency into member health plan pricing and provides more cost-effective treatment options for patients and their physicians to consider, without compromising efficacy. It starts with the launch of the Member App and Health Benefits.
The Scripta Member App is designed to make buying prescriptions easy. Eligible Scripta Health Insurance members and dependents can download a free app from the Apple App Store or Google to compare prices for both health plans and cash payment options, choose where to fill out, and save money. You can check all possible ways. play store.
“With record-high inflation putting pressure on businesses and consumers, more than ever, we need smart solutions to empower America’s burgeoning healthcare consumer movement. Eric Levin, CEO, Scripta Insights. “Scripta puts patients in the driver’s seat like never before in making decisions about the medicines they take, making it as smart and economical for Americans to buy prescription drugs as most other commodities. I’m trying.”
New Comparison Shopping App Finds the Right Drug at the Best Price™
The Scripta Member App is designed to make buying prescriptions easy. Eligible Scripta Health Insurance members and dependents can download a free app from the Apple App Store or Google to compare prices for both health plans and cash payment options, choose where to fill out, and save money. You can check all possible ways. play store. Scripta’s recommendations also factor in plan savings, eliminating unnecessary spending.
“Historically, patients have been left out of the prescribing process,” Levin said. “When it comes to prescribing, they need to know they have options. There are, in fact, there are often several alternative treatments that may be less costly if not more effective. We won’t rest until we reduce the stress at the pharmacy counter that is burdening people.”
Scripta’s Personalized Savings Reports are now even more interactive and informative. Members not only see lower-priced options that are the same or clinically equivalent to their current medications, but also learn more about these alternative medications with an expanded drug profile and educational videos and learn more about how to save money. You can get the next step.
Members can also research new prescriptions and see real-time pricing information while in the clinic, so they know the cost before prescribing medicines and have informed discussions with their physicians during the prescription process. can.
With SingleCare®, eligible members also receive personalized coupons for current medications and replacement medications requiring new prescriptions at local pharmacy prices.
Strategic partnership adds product innovation and new customers
Precision Coupons™
Scripta has partnered with SingleCare. SingleCare, a free prescription drug savings service that gives consumers quick and easy access to consistently low-priced prescription drugs, adds “coupons” to his arsenal of over 30 Scripta savings strategies. Did. It allows members to save up to 80% on prescription drugs at 35,000 pharmacies nationwide, including popular retail pharmacies and grocery stores like CVS, Walgreens, Walmart, Kroger, Albertsons, Safeway, Rite Aid, Publix, Meijer can.
“By adding SingleCare’s prescription drug savings to Scripta’s drug recommendation engine, for the first time we can offer ‘Precision Couponing’, giving our members the right drug, the right pharmacy, and the right cash payment at the right time.” I can offer coupons.every timesays Levin. “This is not your typical discount card program. By layering SingleCare’s options on top of existing Scripta’s unique Savings Strategies, you can realize even more savings. This powerful combination will help members pay out-of-pocket.” It’s a win-win because it reduces costs and saves on plans.”
Members can easily access coupons with the new Scripta Members App. There, you can search by zip code to see coupon prices at participating pharmacies that are convenient for you. Coupons can be especially helpful if the member bears the full burden of her Rx before the deductible is reached.
Personalized medicine based on DNA
In 2023, Scripta is rolling out a personalized medicine program for select clients. Scripta has partnered with RxMapper, a personalized medication platform and telemedicine consultation service developed in collaboration with Mayo Clinic. RxMapper sequences and analyzes a patient’s girlfriend’s DNA and uses the results to identify which drugs patients should and should not take based on their DNA, thereby reducing costs and improve health.
48% of prescribed medicines are the wrong medicine or dose1 The annual cost of depriving patients of proper medication is $528.4 million.2 The current trial-and-error approach to drug prescribing is exacerbating health conditions and driving drug costs out of control.
The Scripta/RxMapper program provides the opportunity to sequence DNA for patients with high vision, who represent 50-65% of all pharmaceutical spending. RxMapper’s personalized medication service is designed to help patients take the right medications, avoid serious side effects, adjust current medications, and make more effective medications based on the patient’s DNA. and recommend new medications that are likely to be Layering her RxMapper on top of Scripta’s own savings database finds the most effective and cost-effective medications for these members.
“Rather than a one-size-fits-all approach, RxMapper’s state-of-the-art technology allows us to examine patients at the molecular level and identify drugs that are likely to be safe and effective based on their DNA.” Jim Miller, Co-founder and CEO of RxMapper. “We are pleased to partner with Scripta Insights to help patients get the right medication right away so they can live healthier, happier and more productive lives. increase.”
Introducing Lightbeam Rx™ Insights powered by Scripta
Scripta also partners with Lightbeam Health Solutions, a leader in public health management solutions and services and a CB Insights 2022 Digital Health 150 company. Scripta powers Lightbeam Rx Insights. It is an innovative pharmacy cost-containment program available to ACOs, payers, provider groups, healthcare systems, self-insured clients and more than 40 million patients.
“Our mission at Lightbeam is to provide solutions that help improve the quality of care, and thus the quality of life. This is a mission we share with Scripta Insights.” Pat Klein, CEO of Lightbeam Health Solutions. “By adding Scripta’s proprietary pharmacy data and insights to our healthcare analytics platform, we are now able to provide our customers with enhanced guidance to ensure patients receive the right care at the right time. Take advantage of The Right Meds at The Best Price™.”
Scripta’s customer base has doubled each year, supporting a range of customers ranging from self-insured small businesses to Fortune 500 customers, along with strategic partnerships with Healthcare Bluebook (powered by Bluebook Rx) and Lightbeam, with tens of millions of An addressable market for the life of a person’s members.
Scripta also has five of the top seven benefits brokers in the U.S. and the market, including McGriff, a full-service insurance brokerage subsidiary of Truist Insurance Holdings, Inc., that have selected Scripta as their preferred pharmacy cost containment solution. We have a development partnership.
Founded in 2019, Scripta has gained a lot of attention in just a few years, and the investment community has taken notice. In 2022, Scripta will complete its Series A funding led by Eastside Partners, bringing its combined pre-seed and Series A funding to $25 millionto secure capital for Scripta to support its rapid growth trajectory. Investors also include Pillar VC, Contour Venture Partners, Pleasant Bay Capital Partners, and CEAS Investments.
About Scripta Insights
A company founded by physicians, Scripta Insights uses technology to create transparency, disrupt and improve healthcare. $300 billion pharmacy benefit market. Scripta is a healthcare cloud-based IT solution that delivers immediate and real savings on pharmacy benefit costs for self-insured employers, payers and their members.This allows businesses to control their pharmacy spending and allows members to The right medicine at the Best Price™.
Scripta’s proprietary software engine, Script.AI, has been in development for over a decade and is designed to analyze millions of pharmacy transactions in seconds for actionable insights . We use data analytics, AI, and expert insights from our P&T committees to recognize previously unidentified savings opportunities. Scripta saved tens of millions of dollars on plans and member prescriptions through PBM vendor optimization, data-informed plan design, and member savings benefits.
For more information on Scripta, please visit: www.scriptainsights.com and follow us LinkedIn.
contact: Linda KrebsLKPR, Inc. | [email protected] | | 646-824-5186
[1] Spear, BB, M. Heath-Chiozzi, and J. Huff, Clinical applications of pharmacogenetics. Trend Mol Med, 2001. 7(5): p. 201-4.
[2] Watanabe, JH, T. McInnis, JD Hirsch, Prescription drug-related morbidity and mortality costs. Ann Pharmacother, 2018. 52(9): p. 829-837.
Source Scripta Insights
