Today's
Featured Story
Optum Launches Specialty
Platform Aimed at Better Care, Lower Costs
by Angela Maas
Optum, Inc. recently unveiled Optum Specialty Fusion, a
specialty drug management solution that’s focused on streamlining care for
people on those products and lowering medication costs. According to the
company, which is part of UnitedHealth Group, the approach has the
potential to deliver 17% total cost savings in health plans’ medical and
pharmacy spend.
Optum seeks to address many issues
- Specialty Fusion was created to address multiple
issues within the specialty pharmaceutical space. “The volume of new
specialty drugs and treatments coming to market is outpacing the human
ability to keep up,” says Sarah Dye, senior vice president at Optum.
“Providers are overburdened and do not always know the best quality
treatment to choose or which option may reduce cost.”
- Providers are able to request prior authorization
for specialty agents via a portal, which then compares treatment
options, including their costs, across both the medical and the
pharmacy benefit.
- The solution narrows down treatment options to
the ones or one that “makes the most clinical and financial sense” and
provides approval for that treatment in real time, regardless of the
benefit the agent falls under.
- Specialty Fusion arrives on the market amid an
outgrowth of other trends, including “the value of the PBM aligned
with the payer” and the combination of artificial intelligence and
health care analytics, Ash Shehata, national sector leader for health
care and life sciences at consultancy KPMG, tells RSP sister publication Radar on Drug Benefits.
The ability to provide “real-time insights” during prescribing could
prove attractive to potential users, he says.
Tool will provide options within seconds
- With the tool, “when a provider initiates a
treatment request, they will simply submit a diagnosis, and in less
than two seconds, Optum will analyze treatment options including use
of health plan formularies across both the patient’s medical and
pharmacy benefit,” Dye explains.
- Asked what happens if providers don’t choose the
lowest cost option — for example, if they want to administer a drug
themselves to boost adherence or monitor potential side effects — Dye
replies that “providers are empowered to choose the best clinical and
financial treatment option for each patient. If the provider wishes to
proceed with a nonrecommended option, the case will be pended for peer
review, and a specialized clinician will review the case and reach out
to the provider to discuss treatment options.”
- The platform also “looks at all clinically
appropriate sites of care, by condition and by drug, such as infusion
suites, ambulatory clinic, and the home, to recommend the most
effective location(s),” says Dye. Multiple studies have shown that
care provided in an outpatient hospital department setting is
reimbursed at much higher rates than care provided in physician
offices or in patients’ homes.
- Bill Sullivan, longtime industry expert and
executive editor of the Anton Rx Report, writes in a recent blog that “since so many
patients…shoulder coinsurance for infused medications, a shift in
therapy can make a huge out-of-pocket difference for a
patient. Also, patients have been known to skip scheduled
infusions because they can’t handle their financial share.”
From Radar on Specialty Pharmacy
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