As part of their cost containment strategy, hospital and clinic pharmacies have the opportunity to take advantage of free drug and pharmacy card plans offered by manufacturers for low income patients lacking private insurance or federal assistance.

For many health care institutions this is an untapped source of significant revenue that can be credit against the drug budget. These programs also provide a significant outpatient community service by making available medications to those people who currently lack access to medications required for their condition. The benefit of this community service is complemented by substantial indirect benefit to the hospital by preventing costly emergency room treatments and inpatient admissions.

Why don't health care facilities take advantage of these programs?

Programs are inherently difficult to use because there is no standardization of programs.  Launching a complete recovery program will likely require additional personnel experienced in this area.  There is a significant gap between inception of the program and receipt of revenue. The process involves gathering and recording of patient, financial, drug profiles and physician information and requires substantial logistical efforts and cross-departmental cooperation.

Morris & Dickson has the answer?

Morris & Dickson has developed a proven program that responds to the above challenges through the utilization of system, tools, and software aimed at streamlining processes that are an inherently cumbersome environment.

Overview:

High Volume Speed and Efficiency
P.C. based system
Seamless Interface with New Tech Prism Pharmacy System
Workstations networked to one centralized server
Software built to maximize patient database

Data Retention/ Reports
Advanced report capabilities
Claims History
Claims Recovered

Formulary Analysis and Queries
Program drug search
All drug search
Generic and Therapeutic search capabilities

Flexibility
Inventory tracking for prospective environments

Acquisition Cost Based Reporting
Budget and contract negotiation
Ability to run recovery reports on actual contract cost of drug

Integration With Hospital Data
Import files such as dispensing and/or charge reports
Automatically populate patient database

Detailed Instructions and Requirements Table
Guides the user through the claims process
Streamlines Prioritization
Gives precise instructions and requirements per application

Difficulty Ratings
Ratings 1 – 5 to guide the user on the difficulty of the manufacturers programs
Benefits workflow and prioritization

Updates
Ability to upgrade software on new program information and cost at user’s request
Designed to deliver maximum efficiency and productivity to the user

Refill Efficiencies
Automatic notification and application generation

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Morris & Dickson offers a complete package of development analysis, on-site consulting, and software designed to drive the recovery process, as well as document the associated savings of medications recovered.

M&D C.A.R.E.S. (a powerful software application) simplifies the application process, minimizes manual data entry, maximizes productivity, provides flexibility to meet varying needs, and provides unparalleled access to useful information. This application maintains databases that are stored for future use. Included in this application are patient, physician, clinic, profiles, drugs, and claims.