What You Should Know:
– CipherHealth, a leader in patient engagement technology, announced a new Medication Affordability & Adherence Program that aims to increase access to life-saving medications and improve medication adherence for patients by addressing a major barrier: cost.
– With this latest program, CipherHealth continues to pave the way in digital healthcare by including access to medication affordability options as a seamless part of outreach to patients.
The High Cost of Non-Adherence
When patients skip medications due to affordability concerns, the consequences can be severe. A staggering 67% of patients cite cost as a reason for not filling prescriptions. This non-adherence is estimated to cause at least 100,000 preventable deaths and $100 billion in avoidable medical costs annually.
CipherHealth Partnerships with Health Systems
CipherHealth recognizes the critical role medication affordability plays in patient health. Partnering with leading healthcare systems like Community Health Network and Prisma Health, CipherHealth is stepping up to address this challenge.
How the Medication Affordability & Adherence Program Works
The Medication Affordability & Adherence Program is seamlessly integrated with CipherHealth’s existing outreach platform, CipherOutreach. Following a healthcare event, patients can be offered the program.
Here’s how it works:
- Personalized Savings: Patients receive SMS messages with personalized medication savings options based on their specific needs – prescribed medications, insurance coverage, and preferred pharmacy.
- Convenience: The program connects patients with savings programs across over 70,000 pharmacies nationwide.
- Easy Utilization: Patients simply show the pharmacist instructions provided by CipherHealth to access the savings at checkout.
“Prescription drug prices in the US are higher than in any other industrialized nation in the world. Many patients, despite having health insurance, are still unable to afford their medications,” said CipherHealth Chief Executive Officer Jake Pyles. “With this new program, CipherHealth is able to help reduce these medical costs and give patients the medication they need at a price they can afford.”
