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1 min read

Why real-time reporting is key for hospice success

Why real-time reporting is key for hospice success

Thanks to BetterRX’s Utilization Optimization Technology, hospices can enjoy real-time data and guidance to help ensure patients get the medications they need at the end of life while lowering pharmacy costs. What does this all mean and why is it important? Let’s explore more below!

1. Real-time PPD Tracking
Nurses can now view, manage, and adjust medication costs all at their fingertips. They can also view a cost analysis at any time instead of waiting until the end of the month or possibly the end of a quarter like with traditional PBMs. Real-time PPD tracking helps to put the power back in hospices’ hands and control their PPD spend.

 

2. Real-time cost alerts
Nurses and hospices can now make clinical, cost-sensitive medication choices at the time of ordering rather than 15 to 30 days after the order(s) have happened. Real-time medication ordering reporting can also help nurse managers identify costly ordering habits, as well as select alternative medications with the same therapeutic outcomes. This allows patients
to get the drugs and care they need more quickly.

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3. Real-time formulary control

Patient care is most optimized when you customize based on their needs rather than on what your PBM allows. Nurses have access to easy one-click customizable formulary updates so modifications can be made as patients’ needs change. There’s also an option to order off-formulary medications
and get quick approvals, as well as alternative suggestions in real-time.

Modernize your hospice with the BetterRX
Connected RX  (CRX) Platform
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About BetterRX

betterRX_logo_web_1BetterRX's mission is to radically change patient care by ending medication delays that cause needless suffering. BetterRX offers efficient ordering technology, medication tracking, real-time PPD & cost alerts, and committed local pharmacies. Learn more about BetterRX, our CRX PlatformBetter ePrescribe, and Pharmacy tools.

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