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Pharmaceutical Care Solutions Submission to Greek Ministry 8 March 2010 © Copyright ESH 2010 Company Profile – EuroSwiss Mediscor • Specialized health care company offering comprehensive pharmaceutical and medical management solutions • • Established in 1989 with over 20 years experience Processes > 800,000 real-time pharmacy and > 50,000 doctor transactions daily Broad client base, managing millions of lives • Markets • Europe • Africa • Asia • Middle East Services • Pharmaceutical Management • Managed Care • Consulting – Systems & Policy • Provider Networks & Financing • Specialized solutions © Copyright ESH 2010 2 Greece: Key Objectives Accessible Health Care at the : RIGHT time RIGHT quantity RIGHT quality RIGHT format RIGHT place RIGHT price © Copyright ESH 2010 How Is This Going To Be Done? © Copyright ESH 2010 Beyond Prescription Control Pharmacy Benefit Management (PBM) © Copyright ESH 2010 What is a PBM? • Flexible management tool A PBM is a company that manages the medicine claims for a medical funder/insurer • Electronic claims processing • Financial rules • Drug utilization and clinical management • Claims payment • Provide management reports and information © Copyright ESH 2010 6 Benefits of a PBM Benefits • the • the • the • the are produced for funder / insurer pharmacy patient and state resulting in a positive member, service provider and healthcare insurer experience © Copyright ESH 2010 7 Benefits for the Insurer Effective claim submission system Sophisticated medicine management system Achieve real savings • Eliminates paper claims • Speeds up administrative processes • Processing is in real-time online (similar to credit card systems) Diverse list of management rules • Down to patient or product level • Pricing management • Utilization management • Clinical management • Comprehensive information • Derive a 20-30% saving on medicine spend • Eliminate addiction & abuse • Substantially reduce fraud © Copyright ESH 2010 Benefits for the Pharmacy Effective claim submission system Improved quality of care • Electronic – no more paper claims • Faster payment • Improved practice management • Claims submitted in real-time (similar to credit card systems) • Better credit control • Real-time payment confirmation • Reduced claims administration • Appropriateness of medicines prescribed • Prevents ingredient duplication • Empower provider to consult with patient • Overdose prevention • Drug interactions © Copyright ESH 2010 9 Benefits for the Patient Efficient Claims Administration Improved quality of care • Eliminates upfront payment at pharmacy • Eliminates need to submit paper claims • Timely claims administration • Timely follow-up and query resolution • Faster re-imbursement cycles • Appropriateness of medicines prescribed • Prevents ingredient duplication • Empower provider to consult with patient • Overdose prevention • Drug interactions © Copyright ESH 2010 10 Benefits for the State Build an information base • Disease profiles • Patient profiles • Demographics of medicine usage • Pharmacy profiles • Prescriber profiles • Manufacturers/product usage © Copyright ESH 2010 11 Claims Process E-prescribing SWITCH Mediscor PBM Funder/ Insurer Providers SWITCH Mediscor PBM Third party Administration (TPA) Entire real-time transaction takes less than 9 seconds © Copyright ESH 2010 12 Claims Process SWITCH Mediscor PBM Funder/ Insurer Providers SWITCH Mediscor PBM Provider Coverage • 100% of pharmacies should use real-time • 100% of hospital and clinic pharmacies should use real-time • All pharmacy vendors accredited for real-time • All postal/courier pharmacies © Copyright ESH 2010 13 Claims process SWITCH Mediscor PBM Funder/ Insurer Providers SWITCH Mediscor PBM Claims Delivery • Provided by switch company •Triangulated redundancy for intelligent business continuity © Copyright ESH 2010 14 Claims process SWITCH Mediscor PBM Funder/ Insurer Providers SWITCH Mediscor PBM Claims processing software on IBM Hardware • Data integrity validation • Eligibility determination • Medicine utilization management • Clinical management (Drug database) • Price management • Benefit validation © Copyright ESH 2010 15 Centralized Management Pharmacy Claims Clinic/Doctor Claims Patient Claims Hospital Claims Central Patient Medicine Claims Record at Active Ingredient Level Integrated Utilisation Management & Pharmaceutical Care © Copyright ESH 2010 16 Our Technology • Claims processing system used currently manages over 70 million lives worldwide • Country-specific software customization • Clinical product database • Business Intelligence Application • Interface – multitude of insurance and provider platforms • Connectivity – with pharmacy software systems and doctor e-prescribing systems supporting the following technologies: - Health smart cards - Barcode - Digital pens - OCR © Copyright ESH 2010 17 Our Service Offering • Real-time electronic medicine claims processing • Client support services - for e.g. Call centre with extended working hours • Information services - through our web-based reporting tool, the Mediscor Analyzer • Consulting services - to aid with benefit design & formulary management • Chronic medicine pre-authorizations • Other supplementary services: for product and price file maintenance © Copyright ESH 2010 18 Analyzer Dashboard © Copyright ESH 2010 19 Trend Analysis - Expenditure © Copyright ESH 2010 20 Trend Analysis - Cost © Copyright ESH 2010 21 Trend Analysis - Utilization © Copyright ESH 2010 22 Our Results Source: Council for Medical Schemes Annual Report 2006-2007 Introduction of PBM services © Copyright ESH 2010 23 Our Results Savings measured and reported as a percentage of the submitted claim value Service Category Claims Processing: Utilization management Clinical management Pricing management Authorization interventions: 2006 % 2007 % 2008 % 20.4 18.4 16.8 9.2 11.2 9.9 2.4 2.4 2.3 8.8 4.8 4.6 13.6 9.3 6.2 © Copyright ESH 2010 24 Why Euroswiss Mediscor? • SAVINGS – in a highly specialized field!! • Quality of Service • Local customization - experience in converting a country to electronic claims • System integration abilities • Comprehensive quality assurance capabilities • Clinical abilities • Benefit design specialists • Product coding expertise • Experienced staff • 20 year history © Copyright ESH 2010 25 Why EuroSwiss Mediscor ? - Unique Specialized Expertise - Understanding of Greek situation - World-Class technology - World-Class Partnerships © Copyright ESH 2010 26 Contact Persons • President Dr. Delon HUMAN M.B.Ch.B., M Prax Med, MFGP, DCH, MBA E-mail: [email protected] Mobile: + 41 79 200 4424 • Greek Operations Mr. Panos PAPADAKOS E-mail: [email protected] Mobile: +30 6945757555 © Copyright ESH 2010