100% Bolt-On Chronic Care Support Program Via Telehealth
The 340B Telehealth Program is a plug-and-play, chronic care support program offered by Southern Scripts. This proven and confirmed methodology can be easily added to almost any existing self-insured arrangement to improve medical outcomes and significantly lower pharmaceutical expense. The program is provided at no cost to the employee and is designed to be implemented with minimal administrative impact.
A Value-Added Component To Your Prescription Benefit Plan
The 340B Telehealth Program incorporates existing community health provider networks and their associated drug discounts to provide employees with improved care coordination and employers with better long-term claims results and substantially lower RX prices.
Guaranteed 20% Savings
No Program Cost
Plug & Play
To participate, patients have one annual Telehealth visit or video conference consultation. All scripts are sent through mail order with special handling and services.
Individuals managing chronic conditions represent 50% to 75% of total healthcare expenditures for most employers. In addition to the continuing rising costs of pharmaceuticals, patient identification and corresponding diagnoses have also increased. These factors contribute to an average pharmacy plan representing 25% to 35% of total healthcare costs.
On The Rise
Pharmacy represents 25% to 35% of the overall expense on healthcare and is expected to increase at a rate of 5% to 10% each year for the foreseeable future. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.
The Largest Driver Of Pharmacy Costs Are Specialty Medications
The bio-specialty drug category accounts for 35% to 55% of total pharmacy spend on average in the US and is expected to increase to 60% even though only 1% to 3% of Americans use specialty drugs. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.
The Cost of Managing a Chronic Condition
60% of Americans live with a chronic illness, and account for 91% of all prescriptions filled. In addition, health care coverage costs for individuals managing a chronic condition is 5X higher than those without a condition. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.
At the time of the COVID-19 outbreak, the use of telehealth services was expected to grow by 80% in 2020 alone and forecasted to expand at a rate of 29% by 2025.
Patient Journey & Compliance
From communication to onboarding to covered service to prescription routing, Southern Scripts will provide guidance, support, and satisfaction for its clients and patients. The 340B Telehealth Program closely follows established Health Resources & Services Administration (HRSA) Guidelines.
Frequently Asked Questions For Employers
Are My Prescription Drug Benefits Changing?
Will I Have To Change Physicians Or Find A New Specialist?
When Will The Plan Receive The Savings?
+ Many More
Contact Southern Scripts
In an ongoing effort to bring our clients the most cost-effective source for prescription medications, we allow the plan sponsor complete autonomy to source high-cost medications through a variety of market-leading providers. For a step-by-step walkthrough and pricing inquiries, please use the contact form below.