Topics | Real Time Formulary and Prescription Benefit Information | Search: |
Introduction:
RTF and RTPB provide value by driving medication adherence, lowering health care costs, and improving health outcomes and patient safety. By providing accurate, up-to-date, patient-specific information and cost-effective medication options, prescribers and patients can make informed decisions that reduce payment obstacles and improve medication adherence. RTF (Real-Time Formulary) delivers plan level, formulary information to the prescriber at the point of care via a real-time Request and Response message. This service eliminates the need for the provider vendor to download large formulary files from Surescripts on a weekly basis. The data provided through RTF informs the prescriber of a medication's formulary status, payer-provided alternatives, coverage factors, and copay details. RTF data is intended to assist the prescriber in aligning their selected therapy with the patient’s benefit plan. RTPB (Real-Time Prescription Benefit) is a real-time Request and Response message between the provider vendor and PBM. The RTPB message delivers patient-specific medication cost and benefit information to the point of care to help inform prescribers' prescription decisions. This includes point-in-time estimated cost, alternative medication options, pharmacy type options, and formulary information. RTPB data is referenced prior to the NewRx to inform the prescriber and the patient of the specific estimated out-of-pocket cost for the selected therapy. RTPB is provided in addition to, and not a replacement of, the group/plan level formulary information. PrognoCIS provides extensive Formulary Information along with Prescription Benefit Information for a patient that would further help in prescribing drugs to the patient based on criterion selected. It is displayed under 2 tabs — RTF (Real Time Formulary) and RTPB (Real Time Prescription Benefit), such as: RTF tab: This tab is used to display Real Time Formulary Information. When Drug, its strength and patient’s eligibility is selected from the Prescription screen of PrognoCIS, RTF request is sent to Surescripts. Real Time Formulary Information is received as response to this request and the same is populated in the RTF tab. RTPB tab: This tab is used to display Real Time Prescription Benefit Information. When Drug, its strength, the Bulk quantity and its UOM (Unit of Measure), patient’s eligibility, and Pharmacy is selected from the Prescription screen of PrognoCIS, RTPB request is sent to Surescripts. Real Time Prescription Benefit Information is received as response to this request and the same is populated in RTPB tab, provided the payer should have the patient’s medication benefit check service available. RTF tab will also be populated, as the requirement of fetching RTF information (Drug, its strength and patient’s eligibility) is also fulfilled. Formulary Information as well as Prescription Benefit Information is displayed in appropriate tab under the following sections:
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