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Real-Time Prescription Benefit Technology to Improve Patient Medication Access and Pharmacy Efficiency.

Twenty minutes. That’s how long New York City pharmacy owner Priyank Patel says it used to take each time a patient’s medication was either not covered by a benefits plan or was found to be prohibitively expensive. “Twenty minutes is an eternity in our business, where literally every second counts” says Patel, who owns three pharmacies, one in the Bronx and two in Yonkers.

Pharmacists including New York City’s Priyank Patel call RTPB technology “a gamechanger.” Patel says the process that used to take 20 minutes now takes about five. Patients are assured of receiving the medications they need, and no longer have to worry about excessive costs. And another benefit? Patel’s pharmacies’ dispensing rates are significantly higher, since staff spend less time navigating prior approval processes and negotiating with prescribers’ offices and payers.

 

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