Case Studies

PBM Cost Savings

Noveta Health, powered by Southern Scripts, can deliver up to 35% savings on
your healthcare and pharmacy spend.

 Here are examples of companies we have
delivered savings to:

Case Study

The Problem

A mattress manufacturer is being "up-charged" nearly $1M in "spread" or drug markup pricing (this is the first line minus the fourth line of the analysis). That is pure profit for the PBM or other entities who are receiving compensation for your business.

Our Solution

Savings #1 – That $1M goes away immediately by contracting with
Southern Scripts and my 100% passthrough pricing contracts.

Savings #2 – Through our trademarked Variable Copay program for
high cost brand ad specialty drugs, where we maximize the value of
pharmaceutical manufacturer coupons for the members AND the
employer, we delivered additional savings of over $500,000 (conservative
estimate). We provide this program on over 2,000 medications and
growing.

Savings #3 – We delivered nearly a quarter million dollars in
conservative savings by deploying smart clinical management
strategies, for instance dispensing a generic instead of the more
expensive brand medication.

We found that they should be receiving between $510,000 – $690,000 in rebates
– we passed these back to them 100%.

All in, including netting out our administrative fee which we contractually warrant is our sole source of revenue, we were able to
save this manufacturer nearly $1.5M on your annual drug spend – just over $16 per prescription across all prescriptions.

 

Variable Copay - (Client) examples

* Savings with Southern Scripts (SS)
Drug # of Rx Plan Total Paid Net Paid Per Rx Net Paid Per Rx Net Paid Per Rx
Revlimid 8 $103,555.36 $12,944.42 $2,015.87 $16,126.96
Humira Pen 33 $151,300.05 $4,584.85 $1,151.84 $38,010.72
Lantus 20 $5,189.00 $259.45 $149.94 $2,998.80
Lantus SoloStar 20 $15,417.40 $770.87 $290.74 $5,814.80
Janumet 34 $14,009.02 $412.03 $114.20 $3,882.80
Victoza 31 $23,964.86 $773.06 $129.31 $4,008.61
Invokana 65 $28,713.75 $441.75 $380.07 $24,704.55
Trokendi XR 4 $1,859.88 $464.97 $160.72 $642.88
Xarelto 36 $14,469.84 $401.94 $216.49 $7,793.64
Farxiga 23 $10,253.17 $401.94 $205.46 $4,725.58
Januvia 20 $7,893.80 $394.69 $96.86 $1,937.20
Levemir FlexTouch 20 $8,406.60 $420,33 $69.68 $1,393.60
HumaLOG 15 $12,779.55 $851.97 $189.52 $2,842.80
HumaLOG KwikPen 20 $10,977.40 $548.87 $143.34 $2,866.80
NovoLOG 17 $9,695.10 $570.30 $110.82 $1,883.94
Total 366 $418,484.78 $24,285.29 $24,285.29 $119,633.68
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