Haris Ashley
MedImpact is a Pharmacy Benefit Manager (PBM) that helps members manage their medications and related costs. It works with plan sponsors and network pharmacies to provide information about medicines, including instructions, side effects, and lower-cost options. MedImpact also offers a mobile app that allows members to manage their daily medications, set reminders, and track adherence. Additionally, MedImpact serves hospital-based employers and provides solutions to maximize in-house fulfillment and offers a customizable online member portal with employee-specific data.
| Characteristics | Values |
|---|---|
| Type of Insurance | Pharmacy benefit manager (PBM) |
| Who is it for? | MedImpact serves hospital-based employers across the country |
| Features | Online member portal with employee-specific data, including cost-sharing amounts, formulary list, and a pharmacy locator |
| Home delivery | |
| Mobile app to manage daily medications, set reminders, and track adherence | |
| Therapeutic substitution | |
| Information about medicine, including how to take it, potential side effects, and lower-cost drug options | |
| Coinsurance | |
| Cost-sharing |
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What You'll Learn
MedImpact is a Pharmacy Benefit Manager (PBM)
MedImpact serves hospital-based employers and has a deep understanding of the needs of these groups. They offer each client a user-friendly, mobile-ready, customizable online member portal with employee-specific data, including cost-sharing amounts, a formulary list, and a pharmacy locator. MedImpact also offers comprehensive and fully automated 340B solutions through its subsidiary, SunRx.
MedImpact's clinical, regulatory, and data analytics capabilities help government program clients perform better in audits, achieve more stars, and earn greater bonus payments. Their analytic tools support Continuous Quality Improvement, the National Committee for Quality Assurance, and other accreditation initiatives, while also helping to spot and diagnose gaps in drug therapy and care.
MedImpact is committed to making it easy for members to manage their medications and related costs. They offer a mobile app that allows members to manage their daily medications, set reminders, track adherence, and access information about pharmacy closures. MedImpact also provides a feature called MedImpact Direct, which offers home delivery for members' medications, saving them time and money.
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MedImpact provides analytics tools to support Continuous Quality Improvement
MedImpact is a pharmacy benefits management company that provides analytics tools to support Continuous Quality Improvement. MedImpact serves hospital-based employers and offers solutions to help manage the complexities of government programs and the healthcare system.
The company's analytic tools support Continuous Quality Improvement initiatives by helping to identify and diagnose gaps in drug therapy and care. MedImpact's clinical professionals provide peer-reviewed drug, disease, and therapeutic class monographs, drug pipeline reports, and specific education programs for Medicare Part D and Medicaid plan sponsors.
MedImpact's Quality Performance Management Program (QPMP) is a key analytics tool that empowers better decision-making. It provides information from the population to the member level about adherence, treatment gaps, and safety issues. QPMP utilises advanced technologies, including artificial intelligence and predictive analytics, to deliver insights via easy-to-understand dashboards. This enables users to identify areas requiring immediate action and long-term improvement opportunities.
Additionally, MedImpact's clinical and business intelligence tools enable clients to understand and address gaps in care effectively. Clients can choose to manage their own programs, delegate administration to MedImpact, or share responsibilities. Through its subsidiary, SunRx, MedImpact offers 340B solutions, providing contract pharmacy management technology, split billing, and invoice analysis to simplify pharmacy program management.
MedImpact's analytics tools have helped government program clients perform better in audits, achieve higher ratings, and secure greater bonus payments. By combining clinical, operational, and regulatory expertise with advanced analytics, MedImpact supports Continuous Quality Improvement and improves healthcare outcomes.
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MedImpact Direct offers home delivery
MedImpact is a pharmacy benefit manager (PBM). They work with your plan sponsor and your network pharmacies to provide information about your medicine, including how to take it, potential side effects, and lower-cost options. MedImpact Direct offers home delivery, saving you time, money, and a trip to the drugstore.
MedImpact Direct is a convenient way to get your medications delivered right to your door. With MedImpact Direct, you can access your pharmacy benefits and save money, all while leading a healthier life. You can log in to your account to learn more about your benefits, copays, deductibles, and the status of your claims. The MedImpact mobile app also lets you manage your daily medications, set reminders, and track adherence.
The MedImpact P&T Committee, a group of healthcare professionals, reviews and makes recommendations for the therapeutic use of drugs in the MedImpact formularies. MedImpact also offers a user-friendly, mobile-ready, and customizable online member portal with employee-specific data, including cost-sharing amounts, a formulary list, and a pharmacy locator.
Additionally, MedImpact's subsidiary, SunRx, offers comprehensive and fully automated 340B solutions, including contract pharmacy management technology, split billing, and invoice analysis. MedImpact is committed to making it easier for members to manage their medications and related costs, providing new features and tools to support members' health and wellbeing.
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MedImpact offers a mobile app to help members manage their medications
MedImpact is a healthcare company that serves hospital-based employers and government programs. It offers a range of services to help clients navigate the complexities of healthcare and manage costs, while also improving the experience for employees. MedImpact provides clinical, operational, and regulatory expertise, as well as data analytics, to support its clients in performing better and providing better care.
MedImpact also offers an online member portal, which is user-friendly and accessible on mobile devices. This portal gives members access to various tools and resources to help them manage their medications and related costs effectively. One of the key features of the portal is the "Medicine Chest," which allows members to track their daily medications, set refill reminders, and monitor their adherence.
The MedImpact mobile app, available on the App Store and Google Play, further enhances the functionality of the member portal by providing on-the-go access to medication management tools. With the app, members can set reminders to take their medications and mark when they have taken them directly from their Apple Watch without needing to log in.
In addition to medication management, the MedImpact Consumer Portal and app offer several other features. These include a Savings Calculator that analyzes claims history to recommend cost-saving alternatives, a Drug Price Check tool for quick cost comparisons between pharmacies, and a Vaccine Module to help members find nearby pharmacies offering flu vaccines and other important boosters.
By leveraging technology and providing easy-to-use tools, MedImpact empowers its members to take control of their medication management and make more informed decisions about their healthcare. The company's commitment to quality healthcare is evident through its innovative solutions that integrate prescription coverage with third-party discount programs, ultimately reducing drug costs for both plans and members.
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MedImpact provides acute drugs, which are taken for a short period
MedImpact is a Pharmacy Benefit Manager (PBM) that provides pharmacy benefits to more than 20 million members. MedImpact works with health plans to ensure members can easily access their pharmacy benefits, save money, and lead healthier lives.
MedImpact's P&T Committee, a standing committee made of healthcare professionals, reviews and provides recommendations for the therapeutic use of drugs in the MedImpact formularies. MedImpact works with plan sponsors and network pharmacies to provide members with important information about their medicine, including how to take it, potential side effects, and lower-cost drug options.
MedImpact also offers an online member portal with employee-specific data, including cost-sharing amounts, a formulary list, and a pharmacy locator. Additionally, MedImpact provides an app that allows members to manage their daily medications, set reminders, and track adherence.
MedImpact serves hospital-based employers and has a deep understanding of their needs. Through its subsidiary, SunRx, MedImpact offers comprehensive and fully automated 340B solutions, including contract pharmacy management technology, split billing, and invoice analysis, to simplify and manage 340B pharmacy programs.
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Frequently asked questions
MedImpact is a Pharmacy Benefit Manager (PBM).
A pharmacy benefit manager administers the pharmacy portion of your healthcare benefits, as defined by your plan sponsor.
A plan sponsor is the party responsible for the payment of healthcare-related products and services expenses and is sometimes called a "payer".
MedImpact works with your plan sponsor and your network pharmacies to provide timely, important information about your medicine, including how to take it, potential side effects, and any lower-cost drug options. MedImpact also helps members manage their medications and related costs and offers hospital-focused solutions to keep costs down.
