Advanced Plan for Health Enters into Strategic Relationship with Tesser Health to Combat Rising Prescription Medication Costs
Teams with Digital Health Company to Help Employers and Employees Find Affordable Medications, Prevent Future Health Complications
IRVING, Texas, June 21, 2016 /PRNewswire/ -- Advanced Plan for Health, LLC (APH), a provider of data analytics technology to help organizations improve health benefits programs, today announced it is teaming with Tesser Health, a digital health company that offers WeRx, a prescription management tool designed to help self-insured employers and employees save money on prescription drug costs.
Employers provide Tesser Health with drug claims data on all member transactions. The data is supplied by APH's Poindexter, a data analytics risk engine custom-built for population health management. With information on more than 1 billion drug prices at 60,000 pharmacies and the 8 Ways to Save engine, WeRx analyzes the claims data to find ways to reduce employee spending on medications. WeRx engages with employees to suggest how they can save money and offers rewards when switching to better prescription drug or pharmacy alternatives.
"In 2015, amid significant growth (15 percent), the $364 billion pharmacy industry became the fastest-growing healthcare expense in America," said Dr. Ali Khoshnevis, chief health officer, Tesser Health. "Our platform uses evidence-based medicine and behavioral economics to help employees make better decisions on their medications."
"We're pleased to join with Tesser Health to offer WeRx to our self-insured employer clients," said Neil Godbey, CEO, Advanced Plan for Health. "Through this relationship, we're advocating for individuals to take more of a consumer-like approach to managing their health that can help lead to savings and better health outcomes."
About Tesser Health
Tesser Health uses health care data, user engagement, and behavioral science to change employee actions. The company's products include WeRx and SmartMod360, which have been recognized by Harvard Health and Consumer Reports. The company is headquartered in Miami and also operates in North Carolina. Today, Tesser Health works with large healthcare provider systems, leading healthcare technology companies, and self-insured employers to lower healthcare costs.
About Advanced Plan for Health, LLC
Founded in 2004, APH continuously delivers customized and precise, cost-saving answers and actions that help brokers, employers, providers, health plans and others optimize health benefit programs to produce maximum value and savings. APH leverages custom-built technology and an unparalleled history in healthcare data mining and analysis to generate a distinct view with proven, practical action plans. From troublesome trends in population health to inefficient providers, APH has the data and expertise to help its clients implement speedy actions that achieve short-term results and support long-term strategies. Additional APH offerings include the design and management of Nurse Navigation services, engagement and relationship building with local healthcare providers, health risk assessments, employee outreach strategies, as well as education and program implementation. Learn more at www.aph-online.com and www.mypoindexter.com.
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SOURCE Advanced Plan for Health, LLC
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