Payer leadership is responsible for breaking down data silos to provide beneficial services for members and counter business cost pressures.
An elevated member experience that supports business goals requires that payers help dissolve the barriers between medical and drug benefit teams, working to better align with providers and clinicians. This is increasingly true as medical procedures and pharmacological decision-making become more complex. Payer teams will have more opportunities to contribute to an improved member experience when they have a foundation of aligned drug and medical data and clinical content that supports informed business decisions in a modern healthcare environment.
Real-time data in healthcare improves the member experience
Payers and providers should coordinate their perspectives to find timely answers and identify the best possible treatment for their patients and members. For payers, this can be difficult because of the accelerating rate of medical knowledge, new FDA approvals being at an all-time high, and unprecedented spending on specialty drugs.
Providing payer teams with real-time data that aligns disparate electronic systems reduces friction and supports three primary downstream benefits that directly impact the member experience—promoting mass personalization of health content and member outreach.
1. Collaboration through evidence-based practice in healthcare
Aligned drug and medical data supports collaboration between multiple stakeholders, including payers, providers, and pharmacy benefit managers (PBMs). This coordination creates a cohesive ecosystem that supports a holistic and consistent member experience.
The patient experience is a key category in CMS Star Ratings, and pharmacists are essential influencers of this experience. Providing them with aligned data can support improved experience around medication adherence—a triple-weighted Star Ratings measure.