$348B
Prescription drug spend in 2020 reported by CMS1
simplifying the complex through our proprietary, intuitive application - MercerRx Passage
Prescription drug spend in 2020 reported by CMS1
gross Medicaid spending on the 50 most expensive drugs in 20191
State Medicaid programs are obligated to provide the most recent drugs to beneficiaries while balancing the limited state budgets and the sky-rocketing cost of specialty drugs.
MercerRx Government provides the cost-saving strategies you need.
Providing you direction to enlightened analytics
Our proprietary pharmacy rate-setting platform provides greater insight and transparency. This newly-released, best-in-class technology allows us to respond rapidly to market fluctuations and nimbly adjust to changes in our clients reimbursement approach. Multiple sources of data are now funneled and connected through a single source of truth. This results in more unified, accurate and fair rate calculations. MercerRx Passage provides the balance:
MercerRx Passage is a central resource for providers to submit their invoices or rate inquires - an easy Passage!
MercerRx Passage is a client dashboard that highlights survey and rate metrics as well as trends to help determine coverage options - spotlight Passage!
MercerRx Passage is a rate calculation application that increases the accuracy and efficiency resulting in more defensible rates - your Passage
A state case study to assist our state fee-for-service (FFS) Medicaid clients in becoming more efficient purchasers of pharmaceuticals, we need to accomplish two tasks. First, we must determine the level of program efficiency the state desires to purchase. And second, we must identify the service areas in which opportunities exist.
Specialty brand drug cost is currently one of the most important factors driving drug trends. As specialty drugs make up increasingly larger portions of state Medicaid pharmacy budgets, states must address ways to manage costs.
Ready to live better,
work brighter?
1 CVS Caremark 2020 Drug Trend Report
2 Rx Price Watch Report: Trends in Retail Prices of Specialty Prescription Drugs Widely Used by Older Americans, 2006 to 2020
* Results may vary
Learn more about our pharmacy strategies for state Medicaid programs or to see a personalized demo of MercerRx Passage.