Intelligent Solutions in Pharmacy Benefits
612 Wheelers Farms Road, Milford, CT 06461
At the Annual Leadership Meeting for The Essex Group on December 12th, Dave Sirowich and Bob Kademian of Pharmacy Benefit Consultants PBIRx presented key points regarding the innovative Population Health Management program being implemented at the company, to the 100 attendees.
Bob Kademian, Director of Strategic Accounts, a pharmacist and certified wellness coach, discussed the importance of wellness, the importance and advantages of preventing diseases vs. treating diseases, specific diseases and drugs that can be part of a population health management program, and the initial component of the program which involves tobacco cessation which is effective January 1, 2014.
Dave Sirowich, Executive VP of PBIRx, also reviewed how PBIRx has been working with The Essex Group since 2011 having saved nearly 50% of anticipated pharmacy benefit costs for the company. Further, he stated that "the objectives of PBIRx are to minimize healthcare costs while supporting the optimization of healthcare outcomes, and the Population Health management program at The Essex Group is consistent with those objectives." For that reason he stated that he was excited about what PBIRx and The Essex Group could achieve together with this program. He further stated that only a comprehensive integrated program involving non-drug components, vs. merely giving away prescription drugs at $0 copayment, is the key to success with such a program.
The Essex Group, D/B/A Elder Services is a senior care company with six sites in Massachusetts, and is based in Rowley, MA. It provides a number of services for seniors such as: long term living; short term recovery; rehabilitation; physical, occupational, and speech therapy; and 24-hour nursing, on-call physicians, labs X-ray & pharmacy. They also provide psychiatric and psychological consults, hospice and social and recreational programs. They now provide assisted living services as well.
PBIRx is a pharmacy benefit consulting and auditing firm based in Milford, CT with offices in Indiana and Tennessee. The company offers consulting, auditing, actuarial, clinical, and prescription/medical data integration services.