Copay Optimization
Process of identifying medications with the lowest copays for patients based on their insurance coverage.
Copay optimization is the process of identifying medications with the lowest copays for patients based on their specific insurance coverage and formulary. This helps reduce out-of-pocket costs and improve medication adherence. Clinical decision support systems can provide real-time copay information and suggest lower-cost alternatives during prescribing, enabling healthcare providers to make cost-conscious decisions that benefit their patients.
Keywords
Every Medication Workflow. Connected.
Formidable develops the systems that let healthcare organizations prescribe, sign, harmonize, and dispense — digitally and compliantly. From electronic prescriptions to FHIR interoperability, we turn complex workflows into production-ready software.