AI is one piece of the puzzle as we work to end price obfuscation in the PBM business. We'll make sure you always have the decision-making data you need.
Pharmacy Benefit Managers (PBM) play a critical role in improving healthcare efficiency, reducing costs, and ensuring patients receive the medications they need. The industry faces ongoing challenges, such as rising drug prices, complex regulatory requirements, and the need for greater transparency. However, the utilization of AI analytics?enhances?a PBM's ability to achieve improved outcomes for members through increased efficiency and cost savings, optimized formularies based on real-time data, and better patient outcomes through engagement with AI tools. Scripius has leveraged AI analytics to refine our pricing models. The integration of AI as an additional tool has significantly enhanced the effectiveness of our fraud detection tools. We are excited to continue the implementation of AI with our associates because of the following benefits we see from AI analytics: ? Optimized claims processing. ? Improved fraud detection. ? Enhanced medication adherence. ? Better drug pricing and cost management. ? Streamlined prior authorizations. Are there additional areas where AI is or should be incorporated into PBM operations? Let’s discuss in the comments! #Scripius #PBM