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Let the Innovators Lead the Way

  • Writer: Scripta
    Scripta
  • May 21, 2018
  • 2 min read

Updated: Jan 16, 2020


May 17, 2018 – Scripta partner shares strategies for health care cost containment at the World Health Care Congress in Washington, D.C.


With specialty drug and other pharmacy costs soaring, controlling pharmacy benefits spending was the topic on everyone’s minds at the World Health Care Congress this year. A session entitled Your Health Plan Has a Drug Problem generated the most buzz. As Eric Levin of Scripta said, “The savings are in the data, and innovative companies like Scripta are taking action.”


The massive annual conference began with a keynote address by famed investor John Doerr of Kliener Perkins. He sent a clear message: the path to fixing our expensive, overly-complex health care system starts with, “liberating the data and letting the innovators take care of the rest.”


At Scripta, we know the savings are in the data, but we also know that it takes a great deal of expertise to mine the data put it to work. Indeed, at a conference where “best practices” are well understood by most, with experts overflowing the halls, the real question became how to make sure best practices yield results—both in the human dimension and at the bottom line.


As Tom McGuinness, Chief Strategy and Commercial Officer for GE Healthcare noted, at Massachusetts General Hospital, “3 petabytes of data are collected and stored annually, but only 3% is actually used… Big data overwhelms typical analytics.” And while AI may soon help increase the uses for all those bits and bytes, for now, innovators like Scripta are driving change in the health care analytics space.


Scripta is bringing discipline to one of the most perplexing components of most employers’ benefits spend—pharmacy. Mr. Levin put it this way, “If an employee forgets to include a receipt for parking, their expense report is immediately rejected… meanwhile, PBMs send us bills that are hundreds of pages long, after a cursory glance at some pie charts and bar graphs… we just pay in full!” Woud you handle any other expense in this way?


At Scripta, we think it’s time to take action to control skyrocketing prescription drug costs.  Our software makes use of all the data. Every employee. Every transaction. And we make it easy for benefits advisors and their clients save millions on pharmacy spending.  Don’t believe us?  Just give us a try.  It is free to get started.

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Scripta™ is neither a pharmacy nor a doctor. The benefit service does not tell you what drug to take and does not participate in the drug selection process. Only your physician can determine the medications that are right for you. These alternative medications are options for less costly drugs that physicians may prescribe in place of the medications you are taking now. Scripta has reviewed your current medications only for the purpose of identifying potential cost savings for you to consider with your physician. Scripta has not analyzed the effectiveness or other therapeutic aspects of these medication alternatives. Accordingly, this report and any other forms of communication received from Scripta are not, nor should they be interpreted as, any form of treatment, drug regimen review, or provision of counseling or consultation by a prescriber, pharmacist or pharmacy. Do not stop taking your medication, change your medication, or start taking a new medication without being directed to do so by your physician and filling the prescription under the oversight of a licensed pharmacist. The alternatives set forth above may not be equivalent to your current medication, may interact adversely with your other medications, may not be indicated in light of your other conditions, may cause different or severe side effects, or may be less effective at treating your condition. Medication prices are approximate based on information provided by your pharmacy benefits manager, insurance plans, and/or employer, and may vary from pharmacy to pharmacy. Check with your insurance plan to obtain a full list of pharmacies where your prescriptions can be filled. All information herein is HIPAA protected, treated as highly confidential, and never shared with your employer.

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