ScriptMed® Cloud is the next generation technology for specialty patient care, empowered by the latest advanced and differentiated capabilities of the Inovalon ONE® Platform. These advancements include increased modularity, high-speed cloud-based compute, multi-stakeholder workflows, real-time healthcare ecosystem connectivity, advanced analytics and enhanced data visualization capabilities, and leverage Inovalon’s massive datasets. Bringing together scale, robustness, cost efficiencies, and advanced analytics, ScriptMed® Cloud, powered by the Inovalon ONE® Platform, enables unmatched functionality and financial benefits for the specialty pharmacy marketplace and the patients who are served.
Scalability and Reliability: Through the cloud-based environment, ScriptMed® Cloud delivers capacity scalability, uptime reliability, superior response times, and industry-leading business continuity and disaster resilience.
Data Supplementation: ScriptMed® Cloud leverages Inovalon’s massive datasets, real-time data access and connectivity to pre-populate many critical data elements, accelerating time to fill, dramatically decreasing processing costs and improving quality of care.
Advanced Real-Time Analytics: Inovalon’s cloud-based processing capabilities enable dramatic improvements in the achievement of valuable insights. Insights about the patient, prescriber, payer, medication and more can be delivered in real time to support interventions, outreaches or internal processes.
Multi-Stakeholder Functionality: ScriptMed® Cloud allows for seamless coordination, enabling parallel processes related to each patient’s needs, materially accelerating time-to-fill improvements.
Streamline Medical Billing Processes: ScriptMed® Cloud empowers synchronized, seamless processing to allow for many steps of the medical claims process to be handled concurrently, dramatically decreasing the medical billing processing time and expense.
Reduced Time to Fill: Replacing many of the time and labor-intensive steps, ScriptMed® Cloud drives decreased processing time, accelerating a patient’s start of therapy.
Reduced Cost to Fill: ScriptMed® Cloud reduces the touches and tasks for each prescription cycle, automating repetitive steps, minimizing data errors that can introduce costly re-work, and improving system responsiveness — all of which contribute to a significant reduction in total cost to fill.
Reduced Cost to Serve: ScriptMed® Cloud delivers automated processing across the specialty pharmacy continuum, decreasing cost to serve by up to 17%.
Advanced Data Visualization: Highly granular business intelligence tracking and reporting delivers insights on system, financial, clinical and operational status and performance in real time.