Inovalon Investor Conference Presentation Deck slide image

Inovalon Investor Conference Presentation Deck

Pharmacy Platform Offering Example Inovalon's ScriptMed® Cloud empowers a 15% to 17% reduction in cost to serve per script versus current industry-standard enterprise platform solutions supporting the Specialty Pharmacy marketplace. Applied to an industry benchmark of $60.15 per specialty pharmacy script, this reduction translates into approximately $9.02 to $10.21 in savings per fill. In the setting of a specialty pharmacy processing 1 million scripts per year, this accumulates to approximately $9.0 to $10.2 million in savings per year. Cost to Serve Referral Clinical Order Fulfillment Revenue Cycle Contracts Inventory Overhead INOV Investor Presentation (1.14.20) v1.0.0 Referral cost reduction of 9.7% from: Auto data prefilling reducing time and costs vs. manual entry Improved data accuracy reducing error correction time and process delays Automation reducing labor Electronic connections replacing phone and fax time and costs Clinical cost reduction of 4.9% from: Expanded data-driven clinical capabilities Direct-connect with EHRS Improved patient adherence Order cost reduction of 0.5% from: Lowered re-work rates Improved processing of order exceptions Fulfillment cost reduction of 0.5% from: Lowered re-work and return rates Optimization of shipping and routing RCM cost reduction of 0.5% from: Reduced labor and improved medical claims and payment processing 4 Overhead cost reduction of 1.0% from: Operational & performance visibility tools Simplified training, skill requirements, and job aids Reduced Cost to Serve by 15% to 17% 15% to 17% Reduction in Cost to Serve 40
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