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
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