Driving Insights in the Age of Big Data

By:Camilo Mitchum, Sr. Product Manager, Analytics

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In the modern age of business, the word data is ubiquitous. Businesses have largely succeeded in defining strategies to store and retain data, but understanding data is a much more challenging task. With the massive volumes of data produced by day-to-day operations and external sources, especially in the healthcare industry, it is understandable many organizations suffer from analysis paralysis. Or, worse – they are unaware of the information they could be gaining from their data. A variety of industries, including consulting firms, software analytics companies, data aggregators and many options in between, have unsuccessfully attempted to solve the problem.

 

At AllianceRx Walgreens Pharmacy, we are taking important steps to support our health care partners and ultimately our patients to attain more value from the pharmacy data we receive and generate. We offer SpecialtyScope, a data solution to help payers identify meaningful inflection points in their analyses, and guide them in evaluating the best ways to improve operations, patient satisfaction, and operational effectiveness. Based on feedback from our clients, our platform goes beyond the simple presentation of reports to determine what drivers are impacting patient care and financial outcomes, ultimately allowing faster and more informed business decisions. 

 

For example, TrackRx, a key feature of SpecialtyScope, enables clients to look up the fulfilment status for specific patients and address prescriptions needing additional operational support. Another key feature is our approach to the user interface and design. Our subject matter expertise in specialty pharmacy allows us to anticipate client needs and maximize the user experience. We understand garnering insights from data requires exploration, which we deliver through our platform’s ability to customize and control data filters and views for specific analytical case studies and research.

 

The specialty pharmacy industry is ever changing, and so the need for analytics will continue to evolve as data literacy and exposure continue to grow across companies and throughout roles and functions. Similarly, SpecialtyScope will continue to expand capabilities and features in response to the needs of our healthcare partners. Growing computing power and expertise in artificial intelligence and machine learning is already shifting the landscape of analytics and operations. Our platforms are currently undergoing advancements to leverage the proliferation of these capabilities and offer additional insight capacity to our clients. 

 

We at AllianceRx Walgreens Pharmacy, in addition to providing our health care partners with digital, actionable pharmacy data, strive to be a strategic partner enabling their success so together we can improve patients' lives. 

 

For additional information on SpecialtyScope, please contact us.


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