EquivaMeds
  
 
Questions?
Toll Free (US):
866.977.3637
Monday-Friday 8am -5pm EST

Phone
  News and Events

New Tool Helps Employers Lower Drug Costs... more

New Research Tool Helps Consumers Save on Medications ... more

You Can Save More on Prescription Drugs... more

  Twitter
 
EquivaMeds

EquivaMeds Helps Employers Save Up to $600 per Employee per Year

SARASOTA, Fla., Jan. 29 /PRNewswire/ -- As American businesses take belt-tightening to new levels to counter the ongoing recession, one technology company is introducing a new service to help organizations address one of the fastest-growing expenses -- healthcare.

EquivaMeds (www.EquivaMeds.com) helps self-insured employers lower prescription drug costs for employees. The service helps members analyze their current medications, identify lower cost options and communicate the results privately back to their doctors.

The EquivaMeds proprietary database application searches thousands of equivalent-class medications, brand and generic drugs, that are up to 80% less expensive. Medications suggested by EquivaMeds are available at local pharmacies, so the recommendations easily integrate into an organization's prescription benefit plan.

Doctors have the final say and most say they appreciate the cost information, which is not typically available when physicians prescribe.

"We call EquivaMeds 'the best thing since generics' because we think it will have a similar impact on drug costs," said Phil St. John, President of Genuity Group LLC, the healthcare technology company that developed EquivaMeds in partnership with physicians.

EquivaMeds can find savings of $200 to $600 per employee, per year. One 5,000-member self-insured group saved $1 million in its first year of using the methodology. To learn more, visit www.EquivaMeds.com or call toll-free (866) 977-3637.
SOURCE  EquivaMeds

Rich Odato, Odato Marketing Group, +1-941-954-0345, rich@odatomarketing.com, www.odatomarketing.com, for EquivaMeds

 
   
Home | Calculator | Patients | Physicians | Employers | Partners | Contact | Tell a Friend | About Us
Disclaimer | Privacy | Terms of Use | Refunds | Sitemap | © 2009 Genuity Group, LLC all rights reserved
Website designed by Odato Marketing Group and Genuity Group