Express Scripts Creates a Digital Health Formulary
Efforts to increase provider and patient safety
From the Express Scripts news release:
By adopting a digital health formulary, plan sponsors can confidently deploy a digital health product to their members knowing it has been through a uniform review process to ensure its safety, quality, usability and affordability. The digital health formulary also will:
- Reduce the administrative burden for plan sponsors associated with contracting and managing digital health companies
- Help improve affordability by leveraging Express Scripts’ size and scale in the purchasing of digital health products, and
- Create a pathway to cover the increasing number of prescription-only digital therapeutics that are coming to market.
Initially, the digital health formulary will include solutions for diabetes, cardiovascular, behavioral health and pulmonary conditions, and will later expand to include tools for other chronic and complex conditions.
Clients still will have the ability to choose which digital solutions they provide or cover for their members; inclusion on the digital health formulary will not guarantee that a plan will cover a certain technology.
A link to the original article on the Express Scripts websiteThe new formulary will help payers ensure the safety, effectiveness and usability of digital health technology tools made available to their members. Available in 2020, the digital health formulary will be a curated list of technology- and software-enabled applications and devices that help patients prevent, manage or treat a medical condition.