GeriMed's ComboMed program provides pharmacies doing compliance packaging for patients in both retail and LTC settings ("Combo Pharmacies") benefits such as increased reimbursement, decreased cost-of-goods, no DIR fees, and representation traditionally associated with "closed-door" LTC pharmacies.
If your pharmacy provides compliance packaging for any of the following LTC settings, you are operating a combo pharmacy:
The Independence at Home (IAH) Demonstration tests a payment incentive and service delivery model for home-based primary care for Medicare fee-for-service (FFS) beneficiaries with multiple chronic illnesses. The Demonstration tests whether home-based primary care that is designed to provide comprehensive, coordinated, continuous, and accessible care to high-need patients improves health outcomes, improves the efficiency of care, and reduces the cost of health care services while achieving achieves beneficiary and family caregiver satisfaction.
The Centers for Medicare & Medicaid Services (CMS) found that the expenditures for IAH practices’ applicable beneficiaries were approximately 18.0 percent (equating to $42.3 million) below their spending targets, an average reduction of $6,585 per beneficiary. All 10 IAH participants (nine
practices and one consortium) reduced the per-beneficiary-per-month (PBPM) expenditures relative to the practice’s PBPM spending target.
Access the entire IAH document from CMS here.
Experience the unparalleled, adherence packaging automation technology of the RapidPakRx. The RapidPakRx is an efficient, all-in-one solution that improves Star Ratings and increases patient adherence.
Our Pharmacy Transformation program will allow you to make the most out of a combo pharmacy's benefits using our adherence packaging technology.