Title: International Prescription Programs
1International Prescription Programs
Presenters G. Anthony Howard President CEO
CanaRx Services Inc. Margaret M. McNamara
Director of Pharmacy COO CanaRx Services Inc.
2Agenda
- U.S. Medication Costs
- Drug Utilization
- Legality
- Safety
- Service
- Savings
3Drug Cost Comparison
CPI
U.S. Drug Cost
CPI
CanaRx Total Cost
4Video
- CNN House Call with Dr. Sanjay Gupta
5Top 10 Brands
6Drug Utilization
Mail
Local
Generic
7Generics
Locally Supplied Multi-sourced Competition
Lowest Cost Option Minimal Inflation No
International Savings
Generic
8Locally Supplied
- Require MDs Supervision
- Application
- Variable Dosage
- 30 Day Supply Or Less
- Antibiotics
- Acute Care
- Restricted From Mail
- Controlled Substances
- Decongestants
- Refrigerated / Bulk
Local
9Mail Order
- Maintenance Meds
- Long Term Chronic Therapy
- 90 Day Supply
- Name Brand
- Single Sourced
- Highest Cost
- Greatest Inflation
10International Issues
11Legal Issues
- FDA Concerns
- Personal Importation DirectiveÂ
- Wholesale Prohibited
- Internationally CompliantÂ
- Tier 1 Countries
- Dispensing ModelÂ
- InspectionsÂ
Legality
12Legal Issues
- FDA Concerns
- Program Liabilities
- Individually PurchasedÂ
- Voluntary ProgramÂ
- Reimbursement
13Legal Issues
- FDA Concerns
- Program Liabilities
- P.B.M. ContractingÂ
- Wholesale Marketing Prohibited
- Personal Purchase Outside of ContractÂ
- HIPAA Compliant
14Safety Issues
- Product Sourcing
- FDA Approved Manufacturing Facilities / Tier 1
Countries - Government Regulated
- Certified Meds
- Factory Sealed Packaging
- Drug Pedigree
Safety
Legality
15International Drug Pedigree
Pharmaceutical Manufacturer
Wholesaler
Registered Licensed Pharmacy
Patient
16Safety Issues
- Product Sourcing
- Distribution Network
- Practicing Licensed MDs
- Active Licensed Pharmacists
- Certified Licensed
- Pharmacies
- CanaRx Inspected
Safety
Legality
17Safety Issues
- Product Sourcing
- Distribution Network
- Mandatory Standards
- Restricted Formulary
- No New-to-you Meds
- Education Leaflets
- AMA Verification
- U.S. Based DUR
- 24/7 On Call Pharmacist
18Service Standards
- Launch Support
- Seamless Open EnrollmentÂ
- Program Verifications
- Customer Service Reps
- Â Â
- Customized ReportingÂ
Service
Safety
Legality
19Savings
- Retail vs. CanaRx
- Savings Summaries
Savings!
20Domestic Retail vs. CanaRx Cost Comparison
Savings 49
21City Meds Example (Inception Date August 1,
2005) Summary Savings Results April 1- June 30,
2007
Projected Twelve Month Savings 792,078.32
22County Meds Example (Inception Date December
13, 2004) Summary Savings Results January 1- June
30, 2007
Projected Twelve Month Savings 1,356,682.66
23Order Flow Chart
24Order Flow Chart
25Order Flow Chart
26Order Flow Chart
27Drug Cost Comparison
CPI
U.S. Drug Cost
CPI
CanaRx Total Cost