November 14, 2018

Optum launches benchmarking to enhance its suite of analytical tools by introducing data which hospices can compare their drug utilization against other hospices


Optum Hospice Pharmacy Services, formerly HospiScript, the industry’s oldest hospice-centric pharmacy service provider, has added benchmarking to its existing suite of analytical tools. Optum is excited to release a proprietary benchmarking algorithm that compares a hospice’s medication utilization to a benchmark created out of the entire Optum database.  While other providers often look at trends and do a basic comparison against other hospices, Optum uses analytics to normalize data so our partners can really benchmark their drug utilization against other hospices.

 “A hospice’s utilization is paired with normalized Optum utilization, which allows for proper evaluation of benchmarking creating a comparison of apples to apples.  For example, statistically Optum can say that your hospice is utilizing less or more cholesterol medications than the benchmark. It’s this type of data that gets hospice teams to lean forward and take notice.”  said Amanda Weiland, PharmD, BCGP – Clinical Manager of Client Relations, Optum Hospice Pharmacy Services.

Optum clients will start to receive HospiMark benchmarking in their Hospice Best Practice Indicators (HBPIs), to help streamline their evaluation of medication utilization and assist in creating priorities based on their medication utilization trends.

To learn more about this new enhancement,
contact Optum for additional information.

About Optum Hospice Pharmacy Services
Optum is a leading health services and innovation company, which includes the Hospice Pharmacy Service business (previously HospiScript) that delivers care-focused, innovative and cost-effective solutions.  With 100,000+ people world-wide, hundreds dedicated to hospice, Optum combines its pharmacy network, clinical programs, analytic tools, technology solutions and educational resources to deliver a flexible, forward-thinking approach to hospice care. Optum uniquely collaborates with all participants in health care. Hospitals, doctors, pharmacies, employers, health plans, government agencies and life sciences companies rely on Optum services and solutions to solve their most complex challenges and meet the growing needs of the people and communities they serve. For more information visit: www.optum.com/hospicepharmacy