The following savings calculator is designed to represent a conservative real-world savings scenario that only takes into consideration the direct savings that can be identified and measured.
Just enter the number of people in entire group in this field.
Enter the target % of patients you plan to initially test. Most companies start with their chronic care management CCM patients who represent the highest overall healthcare costs with an average of 42Rx’s per year.
This is the average cost per prescription, the government averages this amount to be $75.00.
Enter the number of prescriptions written per year to patients that do not work and require additional treatment. The government estimates that an average as high as 45% of all prescriptions are suboptimal because of empiric prescribing and require the patient to have additional medical treatment. This number could be as high as 18% per year per CCM patient.
Enter the percent of the total population that have been PGx tested who avoided a critical event caused by a medication because of Pharmazam’s real-time patient specific reporting. Note: Pharmazam also immediately reports and notifies parties of potential critical ADRs prior to an event happening for people who have not had the PGx test, however genetic issues are not identified on those events (but those numbers are not taken into consideration in this scenario).
Enter a number that represents the average overall cost of an adverse drug event and includes hospital stays, additional ongoing treatment, additional medication expenses, as well as averaging in events that cause serious illness or death.
Enter the amount of additional people in your group that will receive the PGx test each year.
This is the one-time test cost for the Pharmazam full panel PGx test. Our test is the most comprehensive proprietary test available on the market and tests more genes for more medications including OTC meds.
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