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July 22, 2024 Health/Employee Benefits News
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AmeriLife collaborates with DecisionRx

By Press Release

INDIANAPOLIS--(BUSINESS WIRE)--DecisionRx, Inc., a healthcare company reducing the cost of care by helping individuals eliminate medication failure, announced today a collaboration with AmeriLife Group, a provider of insurance and retirement solutions, to provide Medicare Advantage and Medicare Supplement patients access to its Medication Therapy Optimization platform. The DecisionRx MTO platform provides patients and providers with an analysis of which medications work with each patient’s unique genetics, lifestyle, and clinical history. DecisionRx pharmacist recommendations improve patient outcomes and reduce healthcare costs by optimizing prescribing decisions.

“Our engagement with AmeriLife represents a significant step forward in providing more patients with truly personalized medicine that incorporates genetics and a clinical pharmacist into a collaborative prescribing process”

Medication failure accounts for at least 16% of healthcare spending, making the DecisionRx MTO platform a valuable tool for improving healthcare efficiency and efficacy. Through this collaboration, AmeriLife will incorporate the DecisionRx MTO platform into its product development and distribution efforts, aiming to enhance the quality of life for the Medicare beneficiaries it serves across the United States. MTO has demonstrated significant benefits in clinical settings, including reducing annualized healthcare costs by $3,600 for Medicare patients and $1,200 for patients under age 65.

“AmeriLife is dedicated to helping people live longer, healthier lives, and collaborating with DecisionRx aligns well with this mission,” said Scotty Elliott, Chief Distribution Officer of Health for AmeriLife. “By integrating comprehensive medication review into our Medicare products, we can ensure our clients receive the most effective and personalized medication regimens, ultimately leading to patients who are more satisfied with their health plans and providers, and at a lower overall cost.”

DecisionRx clinical pharmacists work on patients’ behalf to mitigate medication failure by making personalized medication recommendations to prescribers, informed by the latest clinical and data science, and delivered in a value-based care model.

“Our engagement with AmeriLife represents a significant step forward in providing more patients with truly personalized medicine that incorporates genetics and a clinical pharmacist into a collaborative prescribing process,” said James Wallace, CEO of DecisionRx. “AmeriLife’s extensive health distribution platform and commitment to quality, technology-driven health care solutions make them an ideal partner to expand the impact of our MTO platform. Together, we will help more patients achieve optimal health by ensuring they receive the right medications based on their unique genetic and clinical profiles.”

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