How the lab at Express Scripts leverages data to predict — and prevent — healthcare problems
In 2013, the U.S. healthcare system spent more than $300 billion addressing the consequences of patients failing to take drugs they were prescribed, according to research from pharmacy benefit manager Express Scripts.
That’s a massive number — and a big issue that the St. Louis-based company is tackling at its Express Scripts Lab. The lab, which opened in 2010, roughly tripled in headcount last year and now houses more than 100 employees. One area of focus: working with data to better predict which patients will need extra nudges to stick to a medication regime.
“The mission of the lab is very much aligned with the mission of our company, Express Scripts, and that is to make drugs safer and more affordable for our plans and our members,” says Mark Bini, the company’s vice president of new solutions. “We have a research and advanced analytics team that takes mounds and mounds of data, mines that data, and develops meaningful insights from that data.”... continued ...