Ernst Introduces Drug Expense Forecasting System

NU Online News Service, March 25, 7:08 p.m. – Ernst & Young L.L.P., New York, is setting up the RxManager program, a service that will help health insurers, health plans and pharmacy benefit managers analyze prescription expenses.

The system compares actual expenses with expense figures generated by a private Ernst prescription expense model.

The model predicts how much a group of patients will spend on prescriptions, using data for factors such as frequency of use and intensity of use as well as price and quality.