PURCHASE PRICE OPTIMIZATION FOR PRESCRIPTION PRODUCT PURCHASE ORDERS

• US 20150278924A1
• Filed: 03/31/2014
• Published: 10/01/2015
• Est. Priority Date: 03/31/2014
• Status: Abandoned Application

• Current Assignee: McKesson Corp.
• Original Assignee: McKesson Corp.
• Inventors: Maurer, Andrew, Codding, Angela, Selby, Richard
• Application Number:
  US14/231,256
• Publication Number:
  US 20150278924A1
• Time in Patent Office: Days
• US Class Current: 1/1
• CPC Class Codes: G06Q 30/0635 Processing of requisition or of purchase orders

Abstract

Systems, methods, and computer-readable media for performing purchase price optimization for a prescription product purchase order are disclosed. At least a portion of a desired quantity of the prescription product that is not eligible for reduced pricing may be substituted for one or more generic products corresponding to the prescription product that are eligible for reduced pricing.

Claims

1. A method, comprising:

receiving, by one or more computers comprising one or more processors and on behalf of a requestor, a request for a desired quantity of a prescription product;

determining, by the one or more computers, that at least a portion of the desired quantity of the prescription product is not eligible for a first reduced price in accordance with a drug pricing program;

identifying, by the one or more computers, one or more candidate generic products corresponding to the prescription product;

selecting, by the one or more computers, at least one candidate generic product from among the one or more candidate generic products based at least in part on an eligibility of each of the at least one candidate generic product for a respective corresponding reduced price in accordance with the drug pricing program;

generating, by the one or more computers, proposed order information, wherein generating comprises substituting the at least a portion of the desired quantity of the prescription product that is not eligible for the first reduced price with an equivalent quantity of the at least one candidate generic product; and

transmitting, by the one or more computers, the proposed order information for presentation to the requestor.

2. The method of claim 1, wherein determining that at least a portion of the desired quantity of the prescription product is not eligible for the first reduced price comprises:

retrieving, by the one or more computers, dispensing data for the prescription product;

evaluating, by the one or more computers, the dispensing data for the prescription product to determine a number of dispensed units that qualify for the first reduced price;

determining, by the one or more computers, a replenishment threshold corresponding to the desired quantity; and

determining, by the one or more computers, that the number of dispensed units does not meet or exceed the replenishment threshold.

3. The method of claim 1, wherein the replenishment threshold comprises a summation of multiple replenishment increment thresholds.

4. The method of claim 1, wherein identifying one or more candidate generic products comprises:

determining, by the one or more computers, an identifier of the prescription product; and

accessing, by the one or more computers, generic equivalency data indicating a correspondence between the identifier of the prescription product and one or more additional identifiers associated with the identifier of the prescription product;

identifying, by the one or more computers, a set of generic products corresponding to the prescription product based at least in part on the correspondence between the identifier of the prescription product and one or more additional identifiers;

accessing, by the one or more computers, at least one of pricing data associated with the set of generic products or distribution center inventory data associated with the set of generic products; and

identifying, by the one or more computers, the one or more candidate generic products from the set of generic products based at least in part on the at least one of the pricing data or the distribution center inventory data.

5. The method of claim 1, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein selecting the first candidate generic product comprises:

accessing, by the one or more computers, dispensing data for the first candidate generic product;

determining, by the one or more computers, a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determining, by the one or more computers, that the quantity of the first candidate generic product is greater than or equal to the desired quantity of the prescription product.

6. The method of claim 1, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein selecting the first candidate generic product comprises:

accessing, by the one or more computers, dispensing data for the first candidate generic product;

determining, by the one or more computers, a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determining, by the one or more computers, that the quantity of the first candidate generic product is greater than a respective quantity of each other candidate generic product eligible for the respective reduced price corresponding to each other candidate generic product.

7. The method of claim 1, wherein the at least one candidate generic product comprises a first candidate generic product and a second candidate generic product, and wherein selecting the first candidate generic product and the second candidate generic product comprises:

accessing, by the one or more computers, dispensing data for the first candidate generic product and the second candidate generic product;

determining, by the one or more computers, a first quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product and a second quantity of the second candidate generic product eligible for the respective reduced price corresponding to the second candidate generic product; and

determining, by the one or more computers, that the sum of the first quantity of the first candidate generic product and the second quantity of the second candidate generic product is greater than or equal to the desired quantity of the prescription product.

8. The method of claim 1, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein selecting the first candidate generic product comprises:

accessing, by the one or more computers, dispensing data for the first candidate generic product;

determining, by the one or more computers, a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determining, by the one or more computers, that the quantity of the first candidate generic product is greater than or equal to the at least a portion of the desired quantity of the prescription product that is not eligible for the first reduced price.

9. The method of claim 1, wherein the first reduced price is a first 340B price, and wherein the respective corresponding reduced price for each of the at least one candidate generic product is a respective corresponding 340B price.

10. The method of claim 1, wherein the at least a portion of the prescription product that is not eligible for the first reduced price must be purchased at a Wholesale Acquisition Cost (WAC) price, and wherein the respective reduced price corresponding to each of the at least one candidate generic product is a price less than the WAC price.

11. A system, comprising;

at least one memory storing computer-executable instructions; and

at least one processor configured to access the at least one memory and to execute the computer-executable instructions to;

receive, on behalf of a requestor, a request for a desired quantity of a prescription product;

determine that at least a portion of the desired quantity of the prescription product is not eligible for a first reduced price in accordance with a drug pricing program;

identify one or more candidate generic products corresponding to the prescription product;

select at least one candidate generic product from among the one or more candidate generic products based at least in part on an eligibility of each of the at least one candidate generic product for a respective corresponding reduced price in accordance with the drug pricing program;

generate proposed order information, wherein generating comprises substituting the at least a portion of the desired quantity of the prescription product that is not eligible for the first reduced price with an equivalent quantity of the at least one candidate generic product; and

transmit the proposed order information for presentation to the requestor.

12. The system of claim 11, wherein the at least one processor is configured to determine that at least a portion of the desired quantity of the prescription product is not eligible for the first reduced price by executing the computer-executable instructions to:

retrieve dispensing data for the prescription product;

evaluate the dispensing data for the prescription product to determine a number of dispensed units that qualify for the first reduced price;

determine a replenishment threshold corresponding to the desired quantity; and

determine that the number of dispensed units does not meet or exceed the replenishment threshold.

13. The system of claim 11, wherein the replenishment threshold comprises a summation of multiple replenishment increment thresholds.

14. The system of claim 11, wherein the at least one processor is configured to identify the one or more candidate generic products by executing the computer-executable instructions to:

determine an identifier of the prescription product; and

access generic equivalency data indicating a correspondence between the identifier of the prescription product and one or more additional identifiers associated with the identifier of the prescription product;

identify a set of generic products corresponding to the prescription product based at least in part on the correspondence between the identifier of the prescription product and one or more additional identifiers;

access at least one of pricing data associated with the set of generic products or distribution center inventory data associated with the set of generic products; and

identify the one or more candidate generic products from the set of generic products based at least in part on the at least one of the pricing data or the distribution center inventory data.

15. The system of claim 11, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein the at least one processor is configured to select the first candidate generic product by executing the computer-executable instructions to:

access dispensing data for the first candidate generic product;

determine a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determine that the quantity of the first candidate generic product is greater than or equal to the desired quantity of the prescription product.

16. The system of claim 11, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein the at least one processor is configured to select the first candidate generic product by executing the computer-executable instructions to:

access dispensing data for the first candidate generic product;

determine a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determine that the quantity of the first candidate generic product is greater than a respective quantity of each other candidate generic product eligible for the respective reduced price corresponding to each other candidate generic product.

17. The system of claim 11, wherein the at least one candidate generic product comprises a first candidate generic product and a second candidate generic product, and wherein the at least one processor is configured to select the first candidate generic product and the second candidate generic product by executing the computer-executable instructions to:

access dispensing data for the first candidate generic product and the second candidate generic product;

determine a first quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product and a second quantity of the second candidate generic product eligible for the respective reduced price corresponding to the second candidate generic product; and

determine that the sum of the first quantity of the first candidate generic product and the second quantity of the second candidate generic product is greater than or equal to the desired quantity of the prescription product.

18. The system of claim 11, wherein the at least one candidate generic product comprises a first candidate generic product, and wherein the at least one processor is configured to select the first candidate generic product by executing the computer-executable instructions to:

access dispensing data for the first candidate generic product;

determine a quantity of the first candidate generic product eligible for the respective reduced price corresponding to the first candidate generic product; and

determine that the quantity of the first candidate generic product is greater than or equal to the at least a portion of the desired quantity of the prescription product that is not eligible for the first reduced price.

19. The system of claim 11, wherein the first reduced price is a first 340B price, and wherein the respective corresponding reduced price for each of the at least one candidate generic product is a respective corresponding 340B price.

20. The system of claim 11, wherein the at least a portion of the prescription product that is not eligible for the first reduced price must be purchased at a Wholesale Acquisition Cost (WAC) price, and wherein the respective reduced price corresponding to each of the at least one candidate generic product is a price less than the WAC price.