SlideShare una empresa de Scribd logo
1 de 7
Descargar para leer sin conexión
Prescription
for Savings
PHARMACEUTICAL INNOVATOR
TRUSTS THE CLOUD TO MAKE
MEDICINE AFFORDABLE
@ARMOR | ARMOR.COM | PAGE 2
Pharmacy colleges may instruct new pharmacists in the
science of medication, but they rarely prepare them for
patient dissatisfaction with rising prescription costs.
That’s what Dr. Michael Rea found as a recent graduate
when he went to work for a retail pharmacy chain,
where patients continually asked him about increasing
costs and insurance coverage.
“It felt like the movie Groundhog Day,” Rea recalled.
“Every day patients would ask why their medications
were getting more expensive.”
22% FOR EMPLOYERS
45% FOR EMPLOYEES
Rx Savings Solutions can
ultimately lead to real savings.
Headquarters:
Industry:
Website:
Overland Park, Kan.
Pharmaceutical
RxSavingsSolutions.com
One autumn day Rea had a conversation that haunted him.
An elderly woman with eight prescriptions asked
him which two she could skip safely. When he advised
her that she needed all of them, she explained that she
would have to forego some if she wanted to pay her rent.
Prescription
for Savings
PHARMACEUTICAL INNOVATOR
TRUSTS THE CLOUD TO MAKE
MEDICINE AFFORDABLE
@ARMOR | ARMOR.COM | PAGE 3
6 hours for change
Aghast, Rea went home that night and spent six hours
researching generic medicines and calling other
pharmacies for their prices. The next day he provided
his customer with a list of alternatives that could
save her $250 a month.
“The look on her face is forever ingrained in
my memory,” Rea said.
And so Rx Savings Solutions, a solution that helps
consumers save on prescription costs, was born. Dr.
Rea saw patients struggle to pay for their medications,
and he knew now they often paid more than needed. He
also found their employers lacked the time and staff to
research alternatives to rising drug prices.
“No one was getting the information they needed,”
Rea said. “There was clearly a lack of efficiency and
transparency in the pharmacy world. I wanted to do
something about it.”
Dr. Rea had several goals. His primary objective was
to help reduce costs for people taking a monthly
maintenance medication. He wanted to complement
that effort by assisting large companies and their
employees in determining the best and most
cost-effective prescription drugs.
By enjoying more transparency, Dr. Rea theorized,
the companies could deliver the information to
employees that would equal savings for everyone.
“There was clearly a
	lack of efficiency and
	transparency in the
	pharmacy world.
	I wanted to do
	something about it.”
Dr. Michael Rea | Founder, RX Savings Solutions
@ARMOR | ARMOR.COM | PAGE 4
Defending PHI
Rx Savings Solutions launched only weeks after
the fateful encounter with Dr. Rea’s elderly patient.
The app was a hit right from the start, educating
and empowering consumers while lowering their
medication costs.
Yet on the back end, Dr. Rea faced specific technical
challenges. He knew his solution needed to be not
only reliable, but also secure and compliant when it
came to accessing and storing protected healthcare
information (PHI).
Rea and his new team began to look for a provider
that could offer advanced risk management, along with
the compliance expertise, that would help Rx Savings
Solutions pass HIPAA audits.
“Safeguarding data
	and meeting HIPAA 		
	compliance standards
	are critical in the
	health tech industry.
	Just one breach can
	destroy your business
	in an instant. We were
	determined to make
	our security posture
	the best.”
This exercise didn’t go as planned. After signing
with a reputable provider, Rea soon realized the
security and compliance expertise just wasn’t there.
His team went on the hunt once more — and this
time learned of Armor’s standing as a security
and compliance expert.
The team was intrigued by Armor’s collaborative
relationship with the Health Information Trust
Alliance (HITRUST). Armor was not only certified
by HITRUST, but served as its provider as well. That
level of healthcare compliance expertise was all the
evidence the team needed to feel certain they’d
found the right provider.
“We were confident that by going with Armor,
we could focus on healthcare consumerism and
transparency, not on data security,” Rea said.
“And it turned out we were right.”
Dr. Michael Rea | Founder, RX Savings Solutions
@ARMOR | ARMOR.COM | PAGE 5
Right away, the Rx Savings Solutions team was
impressed with the onboarding experience. A
newcomer to the world of IT security, Rea particularly
appreciated founder Chris Drake’s patience and skill
in explaining the infrastructure.
“Technology is not my forte — I’m in medicine,” Rea
explained, “so I appreciated that he was able to break
it down for me in a way I understood.”
RX Savings Solutions chief technology officer Bo Lais
— whose forte very much is technology — was taken
with Armor’s multilayered security approach.
“The way they structure the firewall is a big selling
	point. The multiple layers of security provide the
	advanced protection we need.”
“The way they structure the firewall is a big selling
point,” he said. “The multiple layers of security provide
the advanced protection we need.”
Another selling point was Armor’s quality of service.
“It was night and day compared to our previous
providers,” said Lais. “We’d learned by then that there
will always be an issue sooner or later, so having a
responsive provider is essential. Armor always came
back to us with a fast response, no matter what.”
Bo Lais | CTO, RX Savings Solutions
Scaling. Fast.
As Rx Savings Solutions grew more successful,
another need became increasingly urgent: scaling.
“We’re in a tremendously explosive, high-growth
space,” Rea said. “We might onboard 150,000 people
at a time. That means we need to scale up and down
as needed, and be able to accommodate large traffic
while not paying for more than we need.
“Armor lets us auto-scale without having to
reconfigure or put up new machines. Given that our
business is expected to triple or quadruple in 2015,
that’s obviously a big relief.”
Simple yet sophisticated
@ARMOR | ARMOR.COM | PAGE 6
Building the future of
healthcare technology
Rx Savings Solutions’ plans for the future include
getting active in population health management. By
personalizing health experiences, the company hopes
to help consumers better manage their health —
an endeavor Rx Savings Solutions foresees
involving Armor.
“Every day we do work that helps people live better
and save money,” Rea said. “And to blaze that trail, we
need to stay focused on the customer management
side of the business. That’s hard to do if you’re worrying
about getting breached. Armor provides the fully
managed security and compliance that lets us focus
on our customers and grow the business.
“We don’t worry about attacks at all with Armor,”
he added. “I have 100 percent faith that they’ll keep
our applications and data safe now and in the future.”
Dr. Michael Rea | Founder, RX Savings Solutions
HITRUST is a collective group of healthcare leaders who
designed the HITRUST Common Security Framework
(CSF). This certifiable framework offers organizations with
a flexible and efficient approach to regulatory compliance
and risk management, including HIPAA compliance.
What is HITRUST Certification?
“We don’t worry about attacks at all with
Armor. I have 100 percent faith that
they’ll keep our applications and data
safe now and in the future.”
@ARMOR | ARMOR.COM | PAGE 7
US 2360 Campbell Creek Boulevard, Suite 525, Richardson, Texas 75082 | Phone: +1 877 262 3473
UK 268 Bath Road, Slough, Berkshire SL1 4AX | Phone: +44 800 500 3167
© ARMOR 2016. All rights reserved.

Más contenido relacionado

Más de Armor

Security Operations in the Cloud
Security Operations in the CloudSecurity Operations in the Cloud
Security Operations in the CloudArmor
 
Ransomware
Ransomware Ransomware
Ransomware Armor
 
FireHost Webinar: HealthData Repository Deconstructed
FireHost Webinar: HealthData Repository DeconstructedFireHost Webinar: HealthData Repository Deconstructed
FireHost Webinar: HealthData Repository DeconstructedArmor
 
FireHost Webinar: The Service You Should Expect in the Cloud
FireHost Webinar: The Service You Should Expect in the CloudFireHost Webinar: The Service You Should Expect in the Cloud
FireHost Webinar: The Service You Should Expect in the CloudArmor
 
Making Sense of Security and Compliance
Making Sense of Security and ComplianceMaking Sense of Security and Compliance
Making Sense of Security and ComplianceArmor
 
Firehost Webinar: How a Secure High Performance Cloud Powers Applications
Firehost Webinar: How a Secure High Performance Cloud Powers ApplicationsFirehost Webinar: How a Secure High Performance Cloud Powers Applications
Firehost Webinar: How a Secure High Performance Cloud Powers ApplicationsArmor
 
Firehost Webinar: Validating your Cardholder Data Envirnment
Firehost Webinar: Validating your Cardholder Data EnvirnmentFirehost Webinar: Validating your Cardholder Data Envirnment
Firehost Webinar: Validating your Cardholder Data EnvirnmentArmor
 
Firehost Webinar: Do you know where your Cardholder Data Environment is?
Firehost Webinar: Do you know where your Cardholder Data Environment is? Firehost Webinar: Do you know where your Cardholder Data Environment is?
Firehost Webinar: Do you know where your Cardholder Data Environment is? Armor
 
Firehost Webinar: Getting Ready for PCI 3.0
Firehost Webinar: Getting Ready for PCI 3.0Firehost Webinar: Getting Ready for PCI 3.0
Firehost Webinar: Getting Ready for PCI 3.0Armor
 
Firehost Webinar: Hipaa Compliance 101 Part 1
Firehost Webinar: Hipaa Compliance 101 Part 1Firehost Webinar: Hipaa Compliance 101 Part 1
Firehost Webinar: Hipaa Compliance 101 Part 1Armor
 
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...Armor
 
FireHost Webinar: Protect Your Application With Intelligent Security
FireHost Webinar: Protect Your Application With Intelligent SecurityFireHost Webinar: Protect Your Application With Intelligent Security
FireHost Webinar: Protect Your Application With Intelligent SecurityArmor
 
FireHost Webinar: 6 Must Have Tools For Disaster Prevention
FireHost Webinar: 6 Must Have Tools For Disaster PreventionFireHost Webinar: 6 Must Have Tools For Disaster Prevention
FireHost Webinar: 6 Must Have Tools For Disaster PreventionArmor
 
Cloud Computing Best Practices
Cloud Computing Best PracticesCloud Computing Best Practices
Cloud Computing Best PracticesArmor
 
Secure Cloud Hosting: Real Requirements to Protect your Data
Secure Cloud Hosting: Real Requirements to Protect your DataSecure Cloud Hosting: Real Requirements to Protect your Data
Secure Cloud Hosting: Real Requirements to Protect your DataArmor
 

Más de Armor (15)

Security Operations in the Cloud
Security Operations in the CloudSecurity Operations in the Cloud
Security Operations in the Cloud
 
Ransomware
Ransomware Ransomware
Ransomware
 
FireHost Webinar: HealthData Repository Deconstructed
FireHost Webinar: HealthData Repository DeconstructedFireHost Webinar: HealthData Repository Deconstructed
FireHost Webinar: HealthData Repository Deconstructed
 
FireHost Webinar: The Service You Should Expect in the Cloud
FireHost Webinar: The Service You Should Expect in the CloudFireHost Webinar: The Service You Should Expect in the Cloud
FireHost Webinar: The Service You Should Expect in the Cloud
 
Making Sense of Security and Compliance
Making Sense of Security and ComplianceMaking Sense of Security and Compliance
Making Sense of Security and Compliance
 
Firehost Webinar: How a Secure High Performance Cloud Powers Applications
Firehost Webinar: How a Secure High Performance Cloud Powers ApplicationsFirehost Webinar: How a Secure High Performance Cloud Powers Applications
Firehost Webinar: How a Secure High Performance Cloud Powers Applications
 
Firehost Webinar: Validating your Cardholder Data Envirnment
Firehost Webinar: Validating your Cardholder Data EnvirnmentFirehost Webinar: Validating your Cardholder Data Envirnment
Firehost Webinar: Validating your Cardholder Data Envirnment
 
Firehost Webinar: Do you know where your Cardholder Data Environment is?
Firehost Webinar: Do you know where your Cardholder Data Environment is? Firehost Webinar: Do you know where your Cardholder Data Environment is?
Firehost Webinar: Do you know where your Cardholder Data Environment is?
 
Firehost Webinar: Getting Ready for PCI 3.0
Firehost Webinar: Getting Ready for PCI 3.0Firehost Webinar: Getting Ready for PCI 3.0
Firehost Webinar: Getting Ready for PCI 3.0
 
Firehost Webinar: Hipaa Compliance 101 Part 1
Firehost Webinar: Hipaa Compliance 101 Part 1Firehost Webinar: Hipaa Compliance 101 Part 1
Firehost Webinar: Hipaa Compliance 101 Part 1
 
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...
FireHost Webinar: How a Secure High Performance Cloud Powers Critical Applica...
 
FireHost Webinar: Protect Your Application With Intelligent Security
FireHost Webinar: Protect Your Application With Intelligent SecurityFireHost Webinar: Protect Your Application With Intelligent Security
FireHost Webinar: Protect Your Application With Intelligent Security
 
FireHost Webinar: 6 Must Have Tools For Disaster Prevention
FireHost Webinar: 6 Must Have Tools For Disaster PreventionFireHost Webinar: 6 Must Have Tools For Disaster Prevention
FireHost Webinar: 6 Must Have Tools For Disaster Prevention
 
Cloud Computing Best Practices
Cloud Computing Best PracticesCloud Computing Best Practices
Cloud Computing Best Practices
 
Secure Cloud Hosting: Real Requirements to Protect your Data
Secure Cloud Hosting: Real Requirements to Protect your DataSecure Cloud Hosting: Real Requirements to Protect your Data
Secure Cloud Hosting: Real Requirements to Protect your Data
 

Último

Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGSujit Pal
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Igalia
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘RTylerCroy
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Servicegiselly40
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountPuma Security, LLC
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfEnterprise Knowledge
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityPrincipled Technologies
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesSinan KOZAK
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking MenDelhi Call girls
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxOnBoard
 

Último (20)

Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAG
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Breaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path MountBreaking the Kubernetes Kill Chain: Host Path Mount
Breaking the Kubernetes Kill Chain: Host Path Mount
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdfThe Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
The Role of Taxonomy and Ontology in Semantic Layers - Heather Hedden.pdf
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 Presentation
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Unblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen FramesUnblocking The Main Thread Solving ANRs and Frozen Frames
Unblocking The Main Thread Solving ANRs and Frozen Frames
 
08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men08448380779 Call Girls In Civil Lines Women Seeking Men
08448380779 Call Girls In Civil Lines Women Seeking Men
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptx
 

Case Study - Prescription for Savings, Pharmaceutical Security

  • 1. Prescription for Savings PHARMACEUTICAL INNOVATOR TRUSTS THE CLOUD TO MAKE MEDICINE AFFORDABLE
  • 2. @ARMOR | ARMOR.COM | PAGE 2 Pharmacy colleges may instruct new pharmacists in the science of medication, but they rarely prepare them for patient dissatisfaction with rising prescription costs. That’s what Dr. Michael Rea found as a recent graduate when he went to work for a retail pharmacy chain, where patients continually asked him about increasing costs and insurance coverage. “It felt like the movie Groundhog Day,” Rea recalled. “Every day patients would ask why their medications were getting more expensive.” 22% FOR EMPLOYERS 45% FOR EMPLOYEES Rx Savings Solutions can ultimately lead to real savings. Headquarters: Industry: Website: Overland Park, Kan. Pharmaceutical RxSavingsSolutions.com One autumn day Rea had a conversation that haunted him. An elderly woman with eight prescriptions asked him which two she could skip safely. When he advised her that she needed all of them, she explained that she would have to forego some if she wanted to pay her rent. Prescription for Savings PHARMACEUTICAL INNOVATOR TRUSTS THE CLOUD TO MAKE MEDICINE AFFORDABLE
  • 3. @ARMOR | ARMOR.COM | PAGE 3 6 hours for change Aghast, Rea went home that night and spent six hours researching generic medicines and calling other pharmacies for their prices. The next day he provided his customer with a list of alternatives that could save her $250 a month. “The look on her face is forever ingrained in my memory,” Rea said. And so Rx Savings Solutions, a solution that helps consumers save on prescription costs, was born. Dr. Rea saw patients struggle to pay for their medications, and he knew now they often paid more than needed. He also found their employers lacked the time and staff to research alternatives to rising drug prices. “No one was getting the information they needed,” Rea said. “There was clearly a lack of efficiency and transparency in the pharmacy world. I wanted to do something about it.” Dr. Rea had several goals. His primary objective was to help reduce costs for people taking a monthly maintenance medication. He wanted to complement that effort by assisting large companies and their employees in determining the best and most cost-effective prescription drugs. By enjoying more transparency, Dr. Rea theorized, the companies could deliver the information to employees that would equal savings for everyone. “There was clearly a lack of efficiency and transparency in the pharmacy world. I wanted to do something about it.” Dr. Michael Rea | Founder, RX Savings Solutions
  • 4. @ARMOR | ARMOR.COM | PAGE 4 Defending PHI Rx Savings Solutions launched only weeks after the fateful encounter with Dr. Rea’s elderly patient. The app was a hit right from the start, educating and empowering consumers while lowering their medication costs. Yet on the back end, Dr. Rea faced specific technical challenges. He knew his solution needed to be not only reliable, but also secure and compliant when it came to accessing and storing protected healthcare information (PHI). Rea and his new team began to look for a provider that could offer advanced risk management, along with the compliance expertise, that would help Rx Savings Solutions pass HIPAA audits. “Safeguarding data and meeting HIPAA compliance standards are critical in the health tech industry. Just one breach can destroy your business in an instant. We were determined to make our security posture the best.” This exercise didn’t go as planned. After signing with a reputable provider, Rea soon realized the security and compliance expertise just wasn’t there. His team went on the hunt once more — and this time learned of Armor’s standing as a security and compliance expert. The team was intrigued by Armor’s collaborative relationship with the Health Information Trust Alliance (HITRUST). Armor was not only certified by HITRUST, but served as its provider as well. That level of healthcare compliance expertise was all the evidence the team needed to feel certain they’d found the right provider. “We were confident that by going with Armor, we could focus on healthcare consumerism and transparency, not on data security,” Rea said. “And it turned out we were right.” Dr. Michael Rea | Founder, RX Savings Solutions
  • 5. @ARMOR | ARMOR.COM | PAGE 5 Right away, the Rx Savings Solutions team was impressed with the onboarding experience. A newcomer to the world of IT security, Rea particularly appreciated founder Chris Drake’s patience and skill in explaining the infrastructure. “Technology is not my forte — I’m in medicine,” Rea explained, “so I appreciated that he was able to break it down for me in a way I understood.” RX Savings Solutions chief technology officer Bo Lais — whose forte very much is technology — was taken with Armor’s multilayered security approach. “The way they structure the firewall is a big selling point. The multiple layers of security provide the advanced protection we need.” “The way they structure the firewall is a big selling point,” he said. “The multiple layers of security provide the advanced protection we need.” Another selling point was Armor’s quality of service. “It was night and day compared to our previous providers,” said Lais. “We’d learned by then that there will always be an issue sooner or later, so having a responsive provider is essential. Armor always came back to us with a fast response, no matter what.” Bo Lais | CTO, RX Savings Solutions Scaling. Fast. As Rx Savings Solutions grew more successful, another need became increasingly urgent: scaling. “We’re in a tremendously explosive, high-growth space,” Rea said. “We might onboard 150,000 people at a time. That means we need to scale up and down as needed, and be able to accommodate large traffic while not paying for more than we need. “Armor lets us auto-scale without having to reconfigure or put up new machines. Given that our business is expected to triple or quadruple in 2015, that’s obviously a big relief.” Simple yet sophisticated
  • 6. @ARMOR | ARMOR.COM | PAGE 6 Building the future of healthcare technology Rx Savings Solutions’ plans for the future include getting active in population health management. By personalizing health experiences, the company hopes to help consumers better manage their health — an endeavor Rx Savings Solutions foresees involving Armor. “Every day we do work that helps people live better and save money,” Rea said. “And to blaze that trail, we need to stay focused on the customer management side of the business. That’s hard to do if you’re worrying about getting breached. Armor provides the fully managed security and compliance that lets us focus on our customers and grow the business. “We don’t worry about attacks at all with Armor,” he added. “I have 100 percent faith that they’ll keep our applications and data safe now and in the future.” Dr. Michael Rea | Founder, RX Savings Solutions HITRUST is a collective group of healthcare leaders who designed the HITRUST Common Security Framework (CSF). This certifiable framework offers organizations with a flexible and efficient approach to regulatory compliance and risk management, including HIPAA compliance. What is HITRUST Certification? “We don’t worry about attacks at all with Armor. I have 100 percent faith that they’ll keep our applications and data safe now and in the future.”
  • 7. @ARMOR | ARMOR.COM | PAGE 7 US 2360 Campbell Creek Boulevard, Suite 525, Richardson, Texas 75082 | Phone: +1 877 262 3473 UK 268 Bath Road, Slough, Berkshire SL1 4AX | Phone: +44 800 500 3167 © ARMOR 2016. All rights reserved.