What if doctors could give patients medications or preferably something that guaranteed they would receive prescribed medications?
The simple question above was the spark behind the vision for Stat Specialty patient access solution. It began when our founder, who as a researcher at Georgia Tech, was challenged by his advisor to come up with a solution to the prescription prior authorizations (PA) problem.
As a pharmacist, he's witnessed many patients leave the pharmacy feeling frustrated for not getting their medications due to PA, making the challenge a unique opportunity to retrace the patient medication access journey to create a better experience.
After interviewing dozens of physicians, nurses, pharmacists, patients, insurance, and pharma executives. It became evident that a disjointed process made patient medication access feel a lot more like shooting darts in the dark, with no expectations whatsoever. Many patients left their doctor's visits without knowing if they would receive medications prescribed to treat their ailments. Patients that were out of luck wound up in the emergency room, or back at the doctor's office days or weeks later.
Regarding PA resolution, it was clear that insurance wanted doctors to make a credible case for why their patients needed costly medications as a fiduciary for healthcare cost and utilization management. Doctors, on the other hand, wanted a reliable way to deliver their case, improve access, achieve clinical targets, and patient outcomes. These insights led the team behind Stat Specialty to develop a robust and yet easy-to-use solution that delivers a more reliable payment outcome for prescription drugs.