CMS Release Gold Mine of Data for Benchmarking Your Operations

CMS recently released drug prescription data showing drug prescription costs and use trends. Using data like this helps benchmark practices and can add perspective to your organization’s policies and practices. BHM peer review systems collect data, making comparisons more meaningful. Contact BHM for more information on our claims processing options that lead to better performance.

The Centers for Medicare & Medicaid Services (CMS) released Part 2 in a set of data that details information on prescription drugs prescribed by individual physicians and other health care providers and paid for under the Medicare Part D Prescription Drug Program. The CMS believes that The Part D Prescriber PUF data will provide healthcare professionals with important information to drive change within the industry. “These data enable a wide range of analyses on the type of prescription drugs paid for under the Medicare Part D program, and on prescription drug utilization and spending generally.”

Healthcare professionals will be able to compare data across years, since the CMS began collecting and reporting this data in 2013. Using this data for benchmarking will be critical for any organization hoping to grow with the changes in the healthcare industry.

The Data

(All data from CMS)

  • The new dataset can be used to examine the relative rank of drugs by utilization.
  • The chart below shows the top ten drugs in 2014 by claim count
[1]
  • All of the top 10 drugs are generic drugs and the top 9 drugs are among the drugs with the highest claim counts in 2013.
  • The claim counts for these drugs ranged from 22.1 to 38.3 million claims and the total drug costs for each drug ranged from $136 million to $748 million.

 

Top Ten Drugs by Claim Count, 2014

Drug NameTotal Claim CountBeneficiary CountPrescriber CountTotal Drug Cost
Lisinopril38,278,8607,454,940464,747$281,614,340
Levothyroxine Sodium37,711,8696,245,507416,518$631,855,415
Amlodipine Besylate36,344,1666,750,062451,350$303,779,661
Simvastatin34,092,5486,768,159387,651$346,677,118
Hydrocodone-Acetaminophen33,446,6968,005,790677,865$676,296,988
Omeprazole33,032,7706,707,964475,122$529,050,385
Atorvastatin Calcium32,603,0556,740,061419,327$747,635,818
Furosemide27,133,4305,176,582456,047$135,710,772
Metformin HCl23,475,7874,509,978364,273$203,948,989
Gabapentin22,143,6414,298,609486,754$492,557,255

via CMS

The table below breakdowns the 2014 top 10 drugs by cost. “These drugs are all brand name drugs with relatively fewer claims than the top drugs by claim seen in Table 1. In 2014, Solvaldi had the highest total drug costs at $3.1 billion, but  the costs for each of the top 10 drugs were all more than $1 billion.”

Top Ten Drugs by Costs, 2014

Drug NameTotal Drug CostBeneficiary CountPrescriber CountTotal Claim Count
Sovaldi$3,106,589,19233,0287,323109,543
Nexium$2,660,052,0541,405,570286,9277,537,736
Crestor$2,543,475,1421,752,423266,4999,072,799
Abilify$2,526,731,476405,048130,9332,963,457
Advair Diskus$2,276,060,1611,420,515281,7756,093,354
Spiriva$2,158,219,1631,211,919253,2775,852,258
Lantus SoloSTAR

 

(insulin pen)

$2,016,728,436972,882224,7104,441,782
Januvia$1,775,094,282789,828190,7414,495,964
Lantus$1,725,391,907787,077223,5024,284,173
Revlimid$1,671,610,36227,1429,337178,373

via CMS

Overall Claim Count and Total Drug Cost, 2013 and 2014

 20132014Percent increase 2013-2014
Total Claim Count1,369,415,9921,415,145,1593.3%
Total Drug Costs$103,704,226,748$121,445,569,09317.1%

via CMS

CMS hopes that this data will help healthcare professionals track growth trends for certain drug products. “Part D total drug costs are affected by both the volume of prescriptions filled as well as the unit prices of the individual products, and the cost trends shown here do not reflect any manufacturer rebates or discounts, which may also vary from year to year.”

Percentage Change in Total Drug Cost, 2013 vs. 2014

 via CMS

* Sovaldi was not available until the end of 2013, so comparisons across years are not valid.

Please note this data is all from CMS and you can read the full release here.

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