Biologics, Inc. (NC) Secures Over $11.2 Million in Copay Assistance for Cancer Patients YTD 2013
8/6/2013 6:35:07 AM
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Biologics, Inc. Secures over $11.2 Million in Copay Assistance for Cancer Patients YTD 2013
CARY, N.C.--(BUSINESS WIRE)--Biologics, an integrated oncology services company, is pleased to announce that its Patient Access Services team was able to secure over $11.2 million in copay assistance for patients to date, with $4.2 million secured in second quarter, 2013.
The average copay amount for Biologics’ Oncology Pharmacy patients totaled $329. Depending on the patient’s insurance plan, copays ranged from $17 to $853 in second quarter per dispense. For those paying cash, patient responsibility averaged $6,544 per dispense.
While helping secure copay and other financial assistance needs, Biologics’ Patient Access Services team performs thorough benefits investigation reviews, manages prior authorizations and helps with clinical trial enrollment when appropriate. Biologics also has a dedicated staff of social workers.
“Ensuring patients get access to their medication on time is extremely important to our team,” said Ron Smith, Chief Operating Officer at Biologics. “By working proactively with our patients, we are able to identify and avoid the financial barriers that are often times associated with poor medication adherence, especially in oncology.”
About Biologics: Biologics, Inc. is an oncology services company that empowers healthcare providers, payors and biopharma to optimize cancer care for the best possible outcomes – clinical, financial and emotional. Unifying fragmented healthcare services, Biologics brings efficiency and humanity to oncology care management by focusing on the patient’s best interest as the surest path to managing cost and risk. Biologics is at the center of a rapidly changing oncology environment and supports patients across all treatment modalities, while providing clinical outcomes and informatics reporting that allow for informed decision making. Since it was founded in 1994, Biologics has been dedicated to improving the lives of those fighting cancer. Privately held, Biologics maintains headquarters and operations in Cary, North Carolina.
Allison Keenan, 800-856-1984
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