Alto Launches New Pharmacy Technology Platform to Dramatically Optimize Hub and Dispensing Solutions for Industry Partners
October 08 2024 - 6:15AM
Business Wire
Alto Technologies' revolutionary, end-to-end
platform blends AI and pharmacist expertise to drive efficiencies
and improve the patient experience at every point of the pharmacy
value chain
Alto announced today the launch of Alto Technologies, a new
suite of enterprise solutions providing revolutionary pharmacy
technology that combines pharmacist expertise with automation and
AI to drive efficiencies at every point of the pharmacy value
chain. Alto Technologies configurable solutions include the Alto
Complete™ platform, a first-of-its-kind hub and dispensing
platform in one, and individual hub and dispensing solutions. By
automating traditionally manual pharmacy processes, Alto
Technologies’ solutions elevate the patient experience, improve
medication access and adherence, and set new standards for
convenience, cost and care.
When Alto was founded in 2015, existing pharmacy technology was
not optimized for the care and service that patients deserved. It
required excessive manual work and led to a poor patient experience
plagued by slowly filled prescriptions, high costs and limited
delivery options. Over the past decade, Alto built its own
proprietary pharmacy platform that supported its mission to improve
quality of life for everyone who needs it. Designed to put
patients’ interests first and leveraging expert pharmacists attuned
to patients’ pain points, Alto Technologies’ solutions drive
improved quality, efficiency and cost of care for patients,
including:
- Four-in-ten prescriptions sent to Alto can be scheduled for
delivery within two minutes, and 75 percent are ready within one
hour
- Alto patients have saved more than $220 million thanks to
seamless insurance processing and automated coupon application
- An intuitive patient app - utilized by more than 85 percent of
Alto patients - allows patients to manage medications and schedule
deliveries
Alto’s technology also processes prescriptions significantly
faster than traditional hubs, lowers the cost to fill, boasts high
clinical accuracy and provides real-time data insights -
significant benefits to healthcare players like manufacturers,
hubs, payors and provider networks.
Now, Alto is offering its technology to industry partners to
help them expand medication access, increase adherence, and develop
new channels to better serve patients - and all at a fraction of
the cost of traditional hub and dispensing solutions due to
automation.
“We are thrilled to introduce our revolutionary Alto
Technologies solutions to help partners improve patient
experience,” said Alicia Boler Davis, Alto’s Chief Executive
Officer. “Our technology fundamentally improves the connection
between provider, payor, patient and medicine in novel ways that
move beyond traditional pharmacy. We’re excited to offer solutions
to our partners that not only solve challenges long-held in
healthcare, but allow us to also scale our impact and help even
more patients, faster than we could alone.”
Partners can select single-point technology solutions that
integrate with external platforms, or work with Alto to build
tailored, end-to-end solutions that support their unique needs:
- Alto Hub+™ solution is a technology-first hub that uses
automation and digital tools to optimize billing, improve patient
access to medication, and boost adherence. Services include
benefits investigation, prior authorization support, coupon and
copay application and adjudication, patient support services, and
robust data and analytics.
- Alto Dispensing™ solution provides retail and specialty
medication dispensing at a faster speed-to-fill than traditional
pharmacies, flexible nationwide home delivery options including
same-day courier delivery, and high quality data insights.
Configurable services include dispensing, same-day local courier
and next-day home delivery, and data reporting.
- Alto Complete platform is a first-of-its kind pharmacy
platform that combines Alto Hub+ and Alto Dispensing capabilities
into one highly configurable, end-to-end solution that’s tailored
to a partner’s unique needs.
In August, Alto partnered with Pfizer to provide pharmacy
services as part of PfizerForAll, a digital platform designed to
make access to healthcare and managing health and wellness quicker
and more convenient.
About Alto
Alto provides an easier, more efficient and more affordable
pharmacy experience for patients, providers, and partners. Our
full-service, digitally-powered pharmacy makes it simple for
patients to live their healthiest life, while our technology
empowers partners with tailored solutions that elevate the patient
experience, improve medication access and delivery, and set new
standards for convenience, cost, and care. For more information,
visit www.alto.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241007615896/en/
Keegan Calligar keegan.calligar@alto.com