Dynamic pharmacy analytics and reporting in one tool
Milliman SkySail
Lower pharmacy costs using real-time data and insights
Unsophisticated reporting processes lead to poor decisions
As pharmacy costs rise and complexity grows, small errors can result in large financial misses, loss of business, higher costs, and potential legal challenges. All stakeholders in the pharmacy value chain need data insights that improve access to affordable medications, lower costs, increase profitability, and minimize disputes.
Increase data velocity and accuracy with an integrated solution
Milliman SkySail® is a multi-use data analytics platform that ingests claims data from any source, rapidly analyzes it, and delivers actionable information to support claim summarization, repricing, guarantee management, RFP analysis, and more. It improves underwriting and bidding accuracy, increases sales success rates, reduces risk, and helps your analytics team work more efficiently.
Milliman SkySail benefits
Lower pharmacy costs
Strengthen your bargaining power using reports that analyze real-time drug pricing trends and evaluate contractual exclusions.
Reduce payouts
Ensure contract compliance and leverage SkySail data to revise contract language, improving the bottom line.
Increase reporting efficiency
Flatten the learning curve for new hires and provide them with tools to make accurate, comprehensive reports.
Enhance data
Improve the accuracy and utility of your data automatically while maintaining the original dataset for reference.
Milliman SkySail features
Scale and speed of processing
Ingest pharmacy claims from anywhere in the pharmacy benefit industry. Using powerful machine learning technology, SkySail accurately processes the data at up to 1MM claims per minute. Apply modules and features to produce dynamic, in-depth analysis for a wide range of needs.
Connection to individual claims
Using ClaimDNA technology, SkySail cleans, ingests, analyzes, and presents data in a dynamic platform without ever losing the ability to drill into individual claims.
Dynamic reporting
Choose from a variety of fully customizable reports that enable you to analyze what matters to your business. SkySail can even interface directly with Microsoft Excel.
Monitoring in real time
View accurate, up-to-date information whenever you need it and adjust accurately prior to an end-of-year audit.
RFP analysis
Review and summarize claims detail to forecast and estimate drug spend based on RFP requirements and contract rates.
See how the Milliman SkySail is helping businesses globally
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Related services
PBM audit services
We are available to help clients audit their PBM arrangements to validate that the PBMs meet contractual integrity and financial obligations. We routinely perform audits of pharmacy claims, rebates, retiree drug subsidy, prescription drug event, performance guarantee, corporate compliance, and data validation.
PBM contracting
We help clients write, negotiate, analyze, and audit their contracts with PBMs. We bring an understanding of the ongoing changes and current cost factors in the pharmacy benefits industry and use it to help clients obtain the most favorable contracts with the best pricing possible.
PBM vendor request for proposal (RFP)
We help with vendor selection, including RFP development, PBM bidder selection, RFP fulfillment, proposal evaluation, and finalist selection.
Pharmacy plan design
We help clients create and analyze a robust pharmacy benefits plan model that also provides flexibility and affordability for both plan sponsor and plan members.
PBM implementation oversight
Once a PBM vendor has been selected, we provide PBM implementation oversight to ensure a smooth transition to the new PBM with minimal member disruption.
PBM ongoing support management
Our consultants can also work directly with a client’s PBM to provide improved economic control and a greater focus on quality of care and service to the plan’s members. This can help ensure the transparency of financial, clinical, and operational processes of the PBM operations, and also provides a way to manage cost with the integration of medical guidelines, disease management, wellness, and other clinical-based programs. On-going support and management we routinely provide to our clients includes reporting (monthly, quarterly, and ad-hoc), attendance at PBM meetings and presentations, independent assessments of cost and utilization statistics, and market checks for pricing terms for specialty and traditional medications.
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