Are you currently enrolled in a University? Avail Student Discount 

NextSprints
NextSprints Icon NextSprints Logo
⌘K
Product Design

Master the art of designing products

Product Improvement

Identify scope for excellence

Product Success Metrics

Learn how to define success of product

Product Root Cause Analysis

Ace root cause problem solving

Product Trade-Off

Navigate trade-offs decisions like a pro

All Questions

Explore all questions

Meta (Facebook) PM Interview Course

Crack Meta’s PM interviews confidently

Amazon PM Interview Course

Master Amazon’s leadership principles

Apple PM Interview Course

Prepare to innovate at Apple

Google PM Interview Course

Excel in Google’s structured interviews

Microsoft PM Interview Course

Ace Microsoft’s product vision tests

All Courses

Explore all courses

1:1 PM Coaching

Get your skills tested by an expert PM

Resume Review

Narrate impactful stories via resume

Pricing
Product Management Improvement Question: Enhancing OptumRx services to increase medication adherence rates
Image of author NextSprints

Nextsprints

Updated Jan 22, 2025

Submit Answer

Asked at Optum

15 mins

How can Optum enhance its OptumRx pharmacy benefit management services to improve medication adherence rates?

Product Improvement Hard Member-only
Healthcare Product Strategy User Behavior Analysis Data-Driven Decision Making Healthcare Pharmaceuticals Insurance
Product Strategy Digital Health Healthcare PBM Medication Adherence

Introduction

To enhance OptumRx pharmacy benefit management services and improve medication adherence rates, we need to take a comprehensive approach that addresses the core challenges faced by patients, healthcare providers, and the healthcare system as a whole. I'll outline a strategic plan to tackle this complex issue, focusing on user-centric solutions that leverage technology, data analytics, and behavioral science.

Step 1

Clarifying Questions

  • Looking at the product context, I'm thinking about the current state of OptumRx's medication adherence rates. Could you provide some insight into our current adherence metrics and how they compare to industry benchmarks?

Why it matters: This will help us understand the scale of the problem and set realistic improvement targets. Expected answer: OptumRx's adherence rates are slightly below industry average, with particular challenges in chronic disease management. Impact on approach: If significantly below average, we might focus on fundamental improvements; if close to average, we'd look for innovative differentiators.

  • Considering user behavior, I'm curious about the primary reasons for non-adherence among our patient population. Do we have data on the most common barriers to adherence, such as cost, side effects, or forgetfulness?

Why it matters: Identifying the root causes will guide our solution development. Expected answer: Cost and forgetfulness are the top two reasons for non-adherence. Impact on approach: If cost is the primary factor, we might focus on financial assistance programs; if forgetfulness, we'd prioritize reminder systems and education.

  • Thinking about our product lifecycle, where does OptumRx stand in terms of digital transformation? Are we leveraging technologies like mobile apps, IoT devices, or AI for personalized interventions?

Why it matters: This will inform the technical sophistication of our solutions and integration capabilities. Expected answer: OptumRx has a basic mobile app but hasn't fully integrated advanced technologies. Impact on approach: If we're early in digital transformation, we might focus on building foundational digital capabilities; if more advanced, we could explore cutting-edge AI and IoT solutions.

  • Considering company alignment, how does improving medication adherence tie into Optum's broader strategic goals? Are there specific financial or health outcome targets we're aiming to achieve?

Why it matters: Ensures our solutions align with overall company objectives and can secure necessary resources. Expected answer: Improving adherence is a top priority, tied to both cost reduction and improved health outcomes. Impact on approach: If it's a top priority, we can propose more ambitious, resource-intensive solutions; if not, we might focus on incremental improvements.

Tip

Let's take a brief moment to organize our thoughts before moving on to the next step.

Subscribe to access the full answer

Monthly Plan

The perfect plan for PMs who are in the final leg of their interview preparation

$99.00 /month

(Billed monthly)
  • Access to 8,000+ PM Questions
  • 10 AI resume reviews credits
  • Access to company guides
  • Basic email support
  • Access to community Q&A
Most Popular - 75% Off

Yearly Plan

The ultimate plan for aspiring PMs, SPMs and those preparing for big-tech

$99.00
$25.00 /month
(Billed annually)
  • Everything in monthly plan
  • Priority queue for AI resume review
  • Monthly/Weekly newsletters
  • Access to premium features
  • Priority response to requested question
Leaving NextSprints Your about to visit the following url Invalid URL

Loading...
Comments


Comment created.
Please login to comment !