Feb 28 2025 30 mins
In this episode of Thriving Practice, we welcome back Kyle Kiser, co-founder of ArriveHealth, to discuss the company's remarkable growth and its innovative solutions in healthcare technology. Since our last conversation a little over a year ago, ArriveHealth has doubled its revenue, a testament to the value of their real-time benefit network.
Kyle shares how their technology is streamlining the prescription process by providing real-time, patient-specific cost information at the point of care. We explore how this system not only helps patients access more affordable medications but also streamlines the often cumbersome prior authorization process, reducing turnaround times from days to hours. Kyle shares insights on how their solution benefits multiple stakeholders in the healthcare ecosystem, from providers and patients to health plans and pharmacy benefit managers. Join us for an enlightening discussion on the future of digital prescribing, medication management, and how technology is being leveraged to enhance trust between patients and providers.
Key Points:
- ArriveHealth's core offering: Real-time benefit network for e-prescribing workflows
- Company growth: Doubled in size from a revenue perspective in the past year
- How ArriveHealth's technology works:
- Provides real-time, patient-specific cost information at the point of prescribing
- Suggests lower-cost alternatives for medications and pharmacies
- Streamlines the prior authorization process
- Benefits for various stakeholders:
- Providers: Reduced administrative burden, improved workflow efficiency
- Patients: Lower medication costs, improved adherence, better healthcare experience
- Pharmacists: Cleaner scripts, fewer callbacks
- Insurance companies/PBMs: Cost savings, reduced administrative work
- Integration with major EMR systems (Epic, Cerner, Athena, eClinicalWorks)
- Partnership with GoodRx for additional cost-saving options
- Success metrics: Switch rates more than twice the industry average
- Future developments:
- Automating downstream processes (e.g., prior authorizations)
- AI-driven adherence tool for patient-provider communication
- ArriveHealth's mission: Reintroducing consumer choice in healthcare and leveraging trust between patients and providers
Quotes:
"We measure success by how often they accept that. And we're seeing switch rates that are more than twice the industry average." - Kyle Kiser on measuring the impact of ArriveHealth's recommendations
"The most powerful leverage point to solve problems in healthcare is the trust that exists between patients and providers." - Kyle Kiser on the importance of trust in healthcare
Kyle’s Bio:
Kyle is Chief Executive officer at Arrive Health, the leader in delivering real-time cost and coverage data to decision-making workflows. In his role, he focuses on helping providers and care teams improve patient access, affordability, and outcomes while reducing administrative burden. By partnering with health systems, health plans, IT vendors, and pharmacy benefit managers, Arrive health enables transparency and better patient care nationwide.
Since 2013, Klye has helped grow the company from a vision to a reality, and has been at the forefront of some of the most transformational initiatives in healthcare. In particular, he has focused on projects that enable informed decision-making. His focus on interoperability has allowed partners to improve provider workflows and reduce medication costs for millions of patients. Kyle has helped develop incentive strategies for a country’s most innovative employers and led product launches with the nation’s largest payers. Prior to Arrive Health, he was a senior leader at Welltok, Catapult Health, and Principal Wellness Company.
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