By Joseph Morse, CEO, Therigy
As the specialty pharmacy industry has grown, the challenges experienced by physicians and practitioners have become more complex and include:
- High administrative workload on clinic staff
- Navigating insurance coverage for patients
- Disconnected communication across payers, pharmacies, and providers
- Delays in patients starting critical medication
How do you, as a leader in your specialty pharmacy, overcome these challenges and begin to develop an integrated model that is high performing?
Development of Integrated Pharmacy Services
- Identify responsible parties to integrate workflow and information sharing
- Conduct clinical, technology, and operational training
- Implement integrated technology and reporting
- Partner, where needed, with high performing specialty pharmacies
- Align goals of therapy with patient care plans
The success of this strategic initiative is built in the design, development, and implementation of the integrated program. Once all the hard work is done and the foundation is set, what does a high performing pharmacy model look like?
Advantages of an Integrated Pharmacy Service Model
A high performing integrated pharmacy model offers:
- Real-time patient onboarding with specialty pharmacy
- Streamlined insurance benefit communications
- Complete patient consultation, educational training, and therapy assessment
- Improved time to start therapy
The result is enhanced patient care, improved outcomes, and achievement of cost savings.
Benefits of an Integrated Specialty Pharmacy Service Model:
Patient: Delivers standardized patient care that meets the goals of therapy
Continuity: Promotes continuity of care as an interdisciplinary healthcare team
Outcomes: Improves patient outcomes and treatment cost of care
Experience: Increases patient satisfaction, overall patient experience, and provider relations
Reporting: Reports interventions to demonstrate clinical outcomes and quality of care
For more than a decade, Therigy's role as a leader in specialty pharmacy consulting and technology has enabled its clients to help address industry trends and market opportunities throughout their specialty pharmacy journey.
Often pharmacy leadership will implement this new service with health system employees to demonstrate success, then broaden the scope to serve all patients in a phased approach to roll out to physician specialties.
This an example of one recent engagement with a client.