By Karen Tirozzi. All communications via that telephone line are confidential and compliant with FCC confidentiality guidelines. Ongoing nursing support, as well as follow-ups, are provided through the specialty pharmacy service center via e-mail or phone. The data you collect from specialty pharmacies can help you demonstrate the value of your drug to health plans, pharmacy benefit managers, employers and other payers. The data flags the causes of nonadherence and points you to a solution. A specialty brand’s goals for diagnostic patient journey analytics and actionable insights are highly dependent on decisions made when drawing up specialty pharmacy provider (SPP) data contracts. The issue could be cost, for which financial help is the answer. Update: Value-based pharmaceutical contracting has emerged as another key use case for multiple stakeholders. IQVIA's patented patient de-identification process enables the ability to aggregate anonymous patient-level information and integrate data from multiple sources so you can make more informed decisions. High cost pharmaceutical products are dispensed by specialty pharmacies to treat complex and often rare disease states. How Specialty Pharmacy Data Can Boost Your Drugs Success, Partnering with a Specialty Pharmacy to Improve Patient Outcomes, Business Consulting & Revenue Cycle Analytics, Oncology EHR, Regimen Support & Analytics, specialty pharmacy services for drug manufacturers, Drive the commercialization and brand strategy of your drug, Demonstrate the value of your drug to health plans and other payers, Strengthen your relationships with prescribers and other providers, Improve outcomes by enhancing the therapeutic value of your drug. Manufacturers can become overwhelmed with specialty pharmacy data complexity. Data is valuable currency to your biopharmaceutical company. The pharmaceuticals manufacturer then contracts with the specialty pharmacy to regularly track the patient’s adherence, report any adverse events, and address Some data comes from a patientâs EMR, but most of it is collected directly from the patient. This would provide a true solution for population health analytics and value-based reimbursement. What side effects or adverse events are patients experiencing with your drug? The data aggregator de-identifies the information and can then send it to your biopharma company. You may be able to reformulate your drug, reduce the pill count and improve adherence. You can use the data from specialty pharmacies to: First, let me tell you where that data comes from. ... Cigna's Accredo/Freedom Fertility revenue accounted for 20 percent of all Rx specialty pharmacy … Manufacturers, payers, and specialty pharmacies would benefit greatly from a robust data infrastructure allowing cleaner and faster reporting to stakeholders. Some data comes from a patient’s EMR, but most of it is collected directly from the patient. Here are four ways you can use this data for your benefit. We give providers up-to-date access to compare current drug prices, giving patients access to some of the more expensive brands and some of the hard to get covered generic medications. As I mentioned, they fall into two buckets: clinical and financial. Manufacturers could use clinical data to study post-market adverse drug events and patient-specific outcome variations in relation to genomic profiles, providing enhanced insight into research and development efforts. Quality organizations, such as the Pharmacy Quality Alliance (PQA), should expand quality measures for specialty pharmacy. There are no requirements that specifically target specialty pharmacy providers or specialty pharmacy vendors. With the Wellsky specialty pharmacy software, CareTend, save time, fulfill orders quicker, and maximize growth with real-time business intelligence tools.Built to manage compliance and the complex workflows unique to specialty pharmacies, our all-in-one solution helps your … Specialty Pharmacy Solutions for Patients and Caregivers. The following are proposed actions for the specialty pharmacy industry. I agree with Brandon. Monitoring incoming patient status updates for data quality issues helps your SP Account Management team to implement weekly/monthly processes to review trends and hold SPs accountable to contractual obligations. Oftentimes, the incompleteness can make the data difficult to use. NOTES FOR NERDS. Related: Learn more about McKessonâs specialty pharmacy services for drug manufacturers. Published Online: Wednesday, Jul 25, 2018. Samm Anderegg, Pharm.D., MSCEO | DocStation. This blog has been crossposted from an original article published in May 2017 in Specialty Pharmacy Times. Specialty pharmacy evaluation and defining service-level agreements. Specialty pharmacists work closely with the clinicians across specialty pharmacy data sets without ever exposing the underlying PHI. MSA Healthcare Data Management's patented de-identification and integration processes help pharmaceutical manufacturers (pharmas) trying to obtain and understand Specialty Pharmacy Data see the big picture. The best way to gather this data is by partnering with a specialty pharmacy. Quality measures bring data elements and standards full circle to measure the value of care provided. The ability to collect and aggregate data is essential for success in specialty pharmacy. In-store pick up is currently not available in Oklahoma. NCPDP has a specialty pharmacy workgroup to discuss common interests and construct a consensus-driven data management strategy for specialty pharmacy. These services fall into three areas along the continuum of care: As you can see, specialty pharmacies have a lot of control over how patients access and use your drugs. Without reporting data, specialty pharmacies may struggle to access LDDs, forcing patients to use preferred specialty pharmacies, driving business to their competitors. Strengthen your drugâs therapeutic value. Information technology standards provide a systematic, unified approach to ensure data are produced, managed, and reported consistently, ultimately leading to health information exchange capability. Several industry groups are identifying clinical data elements for common specialty pharmacy disease states, including hepatitis C, rheumatoid arthritis, and multiple sclerosis. Pharmacists may also identify tools in the EHR that they can put to use in the specialty ph… We have therefore used various methods and primary sources to estimate the data. Specialty pharmacies collect clinical and financial data. 4. 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