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In-Office Pharmacy:Should Every Practice Have One?
Jeff Patton, M.D., Chief Executive Officer Tennessee Oncology,Chief Medical Officer Rain Tree Oncology Services
Oncology Paradigm Shift
Migration from intravenous to oral oncolytics
20-30% community oncology practice pharmaceutical revenue is oral today
35-40% current oncology pipeline is oral
Caring for Cancer Patients is a PRIVILEGE
Closed door retail pharmacies within community oncology practices are critical for patients, practices and manufacturers
Caring for Cancer Patients is a PRIVILEGE
Why are these oncology pharmacies critical for patients?
Faster access◦ Full inventory◦ Access to EMR makes PA faster
Improved patient experience◦ Multiple studies confirm patients want outreach from their providers not third
parties
Potential for Improved patient adherence◦ Studies show better patient engagement when information comes from their
providers
Pharmacists and technicians have full EMR access◦ Closed door system for refills
Caring for Cancer Patients is a PRIVILEGE
Why are these oncology pharmacies critical for patients?
Financial Assistance◦ Dedicated patient advocates familiar with all various manufacturer
support programs◦ Fully versed in foundation support
Tennessee Oncology Experience◦ 2013 provided over $ 5 million in copay, foundation and provided drug
(oral, injectable and IV)
Caring for Cancer Patients is a PRIVILEGE
Why are these pharmacies critical to practices?
Financial◦ Severe margin pressures◦ Evolution to orals decreases IV retail and infusion code revenue◦ Pharmacies add an additional diversified revenue stream
Caring for Cancer Patients is a PRIVILEGE
Why are these pharmacies critical to practices?
Operational◦ Provide full continuum of care◦ Chain pharmacies and specialty pharmacies lead to fragmentation of
care delivery◦ Patients can receive mixed messaging◦ Providers don’t often receive feedback from those entities
Caring for Cancer Patients is a PRIVILEGE
Why are these pharmacies critical to pharmaceutical manufacturers?
Adherence◦ Compete like crazy for the Rx◦ Then script is not filled or doses are missed
Access◦ Community oncology is your premier customer◦ 340B threat
Caring for Cancer Patients is a PRIVILEGE
RainTree Oncology and the Oral Channel
Summer 2011 zero oral oncolytic GPO contracts
Summer 2014 80% of oral revenue going through Tennessee Oncology’s pharmacy is under GPO contract
Caring for Cancer Patients is a PRIVILEGE
RainTree Oncology
Oral GPO
Summer 2014 launching IV and injectable GPO
Data and Analytics Company◦ Business Intelligence for practices◦ Data analytics for pharmaceutical manufacturers through
Caring for Cancer Patients is a PRIVILEGE
Community Oncology Pharmacy Challenges
Extremely skinny gross margins
Cannibalizes more financially attractive infusion business
Benefit design◦ Many patients have better infusion benefits than oral benefits◦ Many patients financial burden with oral therapy is problematic
Caring for Cancer Patients is a PRIVILEGE
In-Office Pharmacy:Should Every Practice Have One?
Barry Russo, MBA, Chief Executive Officer, The Center forCancer and Blood Disorders
RETAIL PHARMACY
Lessons Learned
THE CENTER FOR CANCER AND BLOOD DISORDERS
JUST A FEW FACTS ABOUT US…..
19 Physicians 9 Locations Med Onc, Rad Onc, Gyn Onc, Breast
Surgery Imaging Complimentary Medicine Retail Pharmacy Established 2006) –
Currently average 70 Rx per day
DEFINING YOUR SCOPELESSONS LEARNED
Open Door vs. Closed Door Pricing Licensure
Medications to Dispense Oncology Drugs only Supportive Drugs Schedule Drugs Other related Drugs – Cardiac, GI Compounding
Oral Chemo Education Medication Therapy Management (MTM)
DEFINING YOUR SCOPELESSONS LEARNED
Flu Clinics 340B Contract Pharmacy Nutritional Supplements Mail order
OPERATIONAL PROCESSLESSONS LEARNED
Point of Sale (POS) System Accounting Issues Reporting Support RX Tracking in relation to Satellite clinics Payer and Pharma Audits
Contracting in the Specialty Network Space Prior Authorization – Integrating with the
Clinic Flow Foundation and CoPay Support – Unique
and a large volume
SPACELESSONS LEARNED
Location, Location, Location Consider the potential for other retail
sales OTC Medicine Nutraceuticals Gifts Logo clothing
Assume Growth
MARKETING LESSONS LEARNED
Internal Getting the Physicians engaged
Promethazine Gel Selling the MA’s, Nursing and Support Staff
Nutritional Supplements Pre Chemo Meds
“In Network” for employees Agenda item for every Board Meeting
MARKETINGLESSONS LEARNED
External Flyers
Posted in all your clinic sites New Patient Packets
Direct Patient Contact Education Location Satellite Visits Personal Delivery to Chemo Suites
COMPLIANCE AND PERSISTENCYLESSONS LEARNED
Why is it important? Specialty Pharmacy Competition Win – Win Need a Process/System Support Outcome Measurement Provide Pharma Support Patient Portal Opportunity
SUMMARY THOUGHTSLESSONS LEARNED
As Dr. Patton mentions, oral volume will continue to grow – 35-40% of Oncology pipeline – As a result, establishing successful strategies for Retail Pharmacy is essential.
It is important to ensure the Retail Pharmacy is seen as an integral component of the Practice – a treatment modality – not just a business unit.
Competing in the Specialty Pharmacy space is an important strategy for community oncology – remember this in all interactions with Pharma and your GPO
In-Office Pharmacy:Should Every Practice Have One?
Gitesh Patel, Chief Executive Officer, Sargas PharmaceuticalAdherence and Compliance International
Transforming Patient Care through Data Transparency and Analytics
www.spacinternational.com
No matter what the circumstances, we will help you take your prescribed drugs on time
www.spacinternational.com
Oncologist
PharmaciesPatient Assistance Programs
Co-Pay Assistance
Insurance Eligibility
Disease/Treatment Understanding
Adherence and Compliance Communications
Side Effect Management & Reporting
Patient
Payer
Adherence & Compliance Programs
www.spacinternational.com
Automation delivers Adherence & ComplianceCurrent Model
PharmaciesPatient Assistance Programs
Co-Pay Assistance
Insurance Eligibility
Disease/Treatment Understanding
Adherence and Compliance Communications
Side Effect Management & Reporting
Payer
Adherence & Compliance Programs
Oncologist Patient
www.spacinternational.com
Automation delivers Adherence & ComplianceSPAC Model
WHY SPAC?• SPAC provides the compliance, adherence, chronic
care management and 24/7 medication monitoring by hand holding the patients.
• SPAC captures revenue, visits, scripts and provides better patient care.
• SPAC delivers better outcomes and survival
• SPAC keeps the physicians informed through the entire treatment cycle in real time.
www.spacinternational.com
Automation delivers Adherence & ComplianceSPAC Model
WHY SPAC?
• SPAC program activates in the exam room when the script is written and then it tracks the delivery of that entire treatment.
• SPAC is a conduit that connects patients, physicians, insurance companies, co pay programs, authorization programs and other patient services.
• SPAC’s vision is to provide the patient with the drug in the most efficient manner by working with the providers.
www.spacinternational.com
Automation delivers Adherence & ComplianceSPAC Model
WHY SPAC?• SPAC provides administrative support via a personal phone
contact or mobile applications like Apple or Android • SPAC helps schedule the follow up and captures patient
reluctance (e.g. mouth sores, fatigue) to treatment in real time.
• SPAC cloud application works with patient, primary care, oncologists, other specialists, and dispensing pharmacies, specialty pharmacies, infusion centers, hospitals, patient centered medical homes, Accountable Care Organizations.
• SPAC follows up on the patient on a daily, weekly and monthly basis
www.spacinternational.com
Automation delivers Adherence & ComplianceSPAC Model
Delivering better patient outcomes while having fun!!
www.spacinternational.com
Partnership with the Physicians
• mHealth applications that engage the patient with their physicians.
• Immediate feedback on patient symptoms and performance status.
• Patient health information exchange portal for the multispecialty.
www.spacinternational.com
A day in the life of a Cancer Patient.
Chemo
Radiation
Biopsy
Lab TestsInfusion
Transfusions
Imaging studies
Holistic therapy
Family Stress
Clinical Trials
Financial Stress
Psychological stress
www.spacinternational.com
Providing any patient services that do not begin with their physician leads to confusion for the patient and all other service providers.
Sargas has developed its patient centered solutions with the oncologist and their staff such that they are aware and have control over their patient's experiences
www.spacinternational.com
Automation delivers Adherence & ComplianceSPAC Model
Partnership with Patients
• Minimizing the barriers that prevent patients from quickly accessing their treatments.
• Utilizing all possible means including mHealth to communicate with patients and their caregivers or family members in the way that works best for them. Text messages, phone follow-up and email messages regarding treatment compliance.
• Care teams comprising of nurses and certified health professionals to assist the patients 24/7 with their treatment needs.
www.spacinternational.com
Physicians would bill Medicare for chronic-care management using a new G code. It would apply to at least 20 minutes of management services over 30 days for a patient whose multiple chronic conditions are expected to last at least 12 months, or until death, and that represent a significant risk for death, functional decline, or acute exacerbation or decompensation. Chronic-care services must be available on a 24/7 basis, but a clinical staff member can provide them at the midnight hour on an "incident-to" billing basis without direct supervision.
www.spacinternational.com
Automation delivers Chronic Care ManagementSPAC Model