Specialty Pharmacy

Over the last 20 years, specialty pharmacy has grown and changed significantly to better manage high-cost drugs with challenging reimbursement issues.

Specialty drugs are a significant cost trend driver for the majority of plan sponsors.

To get the right drug in the right amount at the right time to the patient in the most cost-effective manner, the following strategies must be used.

Higher drug costs may be attributable to either high initial doses or a dose increase.

The management of risk in medicine is emerging as a priority topic for numerous stakeholders, including patients, providers (physicians, other prescribers, and pharmacists), specialty pharmacies, industry, and government organizations.

There is no universal agreement on what specialty pharmacy actually means and what products fall under its ever-expanding purview.

I remember meeting with employers 10 years ago and telling them that specialty medications were the oncoming train that they would have to address.