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Specialty Pharmacy Times
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Cardinal Health has expanded its services with an end-to-end solution for specialty oncology drug management covered under the medical and pharmacy benefits.
Cardinal Health has expanded its services with an end-to-end solution for specialty oncology drug management covered under the medical and pharmacy benefits.
Health plans and physicians are looking for specialty pharmacies that offer solutions to promote the delivery of better outcomes and cost-effective care for oncology patients. Health plans realize that specialty drug spend growth will reach 40% of total plan drug spend by 2020.
CHALLENGES FOR EFFICIENT QUALITY OF CARE
The following challenges have historically made it difficult for health plans to manage their oncology drug spend in a way that improves the quality and costs of cancer care:
We recognized that better solutions were needed to reduce drug waste, decrease costs to payers, and improve the quality of patient care. As a leader with innovative solutions in health care delivery, we have keenly focused on specialty oncology drug management covered under the medical and the pharmacy benefit by providing the following tools:
POINT OF CARE SOLUTIONS
Cardinal Health Specialty Solutions recently launched a point of care decision support technology solution which integrates evidence-based treatment protocols, incorporates physician pay-for- performance models, automates step therapy algorithms, and facilitates claims adjudications and real-time order generation for a specialty pharmacy.
Our goal is for this integrated solution to generate 10% to 15% savings on payers’ overall oncology spend by:
In order to drive cost savings, decision support technology solutions need to be easy to use and they need to drive functional benefits to payers and physicians alike. We have developed that balance in our integrated specialty solution.
PathWare Decision Transaction Solutions
Traditionally, oncology specialty therapies have been difficult to manage and the increased use of more specialized drugs have made them even more complex.
Innovative new approaches can help payers move beyond the traditional model of specialty pharmacy model of drug dispensing to a more progressive solution that helps contain healthcare costs for patients, physicians, and payers alike. SPT
About the Author
Recie Bomar, vice president, Specialty Pharmacy, Cardinal Health Specialty Solutions, has launched and operated pharmacy benefit management programs and prescription mail service organizations. Previously he was vice president of PrecisionRx Specialty Pharmacy—a WellPoint Company.