Article
It is important to measure speed-to-therapy for specialty drugs to evaluate how much time it takes manufacturers, physicians, insurance companies, hubs, and specialty pharmacies to get essential medications to patients.
It is important to measure speed-to-therapy for specialty drugs to evaluate how much time it takes manufacturers, physicians, insurance companies, hubs, and specialty pharmacies to get essential medications to patients.
Importance of Measuring Speed-to-Therapy
Numerous stakeholders are involved in the patient journey; among them are manufacturers, physicians, insurance companies, hubs, and specialty pharmacies (SPs). It is important to measure speed-to-therapy (or time-to-fill) to evaluate the success of these stakeholders in ensuring that patients are receiving essential medications on time. Clearly, patients benefit from better service and earlier treatment of life-threatening diseases. In measuring speed-to-therapy, numerous causes of delay that contribute to the elapsed time-to-fill must be considered. It is in our best interest to understand the causes of these delays, prioritize them, and develop strategies to reduce their impact. The purpose of this survey is to identify problem areas as they relate to speed-to-therapy.
Background of Survey Participants
One hundred five participants completed the survey from companies such as Walgreens, Bayer, Diplomat, Teva, Pfizer, and many more. Here are notes about the process:
While many therapeutic classes were represented in the data, about a third of the contributors chose to focus on an oncology product that was on the market for fewer than 7 years.
Time-to-fill explains how quickly a patient initiates therapy after the SP receives a prescription. It must be noted that time-to-fill depends on the type of therapeutic product, whether the prescription was a new prescription or a refill, and if the product is new to the market. The survey results are as follows:
A certain number of delays are natural in the course of business; however, it is unacceptable to believe that the process cannot be improved. The top 3 perceived main delays were manual prior authorizations, missing or inaccurate information on forms, and inefficiencies related to the manufacturer hub referral process. A deeper look at the data suggests that prior authorization issues are most readily detected, accounting for nearly half of the delays.
Take Away Messages from the Survey
The experiences and perspectives from BioPharma and SP industry veterans were collected and analyzed. The following insights were derived from the data:
Technology is being underutilized in the capture and transfer of data critical to driving fast speed-to-therapy times. Software and programs for e-enrollment and e-prior authorization are being used by only one-third to one-fifth of respondents. Many use no such electronic systems at all.
Adoption of electronic systems and current best practices can improve prior authorization by making the process faster and easier. Furthermore, missing and inaccurate information can be mitigated by providing training programs to nurses and staff to properly educate them on filling out forms.
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