Video

The Importance of Formulary Adherence in Health Systems

In an interview with Pharmacy Times, Peter Bonis, MD, chief medical officer of clinical effectiveness at Wolters Kluwer Health, said formulary adherence in health systems is essential for several reasons.

Aislinn Antrim: Why is it important for prescribers to stay on formulary whenever possible?

Peter Bonis, MD: Yeah, so, there has been some debate about the net benefits, but there are 3 major reasons. So, number 1 is cost, number 2 is appropriateness, and the third is safety. So, formulary decisions have ideally been chosen carefully by multi-disciplinary teams who consider all these factors in the hope to help drive the ecosystem toward more safe, cost-effective care. So, formulary adherence is more important now than ever, particularly on the cost side. So, hospital drug spending has increased nearly 19% between 2015 and 2017, and continues to rise, and almost 30% in the ambulatory setting. On appropriateness, many studies continue to demonstrate that drug choices are not always applied optimally to specific care settings, so restricted formulary choices can help to sharpen decision making. And finally, on safety, constrained formulary helps organizations to be familiar with the existing complements of drugs, potentially helping to make sure that they’re used safely. There are more than 360,000 patients who have suffered preventable drug events in the inpatient setting each year, and even more so on the ambulatory side. So, much more needs to be done, but formulary adherence is certainly part of that solution.

Related Videos
Lipoprotein particles | Image Credit: © komgritch - stock.adobe.com
Hands holding a crochet heart | Image Credit: © StockerThings - stock.adobe.com
Wooden blocks spelling HDL, LDL | Image Credit: © surasak - stock.adobe.com
Anticoagulant attacking blood clot | Image Credit: © BURIN93 - stock.adobe.com
Depiction of man aging | Image Credit: © Top AI images - stock.adobe.com
Map with pins | Image Credit: © Tryfonov - stock.adobe.com
Heart with stethoscope | Image Credit: © DARIKA - stock.adobe.com
Image Credit: © abricotine - stock.adobe.com
Senior Doctor is examining An Asian patient.