PEPFAR's new local approach could be crucial to ending the HIV epidemic here in Guatemala and around the world. Published in issue: September 2019. p6. Across all lines of business (LOB), more than 90% of total drug spend on the medical benefit is … He also believes that patients have to weigh a drug’s relative value against its price tag. Here are just a few of the big global health issues that we at IntraHealth International will be watching and responding to in the coming year. As we move close to 2019’s halfway point, it’s time to reflect on the issues that are shaping the pharmaceutical industry for this year and beyond. “Hopefully, the FDA will improve shortages and at least minimize the problem by providing alternative products to those with shortages, expediting generic approval,” he says. Specialty pharmacy fills represent around 24 percent of … 490-581 Issue 4: Pharmacy Research IV, August 2017 , pp. View our policies by clicking here. Also, Amazon may enter the retail pharmacy market through its acquisition of Whole Foods and also consider entry into the wholesale drug market or a partnership with a PBM. Interested in LINKING to or REPRINTING this content? Current Issues in Pharmacy and Medical Sciences provides a platform to authors and readers interested in exchange of important recent research and ideas. The intervention resulted in a four-fold increase in members receiving naloxone, an overdose reversal agent. Pharmacy, an international, peer-reviewed Open Access journal. Plus, how pharmacies can successfully navigate these issues and stay compliant. On the other hand, Lutz believes that no model exists that can support the development and distribution of orphan and genomic drugs and biosimilars. Since pharmacists are expected to handle more responsibility professionally, some students are under more pressure to pursue a doctorate without expecting anything in return. *Publisher statement - Royal Pharmaceutical Society membership data - January 2019… The PBM also works with providers to manage therapy and with retailers to prevent patients from filling the same prescription in multiple pharmacies. Pharmacy workforce issues will be a challenge for 2019 as there is a technician shortage but a pharmacist oversupply. It should be noted that while 503A compounding remains the primary responsibility of State Boards of Pharmacy, the FDA can and will investigate any concerns in this space. MDPI stays neutral with regard to jurisdictional claims in published maps and institutional affiliations. Hospital pharmacists are facing a large number of challenges in the next few years in the UK, which will shape the agenda of the Guild of Healthcare Pharmacists (GHP) who provide professional and industrial representation. Managed Healthcare Executive January 2019 Issue, How to Reduce Maternal, Infant Health Risks During COVID-19, Secondary Progressive Multiple Sclerosis: Patient Impact and Coverage Implications for New Therapies, AMCP launched an Addiction Advisory Group, The top three pharmacy challenges of 2018, FDA, shortages decreased to 39 in 2017 from a peak of 251 in 2011, Three Pharmacy Regulations Health Execs Should Watch. We have seen the proliferation of Accountable Care Organizations (ACOs) and ACO-like programs. In early 2018, AMCP launched an Addiction Advisory Group to promote better practices and improve addiction prevention and treatment serviced. 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That is nine more than record-breaking 2017, which had the highest number of approvals in more than two decades, according to an April 12, 2018 Health Policy Report in the New England Journal of Medicine. 340B ProgramThe 340B Program has grown considerably since its inception and now represents approximately 4% of the total US prescription drug spend. What experts say will be the year’s biggest problems, and what can be done about them. AJP will be hosting a panel session at APP in March, and we would like to know what the most pressing issues are in pharmacy at the moment. “Under such a model, the savings or consequences of a medication under a pharmacy benefit will likely be seen on the medical side of the benefit. “We need to change reimbursement to a value-based model; manage outcomes and patients; and tie reimbursement to outcomes to prevent adverse effects and hospitalization and increase survival.”. Current Issues in Pharmacy and Medical Sciences 2020-21 Real-Time Journal Impact Prediction & Tracking 2021 2020 2019 Journal Impact, History & Ranking “Technology can help us make informed decisions by using data analytics, enhance reporting and provide better access to data, helping us put the best programs into place,” she says. It is up to PBMs and plans to decide which benefit should cover specialty,” Lutz says. As a result of this growth the program has come under increasing criticism from elements of the PhRMA and Biotech industries, community oncology groups, PBMs, CMS, members of Congress and the Trump administration. 149-208 Issue 2, April 2019 , pp. “We need to focus more on technology and be more vigilant of errors that can occur and overzealous about new drugs because not a lot of written information is available,” he says. Influenza cases hit a record low in 2020, according to CDC data. Continuing Drug ShortagesWe have seen no significant abatement of the ongoing issues surrounding drug shortages this year and there are no indications that this situation will improve in 2019. Similar to last year, specialty drugs are hiking up the cost of pharmacy. The latest release in ACCP’s popular Pharmacotherapy Self-Assessment Program (PSAP) focuses on evidence-based management strategies for a wide range of disorders, with a central theme that involves management of the immunocompromised host, but also branching out into an assessment of other pertinent topics facing the clinician in pharmacy practice today. Midterm elections were focused strongly on healthcare, and the results seem to demonstrate voter support of the Affordable Care Act. Providing the latest community pharmacy news. 218-278 Issue 3, June 2020 ... Issue 3, June 2019 , pp. © 2021 MJH Life Sciences and Managed Healthcare Executive. Disruptive InnovationA number of recently formed alliances and acquisitions points to new technology and distribution innovations that could transform how medicines are paid for and delivered. In response to calls for a different approach, we see PBMs evolving from the traditional model that essentially “hides” certain pricing elements to a model with more transparency. The Journal welcomes both fundamental and applied work, as well as … Issue 6: Pharmacy Research VI, December 2017 , pp. 'Next-door health care' use will rise. Traditionally the PBM contract is negotiated in HR/Benefits with little or no pharmacy involvement, but pharmacy has data and expertise that can support HR/Benefits and provide a much better understanding of PBM practices to help select and negotiate the best possible option. Current Issues in Pharmacy and Medical Sciences Volume 32 Issue 1 (2019) The development of HPLC-DAD method for determination of active pharmaceutical ingredient in the potassium 2- ( (4-amino-5- (morpholinomethyl)-4H-1,2,4-triazol-3-yl)thio) acetate substance. Lucio makes technology sound like a necessary evil when he says it is expensive but enables the pharmacy industry to work more safely and effectively. Current Issue Articles: September, 2019 Evaluation of Medication Adherence in Chronic Obstructive Pulmonary Disease G Ramya Bala Prabha, Shilpa K, Sarika K, … The FDA approved the first generic competitor to EpiPen in August 2018 made by Teva Pharmaceuticals. We will also see revised Chapters <797> and <800> completed, and a new chapter <825> which will address radiopharmaceuticals. Back; Informational Resources; APhA Practice Tools ; Advertise ; Subscribe ; Related Publications. Back; Current Pharmacy Today Daily; Past Pharmacy Today Daily; Resources. Current issue Browse list of issues Explore. Current Issues in Pharmacy Practice Julie L. Webb, R.Ph. In this episode, Darshan talks about how the rise in cannabis, telepharmacy, and the emergence of the General Data Protection Regulation (GDPR) may affect pharmaceutical companies. Author IdentificationJames Jorgenson, RPH, MS FASHP is the Chief Executive Officer for Visante Inc. 101 E. 5th Street, #2220, St Paul, MN 55101jjorgenson@visanteinc.com(317) 997-2004. 2020 2020 Volume 55 Issue 6, Current Issue December 2020 , pp. Our experts are aware of current developments for pharmacies and through our proactive approach, we inform our clients of any issues that may affect them. Pharmacy has undergone a series of changes in 2019. As of this publication there are well over 200 drugs in shortage situations. “Solving this problem takes a multistakeholder approach; it is important to manage utilization without compromising care,” Cantrell says. Rising drug costs pose a financial challenge to hospitals for inpatients, but high cost drugs are also an opportunity for the hospital’s outpatient business. On the positive side, about 85% of people with commercial insurance pay less than $20 a month out of pocket. “Negotiating for best drug price shouldn’t present a barricade,” Gavras says. Following a call out on social media, we have a shortlist of topics that we want you to vote on. November 5, 2019. The Pharmaceutical Journal is the official monthly journal of the Royal Pharmaceutical Society, with a circulation of more than 30,000* copies, making it one of the largest worldwide pharmacy member-based publications. “The challenge of high costs is lessened if you have control of your healthcare budget and access to drugs,” Lucio says. © 2021 MJH Life Sciences™ and Managed Healthcare Executive. Current Issues in Pharmacotherapy contains three learning modules with a total … A paradigm shift in the approach to these practice standards as requirements to meet compliance must change to a desire to meet standards and exceed them for patient and employee safety. Much of this increase is being fueled by the continued development of specialty pharmaceuticals (high cost drugs used to treat complex patient conditions) which comprise approximately 35% of the total drug spend yet represent less than 3% of prescription volume. “Administrators do not fully appreciate the complexity of these standards or the need for constant monitoring,” he says, leading to his recommendations to hire a compliance expert and develop a compliance policy with living documents to support each product and environment. While pharmacy assumes different challenges every year, affordability has stayed at the top of the list. Hospital pharmacy transformation programmes (HPTP), the meltdown of A&E services with an undercurrent of financial pressures and low morale owing to workplace pressures are some of the issues facing hospital pharmacy. Full-Text HTML; PDF Human connection and pharmacy’s evolving role. While this gives students more options in the field of pharmacy, it also requires a longer period of study and subsequently, more fees. But capturing and recording that event in the pharmacy benefit, which is needed to execute the VBC model, is hampered by the segmentation of the two benefits. Issue #2: Pursuing a Higher Education. 1 hospital in each state for 2020-21, Florida COVID-19 fatalities data included man who died in motorcycle accident, Sanford Health CEO: I've had COVID-19, won't wear a mask as 'symbolic gesture', COVID-19 symptoms can be grouped into 6 clusters, UK researchers say, 'Our backs are to the wall': Texas hospital to turn away COVID-19 patients with poor survival chances, 10 best hospitals for cancer care, ranked by US News & World Report, Neck gaiters, bandanas more harmful than not wearing a mask, Duke study suggests, Former Tennessee hospital CEO says he was asked to resign after participating in surgery, When will smell, taste come back? We can expect to see enhanced options for preparation, including guided prep systems and next generation robotics. The separation of medical and pharmacy benefits is confusing for patients and prescribers alike, and presents a specific hurdle for the adoption of value-based contracting (VBC) models for medications,” Cantrell says. 394-NP90 Last year, non-adherence and pharmacist compensation capped off the top three, but in 2019, industry experts are identifying new barriers that have even more impact. Compared with the period from September 29 to December 28, 2019, when there were more than 65,000 cases of influenza in the United States, the same period of 2020 saw just 1,016 cases of influenza. In a metaphorical sense, the pharmacy industry is caught in a whirlwind of change largely driven by new regulations and industry trends. Senior Vice President Office of Professional Development Disclosure Statement •I have no conflict of interest or financial disclosures relative to this presentation Pharmacists’ Objectives • Explain the pharmacy profession’s efforts in pursuing provider status at the national level © Copyright ASC COMMUNICATIONS 2021. gauge awareness of its current service offering explore opportunities for partnership and fundraising and investigate any potential barriers to engagement identify and understand the issues affecting those in the sector today review the needs of its Current Issues in Pharmacy Practice Lea S. Eiland, Pharm.D., BCPS, BCPPS, FASHP, FPPAG Clinical Professor and Associate Department Head Auburn University Harrison School of Pharmacy ASHP Board of Directors Disclosure Statement •I have no conflict of interest or financial disclosures relative to this presentation Pharmacists’ Objectives “Innovation with gene therapies and precision medicine increases the fight to afford specialty drugs,” says Susan A. Cantrell, RPh, CEO, Academy of Managed Care Pharmacy . We spend over 18% of our total GDP at $3.3 trillion dollars annually on healthcare. In the simplest approach the ACO receives quality and cost targets and is incentivized by additional payments if they hit their required quality and cost goals. Prescription drugs now represent approximately 17% of the total US healthcare spending. Copyright © 2021 Becker's Healthcare. Here are the six top pharmacy challenges health executives can expect in 2019: Similar to last year, specialty drugs are hiking up the cost of pharmacy. For 2019, hospitals and health systems would be wise to evaluate their current PBM performance for their employees and any “at risk” populations they are responsible for – and pharmacy should be part of this analysis. CMS also is working to change how the payment reduction applies to certain biosimilar products, reducing the size of the payment reduction for these products, and clarifies the application of the payment cut to new drugs. At the same time that USP standards are in process, State Boards of Pharmacy are also actively working on enhancements to their regulations as well as continuing to elevate the training around sterile compounding compliance for their inspectors. 10 Global Health Issues to Watch in 2019 . In May 2019, Pharmacist Support commissioned another major piece of market research. However, the unintended consequence was an enormous increase in people addicted to prescription pain medications. The primary legislative initiatives under consideration this year by Congress have centered on increased transparency for the program and hospitals should work to voluntarily address this issue. Take a look back: The top three pharmacy challenges of 2018. Most recent (RSS) Most cited (RSS) Filter issues by Issue archive. All rights reserved. Here are the six top pharmacy challenges health executives can expect in 2019: Affordability. Sterile CompoundingThe safe preparation of compounded sterile products both from a patient and healthcare worker perspective remains a focus for 2019. And, the FDA is continuing to provide guidance documents regarding sterile compounding and 503A/503B requirements from the Drug Security and Quality Act. Lutz is all for technology, considering it to be a critical part of the solution of keeping drug costs down-especially the use of online tools. In other words, those responsible for managing the pharmacy benefit may not have access to medical data,” she says. Initial education and training of pharmacy technicians Key issues, challenges and interdependencies • Supply of pharmacy technicians as the GPhC register numbers are static. • Ensuring educational infrastructure and training quality. Although Steve Lucio, associate vice president, Vizient, a performance improvement company located in Irving, Texas, recognizes the effectiveness of specialty drugs, such as those for immunotherapy, he says they can saddle patients with high costs. All Issues - Hospital Pharmacy. The journal Current Issues in Pharmacy and Medical Sciences globally welcomes all researchers and authors interested in the field of pharmaceutical and medical research. It is possible to become addicted after a single course of treatment and it is impossible to predict exactly who might have this addiction predilection. The General Pharmaceutical Council (GPhC) is the independent regulator for pharmacists, pharmacy technicians and pharmacy premises in Great Britain. With medications representing the fastest growing element of US healthcare spending and the primary treatment modality for the majority of patients, pharmacy can play a significant role in addressing these challenges. This country also claims the highest pharmaceutical spending among its peers. February 1999 - December 2020 Select an issue ... Browse by year. When I think about the pharmacy industry, the image of Dorothy being swept away in a tornado in the Wizard of Oz comes to mind. Vote below – choose the three issues that you think are most important right now. Uniformity of Pharmacy Practice. She is concerned that the price of drugs is outweighing income when the average annual cost of a specialty drug is $52,000 and the median wage in 2016 in this country was $48,665. “Pharmacy is the most frequently-used benefit, and it’s a real-time benefit-you know what you are going to pay when you pick up a prescription.”. From a reinvigorated pharmacy services agenda to rising shortages and stress, C+D’s editor looks at the biggest issues facing the sector in 2020 Whether it was the implementation of the Falsified Medicines Directive , unannounced inspections or the five-year funding contract in England, 2019 was a year of firsts for community pharmacy. Meghann Chilcott, Chief Technology/Marketing Officer at Benzer Pharmacy looks at current… PharmaBoardroom | The Pharmacy in 2019 Meghann Chilcott, Chief Technology/Marketing Officer at Benzer Pharmacy looks at current pharmaceutical service trends that aim to create a more perfect union among technology, medication delivery and patient care for independent pharmacists. Assumes different challenges every year, Affordability has stayed at the top three pharmacy health. Payments to 340B hospitals for Part B drugs and biologicals are the six top pharmacy challenges health executives expect. Approach could be crucial to ending the HIV epidemic here in Guatemala and the! Looking ahead at the top three pharmacy regulations health Execs should Watch demonstrate voter Support of the.... Might this mean for the future of pharmacy Advertise ; Subscribe ; Related Publications Issue... Browse by...., ” Lutz says compounded sterile current issues in pharmacy 2019 both from a peak of in! 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