Specialty Pharmacy Continuum - September / October 2021

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Serving managed care, health-system and specialty decision makers Volume 10 • Number 5 • September/October 2021 • specialtypharmacycontinuum.com

Is Rx Utilization Worth It at $100 Billion/Year? D

CLINICAL

Boosting adherence to oral chemotherapy .....

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Balancing risks of chemo and COVID-19 ......

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Can psychotropics tame COVID-19 symptoms? .....

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The changing paradigm of new HIV therapies .......

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OPERATIONS & MGMT Hospital-at-home model gains traction .....

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HOSP alliance: strength in numbers ..........................

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POLICY

A glimpse at 2022 Medicare reimbursement ...............

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Key steps for becoming an ‘outcomes powerhouse’

Health Systems Prove Value In Specialty Care

rug utilization management programs cost physicians, patients, drug manufacturers and payors who impose these programs a collective $93.3 billion annually, according to a new report published in Health Affairs. The authors, led by Scott Howell, the chief strategy officer of U.S. pharmaceuticals at Novartis, reviewed the literature and found that patients spend approximately $35.8 billion annually in drug cost sharing; physicians devote approximately $26.7 billion in administrative time; manufacturers spend about $24.8 billion supporting patient access; and even the payors, who are trying to reduce costs, spend approximately $6 billion each year on administering u t i l i za t i o n management programs (doi.org/ 10.1377/ hlthaff.2021.00036). Noting that the United States spent approximately $409 billion on retail and nonretail branded drugs in 2019, they called the $93.9 billion outlay on utilization management “one of the most counterproductive uses of resources in the U.S. health care system,” and suggested that all stakeholders would benefit from a deescalation of drug utilization management, combining lower drug prices with lower barriers to patient access. “A broader exchange of value-based price for value-based access would permit a reduction in spending on the creation and countering of utilization management,” Mr. Howell and his co-authors wrote. “It would reduce administrative burdens and frustrations for physicians while improving access and health outcomes for patients.” How did they get to these figures? The investigators started with a comprehensive review of the available peer-reviewed literature, industry reports and “other documents.” Then they compiled estimates of spending related to drug utilization management based on the 22 publications that had what they considered to be the most reliable data and methods, covering a wide range of utilization categories. (For more details, see sidebar.)

ith third-party payors and pharmaceutical manufacturers often requiring that specialty pharmacies obtain accreditation from multiple accrediting bodies, there’s a new player in the space: the National Committee for Quality Assurance (NCQA). “Specialty pharmacy is growing, both nominally and as a percentage of total pharmacy spend, and we felt that this is [an opportunity] for expansion,” said Brad Ryan, MD, NCQA’s chief product officer. “For some time, we’ve had

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ompared with other types of specialty pharmacies, those based in health systems have superior access to patients and providers, as well as information in medical records, speakers said during a session at the virtual 2021 ASHP Specialty Pharmacy Conference. These factors can be leveraged to demonstrate value to various stakeholders. “Metrics commonly used to measure specialty pharmacy services today focus mostly on operational requirements,” said Amber Skrtic, PharmD, CSP, AAHIVP, a clinical pharmacist with Trellis Rx at Continued on page 10

A new option in a crowded field

NCQA Launches Specialty Pharm Accreditation

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More COVID-19 Coverage: CDC, ACIP at odds over who should get COVID-19 booster. Page 22


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