The Role of Specialty Pharmacy in Value-Based Care
Introduction Specialty pharmacy is well-positioned to lead the healthcare industry in the shift towards value-based care. Niche but high in value, specialty pharmacy already implements the unified, patient-centric approach that is foundational to value-based models. With attention to a few key opportunities and challenges, specialty pharmacies can champion value-based care within and beyond their organizations. […]
The Shift to a Value-Based Healthcare Supply Chain
A value-based healthcare supply chain operates under new incentives that require a reimagining of supply chain strategy and technologies. Introduction Value-based care is reshaping the foundation of the healthcare system by prioritizing patient health outcomes over traditional fee-for-service models. With a quadrupling of value-based care investment during the pandemic, health systems are increasingly turning towards these models […]
Diversifying Specialty Pharmacy Prescription Delivery Channels
It’s important to diversify your specialty pharmacy prescription delivery through both major carriers and couriers to ensure that critical shipments are delivered quickly, accurately, and safely.
How Growth in Shipping is Driving Specialty Pharmacy’s Focus on Supply Chains
In today’s high-growth specialty pharmacy segment, the supply chain should always be a priority. From 2016 to 2021, specialty pharmacy drug spending surged 43% to reach a whopping $301 billion, putting more emphasis on drug distribution across the supply chain. The trend is expected to continue, with the U.S. Department of Health and Human Services […]
Driving Alignment Between Supply Chains and Clinical Staff
In the complex web of healthcare delivery, the intersection of supply chains and clinical staff plays a pivotal role. The ties between these two areas were accentuated by the COVID-19 pandemic and continue to be of the utmost importance. Integrating physicians into supply chain management can be a transformative step toward the effective functioning of […]
How Vertical Integration in Hospitals is Supporting the Industry
The term “vertical integration” often carries a negative connotation in the specialty pharmacy space. However, hospitals are pioneering a positive form of vertical integration that yields advantages for patients, healthcare providers, and the overall business of Integrated Delivery Networks (IDNs). A recent Drug Channels article details the positive impact of this development on the broader […]
