With the growing specialty drug pipeline that is contributing to nearly half of overall drug spend, we have been discussing strategies for managing these costly medications in a four-part series.[1] So far we’ve covered the importance of monitoring drugs before FDA approval and determining formulary placement, proper utilization management strategy, and how budget impact modeling can help a plan prepare for new specialty medications coming to market.
As the last step in managing specialty medications, plan sponsors must ensure that their members are getting individualized care from the specialty pharmacy in order to get the most benefit from these complex medications, minimize waste and alleviate additional costs from other healthcare complications.
The complexity of specialty medications can lead to a number of questions or hurdles that members taking these treatments need assistance with, including:
Beyond simply dispensing the medication, Elixir Specialty provides an individualized care model that provides support to members before, during and throughout treatment to optimize outcomes.
For certain conditions, a pharmacy specialist performs a readiness screening to determine if the member would benefit from an alternate start date due to other illnesses or to lessen the impact from side effects on daily living. This helps improve adherence, which is crucial for most specialty medications.
For those receiving injectable treatment, we link them to a pharmacy staff specialist, available 24/7 for counseling and injection support. We develop customized care plans for the member, which are condition and drug focused, with the pharmacist spending 20-30 minutes or more with the member during this initial assessment.
At the Start of Care – We assess all members at the start of care to determine if copay assistance programs are available, either through the manufacturer, governmental programs or non-profit foundation organizations.
During Therapy – Members receive clinical support throughout the course of treatment. We empower the member’s voice to gain insight into their treatment journey, discover opportunities to mitigate barriers and optimize care. We do this by using a number of different screening tools and questions. It’s more than simply counseling or telling the member they can reach out to us at any time. It’s gauging comfort with therapy. We do this by:
> Screening for issues such as itch, affected body mass and depression
> Evaluating the member’s confidence in their treatment
> Assessing for missed doses and side effects
> Customizing care plans to address issues
> Collecting lab results for appropriate disease states to track therapy effectiveness
> Intervening when needed to help members overcome barriers
All of this is done with a commitment to helping the member achieve their therapy goals.
Elixir Specialty’s dedication to the member is the difference between simply supplying a medication and truly impacting the quality of a member’s life. Knowing that every member’s story is unique, we provide a proactive, hands-on pharmacy approach that is disease- and drug-specific, as well as tailored to each member’s individual needs.
Our care model has resulted in 98% overall member satisfaction scores and 92% or higher medication adherence rates for four costly conditions, surpassing industry benchmarks. These results, as the last step in managing specialty medications, limit waste of pricey drugs and improve clinical outcomes, lowering the total cost of care while helping members achieve whole health for life.
This blog post was written with assistance from Jordan Maddocks, director of clinical services and outcomes for Elixir Pharmacies. Jordan was key and instrumental to our pharmacy growth and success, working with several teams on both the pharmacy and PBM side of the business for the past nine years. Jordan will be sorely missed and fondly remembered.
[{1] Seymore, Brandeis (2020). Challenges of Channel Management for Specialty: Medical Benefit or Pharmacy Benefit. Pharmacy Times. July 10, 2020. https://www.pharmacytimes.com/view/challenges-of-channel-management-for-specialty-medical-benefit-or-pharmacy-benefit.