Rightway’s Post

Congress is targeting rising prescription drug costs through PBM reform. Dive into our latest blog to explore the legislative efforts driving transparency in pharmacy benefits. #pbm #reform #pharmacybenefits #healthcare

Learn the 3-step process to add CGM to your practice workflow with strategies and tips to optimize CGM based patient care by joining Rick Siemens session at #PharmacyU Toronto. It's easy as 1, 2, 3.➡️ https://ow.ly/Z02O50R1z8t #pharmacy

Drug prior authorization and step therapy are commonly touted as strong cost saving strategies. Further examination of PBM modes of profit (specialty pharmacy fees/spread, mail order pharmacy and manufacturer admin fees),demonstrates the desire for their client’s members to utilize high cost drugs. Are prior auth and step therapy really containing costs or just there to create the illusion? Check out our latest video outlining PBM profits and what these services truly entail. Video link in the comments below 👇

Despite rising costs of weight loss drugs and medical services, employers are combating some expenses through value-based care. Utilizing designated centers, employers lowered prescription drug costs by 17%, and lowered employee costs for specific medical procedures by 14%. High cost of weight loss drugs and medical services strain employers https://hubs.ly/Q02QCVZM0 #HealthcareCosts #EmployeeWellness #PerscriptionDrugs #ChronicCare #EmployeeBenefits #WeightLossDrugs #WeightLossManagement #HighCostDrugs #BenefitsPlanRenewal

In his latest column for Chain Drug Review, NCPA CEO Douglas Hoey gives an update on our top priority: meaningfully Changing the Pharmacy Payment Model. Getting paid fairly, predictably and transparently for dispensing drugs, and for care services pharmacists do and can provide. "NCPA is blazing a new trail for the future of community pharmacy, and we’re seeing the potential for a tipping point on PBM business practices," he writes. "The tilted, one-sided business relationship between PBMs and pharmacies (and practically everyone else in the health care ecosystem) is closer than ever to being ­recalibrated." https://bit.ly/3RQdf6q

🔍 Attention Healthcare Professionals: PBMs are significantly impacting prescription drug costs and transparency. This issue affects both patient care and taxpayer dollars. Learn about the latest legislative actions in Washington and how we can advocate for better practices.  #HealthcareTransparency #PBMs #PatientRights #IndependentPharmacy #SmallBusinessSupport #CommunityPharmacy #CompoundingPharmacy

How well do you serve as a fiduciary for your members?

High-performance pharmacies must ensure they get paid for the products and services they provide. Best practices around revenue integrity have evolved over time, especially with advancements in technology. From compounded medications and patients paid with cash. Now, we bill a majority of prescriptions through "the switch." Prescription claim adjudication now happens in real-time, but as we transition to services, we face new challenges. Monitoring medical claims, tracking service payments, collecting co-pays, and forecasting revenue require new tools & better systems. As we embark on this new frontier, innovation is key. How can we take our learnings from the prescription business and apply them to the services business? #PaymentIntegrity #Pharmacy #Pharmacist Video Edits by GrowthMatch

In case you missed our webinar, please take a moment to read this most important blog by Ferrin Williams, PharmD MBA. Are you meeting your fiduciary obligations? Learn. more about your potential exposure here:

A News Alert from 340B Report: Welch Introduces 340B PATIENTS Act in the Senate - https://lnkd.in/eAgAb7YR To get full access to 340B Report news reporting and analysis, visit https://lnkd.in/gJd7qNyg #340B #pharmacy #drugpricing #hospitals #hospitalpharmacy