More Competition? Specialty Pharmacy Growth

The specialty pharmacy industry is booming and as many pharmacies opt for moving down the specialty pharmacy accreditation path, many hospitals and healthcare systems are starting to realize opening their own specialty pharmacies (or partnership with one) could be a good idea. The jump to specialty pharmacy for a health system or hospital, isn’t only a revenue driver as it gives them access but could also help with re-admissions, quality of care, and data collection. And as specialty pharmacies crop up all over the country, with an estimated 250 to be accredited by the end of 2015, it is the perfect opportunity for health systems to take fate into their own hands. From driving revenue, to increasing quality of care here are three main areas a hospital or health system can benefit in an in-house specialty pharmacy.

The Benefits of Specialty Pharmacy: For Hospitals & Health Systems

The specialty pharmacy industry is booming and as many pharmacies opt for moving down the specialty pharmacy accreditation path, many hospitals and healthcare systems are starting to realize opening their own specialty pharmacies (or partnership with one) could be a good idea. The jump to specialty pharmacy for a health system or hospital, isn’t only a revenue driver as it gives them access but could also help with re-admissions, quality of care, and data collection. And as specialty pharmacies crop up all over the country, with an estimated 250 to be accredited by the end of 2015, it is the perfect opportunity for health systems to take fate into their own hands. From driving revenue, to increasing quality of care here are three main areas a hospital or health system can benefit in an in-house specialty pharmacy.

The Importance of Targeted Care in Specialty Pharmacy

Specialty Pharmacy is one of the rapidly growing facets of the healthcare world. It’s projected that by the end of 2020 specialty drug spending will total $400 billion, accounting for 9.5% of national healthcare spending*. While these specialty pharmaceuticals require special care and dispensing, many pharmacies will find that to guarantee growth in 2015 onward, they may want to allocate resources for specialty pharmacy accreditation and specialties pharmacy services. Today we will discuss how the fast-growing industry is also paving the way in patient satisfaction and targeted care.

8 Helpful Questions To Jump-Start Your Accreditation Journey

Thinking about accreditation? Here are 8 helpful questions that you can use as a guide to help ease your organization into the accreditation process. We will group the eight questions into four simple steps, in order to help you jump-start your accreditation journey with ease.

3 Pharmacy Inforgraphics You Need To Read

It's the end of the week! It's time for a infographic roundup. This week we are focusing on Pharmacy. Here are 3 expertly designed and helpful infographics that focus on medication adherence, the changing role of the pharmacist in the healthcare ecosystem, and types of specialty pharmacy accreditation.

Let’s Talk About: Contractor Trends in Specialty Pharmacy

As payers and insurers narrow their networks in the specialty pharmacy arena, many are looking for a competitive edge that gives certain contractors a greater advantage. And while any pharmacy and self-designate as a specialty pharmacy, many third-party distributors and manufactures are limiting networks.

It’s Your Last Chance! Our Free Specialty Pharmacy Webinar Relaunches Wednesday!

Don't forget that our popular webinar “Specialty Pharmacy Accreditation: The Power of Accreditation,” relaunches Wednesday, April 22nd, 2015 from 2pm to 2:00pm EST. After a successful debut in March, we wanted to give those who weren't able to attend a second chance to join us!

Back By Popular Demand! Here’s Your Last Chance to Register for Our Free Specialty Pharmacy Webinar

Don't worry if you missed BHM Healthcare Solutions' highly popular webinar on specialty pharmacy accreditation, you have another chance! BHM will be relaunching the free webinar “Specialty Pharmacy Accreditation: The Power of Accreditation” on Wednesday, April 22nd, 2015 at 2:00 pm EST.

Measuring Quality in Specialty Pharmacy

Measuring quality is a priority in many fields of healthcare, but particularly for those that are just beginning to make their mark on the industry. Specialty pharmacy is one such area that is seeing enormous growth at present: the utilization of specialty drugs by consumers is accounting for as much as 60% of consumer drug spending. The growing market for the drugs creates, as well, an increased demand. If patients are aware that the drugs exist — and that they can be obtained through a specialty pharmacy — they will become an expectation within the realm of care.

Free Webinar “Specialty Pharmacy Accreditation: The Power of Accreditation”

BHM Healthcare Solutions, a healthcare consulting firm, announced today that it will host a complimentary webinar titled, “URAC Specialty Pharmacy Accreditation: The Power of Accreditation,” on Tuesday, March 31, 2015 from 3pm to 4:00pm est. The webinar will offer expert advice related to Accreditation, and why it’s important to stay competitive in today’s marketplace from Danyell Jones, Senior Vice President of Marketing, BHM Healthcare Solutions.

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