URAC Specialty Pharmacy Accreditation 2017-04-02T13:27:46+00:00

What is Specialty Pharmacy?

According to the URAC website, a specialty pharmacy is defined as a “full service pharmacy that specializes in filling prescriptions for patients who need certain high cost biotech and injectable medications. These specialty medications help patients with complex conditions including multiple sclerosis, rheumatoid arthritis, certain types of cancer, solid organ transplant, and hemophilia”.

BHM Healthcare Solutions is a consulting firm, independent of URAC, which assists pharmacies in their pursuit of URAC accreditation

Why Specialty Pharmacy Accreditation?

  • Within 4 years, specialty drugs will account for 40% to 45% of pharmaceutical manufacturer’s sales
  • 7 of the top 10 bestselling drugs (by revenue) are projected to be specialty drugs in 2016

Who can apply?

A pharmacy which distributes prescription medication to those, for example, with chronic conditions, while also providing education and care coordination with professional who prescribed the medication.

BHM’s Expertise with Specialty Pharmacy Accreditation
Not only can BHM assist with “Specialty Pharmacy”, but BHM can assist with any Pharmacy Quality Management Program through URAC to include:

  • Community Pharmacy Accreditation
  • Drug Therapy Management Accreditation
  • Mail Service Pharmacy Accreditation
  • Pharmacy Benefit Management Accreditation
  • Workers Compensation and Property and Casualty Pharmacy Benefit Management Accreditation

What are the specialty pharmacy trends?

  • Spending on traditional drugs has decreased
  • The use of generic drugs has increased
  • New focus on medication adherence
  • Specialty pharmacy usage has increased
  • Spending on specialty drugs varies by payers with commercial being the highest
  • Increase in chronic conditions
  • Medicare beneficiaries tend to use more specialty drugs than non-Medicare
  • Patients tend to require assistance with specialty drug therapies which can add to overall healthcare costs
  • Misaligned incentives contribute to rising costs
  • Increase in utilization (demand)
  • Increase in unit price to cover rising costs
  • Separation of payment/integration between medical and pharmacy

BHM Healthcare Solutions knows what it takes to achieve successful accreditation, and has assisted clients across the pharmacy spectrum with achieving multi-year accreditation through URAC for various Pharmacy Accreditation Programs. Our highly trained accreditation experts provide all of the tools that you need to cut through the complexity of the Pharmacy Accreditation Process ensuring that your accreditation is successful, and cost effective.BHM industry experts provide consultation to organizations seeking Specialty Pharmacy Accreditation through the Utilization Review Accreditation Commission (URAC). Whether you are seeking Specialty Pharmacy Accreditation or Re-Accreditation, BHM experts can guide you through the process to achieve success.

100% Accreditation Achievement Success Rate with URAC Specialty Pharmacy Accreditation!

Why work with BHM for your pharmacy accreditation?

  • Well, why not? BHM has achieved 100% accreditation for its clients across the board including specialty pharmacy. That statistic speaks for itself.
  • BHM has URAC- compliant policies and procedures which can be tailored to your organization. They are already created, why would you try to create them on your own? We know what URAC is looking for.
  • BHM has created a Specialty Pharmacy Accreditation process that is fool-proof, guaranteed to pass URAC’s strict standards. . Follow our process, and you are guaranteed success.
  • Are you already accredited? BHM can assist you with re-accreditation using the same tried and true practices that were used to achieve initial accreditation.
  • Why reinvent the wheel? BHM can hit the ground running and ensure that you achieve accreditation in a timely, efficient, and budget-conscious method. Lets’ save time and money and bottom line, achieve accreditation or re-accreditation.

BHM’s Expertise with Specialty Pharmacy Accreditation

Not only can BHM assist with “Specialty Pharmacy”, but BHM can assist with any Pharmacy Quality Management Program through URAC to include:

  • Community Pharmacy Accreditation
  • Drug Therapy Management Accreditation
  • Mail Service Pharmacy Accreditation
  • Pharmacy Benefit Management Accreditation
  • Workers Compensation and Property and Casualty Pharmacy Benefit Management Accreditation
Learn More About the Benefits of URAC Specialty Pharmacy Accreditation With This Complimentary Informative Tool!

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