Drug Channels

AUGUST 18, 2020

Hospitals and health systems are building a major presence in the specialty pharmacy industry. As we demonstrate below, nine out of ten large hospitals now operate a specialty pharmacy. accredited specialty pharmacies. Read more » Copyright © 2006-2020 Pembroke Consulting, Inc.

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Amber

JUNE 27, 2023

27, 2023) – Amber Specialty Pharmacy announces today that Craig Holtgrave has been named senior vice president of business innovation. Holtgrave joins Amber Specialty Pharmacy with more than 18 years of sales experience in the health care industry, with a strong focus in pharmaceutical manufacturing and pharmacy operations.

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Proxsys Rx

MAY 3, 2023

340B ESP and drug manufacturer restrictions are only part of the reason As we noted in a previous post , for 340B-eligible hospitals dealing with increasingly squeezed bottom lines, an in-house specialty pharmacy offers enormous savings and revenue potential. We published that post in September, 2022.

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Proxsys Rx

SEPTEMBER 12, 2022

For 340B-eligible hospitals dealing with increasingly tight bottom lines (which essentially means all 340B-eligible hospitals), an in-house specialty pharmacy offers enormous savings and revenue potential. What is a Specialty Pharmacy? That’s roughly six times faster than overall growth in the specialty drug market.

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Drug Channels

SEPTEMBER 23, 2020

Will COVID-19 trigger long-term share gains for specialty pharmacies as suppliers to hospitals and physician offices? Before the pandemic, specialty pharmacies—via white, brown, and clear bagging—had already displaced buy-and-bill distribution channels for a substantial chunk of provider-administered specialty drugs.

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Drug Channels

JULY 9, 2020

Click here to see the original post and comments from April 2020. In Drug Channels Institute's list of the top 15 pharmacies of 2019 , we show that many of the largest U.S. pharmacies are now central-fill mail and specialty pharmacies operated by PBMs and insurers. d/b/a Drug Channels Institute.

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Drug Channels

DECEMBER 18, 2020

Click here to see the original post and comments from September 2020. Will COVID-19 trigger long-term share gains for specialty pharmacies as suppliers to hospitals and physician offices? We estimate that in the first half of 2020, the coronavirus pandemic accelerated this shift. Read on and see if you agree.

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Drug Channels

JULY 21, 2020

Below, we update our exclusive analysis of the biggest specialty pharmacies within 340B. The four largest specialty pharmacies are owned by CVS Health, Cigna’s Express Scripts business, UnitedHealth Group’s OptumRx business, and Walgreens Boots Alliance/Prime Therapeutics. d/b/a Drug Channels Institute.

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Proxsys Rx

APRIL 4, 2024

Why a Specialty Pharmacy? Overview) As chronic illnesses become increasingly common in the United States, the number of specialty medications for managing these conditions has skyrocketed. Which is why, according to some online reports, nearly 80% of new drug introductions are now specialty medications. Better Incomes.

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Proxsys Rx

AUGUST 22, 2023

Why a Specialty Pharmacy? Overview) As chronic illnesses become increasingly common in the United States, the number of specialty medications for managing these conditions has skyrocketed. Which is why, according to some online reports, nearly 80% of new drug introductions are now specialty medications. Better Incomes.

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Drug Channels

AUGUST 3, 2020

NASP 2020 Annual Meeting & Expo Virtual Experience. September 14-18, 2020 | Virtual Experience www.naspmeeting.com/registration. The NASP 2020 Annual Meeting & Expo Virtual Experience promises to be the next best thing to being there! Copyright © 2006-2020 Pembroke Consulting, Inc. d/b/a Drug Channels Institute.

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Drug Channels

JUNE 1, 2020

Like many of you, I was disappointed that Asembia had to cancel its 2020 Specialty Pharmacy Summit. You can view them for FREE if your registration to the 2020 Specialty Pharmacy Summit was transferred to the 2021 Summit. Two highlights: The State of Specialty Pharmacy 2020: Market Data and Trends —Adam J.

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Amber

JULY 13, 2023

July 13, 2023) – Amber Specialty Pharmacy, an innovator and leader in the specialty pharmacy industry, has been selected as one of only two pharmacies nationally selected by Aimmune Therapeutics, a Nestlé Health Science company, to support the launch of VOWST. Amber Specialty Pharmacy , a Hy-Vee, Inc.

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Drug Channels

MAY 4, 2021

In Drug Channels Institute's list of the top 15 pharmacies of 2020 , we show that many of the largest U.S. market participants are now central-fill mail and specialty pharmacies operated by PBMs and insurers.

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Amber

NOVEMBER 21, 2022

21, 2022) – Amber Specialty Pharmacy announces that it will begin dispensing TZIELD (teplizumab), an anti-CD3 monoclonal antibody, to delay Stage 3 Type 1 Diabetes (T1D) in patients ages 8 years and older with Stage 2 T1D. For more information about Amber Specialty Pharmacy services, call (888) 370-1724 or visit www.amberpharmacy.com.

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Proxsys Rx

DECEMBER 22, 2023

Why a Specialty Pharmacy? Overview) As chronic illnesses become increasingly common in the United States, the number of specialty medications for managing these conditions has skyrocketed. Which is why, according to some online reports, nearly 80% of new drug introductions are now specialty medications. Better Incomes.

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Drug Channels

SEPTEMBER 18, 2020

Ela discusses the important role independent specialty pharmacies play in educating payers, supporting patients, and ultimately getting potentially life-saving therapies into the hands of patients. Read more » Copyright © 2006-2020 Pembroke Consulting, Inc. Read on for Ela’s insights. d/b/a Drug Channels Institute.

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Drug Channels

MAY 27, 2020

Before you venture outside for your lockdown barbeque, check out these noteworthy items off the Drug Channels grill: Payers predict how COVID-19 will affect formularies Our analysis of the 2020 retail-to-mail shift AmerisourceBergen profiles biosimilars Plus, CVS pharmacy offers a clever way to measure appropriate social distancing.

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Drug Channels

NOVEMBER 24, 2020

My recent tweets have highlighted: doctors against step therapy, distribution of COVID-19 therapies, biosimilar savings, copay accumulator data, prospects for smaller PBMs, the new transparency rule, specialty pharmacy profit metrics, the future of oncology practices, and an update on Diplomat founder Phil Hagerman. to 1:15 p.m.

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Drug Channels

JUNE 24, 2021

prescription dispensing revenues for calendar year 2020. prescription dispensing revenues reached a record $465 billion in 2020. The largest players all had bigger slices of the revenue pie, due to the growth at specialty pharmacies and multiple transactions that shifted market share among the vertically integrated companies.

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National Association of Boards of Pharmacy

MAY 28, 2025

NABP was first granted deeming authority by CMS to award Home Infusion Therapy Pharmacy Accreditation in 2020 and is currently one of 6 approved accrediting organizations. This video can help you understand the accreditation and reaccreditation process: Why Choose NABP Accreditation?

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Drug Channels

MARCH 9, 2021

prescription dispensing revenues for calendar year 2020. prescription dispensing revenues reached a record $465 billion in 2020. The largest players all had bigger slices of the revenue pie, due to the growth at specialty pharmacies and multiple transactions that shifted market share among the vertically integrated companies.

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Drug Channels

DECEMBER 14, 2020

Click here to see the original post and comments from October 2020. Last week, news broke that Prime Therapeutics is expanding its relationship with Cigna’s Express Scripts to include mail and specialty pharmacy dispensing. Read more » Copyright © 2006-2020 Pembroke Consulting, Inc. More to come.

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Drug Channels

JULY 23, 2020

The stunning growth of specialty pharmacies in the 340B Drug Pricing Program has accelerated a troubling trend: Patients covered by commercial insurance and Medicare Part D are footing the bill for 340B savings. Our indisputable math exposes the little-understood economics behind specialty pharmacies in the 340B program.

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Drug Channels

OCTOBER 15, 2020

Last week, news broke that Prime Therapeutics is expanding its relationship with Cigna’s Express Scripts to include mail and specialty pharmacy dispensing. This new pharmacy contract furthers the industry’s move toward vertical consolidation and the disappearance of the independent PBM industry. . More to come.

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Proxsys Rx

AUGUST 7, 2024

While the average 340B hospital’s revenues have decreased significantly since the 2020 advent of manufacturer restrictions, the 340B revenue of every hospital we serve has increased. Some covered entities generate as much as 600% in revenue from 340B specialty drugs as they do in traditional retail / outpatient pharmacy 340B prescriptions.

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Proxsys Rx

OCTOBER 24, 2022

The missing ingredient: 340B-eligible specialty medications In 2019, Medicare defined a “specialty drug” as any medication costing more than $670 monthly. In 2020, specialty drugs accounted for roughly half of the overall prescription drug market’s expenditures.

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Proxsys Rx

DECEMBER 11, 2023

At the same time, it’s no secret that, since the advent of 340B ESP in 2020, the drug manufacturers have imposed a raft of restrictions on 340B program savings that exist far outside the letter of the law as written by Congress in 1992. Every specialty pharmacy patient you serve should be monitored by a clinic pharmacist.

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Drug Channels

SEPTEMBER 21, 2020

15th Hub, SPP and eServices Summit September 29-October 2, 2020 | Virtual Event www.informaconnect.com/hub-spp-eservices/. Copyright © 2006-2020 Pembroke Consulting, Inc. Senior Vice President, Standards & IT , NCPDP Sarah Krug, Executive Director , Cancer 101 Sheila M. Arquette, R.Ph., Drug Channels, or any of its employees.

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pharmaphorum

NOVEMBER 1, 2022

In January 2020, the financial conglomerate Visa announced it was acquiring a relatively unknown startup, Plaid, for $5.3 A similar inflection point now faces the specialty pharmaceutical industry. Visa had established a stranglehold on financial transactions.

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Proxsys Rx

AUGUST 28, 2024

Ironically, their average gross profit margin in 2020 was over 73%. Just as importantly, your onsite retail pharmacy can serve as a communications and coordination hub between your 340B patients, providers and — ideally — your onsite specialty pharmacy. For an overview of Specialty Pharmacy Best Practices, Click Here.

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Proxsys Rx

NOVEMBER 15, 2023

Since the 2020 advent of manufacturer restrictions, while the average 340B hospital’s revenues have decreased significantly, the 340B revenue of every hospital we serve has increased. Negotiated pricing for specialty drugs Fees from specialty pharmacies also vary for 340B prescriptions. PBM relationships. One example.

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Proxsys Rx

MAY 24, 2023

But since the June, 2020 introduction of 340B ESP — which has led to an avalanche of ever stricter (and patently unlawful) manufacturer restrictions — the demands placed on 340B-eligible entities have changed so profoundly, we’ve divided this article into two halves.

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Proxsys Rx

MARCH 1, 2024

At the same time, it’s no secret that, since the advent of 340B ESP in 2020, the drug manufacturers have imposed a raft of restrictions on 340B program savings that exist far outside the letter of the law as written by Congress in 1992. Every specialty pharmacy patient you serve should be monitored by a clinic pharmacist.

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Drug Channels

JULY 6, 2020

Click here to see the original post and comments from March 2020. Next week, Drug Channels Institute will release our 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers. As you will see, pharmacy industry prescription dispensing revenues reached a record $446 billion in 2019.

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Drug Channels

JULY 6, 2020

Click here to see the original post and comments from March 2020. Next week, Drug Channels Institute will release our 2020 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers. As you will see, pharmacy industry prescription dispensing revenues reached a record $446 billion in 2019.

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Drug Channels

FEBRUARY 23, 2021

In this issue: Payers confess: Patients lose from copay accumulators Humana joins the Express Scripts GPO Hospitals vs. PBMs over specialty pharmacy white bagging Let’s all follow the Buy-and-Bill Dollar! Plus, entrepreneurial pharmacy owner Dave Marley demonstrates the power of innovation.

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