The Pharmacy Podcast Show is the industry's first audio blog about the 'Business of Pharmacy'. The Pharmacy Podcast Network is dedicated to the pharmacy profession and is a collection of content with diverse topics within the pharmaceutical industry. The Pharmacy Podcast Show is about good useable content, information, and innovative ideas that we believe will advance the pharmacy profession. We are always expanding our programming to Independent Retail, Compounding, Long-term Care, Specialty, Hospital Systems, and Small Chain Pharmacy Businesses. We're expanding content for Patients and Pharmacy Students and encourage our listeners to submit ideas for future shows. The Pharmacy Podcast Show is about dynamic people in the pharmacy industry making a difference for our profession, customers, and patients.
Pharmacist's Financial Freedom - Pharmacy Podcast Episode 272

We are proud to welcome our newest Pharmacy Podcast Host Alex Barker, PharmD, who graduated from Ferris State University, completed a PGY1 residency focusing on ambulatory care and academia, and currently works as a clinical pharmacy specialist in an ambulatory care and anticoagulation clinic. He is the founder of Pharmacy School HQ (http://www.pharmacyschoolhq.org), which is dedicated to helping students become pharmacists. 

Alex interviews Timothy Ulbrich, PharmD, who is the associate dean of workforce development and practice advancement and an associate professor of pharmacy practice at Northeast Ohio Medical University (NEOMED) College of Pharmacy. He received his PharmD degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He recently received the Ohio Pharmacists Association (OPA) Distinguished Young Pharmacist Award and has also received the Most Influential Professor award from the graduating class 3 years in a row. He is passionate about empowering pharmacists and pharmacy students to take control of their personal finances. Follow him on Twitter @FinancialRPh

 

Direct download: Purposefully_Planning_a_Pharmacists_Financial_Future.mp3
Category:Pharmacy -- posted at: 9:46pm EDT
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We are joined by independent pharmacy business accounting expert - Ollin Sykes founder of Sykes & Company, P.A.

Sykes & Company, P.A., was established in 1984 as a firm that offers accounting, tax and business advisory services. Sykes serves clients in northeastern North Carolina from their Edenton NC location and serve clients across the USA through their seamless cloud based accounting technology and video conference capabilities.

Industries we serve include:

  • Pharmacies
  • Professionals
  • Agri-businesses
  • Real estate developers
  • Retailers
  • Wholesalers
  • Contractors
  • Associations
  • Manufacturers

Sykes also work with the owners, executives, employees and retirees of their business clients. In their work with individuals, Sykes focus on primarily middle and upper-income clients so that they can concentrate on the areas of public accounting most relevant to pharmacy owners needs. 

Direct download: OLLIN_SYKES_PHARMACY_CLOUD_ACCOUNTING.mp3
Category:Pharmacy -- posted at: 7:29am EDT
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American Pharmacy Purchasing Alliance (APPA) - Pharmacy Podcast Episode 270

We interview Kim Kersten - Board of Director member of the American Pharmacy Purchasing Alliance (APPA). 

Welcome to the American Pharmacy Purchasing Alliance (APPA), the leading association for pharmacy buyers. APPA is made up of a group of dedicated and experienced professionals in the pharmacy purchasing industry. Our decades of experience enable us to provide members of the alliance excellent services and valuable information. 


Our mission is to:

Meet the discerning needs of pharmacy buyers
Create networking opportunities for participants
Educate and provide industry-related information
Enhance knowledge of pharmacy buyers through educational opportunities and events
Simplify the process needed to complete certain transactions
Promote the role of pharmacy purchasing in total patient care
Provide a unified voice for the members of the alliance

The members of APPA consist of pharmacy buyers, independent pharmacy owners, pharmacists, pharmacy vendor reps, group purchasing organizations and drug companies from private, non-profit or institutional facilities run by the government.

CONTACT: 

Joshua Pirestani | President

American Pharmacy Purchasing Alliance

Tel: 877-570-2665

Cell: 714-334-6853

Email: josh@joinappa.com

Website: joinappa.com

Direct download: American_Pharmacy_Purchasing_Alliance_APPA.mp3
Category:Pharmacy -- posted at: 10:27pm EDT
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Senior Care Pharmacy Coalition Fighting for Drug Pricing Transparency - Pharmacy Podcast Episode 269

Interview with Alan G. Rosenbloom, President and CEO of Senior Care Pharmacy Coalition (SCPC) about the Avalere Health Study: Long Term Care (LTC) Pharmacy Sector Plays Key, Growing Role in U.S. Seniors' Care as New Payment, Delivery Models Gain Prevalence in the industry.  

More Transparent Drug Pricing Can Help LTC Pharmacies Sustain High Quality SNF, ALF Patient Care

Washington, DC - A new Avalere Health study of the nation's growing long term care (LTC) pharmacy sector - the most detailed analysis since Medicare Part D was implemented in 2006 - finds LTC pharmacies playing a greater role in seniors' clinical care as new health payment and delivery models such as Accountable Care Organizations (ACOs), bundled payments and value-based purchasing proliferate amid a rapidly changing healthcare marketplace.

The study, entitled " Long-Term Care Pharmacy: The Evolving Marketplace and Emerging Policy Issues ," was conducted for the Senior Care Pharmacy Coalition (SCPC), and also suggests that a more transparent, streamlined drug pricing and distribution process can help sustain the beneficial LTC pharmacy clinical services that advance high quality care and Medicare cost-savings.


"As the launch of the SCPC was an important milestone for our sector in 2014, our release of this benchmark report in 2015 demonstrates independent LTC pharmacies, our patients and our business partners will continue to benefit from a robust, sector-specific advocacy and educational effort in which facts, data and metrics demonstrate the significant added value of medication therapy management and unique, clinical services we provide," stated Michael Bronfein, Chairman of the SCPC, and co-founder of the Baltimore, MD-based NeighborCare and Remedi SeniorCare.

"With this report, and another to soon be released related to Maximum Allowable Cost (MAC) pricing, we will continue to focus not just upon the challenges facing independent LTC pharmacies and our patients, but also putting forward the bipartisan policy solutions to address them," Bronfein continued. "Moreover, we believe it is time to finally initiate an objective, constructive, data-informed policy discussion on how best to meet the interests and health needs of elderly consumers in a volatile, excessively opaque drug pricing marketplace.”

Observes the Avalere Health report on more transparent drug pricing: "To preserve choice, and to ensure that elderly SNF and ALF patients continue to receive the LTC pharmacy clinical services that help advance high-quality patient care and cost-savings objectives, policymakers should consider how to address the unique needs and roles of LTC pharmacies as they seek to streamline, standardize and make more transparent the drug pricing and distribution process."

In addition to noting LTC pharmacies are distinctly different than retail pharmacies -- with significantly greater clinical, operational, legal and regulatory requirements resulting in higher costs to dispense -- the 32-page study also details how LTCPs play an essential, unique role in patient care teams; that the typical skilled nursing facility (SNF) patient receives 8 to 10 different medications each day; and that LTCPs serve a crucial role in the care continuum by ensuring seniors' pharmaceutical needs are met, consultative services are performed and patient-specific clinical intervention is carried-out as needed.

Other key sections of the study include an Overview of LTC Pharmacies and their national footprint; Understanding the Differences Between LTC and Retail Pharmacies; State of the LTC Pharmacy Sector and the most common conditions for which LTC Pharmacies dispense prescriptions; LTC Pharmacy Sector Consolidation and their relationship with prescription drug plans (PDPs) and pharmacy benefit managers (PBMs); LTC Pharmacy Policy Issues and Challenges including MAC pricing, dispensing fees and short-cycle dispensing, FDA repackaging guidance and the shift to value-based payment and other delivery models. The conclusion details the issues policymakers should consider to improve the viability and strength of the LTC pharmacy sector as it assumes a larger role in the broader spectrum of care.


Alan G. Rosenbloom, President and CEO of SCPC, concluded: "Independent LTC pharmacists provide a unique set of capabilities to serve an increasingly vulnerable patient population. As baby boomers age, the population over 85 will grow by nearly 90 percent over the next 20 years, and these seniors' need for medications and related consultative services will grow. Independent LTC pharmacies can be increasingly integral to optimizing care outcomes and boosting spending efficiencies -- and this new study will help us to continue making this case on Capitol Hill and with the broader national healthcare community."


Rosenbloom said SCPC would release subsequent news releases over the next several months corresponding to the wide variety of issues and topics addressed in this LTC pharmacy sector report.


The SCPC represents companies that own and operate independent long-term care pharmacies (LTCPs) in more than 40 states, serving over 400,000 residents in skilled nursing facilities (SNFs) and assisted living facilities (ALFs) daily. To learn more, visit seniorcarepharmacies.org or follow us on Twitter .

Direct download: Senior_Care_Pharmacy_Coalition.mp3
Category:Pharmacy -- posted at: 9:30am EDT
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Mobile Health Driving Adherence in Specialty Pharmacy - Pharmacy Podcast Episode 268

 

Incredible interview with Eric Sredzinski, Pharm.D., about improving medication adherence in HIV patients through mobile health technologies developed by the team at Avella Specialty Pharmacy. 

Special Guest:

Eric Sredzinski, Pharm.D., AAHIVP

EVP, Clinical Affairs & Quality Assurance, Pharmacy Program Director, ADAP

About Avella Specialty Pharmacy: 

Founded in 1996 as a single pharmacy in Scottsdale, Arizona, Avella Specialty Pharmacy (Avella) has strategically expanded to become one of the nation’s most respected specialty pharmacies. Once known primarily for its quality compounding capabilities, Avella is now recognized for its national specialty pharmacy services and its unparalleled high-touch therapy management programs. Avella’s mission is to optimize patient health through a relentless devotion to clinical excellence.

A leader in the specialty pharmacy industry, Avella’s enhanced clinical management programs educate and empower patients, enhance patient adherence, promote regular communications with providers, and reduce costs at every opportunity. Since 1996, Avella has grown its national distribution facility, its community-based specialty pharmacies, its sales force, and its wholesale division to consistently provide personal, timely, and cost-effective specialty pharmacy services to hundreds of thousands of patients and practitioners throughout the U.S.

#mHealth 

Direct download: Specialty_Pharmacy_mHealth_Technology_-_Avella_.mp3
Category:Pharmacy -- posted at: 8:44pm EDT
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The Changing Landscape of Retail Pharmacy  Pharmacy Podcast Episode 267

We interview the Vice President of Sales with H. D. Smith - Rob Meriweather about the impact of drug wholesale on the future of our pharmacy industry.

Rob reports directly to the SVP, Drug Divisions with primary responsibility for enterprise sales strategy, segment-based revenue growth and corporate relationship with strategic account and group purchasing organizations. Rob was the 2015 Executive of the Year for H. D. Smith and created first-to-market deal structures resulting in revenue growth of $90M. Rob also contributed to the sales architecture in mobile application delivery adding value to their sales teams and customers, driving compliance in most profitable segment by more than 7%. 

Rob Meriweather can be reached by email: Rob.Meriweather@hdsmith.com 

H. D. Smith Corporate Offices

3063 Fiat Avenue
Springfield, IL 62703
Toll free: 800.252.8090

Direct download: Drug_Wholesaler_Innovation.mp3
Category:Pharmacy -- posted at: 12:11pm EDT
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