How Can Stakeholders Improve Outcomes, Reduce Oncology Spend?

Video

Elvin Montanez, PharmD, chief operations officer at BioPlus Specialty Pharmacy, discusses how to improve patient outcomes and decrease oncology spend.

Montanez: I think stakeholders in specialty pharmacies—one, we can invest more in really getting to know more about the patient and their medical history, collecting data around what we are getting ready to engage in around their care plan.

I think all that data—when it’s presented in a meaningful way—creates information on why patients are responding, why they’re able to stay on therapy, why they’re coming off of therapy, what works, and what doesn’t work.

In 2015 and 2016, we really learned that real-world evidence that we collect on a regular basis is very important to understanding the patient journey around the oncology prescription and if health care isn’t provided in an effective way and a quality way, the spend starts to increase and you can see a lot of wasteful utilization.

All of that is mitigated when you’re really looking at the patient and the engagement process. Getting to know what we’re treating, how we’re treating it, what are the expectations, what’s the patient’s journey been leading up to their engagement with your specialty pharmacy, and what are the expectations and outcomes around that treatment.

Related Videos
Sleep Apenea C-PAP Machine | Image Credit: sbw19 - stock.adobe.com
lymphoma, OPC, ASCO 2024, hodgkin lymphoma
Rear view of Audience listening Speakers on the stage in the conference hall or seminar meeting, business and education about investment concept -  Image credit: THANANIT | stock.adobe.com
Pharmacist helping patient use glucose monitor -- Image credit: Kalyakan | stock.adobe.com
car t cell therapy multiple myeloma/Image Credit: © Lusi_mila - stock.adobe.com
Mid-section portrait of unrecognizable woman during last months of pregnancy holding her big belly gently standing against wall in blue room - Image credit: pressmaster | stock.adobe.com
Pride flags during pride event -- Image credit: ink drop | stock.adobe.com
Female Pharmacist Holding Tablet PC - Image credit: Tyler Olson | stock.adobe.com
pain management palliative care/Image Credits: © Aleksej - stock.adobe.com
© 2024 MJH Life Sciences

All rights reserved.