nine ways community pharmacies have profitably implemented ... · nine ways community pharmacies...
TRANSCRIPT
9/17/2018
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Nine Ways Community Pharmacies Have Profitably Implemented
Enhanced Care ServicesNCPA 2018 Annual Convention
Bruce KneelandCommunity Pharmacy Specialist
Kneeland Services
9/17/2018
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Disclosure
Bruce Kneeland is a pharmacy industry consultant. The conflict of interest was resolved by peer review of the content.
Learning Objectives
• Review nine innovative patient care services being offered in community pharmacy and the impact they have on patients
• Discuss payment models for enhanced care at the pharmacy level
• Outline marketing best practices to attract new patients
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Introduction
The Road Trip Guy
The Light Bulb vs. Enhanced Patient Care
The Light Bulb Was Not An Instant Success
• Manufacture it• Power Generation• Hang Power Lines• Fight Gas/Oil Monopoly• Sell it
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Light Bulb vs. Enhanced Care
Light Bulb
• Need to create mfg. plant• Need to create power generator• Need to run power lines• Battle of the Currents• Monopoly of Oil Companies• Need to win over customers
Enhanced Patient Care• Need to modify workflow • Need to create network• Need to find payers• Fend of power of PBM’s• Need to win over regulators• Need to win over patients
Learning Objective #1
1. Enhanced Delivery2. Immunizations3. Medication Therapy Mgmnt4. Medication Synchronization5. Adherence Packaging6. Medicare Plan Selection7. Point‐of‐Care Testing8. Nutrition9. eCare Capability
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If You Don’t Do It, Others Will Are
Social Determinants
Enhanced Delivery
The Competitive Landscape is Changing.
What is your delivery competitive advantage?
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Enhanced Delivery
Hint – It cost One Billion Dollars
PillPack – A Paradigm Changer
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Enhanced Delivery
Things To Ponder…• Dress Code• Mobile Tablet• Routing Service• Delivery Area• Ad on Sales• Gather Info • Signed delivery car• Scheduled or On‐Demand• Enrolled in Program• Free or Modest Charge
Immunizations
• 1 out of 4 vaccines are given by a pharmacist
• 62% of patients prefer vaccines to be administered by pharmacists
• 89% of patients think it is important to get vaccinated for shingles
• Most pharmacies miss 70% of their vaccination revenue opportunities
• Year‐round vaccinations could earn your pharmacy an extra $38k per year
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Immunizations
Immunizations
• Going for the double play• Using the Immunization Information System ‐ IIS
• Flu and Pneumococcal • 2017 Figures• 800,000 identified• 200,000 delivered
Chain Drug Review July 9, 2018
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Immunizations
Pharmacy Delivered Influenza
2007 3,200,00
2017 20,000,000
Increase in adult influenza immunizations only…… 0.9%
Chain Drug Review July 9, 2018
Medication Therapy Management
• Pilot Project with Physician Group
• Complete med review• Capture lab tests• Document interventions• Tracking hard costs and savings• Creating plan in eCare software
Medicap PharmacyDes Moines, IO
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Medication Therapy Management
• Member CCNC• Medicaid pays• Telephone calls• Home visits• Creates eCare Plan• Bills electronically• Provides to non‐customers • Avg. 15 minutes per patient
Medicine Park PharmacySanford, NC
Medication Therapy Management
Your Turn…..
• Who’s Doing It• Why• How• Does it Pay?• Advice for others
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Medication Synchronization
Part of NCPA Pilot
• First to get to 1000 patients• 28 day cycle• Makes personal phone calls
Caldwell PharmacyWynne, AR
Medication Synchronization
• Started Auto fill – too many return to stock
• Paper based MedSync – grew to 100• PMS based system – grew to 300• Upgraded Technology – now 650• Simplifies workflow after 100 patients• Improves adherence• Cuts costs on deliveries
Palace DrugCanon City, CO
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Medication Synchronization
• Sell it• Brochures• Window Banners• Trained Personnel• Modest Charge• Think of Family
Caregivers• Special Packaging
Adherence
• 5 STAR Rating• Pharmacist sits with every patient• Has his back to patient until ready to talk
• MedSync offered• Adherence packaging offered
Harry’s PharmacyCarey, OH
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Adherence
46% 1 Pharmacy35% 2 Pharmacies20% 3 or more
55% Have scripts filled in two or more pharmacies filled
elsewhere
El Dorado DrugEl Dorado, KS
Source: Boehringer Ingelheim 2016 Pharmacy Satisfaction Report
N=32,669 people
Adherence
• 40 + million unpaid caregivers• $43 Billion Market place• 80% Out of pocket• Private companies entering the marketplace• Home visits• Meals• Bathing/toileting
Missing Medication Mgmt.
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Adherence
Baby Boomers1947 3,900,000
Babies2015 4,000,000
Whaley’s PharmacyJefferson City, MO
Medicare Part D Plan Selection
Top Line Numbers• 41 Million People On a Plan• 60% Part D;• 40% Advantage• Average cost: $39.21 per month• Avg. enrollee has choice of;
• 26 Part D Plans• 16 Advantage Plans
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Medicare Part D Plan Selection
Report Card for a 39 store group
• 1,753 plan reviews• 81 win‐backs• 61 new customers• Plans selected saved patient $1,097
L & S PharmacyCharleston, MO
Medicare Part D Plan Selection
2017 Open Enrollment• 1500 Reviews • About 15 minutes• Owner does almost all of them• Anyone “First Time”• Only if Rx is in his system second time• Year Round Service For patients about to turn 65
• Service has become an “institution” in his marketEl Dorado Pharmacy
El Dorado, NE
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Point of Care Testing
California Certified Birth Control Prescriber
• Nominal Charge for visit• Collaborative Practice Agreement• Schedules Clinic online at: www.PharmacistClinic.com
• Brings in Contracted Pharmacist• Travel Vaccinations• Still does in‐house charge accounts
Point Loma PharmacyShelter Island, CA
Point of Care Testing
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Point of Care Testing
Todd Troxell, Trox Drug
• Cash Only • Privacy with insurance• Minimize side effects• More appropriate medication• Adjust dosage• Consult before and after
Point of Care Testing
Your Turn…
• Who’s Doing It• Why• How• Does it Pay?• Advice for others
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Nutrition
• AADE Certified• 12 month program• Able to Bill patients• Formal Class room • BC/BS now paying for Weight loss clinic• Diabetic shoes with toe filler service• Tracks in Pharmacist eCare software
Caldwell DrugWynne, AR
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Nutrition
• Begin by transforming from a product centered to patient focused practice
• Revenue comes from vitamin sales, in‐store testing, counseling fees
• Get your staff involved.• Start with depletions from prescriptions • Build relationships with physicians program• Always charge for every service you provide
Flower Mound PharmacyFlower Mound, TX
Nutrition
Your Turn……
• Who’s Doing It• Why• How• Does it Pay?• Advice for others
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Pharmacy eCare
Pharmacy eCare
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Pharmacy eCare
Your Turn…..
• Who’s Doing It• Why• How• Does it Pay?• Advice for others
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What Health Care Services Do People Pay For Out‐Of‐Pocket?
• Yoga• Massage• Diet• Fitness Club
?How About In Your Practice?
Which of these is not Marketing
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Marketing
Time To Hire Professional Help?
Marketing Best Practices
1. Have something good to say
1. Say it well2. Say it often3. Say it in the
right place
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What Is Marketing
The sum total of everything you do to attract, serve and retain patients. To include; advertising, customer service, curb appeal, product and service offering, pricing, hours of operation, etc.
Product
Price
Place
Promotion
Unique Selling Proposition
Position
The Marketing Mix
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Success Tip
Big, little, old, or new … Looks Matter, Neatness Counts
The Endor…
The Beginning?
You Decide!!!