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CARE Pharmacies joins NASP as founding corporate member

BY Michael Johnsen

TAMPA, Fla. — The National Association of Specialty Pharmacy on Tuesday announced that CARE Pharmacies has joined the association as a founding corporate member. The founding members represent all practice areas within the industry including specialty pharmacies, pharmaceutical companies, health care services, group purchasing organizations and manufacturers.  

“We are honored and excited to welcome the support from CARE Pharmacies as a founding member and their commitment to building an association that has a strong vision and an overall goal of bridging the gaps in our industry to improve patient outcomes,” stated Gary Cohen, NASP president. “We believe strongly collaboration is essential to address current challenges and identify opportunities for the future.” 

Recognized by the National Retail Federation as the 6th fastest growing retailer in the country for 2012, CARE has more than 85 locations in eight states including the District of Columbia.

“We are excited to join the National Association of Specialty Pharmacy in its mission to improve patient outcomes,” stated Mike Wysong, CEO for CARE Pharmacies. “Our strength in the specialty pharmacy space coupled with NASP’s desire to support specialty pharmacy through its professional certification programs made it a natural fit."

NASP, founded in 2012, represents specialty pharmacy professionals in all practice settings and highlights the value its members bring to patients and the healthcare system.  

 

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Competitive Promotion Report releases briefing on taking on big data

BY Alaric DeArment

MARIETTA, Ga. — Competitive Promotion Report is hoping to help consumer packaged goods manufacturers parse large and complex data sets in a new report.

CPR announced Wednesday the release of a business brief, "How Consumer Packaged Goods Manufacturers Can Unlock Big Data," explaining the types of data available to the CPG industry and a description of the company’s advanced analytics system, Integrated Data Management. CPG manufacturers in the health, beauty and wellness industry often receive data from a variety of sources. The brief is available on CPR’s website.

"Although managing big data is daunting, manufacturers have to address it sooner rather than later," CPR president and CEO Glen Davis said. "We have a proven process and approach to gathering disparate data and turning it into market intelligence so companies can make better-informed decisions."

The brief also provides information on how CPR Consulting Group can provide manufacturers with analytics or support in-house analysts. Organizations lacking the resources to contend with disparate data sources can minimize start-up costs and save time by partnering with the company, it said, touting its knowledge of the health, beauty and wellness industry.


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Closer collaboration between payers, physicians could reduce cancer care costs, studies find

BY Alaric DeArment

DUBLIN, Ohio — Healthcare company Cardinal Health has released a series of studies showing ways that it says could reduce the cost of treating cancer.

Cardinal Health Specialty Solutions and CareFirst BlueCross BlueShield started the studies in 2008, in which physicians in the CareFirst network collaborated to develop evidence-based treatment regimens — also known as clinical pathways — for breast, lung and colon cancers that maintained care quality, reduced costs and ensured fair compensation for doctors. According to Cardinal, cancer care costs could reach $170 billion by 2020.

According to the study, presented this month at the 49th annual meeting of the American Society of Clinical Oncology, collaboration between payers and physicians was a significant factor behind the success of the program, which reduced CareFirst’s overall costs by 15%, primarily through a 7% decline in emergency room visits, shorter lengths of hospital stays, increased use of generic drugs and more appropriate use of chemotherapy. While spending on drugs was reduced overall, reimbursements to physicians for drugs increased, as did reimbursement overall.

"These positive results prove that when implemented collaboratively with physician input and buy-in, our clinical pathways can create a new paradigm for the delivery of cancer care — one in which all stakeholders can win," Cardinal Health Specialty Solutions VP and chief medical officer Bruce Feinberg said.

 

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