PHARMACY

Good Neighbor Pharmacy launches DIR fee estimator tool

BY David Salazar

VALLEY FORGE, Pa. — Good Neighbor Pharmacy on Friday announced a new tool for independent pharmacists designed to help them plan around direct and indirect remuneration, or DIR, fees and hidden cash flow issues surrounding them.

“For more than 30 years, we have found our greatest successes when we listen to our pharmacists and develop solutions that address the most complicated challenges they face every day,” AmerisourceBergen group VP pharmacy innovation and solutions Chuck Reed said. “Inconsistency and opacity in how DIR fees are calculated and the delayed timing of DIR fees is a major pain point for pharmacists.”

The new tool is available to members of AmerisourceBergen’s pharmacy services administrative organization, Elevate Provider Network, who take advantage of its advanced features. The DIR fee estimator tool uses real-time claim-level detail alongside DIR rates from signed contracts between the PSAO and pharmacy benefits managers. The tool is updated every two hours to ensure the most accurate information is available for pharmacists planning around their monthly fees.

“Our DIR fee estimator tool was created to empower them to plan ahead, give [pharmacists] visibility into the process and ultimately set them up for a more successful business,” Reed said.

The company said that the estimator tool is part of its larger efforts to manage the impact that DIR fees have on independent pharmacies, including work through Elevate Provider Network’s approach to managed care contracting and selectively participating in preferred cost-sharing networks. The company also advocates on behalf of independent and managed-care pharmacies on legislative issues, and has a resource site for pharmacists, OurIndependentVoice.com.
 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

FDA approves Janssen’s plaque psoriasis drug Tremfya

BY David Salazar

SILVER SPRING, Md. — The Food and Drug Adminisration has approved Janssen Biotech’s new treatment for plaque psoriasis, the company announced Thursday. Tremfya (guselkumab) is the first drug to be approved that selectively blocks a key plaque psoriasis cytokine, the company said.

“Addressing the need for additional safe and effective plaque psoriasis therapies has been a critical area of focus at Janssen for more than 15 years,” Janseen VP medical affairs Dr. Andrew Greenspan said. “Considering this, we applied a priority review voucher to the application for Tremfya to bring this novel treatment to patients sooner.”

The drug is indicated for moderate to severe plaque psoriasis patients who are candidates for systemic therapy or phototherapy.

"Living with plaque psoriasis is challenging, especially the constant pain, itching and burning," said Patti Janick, a guselkumab clinical trial participant. "I am encouraged by the results I've experienced with TREMFYA™ and the possibility it offers others living with plaque psoriasis to find similar relief and clearer skin."

Janssen said it would work with payers, providers and pharmacy benefits managers to ensure broad accessibility and affordability for patients, and that the cost for payers is competitive with currently available psoriasis biologic treatments.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon’s entry would shake up the most?
PHARMACY

PhRMA adds 2 VPs

BY David Salazar
WASHINGTON — The Pharmaceutical Research and Manufacturers of America this week announced two new additions to its ranks. The company has added Mike Hotra as VP of its public affairs team, and Ken McKay as VP state government affairs. 
 
Hotra joins PhRMA from APCO Worldwide, where he served as executive director and deputy managing director at its Washington office. He has previously worked as director of legislation and communication for the American Tort Reform Association. In his new role, he’ll oversee the strategy and day-to-day activities of PhRMA’s federal advocacy communications. 
 
McKay was most recently campaign manager for New Jersey Gov. Chris Christie’s presidential bid and then was political director of Rebuilding America Now. Before that, he was political director for the Republican Governor’s Association and was a senior advisor to U.S. Sen. Ron Johnson, R-Wis. In his role at PhRMA, McKay will work to enhance the execution of the organization’s state advocacy strategy on key issues. 
 

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon’s entry would shake up the most?