Challenges with pharmacy-hospice direct contracting
Pharmacies face significant challenges when contracting directly with hospices. Some of these include:
At end-of-life, the goal isn’t to treat illnesses. It is to make sure that the patient is comfortable and can have a dignified passing. With that being said, patients can often times be prescribed medications that just aren’t necessary. This is where medication utilization reviews come in handy! Let’s review the top 4 benefits.
Hospices can work with hospice-qualified pharmacists to work towards improving a patient's quality of life at end-of-life by deprescribing unnecessary medications.
By doing a medication utilization review, you can see trends with what medications are being ordered. This helps decrease excessive delivery costs and medication overstocks. Additionally, it can help to highlight high-volume ordering to improve symptom management.
As we covered earlier on, at end-of-life the goal isn’t to treat any conditions. It is simply to provide the patient more comfort. This means, eliminating any unnecessary medications, such as expensive (and ineffective) inhalers or compound medications. You’ll see a clearer picture on coverage on unrelated/inappropriate medications too.
Your staff will have better direction for educational topics for teams, tracking of antibiotic use as well as tracking Controlled Substances (CS) prescribing.
BetterRX provides you with real-time cost reporting, a dedicated utilization specialist and ordering habit insights.
Book a discovery call here to discuss the challenges unique to your hospice or get in touch with one of our specialists today!
About BetterRX
BetterRX's mission is to radically change patient care by ending medication delays that cause needless suffering. BetterRX offers efficient ordering technology, medication tracking, real-time PPD & cost alerts, and committed local pharmacies. Learn more about BetterRX, our CRX Platform, Better ePrescribe, and Pharmacy tools.
Pharmacies face significant challenges when contracting directly with hospices. Some of these include:
THE STORY This hospice partner has been a customer since February of 2021. They originally were looking for a new option due to the e-Prescribe...
Although PBMs aim to reduce medication costs for healthcare providers, CRX (or Connected RX Platform) was created to enhance the end-of-life journey...