Latest / Pharmacy Podcast Network / Asembia’s Specialty Pharmacy Summit 2026 Rewind | Part 1/6
Transcript
- 0:08Speaker 1: The Pharmacy Podcast Network would like to thank our sponsor
- 0:11Speaker 1: for supporting us at the twenty twenty six ASSEMBIA Summit.
- 0:14Speaker 1: Clearway Health is transforming specialty pharmacy for hospitals, health systems,
- 0:18Speaker 1: and the patients they serve. Clearway Health is more than
- 0:21Speaker 1: a specialty pharmacy partner. They're an extension of the care team,
- 0:24Speaker 1: working directly with hospitals and healthcare systems across the country.
- 0:28Speaker 1: Clearway helps plan, design, build and optimize specialty pharmacy programs
- 0:34Speaker 1: that improve access, reduce barriers, and deliver better outcomes for
- 0:38Speaker 1: patients with complex medical conditions. Through their embedded care model,
- 0:42Speaker 1: Clearway Health places pharmacists and patient liaisons directly into clinical workflows,
- 0:48Speaker 1: supporting providers with prior authorizations, financial assistance, coordination, and patient
- 0:53Speaker 1: education so care teams can focus on what matters most
- 0:56Speaker 1: the patient. Powered by advancing technology in real time data insights,
- 1:00Speaker 1: Clearway Health streamlines the entire medication journey from prescription to adherents,
- 1:05Speaker 1: ensuring patients receive the right medications at the right time.
- 1:09Speaker 1: Born out of Boston Medical Center Health System, Clearway Health
- 1:12Speaker 1: brings real world experience and proven results, helping health systems
- 1:17Speaker 1: unlock new revenue streams while expanding access to life changing
- 1:20Speaker 1: specialty medications. Clearway Health is leading the way and refining
- 1:24Speaker 1: specialty pharmacy where clinical excellence meets operational innovation. Learn more
- 1:29Speaker 1: at clearwayhealth dot com.
- 1:44Speaker 2: You are listening to the global network of podcasters dedicated
- 1:47Speaker 2: to the pharmacy profession. Welcome to the Pharmacy Podcast Network.
- 2:04Speaker 1: Each year, Assembia's Specialty Pharmacy Summit is at the epicenter
- 2:07Speaker 1: of the pharmacy industry, providing a unique opportunity for stakeholders
- 2:12Speaker 1: throughout the industry to understand challenges, generate solutions, and define
- 2:16Speaker 1: the future. This is the pharmacy podcast networks ASSEMBIA twenty
- 2:21Speaker 1: twenty six rewind. We're dedicated to bringing you inside coverage
- 2:27Speaker 1: of the pharmacy Nation's biggest events with on the street
- 2:30Speaker 1: style interviews with keynote speakers, attendees, exhibitors, and recurring guests
- 2:36Speaker 1: who make each year special. Stay tuned each week for
- 2:39Speaker 1: a new episode of this special six part series on
- 2:42Speaker 1: the ASSEMBIA twenty twenty sixth Summit, held this year in
- 2:45Speaker 1: Las Vegas. We'd like to start this episode by thanking
- 2:48Speaker 1: our sponsor, clear Way Health.
- 2:54Speaker 3: Allison been waiting for this interview.
- 2:57Speaker 4: For so long, since we had you on Twitter, I
- 3:00Speaker 4: wanted you face to face. It's so much better to
- 3:02Speaker 4: be in front of someone. Welcome to the Assembia Post Show.
- 3:06Speaker 5: Thank you so thrilled to be here.
- 3:07Speaker 4: Thanks for having me, Thanks for sponsoring our press coverage.
- 3:11Speaker 4: This is so important to get us here and to
- 3:13Speaker 4: be able to mingle with the super Bowl of specialty
- 3:17Speaker 4: pharmacy leaders and the innovation. Clearway Health is a huge
- 3:22Speaker 4: part of this. I was so excited that when we
- 3:24Speaker 4: did your twerks, we did an announcement of a press
- 3:27Speaker 4: release that came out within that same week, which was
- 3:30Speaker 4: just amazing. And your relationship with another health system, if
- 3:34Speaker 4: you've helped bring specialty pharmacy closer to their community. I
- 3:39Speaker 4: want us to dig a little deeper today. Before when
- 3:42Speaker 4: we were on twerks, we kind of just touched on it.
- 3:44Speaker 4: Let's break into how to impact a health system. A
- 3:48Speaker 4: hospital out there some part of the United States they
- 3:52Speaker 4: want to get into specialty.
- 3:54Speaker 3: They're overwhelmed.
- 3:55Speaker 4: Their whole team is like, holy Kyle, this is going
- 3:57Speaker 4: to be so expensive to do this by ourselves. Now,
- 4:00Speaker 4: clear Way Health steps in and says time out. We
- 4:03Speaker 4: know the standards, We know the accreditation, we know the tracks.
- 4:06Speaker 4: Talk to our listeners about that whole ecosystem of how
- 4:09Speaker 4: you bring that, how you bring that to life.
- 4:12Speaker 6: It's a lot to navigate. I think it's because the
- 4:14Speaker 6: ecosystem is so broad. There are so many different components
- 4:17Speaker 6: that are demanded to create a successful specialty pharmacy program.
- 4:22Speaker 6: And if you're a hospital, and no matter how big or
- 4:24Speaker 6: small you are, you can be a small community hospital,
- 4:28Speaker 6: a specialty hospital, you can be in a major urban
- 4:31Speaker 6: core setting, and still you have to have the same
- 4:34Speaker 6: level of expertise to create a strong program. And so
- 4:37Speaker 6: when you think about what's required, oftentimes people start with
- 4:40Speaker 6: the data, which is hard enough on its own to
- 4:42Speaker 6: harness the data to understand the total opportunity. But then
- 4:45Speaker 6: you take it and say, okay, now we know what
- 4:47Speaker 6: our opportunity is, but how do we capture it? Then
- 4:50Speaker 6: you think about how do we build a pharmacy, optimize it,
- 4:53Speaker 6: accredit it, how do we navigate limited distribution drugs, manufacture restrictions,
- 4:58Speaker 6: regulatory and compliance issues. So suddenly you have this need
- 5:02Speaker 6: for a small army of people who are very specialized
- 5:06Speaker 6: in many different areas. And oftentimes I think hospitals think
- 5:09Speaker 6: that it becomes either impossible or cost prohibitive. But when
- 5:13Speaker 6: you think about scale, how do you create compounding growth?
- 5:18Speaker 6: How do you start now to not lose time? And
- 5:20Speaker 6: then how do you pull in all of those experts
- 5:22Speaker 6: so you're not left posting two dozen job requisitions and
- 5:27Speaker 6: trying to hire for experts when you can really just
- 5:29Speaker 6: rely on a pool of experts who can help you
- 5:31Speaker 6: scale a little bit differently.
- 5:33Speaker 4: So, how has clear Way Health identified the geographics of
- 5:38Speaker 4: where is specialty missing inside a health system?
- 5:42Speaker 3: How do you guys determine that?
- 5:44Speaker 6: Yeah, so you know, hospitals have long had pharmacy only
- 5:49Speaker 6: as an inpatient setting, and so that is where most
- 5:53Speaker 6: people tend to focus. And so what we've started to
- 5:55Speaker 6: look at is there are still more than fifty percent
- 5:58Speaker 6: of hospitals across the US do you not have an
- 6:00Speaker 6: outpatient pharmacy? So they've relied on this long standing and
- 6:03Speaker 6: patient service line. And so where we start is to say,
- 6:08Speaker 6: do you have an outpatient pharmacy and if so, are
- 6:10Speaker 6: you providing specialty pharmacy services? And so that's kind of
- 6:13Speaker 6: the first step, and then the next step is kind
- 6:16Speaker 6: of this decision tree. Yes, you have one, and no
- 6:19Speaker 6: you're not providing specialty services, or no, you don't have
- 6:21Speaker 6: a pharmacy, and we have to help you figure out
- 6:23Speaker 6: how to do it. The good news is there is
- 6:25Speaker 6: a pathway for all of those. There is no right
- 6:27Speaker 6: or wrong answer. I would say the only wrong answer
- 6:30Speaker 6: is choosing not to do it right because there's just
- 6:32Speaker 6: incredible opportunity for people to choose to provide these services
- 6:36Speaker 6: to their community. But when we start down this path,
- 6:39Speaker 6: those are some of the criteria that we look at,
- 6:41Speaker 6: and then it helps to create the timeline. Oftentimes, there
- 6:45Speaker 6: are strategies that we can implement in between not having
- 6:48Speaker 6: a pharmacy and the opening of an outpatient or special
- 6:51Speaker 6: T pharmacy, and that allows us to do things like
- 6:54Speaker 6: perhaps alternate delivery models, relying or optimizing on contract pharmacy relationships,
- 7:00Speaker 6: helping to grow patient awareness provider awareness, so that when
- 7:04Speaker 6: the doors of that pharmacy open, it becomes a fast
- 7:08Speaker 6: track to growing a program because you already have educated patients,
- 7:12Speaker 6: providers and care teams who are expecting to provide a service.
- 7:14Speaker 5: So a lot of.
- 7:16Speaker 6: Different criteria that flow into it. But that's where we start.
- 7:19Speaker 4: Yeah, I'm thinking if I'm a CEO of a hospital,
- 7:23Speaker 4: and we know that we need this, We know that
- 7:26Speaker 4: our community needs this. To rely on someone that's done
- 7:30Speaker 4: it a hundred times with other health systems that bring
- 7:33Speaker 4: a level of comfort, and then I would want it
- 7:36Speaker 4: to be specific to.
- 7:38Speaker 3: My hospital system. So what Sharon like.
- 7:42Speaker 4: You don't have to give a certain name unless you
- 7:44Speaker 4: want to, But what's been a success story out there
- 7:46Speaker 4: that you've been really proud of.
- 7:49Speaker 6: I could spend dates, I could spend days, and it's
- 7:52Speaker 6: the best part of what we do getting to talk
- 7:54Speaker 6: about the success stories of hospitals. But you know, you
- 7:57Speaker 6: brought a good point, and I'll tell you a couple
- 7:59Speaker 6: of stories. That we have to have this standardized approach
- 8:02Speaker 6: because we know what works in specialty pharmacy. We are
- 8:06Speaker 6: the specialty pharmacy experts, and we know how to scale
- 8:09Speaker 6: successful programs for hospitals and health systems, and we know
- 8:12Speaker 6: how to localize it based on the needs of that
- 8:15Speaker 6: system or that community. There will always be factors that
- 8:19Speaker 6: require different attention to make sure that it's a successful
- 8:22Speaker 6: program for our partner, and when we do that, it
- 8:25Speaker 6: drives the successes that we see. So we can take
- 8:29Speaker 6: a couple of different pathways. We have had several different
- 8:32Speaker 6: hospitals who have had retail pharmacy chains. If you think
- 8:36Speaker 6: back over five or ten years, when hospitals were looking
- 8:40Speaker 6: to brand into the retail pharmacy space, didn't quite know
- 8:44Speaker 6: how to do it, and they looked to maybe some
- 8:46Speaker 6: of the big box or retail chains to help them out. Well,
- 8:49Speaker 6: ten years later, they've learned a lot and they have
- 8:51Speaker 6: the ability to provide that service on their own, which
- 8:53Speaker 6: provides care and a comfortable care setting and revenue margin
- 8:57Speaker 6: generation that they should keep branding.
- 9:00Speaker 3: Branding to the community part of it.
- 9:02Speaker 6: Absolutely, you create more touch points and access points to care,
- 9:05Speaker 6: and it accelerates the brand recognition and their ability to
- 9:08Speaker 6: capture more of their market share.
- 9:10Speaker 5: And so some of the success.
- 9:12Speaker 6: Stories are where we've had these exact conversations with clients
- 9:16Speaker 6: and hospitals and they've said, hey, we are very glad
- 9:19Speaker 6: to have been able to provide pharmacy services in our
- 9:22Speaker 6: retail setting, but we want our name on it. So
- 9:24Speaker 6: how do we do that? And so, you know, you
- 9:26Speaker 6: look at different organizations. I'll talk about two that are
- 9:30Speaker 6: in the children's hospital space. We have Children's National Hospital
- 9:34Speaker 6: in Washington, d c who serves the nation's children.
- 9:36Speaker 5: We have LORI Children's Hospital in Chicago.
- 9:39Speaker 6: Illinois, who are now looking to expand with their second
- 9:42Speaker 6: hospital location serving the Chicago Land area. And you look
- 9:45Speaker 6: at those successes and they are creating new access points
- 9:48Speaker 6: for patients and families they have never had before in
- 9:51Speaker 6: their markets. And so it's branding, Like you said, it's access,
- 9:56Speaker 6: but it's also the ability to provide a service that
- 9:58Speaker 6: they are the best equipped to provide to their patients.
- 10:02Speaker 6: Why would they look to anyone else to provide pharmacy
- 10:05Speaker 6: services to their patients and those families when they can
- 10:08Speaker 6: do it on their own.
- 10:09Speaker 4: When I think of Pittsburgh, Pennsylvania, I think of agah
- 10:13Speaker 4: Alighany Health General or Alleghany Health Network AHN, and then
- 10:19Speaker 4: upmc I. If I knew that I had a rare disease,
- 10:25Speaker 4: that I could trust one of those two organizations to
- 10:28Speaker 4: service my health, there's a level of comfort for me
- 10:31Speaker 4: than just going to someone that I wasn't recognizing or
- 10:35Speaker 4: something that's outside.
- 10:36Speaker 3: Of my community.
- 10:37Speaker 4: Being community there, we tend we're so busy today, we
- 10:42Speaker 4: have so much data, we have so many things going on.
- 10:45Speaker 4: We've gotten I think that we've gotten away from community.
- 10:50Speaker 4: Clearway Health embedding the best of the best practices brings
- 10:54Speaker 4: community back to healthcare. And I really like that about Clearway.
- 10:58Speaker 4: I've kind of stalked you guys since we started working
- 11:00Speaker 4: with you, and I've now found other things about what
- 11:04Speaker 4: you've done for empowering health systems and that ripples throughout
- 11:09Speaker 4: the entire community to develop more trust, to demystifying something
- 11:13Speaker 4: that's pretty scary for a family when they hear, hey,
- 11:16Speaker 4: mom has cancer and now what do we do? Oh,
- 11:20Speaker 4: don't worry upmc right in Pittsburgh has it covered and
- 11:24Speaker 4: they have no idea that Clearway might be behind the scenes,
- 11:28Speaker 4: but it is like that's an important part of health.
- 11:31Speaker 6: It is, and I appreciate you saying that and the
- 11:34Speaker 6: kind words about Clearway. And one of the things that
- 11:37Speaker 6: I think is the most unique and precious about the
- 11:40Speaker 6: work that we do is that we are the invisible
- 11:43Speaker 6: extension of a care team in a community.
- 11:46Speaker 5: And so if you think.
- 11:48Speaker 6: About the work that Clearway Health does when we partner
- 11:50Speaker 6: with a hospital or health system, we have two groups
- 11:53Speaker 6: of people that we deploy to do this really hard
- 11:56Speaker 6: and complex work. We have the on site team who
- 12:00Speaker 6: we hire that are pharmacists, leaders, clinical pharmacists, pharmacy, patient liaisons.
- 12:06Speaker 6: They are sitting inside of the outpatient specialty clinics, sitting
- 12:10Speaker 6: right beside the provider, the nurse, the MA and the
- 12:13Speaker 6: care team, and they look and feel just like the
- 12:17Speaker 6: hospital team members that are employed by that health system.
- 12:19Speaker 6: So they will often wear the same color scrubs. They
- 12:22Speaker 6: are badged to look like those other employees and team members,
- 12:26Speaker 6: and that's a critical part of our success.
- 12:28Speaker 5: But it also means that.
- 12:29Speaker 6: Is the highest level of trust that a hospital places
- 12:32Speaker 6: with Clearway Health to provide the service that is truly
- 12:36Speaker 6: an extension of their care team to serve their patients.
- 12:39Speaker 6: You then have the second group of people that we deploy,
- 12:41Speaker 6: who are the experts corporately who do all of that
- 12:44Speaker 6: work that we talked about a little bit ago, where
- 12:45Speaker 6: you have dozens of people that are required with different
- 12:48Speaker 6: skill sets, and it is impossible often for a hospital
- 12:52Speaker 6: to hire dozens of people with different skill sets to
- 12:56Speaker 6: meet the scale and the speed and the expertise that's
- 12:58Speaker 6: needed for a quality program. And so it is truly
- 13:02Speaker 6: an honor when hospitals and health systems choose Clearly Health
- 13:05Speaker 6: to be their specialty pharmacy partner because we become an
- 13:08Speaker 6: extension of their team into their community to care for
- 13:12Speaker 6: their patients. And there is no greater honor to do
- 13:14Speaker 6: the work that we do.
- 13:15Speaker 4: I see it in your eyes. That's why I like
- 13:17Speaker 4: being in front of you. This is a mission for you,
- 13:19Speaker 4: This is a mission for Clearway Health. I love being
- 13:22Speaker 4: an amplifier for this. Thank you so much for your
- 13:26Speaker 4: support at the ASSEMBIA twenty twenty six super Bowl, especially
- 13:29Speaker 4: pharmacy event, and thank you so much for this interview.
- 13:33Speaker 3: This has been great.
- 13:33Speaker 6: Thanks for having me, Thanks for being a voice for pharmacy.
- 13:39Speaker 4: Excessia Health is back on the ASSEMBIA twenty twenty six
- 13:44Speaker 4: coverage show. My friend Jennifer Noonan, It's so good to
- 13:47Speaker 4: see you.
- 13:48Speaker 5: Good to see you too, Todd.
- 13:49Speaker 4: It's been a while, I know, but we keep meeting
- 13:52Speaker 4: through the microphones, so we always meet over microphones.
- 13:55Speaker 3: Would you like to meet me over a microphone?
- 13:57Speaker 5: That sounds lovely?
- 13:59Speaker 4: A microphone, a mic, a microphone meeting. Hey, Eccessa Health
- 14:05Speaker 4: has been very busy. You show up at all the
- 14:08Speaker 4: right conferences. You show up at some conferences that are
- 14:10Speaker 4: outside of pharmacy that you should be getting the patient's
- 14:13Speaker 4: voice out there, advocacy of that patient's voice, health equity.
- 14:18Speaker 3: These are all fabric.
- 14:20Speaker 4: This is all part of the fibers of what builds
- 14:23Speaker 4: and what accessia is all about. Talk to us, our listeners,
- 14:27Speaker 4: share the updates on excess health and some of your successes.
- 14:32Speaker 7: Yeah, thanks Todd. First, for those that might be listening
- 14:35Speaker 7: that aren't familiar with excessia health, where are five to
- 14:38Speaker 7: oh one c three patient assistance organizations? So we can
- 14:42Speaker 7: help patients with cops but also a lot more than that. Now,
- 14:48Speaker 7: if you remember, back in twenty three, we updated our
- 14:52Speaker 7: model for patient assistance to be called your Assistance, Your Choice.
- 14:56Speaker 8: It allowed flexibility within.
- 14:58Speaker 7: The grants so that patients who might not need all
- 15:01Speaker 7: of that funding to go towards copay, but they really
- 15:04Speaker 7: needed assistance in say premiums, in order to have an
- 15:07Speaker 7: affordable copay, they didn't have to continue applying for separate
- 15:11Speaker 7: grants for those types of funding. Our grants are now
- 15:15Speaker 7: set up with one amount, and within that amount, a
- 15:18Speaker 7: patient can use their funding for copay, premiums, travel, or
- 15:24Speaker 7: even think about some durable medical equipments that patients require,
- 15:28Speaker 7: such as pulmonary fibrosis patients needing oxygen in order to
- 15:33Speaker 7: be able to leave their home to go to the
- 15:35Speaker 7: doctor's visits. So it really does all tie back to
- 15:38Speaker 7: patient's adherents. It removed that layer of burden to apply
- 15:44Speaker 7: again and again and again for different things, and they
- 15:47Speaker 7: might not even realize that they had options to apply
- 15:50Speaker 7: for those different opportunities. So we're just working hard at
- 15:53Speaker 7: educating our patients on how to spend their money, and
- 15:57Speaker 7: sometimes that means looking at ways to allocate money towards
- 16:00Speaker 7: one area they might not have realized so that they
- 16:03Speaker 7: can afford another area. And we also have started really
- 16:09Speaker 7: paying attention to what needs a patient might have outside
- 16:14Speaker 7: of just that direct treatment, because what we found was
- 16:17Speaker 7: that individuals who are hungry are unhoused, they're not really
- 16:22Speaker 7: able to think about a treatment much less try to
- 16:25Speaker 7: be adherent to it or find all the different pathways
- 16:28Speaker 7: they have to go through to get enough money to
- 16:31Speaker 7: pay for it.
- 16:33Speaker 4: Your team made an investment and took a trip Washington, DC.
- 16:38Speaker 4: Building more attention to the patient's voice. And we're all
- 16:44Speaker 4: so busy. I look at the hundreds thousands of people
- 16:48Speaker 4: that are here at ASSEMBIA. The patient sometimes gets left
- 16:52Speaker 4: out in some of the excitement.
- 16:54Speaker 3: I'm guilty of that where.
- 16:55Speaker 4: I love to talk to innovators and I get raped
- 17:00Speaker 4: up in the AI and I get wrapped up in
- 17:02Speaker 4: the technology, but then all of a sudden, there's the patient.
- 17:05Speaker 4: So you guys are the exact opposite. You're constantly bringing
- 17:09Speaker 4: light to the patient's story.
- 17:11Speaker 7: Yeah, that's very exciting for us this year to have
- 17:15Speaker 7: our first again in quite a few years. I think
- 17:18Speaker 7: it's been almost ten years since our organization was able
- 17:21Speaker 7: to gather together, take patients and staff together with HMC
- 17:29Speaker 7: to Washington, DC in person with several patients that are
- 17:33Speaker 7: either active on service or have used our services in
- 17:37Speaker 7: the past, to.
- 17:37Speaker 5: Tell their stories directly. I believe we had a total
- 17:40Speaker 5: of five groups.
- 17:42Speaker 7: One of those groups had a rare disease child with
- 17:45Speaker 7: them and it was a really good experience for him
- 17:49Speaker 7: for his mother to be able to sit in front
- 17:51Speaker 7: of legislators and tell them exactly how some of these
- 17:55Speaker 7: different impactful laws are keeping her from getting the appropriate
- 18:03Speaker 7: care for her child when he's sick, or being able
- 18:06Speaker 7: to afford his treatments when he needs to get them.
- 18:10Speaker 7: Then we followed that back up just a few weeks
- 18:12Speaker 7: ago with an all week advocacy week by phone, and
- 18:17Speaker 7: I was able to sit in on a few of
- 18:19Speaker 7: those calls and it was just great the energy that
- 18:22Speaker 7: you got to feel between say, these House representative speakers
- 18:27Speaker 7: who had never heard the story played out that way
- 18:31Speaker 7: from a real person, and it was absolutely changing in
- 18:36Speaker 7: his You could see he suddenly understood like something that
- 18:39Speaker 7: maybe before was just some data or figures turned into
- 18:43Speaker 7: a little boy instead of just something that was the
- 18:48Speaker 7: next law to look at and think about. So being
- 18:51Speaker 7: able to bring patients directly to Capitol Hill and tell
- 18:56Speaker 7: their story so that changes can be made and we
- 18:58Speaker 7: don't have to have one more patient that goes without treatment,
- 19:02Speaker 7: that is.
- 19:02Speaker 4: So powerful being here at a SMBIA. How how do
- 19:07Speaker 4: you get specialty pharmacies to plug into these programs? What
- 19:12Speaker 4: what systems are in place that you're like, hey, specially
- 19:16Speaker 4: pharmacy ABC.
- 19:18Speaker 3: Where access the of health?
- 19:19Speaker 4: Here's what we do, What's what's the process, what happens
- 19:23Speaker 4: at that point?
- 19:23Speaker 3: How do you get them? How do you get them
- 19:25Speaker 3: plugged in?
- 19:25Speaker 5: Yeah, that's a great question.
- 19:27Speaker 7: As you know, many access gaps are discovered in the
- 19:30Speaker 7: specialty pharmacy.
- 19:31Speaker 5: Patient maybe has.
- 19:33Speaker 7: Received a diagnosis, has a provider of care and they
- 19:36Speaker 7: now have a prescription if you will, of a treatment,
- 19:39Speaker 7: and then the sps are often the first ones that
- 19:42Speaker 7: find out that the patient has an access gap and
- 19:45Speaker 7: then have to try to lead them to that. So
- 19:48Speaker 7: what we do is try to network with any and
- 19:50Speaker 7: all specialty pharmacies and bring them into the network that
- 19:54Speaker 7: we know they're there, and then offer to provide education
- 19:58Speaker 7: around how to sign patients up or how to educate
- 20:02Speaker 7: patients to sign up for our grants. We're also working
- 20:05Speaker 7: on some systems internally right now to speed up that
- 20:09Speaker 7: part of the process for providers, because we recognize that
- 20:13Speaker 7: they are often one of the first entry points for
- 20:16Speaker 7: discovering a patient who has a need.
- 20:19Speaker 4: So what is your what is your shout out to
- 20:24Speaker 4: listeners who are didn't get to come to sembia their
- 20:28Speaker 4: in specialty. What are the steps that they can take
- 20:31Speaker 4: to learn more about excess Help but then also partner.
- 20:34Speaker 5: With you absolutely well.
- 20:36Speaker 7: First and foremost, just navigating to our website at excessia
- 20:40Speaker 7: health dot org and going directly to the program's page
- 20:44Speaker 7: is where anyone can see what actual programs we have
- 20:47Speaker 7: available for patients to sign up for. One big call out,
- 20:52Speaker 7: I always like to share that isn't necessarily true across
- 20:56Speaker 7: all of the organizations like mine, and so I just
- 20:59Speaker 7: want to make sure people understand that we have a
- 21:01Speaker 7: first come.
- 21:02Speaker 5: First serve weight list.
- 21:04Speaker 7: So if a program isn't fully open in green saying
- 21:08Speaker 7: that a patient could apply that day and be accepted
- 21:11Speaker 7: because there's no weightlist. If it says at capacity, that
- 21:15Speaker 7: means there's a wait list, but it could be only
- 21:17Speaker 7: one person, it could be five. And so I always
- 21:20Speaker 7: suggest that if someone thinks even that there's going to
- 21:24Speaker 7: be a need for a patient in specialty, we already
- 21:26Speaker 7: know there's delays that come with prior offs and where
- 21:30Speaker 7: are you going to get this and who's going to administer?
- 21:33Speaker 7: So in order to try to smooth that out a
- 21:36Speaker 7: little bit more, you know, we hope that they understand
- 21:39Speaker 7: to go ahead and apply. You can say no when
- 21:41Speaker 7: the money comes available if it's not a need any longer.
- 21:44Speaker 7: But if people don't get on the wait list, then
- 21:47Speaker 7: they'll never see that green light of you know, being
- 21:49Speaker 7: accepted into the program for evaluation.
- 21:53Speaker 4: Jennifer noonan patient of Advocate, Patient, Voice Protector and Support
- 22:00Speaker 4: or I've been very proud of your organization. It was
- 22:02Speaker 4: so much fun having you on the show, and I
- 22:05Speaker 4: appreciate your time here.
- 22:06Speaker 7: Thanks a bunch.
- 22:07Speaker 5: Sean Talksing.
- 22:11Speaker 9: Hi, this is a lead up Postelle with Cinewell, and
- 22:13Speaker 9: you're listening to the Pharmacy.
- 22:14Speaker 3: Podcast, Alida.
- 22:19Speaker 4: I don't want to like say I have favorites, but
- 22:22Speaker 4: I was really looking forward to this interview.
- 22:24Speaker 3: So thank you so much.
- 22:24Speaker 4: I know how busy you are, been tracking your career
- 22:28Speaker 4: now for five or six years, and just the passion
- 22:34Speaker 4: and the commitment and the team orientation, everything that you
- 22:40Speaker 4: get to be integrated into becomes better because you believe
- 22:46Speaker 4: in teams and you believe in building people.
- 22:48Speaker 3: So thanks for being here.
- 22:50Speaker 5: Thank you.
- 22:50Speaker 9: And I think you know this and I've shared this
- 22:52Speaker 9: with you. I am passionate about pharmacy. I'm passionate about healthcare.
- 22:56Speaker 9: I have my wise and it's really about helping people
- 22:59Speaker 9: a team their best health health outcomes. And then for
- 23:02Speaker 9: me personally too, with family members that have had those
- 23:06Speaker 9: life threatening illnesses. I've lost people to cancer, I've lost
- 23:10Speaker 9: friends to HIV.
- 23:12Speaker 5: I think I've shared that before.
- 23:13Speaker 9: So being able to be in a position to really
- 23:16Speaker 9: change the dynamics of how access is done, how we
- 23:20Speaker 9: can change our models. That is where I get really
- 23:23Speaker 9: excited and I love that I get to have a
- 23:26Speaker 9: career where I get to do great work.
- 23:28Speaker 4: Well, this is your first time back in the new
- 23:32Speaker 4: role that you're with with Center Well, talk to us
- 23:34Speaker 4: about your role and what you're doing at Center Row.
- 23:37Speaker 5: Yes.
- 23:38Speaker 9: So in my role, I'm leading growth for centerwal pharmacy business.
- 23:42Speaker 9: But we're doing some really great things with direct to
- 23:45Speaker 9: patient programs and direct to employer. One of the things
- 23:48Speaker 9: that we've been focusing on is how do we really
- 23:51Speaker 9: dive into transparency and what does that mean?
- 23:54Speaker 5: And then what are the tools.
- 23:55Speaker 9: That we can create to enable models from manufacturers to
- 23:58Speaker 9: continue to lower the price of drugs to get it
- 24:00Speaker 9: out to consumers. Jim Our CEO has talked about, you know,
- 24:05Speaker 9: our organization being a consumer driven healthcare organization and at CINAWHEL,
- 24:10Speaker 9: we have been living that our patients have to choose us,
- 24:13Speaker 9: so we listen to them, we understand their needs, whether
- 24:17Speaker 9: it's financial, our care needs. We are creating the right
- 24:20Speaker 9: space for them to be able to navigate their care
- 24:22Speaker 9: journey and that excites me.
- 24:24Speaker 4: Well, practicing what you preach I've looked up to over
- 24:27Speaker 4: the years because every time I see something on LinkedIn
- 24:30Speaker 4: post and I follow through it. I stalk you a
- 24:32Speaker 4: little bit, look up on Google what's going on. I
- 24:35Speaker 4: can find something else that's like, here's the outcome.
- 24:37Speaker 10: Of what you're what.
- 24:39Speaker 4: You're talking about, what you're posting about. So part of
- 24:42Speaker 4: that is coming together. At ACEMBIA, you were part of
- 24:47Speaker 4: a panel discussion that really digging down into what does
- 24:50Speaker 4: tran what does transparency truly mean for the end user,
- 24:54Speaker 4: which is our patients. It's the most important people in healthcare.
- 24:58Speaker 4: Talk to us about that panel you guys talked about.
- 25:01Speaker 9: Yes, So when you hear the word transparency, I think
- 25:05Speaker 9: one of the things that I shared was it really
- 25:07Speaker 9: means I want to know what I'm paying for. I
- 25:09Speaker 9: want to understand what may be hidden underneath. Make me
- 25:13Speaker 9: trust you, right, So let's have that conversation. So when
- 25:17Speaker 9: we were discussing on their panel, one of the things
- 25:19Speaker 9: that I felt was important is to me, transparency is
- 25:22Speaker 9: the entry fee. It's not the end right to really
- 25:26Speaker 9: be transparent. Are you willing and open to especially at
- 25:30Speaker 9: least talk from the angle PBM. Are you willing and
- 25:32Speaker 9: open to allow whoever your clients are that you're serving
- 25:36Speaker 9: to understand what they're paying for, what their fees are
- 25:38Speaker 9: audit with you, but also allow innovation. We also talked
- 25:42Speaker 9: about the employer perspective as well. I don't think that
- 25:46Speaker 9: employers are against innovation, they're against volatility. So from their standpoint,
- 25:51Speaker 9: they want to be able to offer life saving therapies
- 25:56Speaker 9: to their employees, but they also need to be able
- 25:59Speaker 9: to predict what that will cost, right, and so how
- 26:02Speaker 9: do you balance that in a real transparent model is
- 26:05Speaker 9: some of the themes that we.
- 26:06Speaker 5: Were talking about. We also talked about policy.
- 26:08Speaker 9: I think you have been following policy a lot, and
- 26:11Speaker 9: I know that you're a huge advocate for doing the
- 26:14Speaker 9: right things, and so as we look at policy shifts
- 26:17Speaker 9: and some of the changes there, we had another panel
- 26:19Speaker 9: where we discussed that and talked about what do we
- 26:21Speaker 9: need to do, you know, in the private market to really,
- 26:25Speaker 9: you know, meet the changes that are coming with some
- 26:27Speaker 9: of the policy things that we see.
- 26:29Speaker 4: Yeah, and talk to us about how you guys are
- 26:32Speaker 4: paying attention to what's really working. One of the things
- 26:35Speaker 4: that is shaking up the market is mark Cuban costs
- 26:39Speaker 4: plus drugs and how there's a flat fee on top
- 26:43Speaker 4: of you know, the cost of the product, and it
- 26:48Speaker 4: simplifies it. So the consumers like, wow, it's that easy.
- 26:52Speaker 4: I've seen comments and in Mark Cuban has been interviewed
- 26:57Speaker 4: doctor Alex who runs that organization. He's also said it
- 27:02Speaker 4: the people will comment, I almost don't trust this because
- 27:06Speaker 4: it's so simple, but it's such a low cost, Like
- 27:08Speaker 4: why not trust it?
- 27:09Speaker 3: And it is. It's simplifying this.
- 27:11Speaker 4: This is getting away from four different rebate systems or
- 27:16Speaker 4: this formulay or this situation. And and then that demystification
- 27:20Speaker 4: builds trust because the transparency that there, you know, it
- 27:25Speaker 4: pulls away that I'm not mysteriously wondering why is this
- 27:29Speaker 4: medication so expensive? Now it's so I think that that's important.
- 27:34Speaker 4: What do you see in the evolution of You've been
- 27:36Speaker 4: around long enough to see it where it was, how
- 27:39Speaker 4: bad it got, and now all of a sudden, I
- 27:41Speaker 4: feel like we're I feel like there's light now that
- 27:43Speaker 4: we're seeing at the end of this tunnel.
- 27:45Speaker 5: Yeah.
- 27:46Speaker 9: So I actually had on one of my panels, Paul
- 27:49Speaker 9: Vasquez from Costlus Drugs joined us, and the importance of
- 27:52Speaker 9: having him on was because Mark Cuban such an innovator,
- 27:57Speaker 9: a disruptor. So going back to one of the first
- 27:59Speaker 9: things you said, you see on his website, it's simple,
- 28:01Speaker 9: it's clear, you know what you're paying for. Again, one
- 28:04Speaker 9: of the definitions the foundation of transparency, really understanding what
- 28:08Speaker 9: this means. And so I think he has done a
- 28:11Speaker 9: really great job of shifting and making things more visible.
- 28:15Speaker 5: Right.
- 28:16Speaker 9: You have someone with his platform that is bringing to
- 28:18Speaker 9: light issues within healthcare.
- 28:21Speaker 5: So for us is how do you respond to that? Right?
- 28:24Speaker 5: And then the other thing.
- 28:25Speaker 9: That I really appreciate about the cost Plus team is
- 28:29Speaker 9: their innovation, and so part of our partnership with them
- 28:32Speaker 9: is that their technology is swift Rx, which will enable things
- 28:35Speaker 9: for us automated leveraging AI to really remove some of
- 28:40Speaker 9: the non value added processes of workflows and the systems
- 28:45Speaker 9: that attributes to costs. And so our I think, you know,
- 28:49Speaker 9: when you look at the model, and to end, it's
- 28:52Speaker 9: finding like partners like the cost Plus Team, manufacturers, employers
- 28:57Speaker 9: that are willing to come together and really have the
- 29:00Speaker 9: hard conversations to say, all right, we need to redesign
- 29:03Speaker 9: this model. It's not working. You know, it's been built
- 29:06Speaker 9: decades ago, but we have new therapies that are now
- 29:09Speaker 9: coming on that is forcing us to rethink how we
- 29:13Speaker 9: deliver care, right, and we know DLP ones. You think
- 29:16Speaker 9: about that, right, and how that has really exploded and
- 29:19Speaker 9: consumers are saying, I want this therapy, give it to
- 29:23Speaker 9: me and the way that I need to receive it.
- 29:25Speaker 9: And so now we're forced to provide choice. And that's
- 29:28Speaker 9: why you have partners like cost Plus Drugs that will
- 29:31Speaker 9: work with you to be able to enable those things.
- 29:33Speaker 4: All right, let's talk about the knife edge of direct
- 29:36Speaker 4: to consumer. And when I say knife edge.
- 29:39Speaker 11: I mean.
- 29:41Speaker 4: Losing the physician communication and the pharmacist communication and the
- 29:47Speaker 4: pharmacist touch for convenience. Where's the balance in direct to
- 29:53Speaker 4: consumer when it's becoming so popular and there's definitely transparency
- 30:00Speaker 4: and there's definitely cost savings in it because you're eliminating
- 30:04Speaker 4: middlemen and middle people and middle organizations. Talk to us
- 30:08Speaker 4: in your opinion of direct to consumer, how we keep
- 30:11Speaker 4: the patient safe, how we keep them engaged in communicating
- 30:14Speaker 4: with their providers, but making it more direct to the consumer.
- 30:20Speaker 9: Yeah, so hard, It is hard, but I will I'm
- 30:22Speaker 9: going to talk to you from our angle.
- 30:24Speaker 5: Right.
- 30:25Speaker 9: The role of the pharmacist is important and so at Cinerwell,
- 30:29Speaker 9: when we're doing so We have our Noblecare program, so
- 30:33Speaker 9: I'll share with you how that goes. The prescriber has
- 30:37Speaker 9: the authority to write the script into us. Once they
- 30:40Speaker 9: write that script and it comes into the pharmacy, the
- 30:42Speaker 9: pharmacy is doing what they do every single day. And
- 30:44Speaker 9: you know how passionate I am about pharmacists. So they're
- 30:48Speaker 9: providing clinical care. They're talking to the patient about their nutrition,
- 30:52Speaker 9: they're making sure that they're adherent, they're talking to them
- 30:54Speaker 9: about their side effects that can't be lost. They still
- 30:57Speaker 9: need their pharmacists in that journey. I think you and
- 31:00Speaker 9: I both know how many times a patient actually sees
- 31:03Speaker 9: their pharmacists versus their doctors. So that relationship continues, and
- 31:07Speaker 9: so in our model, the pharmacist is very well engaged.
- 31:10Speaker 9: I will also say we have nurses that could talk
- 31:12Speaker 9: about their overall condition. Sometimes it's not about just their obesity.
- 31:16Speaker 9: You have to think about the comabidities that they have
- 31:18Speaker 9: as well, and so I think that is really important
- 31:20Speaker 9: in the consumer model as well.
- 31:22Speaker 5: It can't just be an AI driven workflow.
- 31:26Speaker 9: You still need some sort of touch and you still
- 31:28Speaker 9: need to be able to deliver care in the way
- 31:30Speaker 9: that the patient needs. Some are more savvy and maybe
- 31:32Speaker 9: that works for them and they don't want all of
- 31:34Speaker 9: that conversation and others do, right, and they started the
- 31:37Speaker 9: therapy for a reason, and so how do you make
- 31:40Speaker 9: sure that they're successful and get the outcomes that they're
- 31:42Speaker 9: looking for. And that's where those clinical programs still play
- 31:45Speaker 9: a part.
- 31:46Speaker 4: Leader post Tel Center, Well, congratulations by the way, and
- 31:50Speaker 4: promise you're going to come back to send me a
- 31:52Speaker 4: twenty twenty seven on the show I will you know?
- 31:54Speaker 5: I love you Todd, love to.
- 31:56Speaker 11: See you back, all right, see it.
- 31:59Speaker 1: We'd like to thank our podcast press sponsor Paragon three
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- 32:08Speaker 1: sixty is an independent specialty pharmacy focused on patients with
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- 32:35Speaker 1: and adherence programs, Paragon provides real time insights into patient progress,
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- 33:05Speaker 1: what it means to support patients with complex conditions. As
- 33:08Speaker 1: we head into ASSEMBIA twenty twenty six, Paragon is helping
- 33:11Speaker 1: shape the future of specialty pharmacy, one patient at a time.
- 33:15Speaker 1: To learn more, visit Paragonpharmacy dot org.
- 33:33Speaker 12: Hey, this is Derek Dennis with Clearway Health and you're
- 33:35Speaker 12: listening to the Pharmacy Podcast.
- 33:40Speaker 4: Derek, Welcome to the coverage of the ASSEMBIA twenty twenty
- 33:44Speaker 4: six Specialty Pharmacy event. This is the super Bowl of
- 33:47Speaker 4: specialty pharmacy. It's my favorite event in specialty. I'm excited
- 33:52Speaker 4: that you're here. Welcome to the show.
- 33:54Speaker 11: Yeah, I appreciate that.
- 33:55Speaker 12: Very excited to be here and talk about some of
- 33:57Speaker 12: the you know, the great things we have going on
- 33:58Speaker 12: at Clearway Health, So yeah, appreciate the time.
- 34:01Speaker 4: Something that's special to us is Clearway Health has helped
- 34:05Speaker 4: us with our sponsorship for pressing pushing out our press conference,
- 34:10Speaker 4: and we are focused on three specific segments and one
- 34:14Speaker 4: of those is women's health, and I kind of want
- 34:16Speaker 4: to talk to you about women's health and different facets
- 34:19Speaker 4: of focus that Clearway Health has dug into and you've
- 34:24Speaker 4: really made an impact, So tell our listeners about that.
- 34:28Speaker 12: You know, women's health within specialty pharmacy offers you know,
- 34:32Speaker 12: great opportunity to impact people. One of the areas specifically
- 34:37Speaker 12: that we've had some strong success and improving the way
- 34:40Speaker 12: that you know, women receive healthcare is in the reproductive
- 34:43Speaker 12: health space. You know, if we have time, we could
- 34:46Speaker 12: possibly talk a little bit about rheumatology and some other
- 34:49Speaker 12: other areas where there's a disproportionate impact on women, but
- 34:52Speaker 12: certainly we'd like to talk talk through some of the
- 34:54Speaker 12: reproductive health programs we've built out with our with our
- 34:56Speaker 12: clients across the country.
- 34:58Speaker 3: So let's dig into that.
- 35:00Speaker 4: From a specialty pharmacy perspective, how do we get more
- 35:05Speaker 4: women to pay attention to their health with these complex
- 35:09Speaker 4: therapies that are in place, and then marry that with
- 35:12Speaker 4: an ecosystem that surrounds them and supports them and keeps
- 35:16Speaker 4: them adherent. Like, talk to us about those experiences based
- 35:19Speaker 4: on what Clearway Health has helped in.
- 35:21Speaker 12: Right, I think, you know, the complexity of care first
- 35:25Speaker 12: of all, is one of the barriers. And putting together
- 35:29Speaker 12: a program where you have specific support people that are
- 35:32Speaker 12: connected to the clinics, connected to the pharmacies to reduce
- 35:36Speaker 12: that mary is really important.
- 35:38Speaker 11: And I'll give an example.
- 35:39Speaker 12: You know, when we were looking at reproductive health and
- 35:43Speaker 12: how do we help more women and more families, you know,
- 35:46Speaker 12: achieve success in that area, we found that there were
- 35:50Speaker 12: gaps in how the folks in the clinic were able
- 35:54Speaker 12: to communicate with the pharmacy and meet very specific timing
- 35:57Speaker 12: that that's related to IVF and those types of procedures
- 36:01Speaker 12: and so kind of our first entry into that was
- 36:05Speaker 12: around cost. Those are very expensive you know, therapy sometimes
- 36:09Speaker 12: up to twenty five thirty thousand dollars. Coverage is very
- 36:13Speaker 12: limited or mixed across the board, and so we started
- 36:16Speaker 12: with some some liaisons and folks to help specifically with
- 36:20Speaker 12: with cost and access to drugs, and that was one
- 36:23Speaker 12: of the first steps helped a lot. It was broke
- 36:25Speaker 12: down sort of the ways that these patients can go
- 36:28Speaker 12: about getting their medications, specific pharmacies that they need to
- 36:32Speaker 12: interact with, specific foundations and coverage help in that way,
- 36:35Speaker 12: and so that was the first step we took. That
- 36:40Speaker 12: in as ofsult was very successful. You know, I think
- 36:42Speaker 12: one of our clients we saw in the first four
- 36:44Speaker 12: to five months almost close to half a million dollars
- 36:46Speaker 12: in savings for patients, which is just unreal because, you know,
- 36:49Speaker 12: for folks that are going through this very emotional sort
- 36:54Speaker 12: of journey in an effort to have a child, cost
- 36:57Speaker 12: is the last thing that you want kind of adding
- 36:59Speaker 12: to that wit.
- 37:00Speaker 11: And so some great success.
- 37:02Speaker 3: There that is awesome to you.
- 37:04Speaker 10: Here.
- 37:04Speaker 4: I've also understood that your support of health systems and
- 37:09Speaker 4: hospitals that don't want to get into it all by themselves,
- 37:13Speaker 4: you've really removed the barriers to becoming a specialty pharmacy
- 37:19Speaker 4: outlet for that community, and you've had some success stories recently.
- 37:23Speaker 4: How does that play into women's health as well?
- 37:26Speaker 11: Yeah?
- 37:26Speaker 12: Absolutely. You know, our partners when we joined with them,
- 37:30Speaker 12: they're at all the various stages of ability to offer
- 37:33Speaker 12: some specialty pharmacy services. In some cases, they may not
- 37:37Speaker 12: even have a specialty pharmacy they need support around building that.
- 37:40Speaker 12: In other cases, they may have started that journey but
- 37:43Speaker 12: are having trouble connecting the clinical work and the clinic
- 37:47Speaker 12: teams to kind of growing those specialty pharmacy programs. And
- 37:52Speaker 12: I'll continue on this path of Like reproductive health, that
- 37:54Speaker 12: was one of them.
- 37:55Speaker 11: We were with a client that had begun the journal and.
- 38:00Speaker 12: Specialty pharmacy, but they were focused obviously on the oncology.
- 38:03Speaker 11: Space and some of those areas that are maybe a.
- 38:05Speaker 12: Bit more common. But we saw this opportunity in the
- 38:10Speaker 12: reproductive health clinic. They were using all pharmacies outside of
- 38:14Speaker 12: the health system, yet they had the opportunity to bring
- 38:17Speaker 12: that under that same roof. And so with the liaison
- 38:20Speaker 12: placement and then we follow that up with clinical pharmacists
- 38:23Speaker 12: in that clinic, we were able to move most of
- 38:25Speaker 12: that support in house.
- 38:27Speaker 11: At this at this particular hospital.
- 38:29Speaker 12: And if you're familiar at all with these therapies, timing
- 38:34Speaker 12: is so important. Patients are coming in, you know, throughout
- 38:37Speaker 12: the week for ultrasounds and lab work and all of
- 38:41Speaker 12: that really indicates when they take specific parts of these medications.
- 38:46Speaker 11: It's very complicated.
- 38:47Speaker 12: There's injectables involved, and for a lot of patients that
- 38:50Speaker 12: can be you know, intimidating. But having the clinical pharmacist
- 38:54Speaker 12: lead that care journey in terms of medication administration really
- 38:59Speaker 12: broke down that barrier and we saw that patients wanted
- 39:02Speaker 12: to use the specialty pharmacy that was local with people
- 39:05Speaker 12: that they had met in the clinic and had talked
- 39:07Speaker 12: to about their you know, their goals of having a
- 39:11Speaker 12: family and and really that that's been a you know,
- 39:14Speaker 12: it's a great example of a unique way that this
- 39:17Speaker 12: is impacting women's health.
- 39:19Speaker 11: With some of our.
- 39:19Speaker 4: Partners, Why is the clear Way Health team invested in
- 39:25Speaker 4: coming to ASSEMBIA? What is it about this conference that
- 39:28Speaker 4: draws you and your consultant team in? Oh?
- 39:30Speaker 12: Yeah, you know, SMBIA is a great conference, great, great
- 39:34Speaker 12: place to meet a network with a lot of the
- 39:36Speaker 12: folks that are players in this industry. You know, I
- 39:40Speaker 12: tended a couple of sessions yesterday. It's always good to
- 39:43Speaker 12: hear the different points of view because you know, if
- 39:45Speaker 12: there's one word to describe specialty pharmacy, it's complex, and
- 39:50Speaker 12: if you're not staying current on what all those drivers
- 39:52Speaker 12: are related to these programs and the opportunity their help
- 39:57Speaker 12: providers with issues that they have, or it's pay your
- 40:00Speaker 12: access or you know, it's the manufacturer relationships to make
- 40:03Speaker 12: sure that again, in the best scenario, our partners at
- 40:08Speaker 12: these hospitals can take care of as many of their
- 40:10Speaker 12: patients from like start to finish, you know, getting those
- 40:13Speaker 12: medications in hand and seeing those great outcomes.
- 40:15Speaker 11: That's sort of the draw on.
- 40:16Speaker 12: A Cindia just to stay connected see the various the
- 40:19Speaker 12: vendors and the folks leading the way in this in
- 40:22Speaker 12: specialty pharmacy.
- 40:23Speaker 4: Derek, this has been a special opportunity to work with you.
- 40:26Speaker 4: Thank you so much for being on the Assembia twenty
- 40:29Speaker 4: twenty six post show.
- 40:30Speaker 11: Awesome, thanks, I appreciate the time.
- 40:35Speaker 13: Hey, this is doctor schavap Parani, chief clinical officer for
- 40:37Speaker 13: Well Just six Health and you are listening to the
- 40:39Speaker 13: Pharmacy podcast.
- 40:43Speaker 11: Chabad.
- 40:44Speaker 4: It is so good to see you. Assembia twenty twenty six.
- 40:47Speaker 13: Absolutely, Todd, Absolutely, I know we've been coming to these
- 40:50Speaker 13: these shows and for quite a few years, and you know,
- 40:54Speaker 13: it's really great bringing all of these different stakeholders together.
- 40:57Speaker 13: It's been a phenomenal show so far and really energized
- 41:00Speaker 13: and excited about where the industry is moving towards.
- 41:03Speaker 3: Is this where we met. Did we meet at ASSEMBIA
- 41:05Speaker 3: years ago?
- 41:06Speaker 10: I think so. I want to say maybe six to
- 41:08Speaker 10: seven assembias.
- 41:08Speaker 13: No, or it might have even been at a different
- 41:11Speaker 13: trade show, but most likely it was Ascendia.
- 41:13Speaker 3: Yeah, Assembia.
- 41:14Speaker 4: The whole wording I remember when they did the reband
- 41:17Speaker 4: It's about assembling a whole bunch of people together who
- 41:21Speaker 4: are passionate and focused on elevating patient care through specialty
- 41:25Speaker 4: pharmacy services. That has been the mission of Wellgistics over
- 41:31Speaker 4: so many different parts of pharmacy, not just specialty. Logistics
- 41:36Speaker 4: has a strength as independent pharmacy partners, long term care,
- 41:41Speaker 4: now specialty. But you started out as a very aggressive
- 41:46Speaker 4: secondary wholesaler, but.
- 41:47Speaker 3: Now that's not it anymore.
- 41:49Speaker 4: You guys are more of an infrastructure system, an ecosystem.
- 41:52Speaker 4: Talk to us about logistics and how we logistics has
- 41:56Speaker 4: really grown.
- 41:57Speaker 10: Yeah, absolutely, yeah, thank you for that.
- 41:59Speaker 13: You know we've again, yeah, we spun out of you know,
- 42:02Speaker 13: well Dying back in like twenty sixteen, twenty seventeen. People
- 42:05Speaker 13: know Wellgistics as you know, the secondary drug wholesale distributor.
- 42:09Speaker 10: Right with three PL capability.
- 42:10Speaker 13: You know, we've made some recent advancements into some coal chain,
- 42:13Speaker 13: but really kind of where we see the market going
- 42:16Speaker 13: and you know, the business model kind of evolving to
- 42:19Speaker 13: support you know, patient needs, pharma needs, payer needs and
- 42:24Speaker 13: pharmacy needs. Really right, is leveraging you know, technology solutions
- 42:29Speaker 13: to build more of an integrated healthcare ecosystem, right, And
- 42:33Speaker 13: so I think a lot of the buzz and traction
- 42:36Speaker 13: that you're really kind of seeing out of us now
- 42:38Speaker 13: is how can we implement technology solutions to be you know,
- 42:43Speaker 13: modular technology solutions to help kind of improve that access,
- 42:47Speaker 13: that affordability, and that transparency that the you know, the
- 42:50Speaker 13: industry is really really desperately looking for. So, you know,
- 42:53Speaker 13: we're pretty excited about kind of shifting the business model
- 42:57Speaker 13: distribution three PL. That will still be kind of you know,
- 43:00Speaker 13: part of it as we're supporting pharma brands, but it's
- 43:03Speaker 13: really going to be leaning into technology solutions and how
- 43:06Speaker 13: can we leverage that technology to drive value.
- 43:09Speaker 4: Well, I'm excited to announce on the show there are
- 43:12Speaker 4: three specific systems and approaches that Logistics has invested heavily
- 43:18Speaker 4: into and it's to fix a broken system where you know,
- 43:24Speaker 4: we have these distribution models and talk to us about
- 43:28Speaker 4: Einstein RX and hob our XAI and the integrated distribution
- 43:31Speaker 4: network that you guys have built.
- 43:33Speaker 11: Yeah.
- 43:33Speaker 13: Absolutely, So I'll kind of start off with the integrated
- 43:37Speaker 13: distribution network because that's what most people know logistics for.
- 43:40Speaker 13: So again, that wholesale network, you know, sixty five hundred
- 43:44Speaker 13: independent pharmacies, primarily independent pharmacies, you know, going to look
- 43:49Speaker 13: to start bringing in some grocery chains into that as well,
- 43:51Speaker 13: regional grocery chains. But that's really kind of the layer
- 43:54Speaker 13: right as we think about what's happening in the market.
- 43:57Speaker 10: You know, there's about.
- 43:58Speaker 13: Eight thousand pharmacies that have shut down the last five
- 44:00Speaker 13: six years, and really you know you're starting to have
- 44:04Speaker 13: the creation of pharmacy deserts, and you know, other organizations
- 44:08Speaker 13: do a really good job talking about all of that
- 44:10Speaker 13: and how there's you know, access related issues to just
- 44:14Speaker 13: even getting care. It's not just even the product side.
- 44:16Speaker 13: So really, when I think about kind of what we're
- 44:19Speaker 13: doing in some of these services and pieces you've brought up,
- 44:22Speaker 13: it's really kind of inter It's the intersection of this
- 44:25Speaker 13: physical and digital infrastructure.
- 44:27Speaker 10: That we're bringing.
- 44:28Speaker 13: So, you know, the backbone of logistics was kind of
- 44:30Speaker 13: like that physical infrastructure, and then these newer platforms that
- 44:35Speaker 13: we've kind of brought to the market. Einstein Rx and
- 44:38Speaker 13: hub our xai were very, very excited about unleashing the
- 44:41Speaker 13: full capabilities of those proprietary platforms. Einstein rx is kind
- 44:47Speaker 13: of like this intelligence layer. It's it takes a myriad
- 44:50Speaker 13: of different variables, analyzes it all together to you know,
- 44:54Speaker 13: drive routing smart routing capabilities, and then when you lay
- 45:00Speaker 13: in the hub our xai, which we've actually started using
- 45:03Speaker 13: this now in our distribution model, it's just amazing to
- 45:05Speaker 13: see all of the value you're able to unlock where
- 45:09Speaker 13: you know, you can now have these AI agents that
- 45:12Speaker 13: are making these outbound sales calls, so you start to
- 45:15Speaker 13: get so much more operational efficiency. But really hub rx
- 45:19Speaker 13: hub our xai will lean into bringing that into the
- 45:21Speaker 13: hub model. Right, So, how can we streamline you know,
- 45:24Speaker 13: patient follow ups, that engagement piece right, connecting with the
- 45:28Speaker 13: patient to make sure therapy initiation is done adequately, appropriately,
- 45:33Speaker 13: on time, right.
- 45:34Speaker 10: Reducing friction in the system.
- 45:36Speaker 13: How do we speed up prior authorizations right with the
- 45:39Speaker 13: use with the use of AI right, connecting upstream to
- 45:42Speaker 13: payers and to the PBMs, and so really we're really
- 45:46Speaker 13: really excited about, you know, bringing these technology solutions into
- 45:50Speaker 13: the fold and really creating this unified you know, healthcare ecosystem.
- 45:54Speaker 13: And last, but not least, I would just be remiss
- 45:57Speaker 13: to say to not include this at Einstein RX as
- 46:01Speaker 13: we start to kind of lean into some DTP and DTE, right,
- 46:05Speaker 13: we're really looking at analyzing claims data and being able
- 46:09Speaker 13: to say, hey, where are the opportunities that where we
- 46:12Speaker 13: can drive value right from a cost mitigation perspective, et cetera.
- 46:16Speaker 10: So it's it's.
- 46:18Speaker 13: Really it's an exciting time that we're in this age
- 46:22Speaker 13: of AI and how fast technology is changing. And so
- 46:25Speaker 13: you know, the future leaders of tomorrow, right, will be
- 46:28Speaker 13: the folks that are investing heavily into the space and
- 46:32Speaker 13: trying to drive value to all stakeholders in the in
- 46:35Speaker 13: the healthcare value chain.
- 46:37Speaker 4: You mentioned direct to direct patient access and how does
- 46:43Speaker 4: that fit in how does that fit into a logistics model?
- 46:46Speaker 13: Yeah, so I think you know, many of the you know,
- 46:50Speaker 13: many of the folks in the healthcare industry, specifically the
- 46:53Speaker 13: pharmaceutical manufacturers, right, they're seeing you know, issues with the
- 47:00Speaker 13: with their product being able to you know, receive the
- 47:02Speaker 13: appropriate formulary coverage really to get that market access. And
- 47:08Speaker 13: you know, when you bring a drug to the market,
- 47:10Speaker 13: you're investing ten to twelve billion dollars right on average,
- 47:14Speaker 13: and there's such a long lead time, right for the
- 47:16Speaker 13: development of these molecules and then going through phase one,
- 47:20Speaker 13: phase two, phase three, you know, clinical studies, and so
- 47:25Speaker 13: when you have issues with access, you know, that's particularly
- 47:30Speaker 13: problematic for pharmaceutical manufacturers. Right when there when there's rebates
- 47:35Speaker 13: of you know, fifty sixty seventy percent being given to
- 47:38Speaker 13: you know, some of the PBMs to get access to
- 47:40Speaker 13: the formulary. And then when you look at the traditional
- 47:43Speaker 13: you know, distribution models of of of how much goes
- 47:48Speaker 13: into being able to handle the logistics of all of that,
- 47:51Speaker 13: you know, there really isn't a lot of margin out there, right,
- 47:54Speaker 13: you know for people complemented with the access issues, that
- 47:57Speaker 13: creates a lot of problems and so really kind of
- 48:00Speaker 13: you know, what we're looking at from a direct to
- 48:02Speaker 13: patient lens is how can we operate in more of
- 48:06Speaker 13: a net net model, right, how can we help you
- 48:08Speaker 13: accelerate access to therapies for these folks that critically need it,
- 48:14Speaker 13: you know, much much much cleaner, much faster better, right
- 48:19Speaker 13: in terms of the engagement strategies with patients. And so
- 48:22Speaker 13: you'll see us continue to kind of lean in onto
- 48:25Speaker 13: this DTP with kind of the fulfillment capabilities that we
- 48:27Speaker 13: offer from a net model, but then also from the
- 48:30Speaker 13: technology solutions that we're bringing in, you know, to help
- 48:34Speaker 13: with the commercialization strategy.
- 48:36Speaker 4: All right, So this is just opinion, and I'd love
- 48:39Speaker 4: to hear from you on this, but eliminating steps, eliminating
- 48:44Speaker 4: parts in the process, definitely eliminating unnecessary middleman aka some
- 48:50Speaker 4: of the players in the PBM space who I'd love
- 48:54Speaker 4: to just completely gut out of it. But the direct
- 48:57Speaker 4: to patient, do you know? It concerns me. It makes
- 49:02Speaker 4: me think is there enough touch? Is there enough communication
- 49:06Speaker 4: happening with the pharmacists? Is there enough touch in communication
- 49:10Speaker 4: happening with our physicians who are becoming the specialist in
- 49:13Speaker 4: these disease states and looking to the pharmacists to execute
- 49:16Speaker 4: on the treatment and keep the patient engaged and asking
- 49:20Speaker 4: good questions. So is that a concern that you see
- 49:26Speaker 4: in place for the d TP model, like or am
- 49:30Speaker 4: I just being too worried about directed to patient No.
- 49:34Speaker 13: I think traditionally, I think it's a fair point. I
- 49:36Speaker 13: think traditionally, when you think of the prescription journey, right,
- 49:40Speaker 13: you know, that is kind of cumbersome.
- 49:41Speaker 10: There's a lot of steps involved in it, you know, from.
- 49:44Speaker 13: The eligibility perspective and trying to get a prior authorization,
- 49:48Speaker 13: the amount of time that it takes to get a
- 49:50Speaker 13: therapy kind of approved, or the step up in therapy,
- 49:53Speaker 13: and so there are a lot of steps that happen
- 49:55Speaker 13: in the system, and patients are often kind of confused, right,
- 49:59Speaker 13: and why why are their delays you know, in my treatment?
- 50:02Speaker 13: Why can I got why can I not get access
- 50:04Speaker 13: to this therapy? And so that causes a lot of
- 50:07Speaker 13: concern in the market because you know, then they call
- 50:09Speaker 13: their pharmacies, they're calling their physicians, you know, the advent
- 50:12Speaker 13: of telehealth, and when we think about the GPS, that's
- 50:15Speaker 13: been extremely disruptive right where you see you know, Novo
- 50:19Speaker 13: and Lily and now a plethora of other manufacturers looking
- 50:22Speaker 13: at more of these dtp DT models, right, And in
- 50:26Speaker 13: terms of trying to provide access, the role of the
- 50:29Speaker 13: provider and the role of the pharmacist fundamentally does not change.
- 50:35Speaker 13: In fact, I think it gets enhanced, right because now
- 50:39Speaker 13: instead of dealing with some of the administrative burden, you know,
- 50:43Speaker 13: the issues that are kind of blocking, you know, that
- 50:46Speaker 13: are basically kind of delaying the system a bit. Now
- 50:50Speaker 13: you're unlocking more time for that pharmacist to be able
- 50:53Speaker 13: to participate in their care. And with the newer models
- 50:58Speaker 13: right over on the horizon, when we think of like
- 51:00Speaker 13: RPM and RTM, which is not something that we're currently in,
- 51:04Speaker 13: but if you start to think about the market more generally,
- 51:08Speaker 13: you know, those create additional touch points and you're operating
- 51:12Speaker 13: more in kind of a direct model. So I'll argue that,
- 51:15Speaker 13: you know, there's a little bit of a trade off,
- 51:17Speaker 13: if you will, but I think it'll be much beneficial
- 51:20Speaker 13: for the system because as the consumer becomes more aware
- 51:24Speaker 13: and conscientious of their health decisions and wanting to be
- 51:28Speaker 13: more proactive versus reactive, there's a lot of opportunity there.
- 51:34Speaker 4: I want to just thank you Shavat for being part
- 51:38Speaker 4: of the Assembia twenty twenty sixth show. This has been
- 51:40Speaker 4: an important inclusion in our coverage.
- 51:45Speaker 3: Logistics is such.
- 51:46Speaker 4: An innovative company, You're never standing still. I got to
- 51:49Speaker 4: have you back on this week in Pharmacy and we
- 51:51Speaker 4: can dig into some of the future plans for logistics
- 51:54Speaker 4: and the impact that's going to have on our privately
- 51:56Speaker 4: owned pharmacies and the impact that's going to have on
- 51:58Speaker 4: specialty pharmacy care.
- 52:00Speaker 3: Thank you so much.
- 52:01Speaker 10: Awesome, thank you so much. Great to be with you, Todd.
- 52:03Speaker 13: Thank you for everything that you do for you know,
- 52:05Speaker 13: the industry of pharmacy, very very much appreciated. It was
- 52:09Speaker 13: a pleasure to be with you today.
- 52:13Speaker 14: This is mcnami Struck from claratas Aux and you are
- 52:16Speaker 14: listening to the Pharmacy Podcast.
- 52:21Speaker 4: Hey, welcome Clara TOAs Rix has been an organization that
- 52:25Speaker 4: I've watched from afar. I've never had an opportunity to
- 52:29Speaker 4: talk with anybody, so Magna, it is so good to
- 52:32Speaker 4: see you.
- 52:33Speaker 3: Thanks for being on the show.
- 52:34Speaker 8: Thanks for having me, Todd.
- 52:36Speaker 3: All right, Assembia.
- 52:37Speaker 4: I called this, I started nicknaming this about five years ago,
- 52:41Speaker 4: the super Bowl of specialty pharmacy and it really is.
- 52:44Speaker 4: It's it's I remember when Armada Health they were Armada
- 52:49Speaker 4: Healthcare but for Assembia, and they renamed it to Assembia
- 52:52Speaker 4: to assemble people together, coming together as one organization. One
- 52:57Speaker 4: big industry to do nothing but focus on the patient.
- 53:02Speaker 4: In specialty pharmacy, talk to us about claritos RX. You
- 53:07Speaker 4: have AI that's reshaping how decisions get made in healthcare.
- 53:12Speaker 4: Where do you see it having the biggest impact on
- 53:14Speaker 4: patient visibility?
- 53:16Speaker 14: That's a great question, Todd. So I tend to think
- 53:19Speaker 14: of AI as a force multiplier in healthcare. It's helping
- 53:23Speaker 14: bring together pieces of the patient journey that have traditionally
- 53:27Speaker 14: been pretty fragmented and siloed. It brings it all together
- 53:31Speaker 14: into one clear picture, for example, clinical data, pharmacy activity, access,
- 53:38Speaker 14: and affordability. And once you have that kind of visibility,
- 53:42Speaker 14: you can start to catch risks much earlier.
- 53:45Speaker 8: So things like a delay.
- 53:47Speaker 14: Trefill, or a coverage issue, or even early science that
- 53:50Speaker 14: a patient is disengaging, all really critical signals that show
- 53:55Speaker 14: up sooner than they would and so the shift is
- 53:58Speaker 14: really from reacting after something goes wrong to getting ahead
- 54:02Speaker 14: of it. But to me, the most important part is
- 54:05Speaker 14: that AI does not replace the human side. It gets
- 54:09Speaker 14: care teams, you know, better insights so they can step
- 54:12Speaker 14: in earlier.
- 54:13Speaker 8: And react earlier.
- 54:15Speaker 14: And support patients in a more thoughtful and personalized way.
- 54:19Speaker 14: Because That is what we do at Cloutosotics. We really
- 54:22Speaker 14: help bring access to the patients.
- 54:27Speaker 4: That makes a lot of sense, and we have to
- 54:30Speaker 4: have the patient always at the front of everything that
- 54:34Speaker 4: we're doing. Out front the vision of the patient, the
- 54:37Speaker 4: vision of what we have to be empathetic of thinking
- 54:40Speaker 4: what does that patient go through to every day in
- 54:43Speaker 4: their lives and the obstacles that they're facing with payment
- 54:48Speaker 4: or prior authorization behind the scenes, and they don't really
- 54:51Speaker 4: want to put up with that. They just want to
- 54:52Speaker 4: be able to take their medication and go on with
- 54:54Speaker 4: their lives, especially when we're all as busy as we are.
- 54:57Speaker 3: I want to go back to something.
- 54:59Speaker 4: You said about A and the teams that are integrating that. So,
- 55:03Speaker 4: teams that integrate AI into patient care, what's the one
- 55:06Speaker 4: piece of advice that you'd give to those teams.
- 55:10Speaker 8: My advice is pretty simple.
- 55:12Speaker 14: It is start with the problem and not the technology.
- 55:16Speaker 8: So really fall in love with the problem itself.
- 55:19Speaker 14: Pick a clear, high impact pain point, for example, why
- 55:23Speaker 14: are patients dropping off therapy? Why are prior arts getting denied?
- 55:27Speaker 14: And then let AI be the tool the technology that
- 55:31Speaker 14: helps you answer it.
- 55:33Speaker 8: So don't start with, oh, we.
- 55:35Speaker 14: Need an AI strategy or we need to bring AI
- 55:38Speaker 14: into our product. Start with here's the outcome we are
- 55:41Speaker 14: trying to achieve, and then leverage AI to achieve that outcome.
- 55:46Speaker 8: So two things that.
- 55:47Speaker 14: I would say are also non negotiable when you start
- 55:52Speaker 14: bringing AI into your product. So first is explainability, and
- 55:56Speaker 14: what I mean by that is if a user really
- 55:58Speaker 14: can't understand why the model is recommending something, they won't
- 56:02Speaker 14: trust it, and honestly they shouldn't. And second, make sure
- 56:07Speaker 14: you keep your users in the loop. The goal isn't
- 56:10Speaker 14: to replace judgment, it is to amplify it. That's what
- 56:13Speaker 14: AI does, and.
- 56:14Speaker 8: The best systems, the best systems surface insights.
- 56:18Speaker 14: They highlight trade offs and make it much easier to act,
- 56:22Speaker 14: but they still leave room for that additional context, that nuance.
- 56:26Speaker 8: And of course you talked about empathy earlier.
- 56:29Speaker 4: Like empathy all right, So Claritas RX has invested so
- 56:35Speaker 4: much from time from obviously investment and money to develop
- 56:40Speaker 4: product leaders that know how to get implementation and how
- 56:44Speaker 4: to implement AI and do it the right way. And
- 56:47Speaker 4: you broke it into pieces and you're leading those teams.
- 56:51Speaker 4: So talk to us about how do you drive your
- 56:54Speaker 4: own efficiency and to embed AI into your products. What
- 56:58Speaker 4: do you think is the place where teams are missing?
- 57:01Speaker 4: Where are they missing that right now? Again, that's an
- 57:05Speaker 4: awesome question.
- 57:06Speaker 14: So you know, everyone's using AI to be more efficient,
- 57:09Speaker 14: and that's great. I do think that's a very very
- 57:12Speaker 14: important use case. But as a product leader, I think
- 57:17Speaker 14: what most teams are missing is that we are entering
- 57:20Speaker 14: into an era where AI agents aren't just tools, they're
- 57:24Speaker 14: actually becoming users of our platform.
- 57:27Speaker 8: And that is a big shift.
- 57:31Speaker 14: Agents that operate independently, that navigate systems, that execute workflows
- 57:36Speaker 14: without constant human oversight. And what that really does it
- 57:41Speaker 14: it flips a lot of assumptions, a lot of assumptions
- 57:44Speaker 14: that products have traditionally been built on. So the gap
- 57:48Speaker 14: I see is that teams aren't yet designing for agent
- 57:51Speaker 14: driven interactions. Are your system structured in a way that
- 57:55Speaker 14: an agent can reliably and trustworthily operate in your APIs
- 58:01Speaker 14: your permissions, your workflows built for that kind of access?
- 58:05Speaker 14: And then it's not just a product question, it goes
- 58:07Speaker 14: beyond that. It's a go to market one as well.
- 58:09Speaker 14: So if agents are doing more of the work, who
- 58:12Speaker 14: are you really building for and selling to? So the
- 58:15Speaker 14: same business buyer or is it a more technical stakeholder
- 58:19Speaker 14: who's now shaping how those agents operate. And I do
- 58:22Speaker 14: think that's a gap as far as product strategy and
- 58:27Speaker 14: thinking goes, because there's.
- 58:29Speaker 8: No clear playbook yet.
- 58:31Speaker 14: But that shift from AI as a tool to AI
- 58:34Speaker 14: as a participant as a user, it is that piece
- 58:37Speaker 14: that I think product leaders really should keep an eye on.
- 58:41Speaker 11: Magna.
- 58:41Speaker 4: This has been so special. I want to thank Clara
- 58:44Speaker 4: tas Rx. I want to thank you for spending time
- 58:47Speaker 4: with us at the post show. It's important to get
- 58:49Speaker 4: messaging out. There are so many people that weren't able
- 58:52Speaker 4: to attend to send me a twenty twenty six, and
- 58:54Speaker 4: they're listening to your words, they're listening to this interview
- 58:56Speaker 4: and they're saying, that's really special. Didn't think of it
- 58:59Speaker 4: that way, And that's why we want to bring these
- 59:00Speaker 4: insights and innovators together like you.
- 59:02Speaker 3: Thank you so much for being on the show.
- 59:04Speaker 8: Thanks for having me.
- 59:05Speaker 7: Todd