Latest / Pharmacy Podcast Network / AI in Pharmacy Standards and Drug Supply Chain Upgrades | TWIRx
Transcript
- 0:04Speaker 1: Coming up. On the next episode of This Week in Pharmacy,
- 0:08Speaker 1: sponsored by GoodRx, we sit down with David Graziano, head
- 0:12Speaker 1: of retail network at GoodRx, and Tom to Petro, independent
- 0:15Speaker 1: pharmacy owner at to Petro's Pharmacy for a timely conversation
- 0:19Speaker 1: about the future of independent pharmacy. We'll discuss reimbursement pressures,
- 0:23Speaker 1: the rise of cash pay patients, growing demand for high
- 0:26Speaker 1: cost brand medications like GLP one therapies, and how independent
- 0:30Speaker 1: pharmacies can compete in a rapidly changing marketplace. David will
- 0:34Speaker 1: share how GoodRx Community Link is designed to provide predictable
- 0:37Speaker 1: pricing and favorable economics for brands and generics, while Tom
- 0:41Speaker 1: brings the real world pharmacy owner perspective on sustainability, patient access,
- 0:45Speaker 1: and community care.
- 0:47Speaker 2: Don't miss this important discussion on how transparent pricing and
- 0:51Speaker 2: stronger pharmacy economics can help independent pharmacies serve patients with confidence.
- 0:56Speaker 2: To learn more, visit GoodRx dot com slash community Link.
- 1:01Speaker 1: Good rx is not insurance.
- 1:29Speaker 3: About twenty twenty six, We've done a lot of work around,
- 1:32Speaker 3: taking some customer feedback and really making thoughts spot a
- 1:36Speaker 3: new and reimagined event this year, We've got a lot
- 1:40Speaker 3: of great programming, a lot of good ces, a lot
- 1:43Speaker 3: of just really cool things for our pharmacies to come
- 1:47Speaker 3: in and realize and look for things that we're going
- 1:49Speaker 3: to increase their efficiency so they can really spend time
- 1:53Speaker 3: with the patients, caring for patients, working on clinical services,
- 1:57Speaker 3: activating some knowledge. We've got a lot of industry experts
- 1:59Speaker 3: that will be they're a lot of thought leaders. They're
- 2:01Speaker 3: creating some opportunities for pharmacies to come in and just
- 2:04Speaker 3: talk to one another, some space for just pharmacies to network,
- 2:07Speaker 3: and then we're really focused on helping them diversify the revenue.
- 2:11Speaker 3: We know the pharmacies, the distribution and economics are what
- 2:15Speaker 3: they are, and how do we help them diversify their
- 2:18Speaker 3: revenue so they can continue to be here well into
- 2:21Speaker 3: the future.
- 2:25Speaker 4: Hey, starting off on twerks today, we're jumping right into
- 2:29Speaker 4: the business of pharmacy. I want to welcome Brent Wilhelm.
- 2:33Speaker 4: He's senior vice president of Global Supply Chain and tim
- 2:36Speaker 4: Weber Pharmacy Operations and Regulatory Executives, a team from Sincora
- 2:43Speaker 4: on twerks.
- 2:44Speaker 5: Gentlemen, it's so good to have you.
- 2:47Speaker 6: Good to be to be here. Thank you.
- 2:50Speaker 4: We are in a stage and everyone that's talking on
- 2:56Speaker 4: twerks right now is old enough to remember the way
- 3:00Speaker 4: that supply chain worked twenty years ago and how things
- 3:04Speaker 4: have shifted and changed, and some of it for the good.
- 3:08Speaker 4: Some of it seems like it creates confusion. But people
- 3:12Speaker 4: that have a pedigree in veterans who understand where we
- 3:15Speaker 4: are today and making accessible making drugs more accessible through
- 3:22Speaker 4: their source, whether they want to go to their independent
- 3:25Speaker 4: community pharmacy or they want to go to a friendly
- 3:29Speaker 4: neighborhood chain pharmacy or grocery store or whatever.
- 3:34Speaker 5: That sounds so.
- 3:36Speaker 4: Insignificant to the consumer, but people listening to the show
- 3:40Speaker 4: right now know how delicate of a system that it
- 3:43Speaker 4: really is. I'm going to open up with Brent Senior
- 3:47Speaker 4: vice president Global Supply Chain there at Saquora. Just give
- 3:50Speaker 4: us an overview of what you think of where we are.
- 3:53Speaker 4: What's the state of the nation right now with drug
- 3:56Speaker 4: supply chain.
- 3:57Speaker 7: Yeah, well, thank you for the time today, Todd and
- 4:02Speaker 7: the questions. I would say it's a healthy supply chain,
- 4:08Speaker 7: but it comes with challenges the way that we think
- 4:12Speaker 7: about healthcare and the way we position ourselves from Sincora's
- 4:17Speaker 7: it's always the patient first.
- 4:18Speaker 5: For us.
- 4:19Speaker 7: Patient care is foremost and what we think about and
- 4:21Speaker 7: how we approach our supply chain and how we support
- 4:26Speaker 7: manufacturer partners and points of care. And so we've got
- 4:29Speaker 7: a robust network that is positioned to get product within
- 4:33Speaker 7: hours when a practitioner needs it for patient care to
- 4:37Speaker 7: the customer. But that brings challenges within itself. That creates
- 4:41Speaker 7: speed and agility for the practitioner to get product for
- 4:45Speaker 7: patient care, which is important. But because of that network
- 4:49Speaker 7: and the way that we set things up, we are
- 4:51Speaker 7: putting inventory and supply at each of those forward distribution
- 4:56Speaker 7: locations closest to the customer. So we're really relying on
- 5:00Speaker 7: how we look at customer demand, the demand they give us,
- 5:03Speaker 7: the demand signals that we see to make sure that
- 5:06Speaker 7: we've got the right inventory at the right place for
- 5:08Speaker 7: the right time. I think historically that's been good enough.
- 5:14Speaker 7: As we think about access to drugs, the cost of drugs,
- 5:18Speaker 7: and everybody's looking for pharmaceuticals in really real time, the
- 5:23Speaker 7: way that we plan our network and using data becomes
- 5:26Speaker 7: even more important. And so there's a gap today and
- 5:31Speaker 7: what we see in how we think about demand planning.
- 5:33Speaker 7: We use demand that's been pulled over a period of time,
- 5:37Speaker 7: what did you buy yesterday, what did you buy last week?
- 5:39Speaker 7: And then we demand forecast plan against that for the future.
- 5:44Speaker 7: We need to lean we're leaning in more to how
- 5:46Speaker 7: do we think about an integrated supply chain where we
- 5:48Speaker 7: get data from customers that's more forecasting. How do we
- 5:51Speaker 7: use AI to look at past seasons and conditions and
- 5:55Speaker 7: disease states and think about how we factor in with
- 5:58Speaker 7: AI and the data that we have, and leaning into
- 6:01Speaker 7: how do we integrate a supply chain with data closer
- 6:03Speaker 7: to the point of care to how do we forecast
- 6:06Speaker 7: where that inventory needs to be so that we make
- 6:09Speaker 7: sure we always have the right inventory at the right time.
- 6:11Speaker 7: There have been times in the past, and we've seen
- 6:14Speaker 7: this with RSV a couple of years ago, where there's
- 6:17Speaker 7: disease spikes, and when we have those and we're placing
- 6:21Speaker 7: inventory in the forward DCS, our ability to react to
- 6:24Speaker 7: that isn't as fast is what you would expect it
- 6:27Speaker 7: to be. So there could be inventory in the supply,
- 6:30Speaker 7: but it's not in the right place at the right time.
- 6:32Speaker 7: So I think as we look to patient care and
- 6:36Speaker 7: what practitioners are needing. We need to think differently about
- 6:39Speaker 7: how we leverage technology to make sure that we've got
- 6:43Speaker 7: supply where it needs to be.
- 6:46Speaker 4: Thank you for that, Tim. Your understanding of this subject
- 6:51Speaker 4: is extremely close to your heart. The work that you
- 6:56Speaker 4: put in in community pharmacy directly through throughth pharmacy back
- 7:00Speaker 4: in the day, and then the time that you've spent
- 7:03Speaker 4: with Sincora in the field understanding the pressures, understanding the
- 7:08Speaker 4: challenges of our independent community pharmacies. Talk to us about
- 7:12Speaker 4: what availability means in comparison to accessibility for providers, pharmacies
- 7:18Speaker 4: and patients.
- 7:19Speaker 3: Yeah, that's a great question, Talt. You look at supply
- 7:23Speaker 3: in the network, it's yes, it's in the network, but
- 7:25Speaker 3: so Brent was saying, it's in a forward d C.
- 7:27Speaker 3: It may not be in the forward DC that's closest
- 7:29Speaker 3: to the place that pharmacy that needs that product. And
- 7:32Speaker 3: I think as Brent was talking talk about how we
- 7:36Speaker 3: need more data to make the supply chain more resilient
- 7:39Speaker 3: and more forecat being able to see the future a
- 7:41Speaker 3: little bit easier than we can today. That's critical for
- 7:45Speaker 3: independent pharmacies, particularly even in some small chain pharmacies that
- 7:49Speaker 3: are operating in our very rural locations where you know,
- 7:53Speaker 3: in a lot of cases they are the only healthcare
- 7:55Speaker 3: entity within miles for some of these patients and really
- 7:59Speaker 3: the only place the patients can seek care. And you know,
- 8:02Speaker 3: the opportunity for the for us to be to get
- 8:05Speaker 3: a better supply chain so that that product can be
- 8:07Speaker 3: in the right place at the right time when the
- 8:09Speaker 3: patient and the provider need it. It's it's critical for
- 8:13Speaker 3: patient outcomes.
- 8:16Speaker 4: So I think of if we were to draw a
- 8:19Speaker 4: circle and try to fill it in with the supply
- 8:22Speaker 4: chain and the and the actual cycle that it follows.
- 8:26Speaker 4: One of the places where we see barriers to access
- 8:30Speaker 4: to these medications is reimbursement barriers prior authorization, certain pay
- 8:36Speaker 4: rules PBMs. Sometimes their process is getting in the way
- 8:40Speaker 4: and they may not be doing it purposely, but it's
- 8:42Speaker 4: just systems that are set up, algorithms that are set
- 8:45Speaker 4: up that that prevent the accessibility. So how does that
- 8:49Speaker 4: play into it to brand? How does how does that
- 8:52Speaker 4: side of the supply chain work?
- 8:56Speaker 7: Yeah, certainly reimbursement it can play a factor, and access
- 9:03Speaker 7: to pharmaceuticals and the cost of those and what that
- 9:07Speaker 7: means from a financial perspective for points of care when
- 9:11Speaker 7: I think about, you know, the supply chain as far
- 9:14Speaker 7: as access to the drugs, and we talk about having
- 9:18Speaker 7: there's different dosages. Uh, there's you know, a variety of
- 9:23Speaker 7: you could have a formulary that a patient needs. And
- 9:27Speaker 7: I talked about previously how we're looking at connecting data
- 9:32Speaker 7: when we think about making sure that we're getting access
- 9:35Speaker 7: to those pharmacies. Tim talked about, you know, ural we
- 9:39Speaker 7: have independence that are the only point of care for
- 9:42Speaker 7: some of these rural markets. We've we at Scura have
- 9:46Speaker 7: made a billion dollars worth of investments into our network
- 9:50Speaker 7: strategically where we see growth and coal chain, but also
- 9:54Speaker 7: to create more nimbleness or agile in the way that
- 9:57Speaker 7: we're supplying our forward distribution sites and connecting our network
- 10:01Speaker 7: to our manufacturer partners.
- 10:03Speaker 5: And so.
- 10:06Speaker 7: One of those investments is creating a single point of
- 10:12Speaker 7: entry from manufacturers into the Secora network. But what that'll
- 10:16Speaker 7: do for us is also allows us to hold a
- 10:19Speaker 7: certain amount of inventory centrally where we can dynamically replenish
- 10:23Speaker 7: those forward dcs closest to those customers when we see
- 10:27Speaker 7: variations in demand due to external factors. Could be business
- 10:34Speaker 7: continuity scenarios where we've got weather events like fern where
- 10:40Speaker 7: we're moving customers across the network and that's creating larger
- 10:43Speaker 7: demand in certain pockets than what we typically would see.
- 10:46Speaker 5: This allows us.
- 10:47Speaker 7: To flex to that to make sure that we've got
- 10:49Speaker 7: the right product at the right time for what customers
- 10:51Speaker 7: need to serve patients. So outside of those barriers when
- 10:54Speaker 7: it comes to reimbursement, which I can't solve, what I
- 10:58Speaker 7: do need to make sure from microspective and my role
- 11:00Speaker 7: at S and COREA is that we've got a network
- 11:02Speaker 7: that's robust enough to make sure that we're meeting the
- 11:05Speaker 7: demands of the customer for that patient and flexing it
- 11:08Speaker 7: in a way that we're agile to the changing conditions
- 11:11Speaker 7: that we're seeing within the supply chain space.
- 11:16Speaker 4: What a significant investment I read about that when you
- 11:19Speaker 4: mentioned that later last year drug distributor Sincora to invest
- 11:24Speaker 4: one billion in a US supply chain upgrade, and that
- 11:27Speaker 4: just shows the staging and the investment being made for
- 11:31Speaker 4: the future of what's going to be happening to pharmacy
- 11:35Speaker 4: care and how it is. It's changing and we just
- 11:37Speaker 4: have to keep up with it. I want to come
- 11:39Speaker 4: back to the data point. I want to want to
- 11:42Speaker 4: ask about accessing that data, getting getting connected and then
- 11:51Speaker 4: not slowing down the providers in giving you that data.
- 11:55Speaker 4: So Tim, tell me about the world of data accessibility
- 11:59Speaker 4: and what that means for predictability, what it means for
- 12:04Speaker 4: transparency and pricing, what that means for the the end
- 12:10Speaker 4: the end user, which is the our pharmacist out there
- 12:12Speaker 4: that need their patients to get their medication.
- 12:16Speaker 7: Yeah, I think there's.
- 12:17Speaker 3: Brent probably can hit on a lot of other data
- 12:19Speaker 3: points that than I can. But from a you know,
- 12:22Speaker 3: just the data. The world of data and the interconnectness
- 12:25Speaker 3: of pharmacy data is continue to grow, and I look
- 12:28Speaker 3: at things that are evolving. It's like NCPDP is creating
- 12:32Speaker 3: a standard for pharmacists to be able to share their
- 12:35Speaker 3: in stock data with providers and hopefully someday with patients,
- 12:38Speaker 3: and just allowing that transparency around where product sits inside
- 12:44Speaker 3: of the supply chain today so that patients and providers
- 12:47Speaker 3: can access it at the time they need to. Brent,
- 12:50Speaker 3: I allow you to elaborate on some of the data
- 12:53Speaker 3: maybe that we're bringing into the network to help forecast
- 12:56Speaker 3: the supply chain better.
- 12:59Speaker 7: Yeah, I think you know we're data rich, we have
- 13:02Speaker 7: been for a long time, and so with the evolution
- 13:06Speaker 7: of AI, what's exciting is we're able to take the
- 13:08Speaker 7: data insights that we get from manufacturers because that's where
- 13:12Speaker 7: the supply chain starts, So understanding where there's health in
- 13:15Speaker 7: the supply chain or where there's risk, and then what
- 13:18Speaker 7: does that mean being able to assess that for our
- 13:22Speaker 7: customers and what does that mean for patients if there
- 13:25Speaker 7: needs to be a discussion around alternate formulas for care
- 13:30Speaker 7: that they can plan around and be prepared for, and
- 13:32Speaker 7: then how do we make sure that we're planning for
- 13:34Speaker 7: that within the supply chain.
- 13:35Speaker 6: So we have lots of data today.
- 13:39Speaker 7: We're excited about what we're doing with AI and how
- 13:41Speaker 7: we use AI to be able to digest that data
- 13:44Speaker 7: quickly and make data driven insights. But also leading in
- 13:49Speaker 7: then to how do we think about agentic AI where
- 13:51Speaker 7: we can make then decisions faster so we can digest
- 13:54Speaker 7: it quicker, but how do we then make decisions quicker
- 13:58Speaker 7: across our network execute faster so they're not we're not
- 14:03Speaker 7: delaying Because these things, these insights that we get on
- 14:06Speaker 7: the supply and the health of the network, if ours
- 14:11Speaker 7: can mean not having a product within a DC for
- 14:15Speaker 7: a customer, for that patient, for cancer treatment or whatever
- 14:18Speaker 7: it may be. So trying to cut out the time
- 14:21Speaker 7: it takes to analyze the data and then quickly making decisions.
- 14:25Speaker 7: AI is really the future for both of that, understanding
- 14:30Speaker 7: the insights and then how do we execute.
- 14:32Speaker 4: All you have to do is look at the news
- 14:34Speaker 4: and see some of the changes that are happening in
- 14:37Speaker 4: supply chain. There was a feature article from Sincora's Matt
- 14:43Speaker 4: Sample that we're talking about the FDA making a landmark
- 14:46Speaker 4: change and how that pharmaceutical products are going to be
- 14:49Speaker 4: tracked with the new twelve digit NDC code going from
- 14:53Speaker 4: ten digits to twelve digits, and once again it's just
- 14:57Speaker 4: telling to the world of new coming medications, new coming treatments,
- 15:03Speaker 4: transitional treatments from one cancer medication to the next, and
- 15:07Speaker 4: how the NDC is going to be key in tracking
- 15:11Speaker 4: and starting to tie things back to even DSCSA and
- 15:15Speaker 4: management and then reporting back to manufacturers.
- 15:19Speaker 5: There's a lot to that.
- 15:20Speaker 4: Can you speak to a little bit about that change
- 15:23Speaker 4: and your insights on that.
- 15:26Speaker 7: Yeah, Todd, I'm not really the NDC twelve experts, so
- 15:29Speaker 7: that's not an area of my expertise, so I'll defer
- 15:33Speaker 7: to Tim if he's got something to add to that topic.
- 15:36Speaker 3: Now, I just I mean from an NDC twelve standpoint,
- 15:38Speaker 3: just from a pharmacy standpoint, right, it's a new operational
- 15:41Speaker 3: challenge that now pharmacies also have to overcome, right, supply
- 15:45Speaker 3: chain has to overcome. But the pharmacies operationally do as well,
- 15:47Speaker 3: and so do the payers, and so it'll be it'll
- 15:50Speaker 3: be interesting to see how that NBC twelve helps, either
- 15:54Speaker 3: operationally or just from a data standpoint in the future.
- 15:59Speaker 5: Yeah, I think it.
- 16:00Speaker 4: I don't think it is going to help with tracking
- 16:01Speaker 4: and then substitution the world expansion of biosimilars. I think
- 16:07Speaker 4: I think they're doing it. I'm obviously on purpose. And
- 16:11Speaker 4: we heard a little bit about that from the NCPDP
- 16:13Speaker 4: who updated us about four weeks ago, and it was
- 16:18Speaker 4: just on the the ending of another one of our
- 16:23Speaker 4: press coverage events that we do, which is quite exciting
- 16:28Speaker 4: that we are on the eve. It's Friday today and
- 16:32Speaker 4: in less than two weeks it'll be the Sincora's super
- 16:37Speaker 4: Bowl of Independent Community Pharmacy thought Spot in Orlando.
- 16:40Speaker 5: So are either of you going to Thought Spot we'll
- 16:44Speaker 5: be there.
- 16:44Speaker 7: Yeah, we'll both be there.
- 16:46Speaker 4: That's incredible. So we'll have a podcast press booth set up.
- 16:50Speaker 4: I'm going to reach out to your press team to
- 16:51Speaker 4: see if we can't get one or even both of
- 16:53Speaker 4: you back on the show and just talking about what
- 16:55Speaker 4: you're most passionate about. That's what we love here on
- 16:58Speaker 4: twerks anyway, is the the passion from people in the
- 17:01Speaker 4: business of pharmacy. And this has been awesome. I really
- 17:04Speaker 4: appreciate the both the insights that you bring to us
- 17:06Speaker 4: and our listeners. Technicians, pharmacy technicians. You guys, you're transforming
- 17:12Speaker 4: the world of the business of pharmacy and specialty and
- 17:15Speaker 4: long term care in community pharmacy. We want you to
- 17:19Speaker 4: be a part of this. Make sure you reach out
- 17:21Speaker 4: to me, schedule some time with me in Orlando at
- 17:23Speaker 4: Thoughts about twenty twenty six. Pharmacists, you're my favorite providers.
- 17:27Speaker 4: Thank you so much for listening and all the work
- 17:30Speaker 4: that you put in this week in pharmacy, and we'll
- 17:33Speaker 4: talk to you next week.
- 17:37Speaker 8: Feeling lost with the complexities of pharmacy accounting.
- 17:40Speaker 9: In pharmacy today, there's so many different variables and issues
- 17:45Speaker 9: that impact the pharmacy, books, records, accounting, the profitabilities, so
- 17:49Speaker 9: so forth. There's different components of pharmacy that have its
- 17:52Speaker 9: own nuances from an accounting standpoint, and so it's tricky,
- 17:56Speaker 9: there's no doubt about it.
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- 18:00Speaker 8: don't know where to start. Pikes and Company is here
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- 18:22Speaker 9: who understands the industry and how the accounting and tax
- 18:25Speaker 9: should really be in a pharmacy, this is this is
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- 18:56Speaker 4: Hey, welcome back to this week in Pharmacy IRAQ.
- 19:00Speaker 5: You are AC.
- 19:02Speaker 4: This organization has been in my life in my career
- 19:05Speaker 4: for years, and I just found out from our guests
- 19:08Speaker 4: that's been thirty five years. This organization has been assuring
- 19:14Speaker 4: quality accreditation of different aspects of pharmacy business and the
- 19:19Speaker 4: ecosystem of pharmacy care.
- 19:20Speaker 5: More specifically, I learned.
- 19:22Speaker 4: About your AC from my dear friend Sheila Akeett at
- 19:25Speaker 4: the NASP and have always met up with and appreciated
- 19:29Speaker 4: the insights. I want to welcome doctor Sean Griffin, President
- 19:33Speaker 4: and CEO of your AQ.
- 19:35Speaker 6: Todd, thank you for letting us come and talk for
- 19:38Speaker 6: a while.
- 19:38Speaker 4: Absolutely excited that you're here. Sean, So, as a former
- 19:44Speaker 4: medicine physician, health system executive, you provided leadership with other organizations.
- 19:52Speaker 4: Your insights tied back to your interest and your passion
- 19:56Speaker 4: for standardization and making sure that information is authentic. Then
- 20:02Speaker 4: we talk about AI and is this weird for you and
- 20:05Speaker 4: I because we're old enough to remember, goodness, gracious, the
- 20:09Speaker 4: Commodore sixty four and close systems and pharmacy software that
- 20:14Speaker 4: you couldn't do anything with but print a label.
- 20:17Speaker 5: And now we're talking about AI.
- 20:20Speaker 4: In healthcare and someone that remembers the dot com gold
- 20:24Speaker 4: Rush and so much of this technology boom. As excited
- 20:29Speaker 4: as I am, I'm also like apprehensive a pull back
- 20:32Speaker 4: a little bit. I want to talk about the governance
- 20:34Speaker 4: and the challenges that kind of come in with that,
- 20:36Speaker 4: and what better organization that has kind of written the
- 20:41Speaker 4: standards of accreditation in governance?
- 20:43Speaker 5: But talk to us a little bit about that.
- 20:46Speaker 6: So, you know, Todd, just if we're sharing credibility here.
- 20:49Speaker 6: You know, I remember the Commodore sixty four. I also
- 20:51Speaker 6: was in the bunker on y two K. So I
- 20:54Speaker 6: mean that tells you how far back I go.
- 20:56Speaker 7: Yeah.
- 20:57Speaker 6: So you know, as we think about about these things,
- 21:01Speaker 6: you know, technology and healthcare have been dancing for decades,
- 21:05Speaker 6: and as we think about AI, we say what's different
- 21:08Speaker 6: about AI and what's the same about AI? And there's
- 21:11Speaker 6: people who act like AI is just completely new, there's nothing,
- 21:15Speaker 6: nothing ever been done before like this. And I'll say,
- 21:18Speaker 6: you know, how many times have I heard that this
- 21:20Speaker 6: is brand new? There's nothing like this that's ever been
- 21:22Speaker 6: done before. And it was an echo of something that
- 21:24Speaker 6: had been done before. And so I spent a few
- 21:27Speaker 6: decades as a chief medical information officer. So it was
- 21:30Speaker 6: bringing technology into healthcare and finding the right balance. And
- 21:34Speaker 6: I always say the thing about AI is that if
- 21:36Speaker 6: I put in an order set into an electronic medical
- 21:40Speaker 6: record back in two thousand and three, the order set
- 21:43Speaker 6: I put in in January was the same order set
- 21:45Speaker 6: that was sitting there in June if I didn't touch it.
- 21:48Speaker 6: And now we have things that are going into healthcare
- 21:51Speaker 6: where it's not the same this afternoon as when you
- 21:54Speaker 6: last looked at it this morning. And so I think
- 21:56Speaker 6: that that with AI and when we talk about governance,
- 21:58Speaker 6: when we talk about best practices. I actually spoke on
- 22:02Speaker 6: AI and healthcare in twenty eighteen, and there was really
- 22:06Speaker 6: nothing there at the time. It was a talk to
- 22:08Speaker 6: a bunch of new chief Medical Information officers and it
- 22:10Speaker 6: was about AI and machine learning and the possible impact
- 22:13Speaker 6: you could have down the road. But there weren't even
- 22:15Speaker 6: the chips to do it back then. And now we
- 22:18Speaker 6: have these things where you're having a brand new version
- 22:20Speaker 6: of an AI tool every two weeks, and it's just overwhelming.
- 22:25Speaker 6: And our role in pharmacy at IRAQ has been here
- 22:27Speaker 6: for a couple of decades. We helped build specialty pharmacy
- 22:30Speaker 6: as its own area, and all the organizations that we
- 22:33Speaker 6: work with, you know, being that gold standard as people
- 22:36Speaker 6: so often talked about what URAC does, and we said,
- 22:39Speaker 6: you know, AI, what's good governance, what's good oversight, what's
- 22:43Speaker 6: good monitoring for AI? And it's built upon stuff we've
- 22:47Speaker 6: done before about good oversight, quality management principles, regulatory compliance
- 22:52Speaker 6: and those things. But what was different and so, you know,
- 22:55Speaker 6: we convened a group that include pharmacists, that include academic
- 22:58Speaker 6: medical centers, that included at the SYST, that included lawyers,
- 23:02Speaker 6: and we built a program from scratch, but it sits
- 23:05Speaker 6: on the foundation of quality principles that we've had for decades.
- 23:10Speaker 4: I'm glad you kind of opened up with that healthcare
- 23:14Speaker 4: is increasingly treating AI, like you had referenced, as clinical
- 23:18Speaker 4: risk management issue rather than simply a technology issue. I
- 23:23Speaker 4: think it's blended and I think that I think that
- 23:28Speaker 4: it's the physician and the pharmacist and the nurses who
- 23:31Speaker 4: are the protectors of our patient and that also includes
- 23:36Speaker 4: data leakage and other things that are happening go into that.
- 23:41Speaker 4: With increasingly treating AI as a clinical risk management issue, well.
- 23:46Speaker 6: I think that as I've said the thing about AI
- 23:49Speaker 6: and this mainly in medical areas, I say it's an
- 23:52Speaker 6: overconfident third year medical student. It has a whole ton
- 23:55Speaker 6: of information, but it has no background to really put
- 23:57Speaker 6: it into context, and it says everything with the highest confidence.
- 24:01Speaker 6: I mean, it sounds very convincing, but then you check
- 24:04Speaker 6: on it, it's like, you know, by the way, one
- 24:06Speaker 6: of the things you cited doesn't exist. And honestly, if
- 24:10Speaker 6: we had a peer who hallucinated like AI sometimes does,
- 24:13Speaker 6: we'd probably run a drug test. And so, so how
- 24:17Speaker 6: do you keep an eye on this and how do
- 24:18Speaker 6: you make it earn the trust as opposed to just
- 24:21Speaker 6: giving it the trust the day that it shows up.
- 24:24Speaker 6: And so one of the analogies I've drawn for it's
- 24:26Speaker 6: like credentialing in some respects. You know, where'd the AI
- 24:29Speaker 6: come from, who trained it, what did they build it
- 24:31Speaker 6: to do? What does it know to do? And when
- 24:33Speaker 6: I bring it into my system, I got to keep
- 24:35Speaker 6: an eye on it for a while before I turn
- 24:37Speaker 6: it loose. And even when I turn it loose, I
- 24:39Speaker 6: got to keep an eye on it because it's had
- 24:41Speaker 6: some behavior issues that we heard about it in its
- 24:43Speaker 6: last job. And so I think in the pharmacy space there,
- 24:48Speaker 6: you know, one of the things that comes into our
- 24:49Speaker 6: accreditation and we were the first to launch an AI
- 24:51Speaker 6: in healthcare accreditation and people looked at and they're like, oh,
- 24:54Speaker 6: this would be great for hospitals. And I said, it's
- 24:56Speaker 6: not just for hospitals, you know, it's for hospitals, it's
- 24:59Speaker 6: for independent clint, it's for the FQHC down on the corner.
- 25:02Speaker 6: It's the little pharmacy, it's the the PBM. You know,
- 25:06Speaker 6: we all need to have some trusted rules of the road,
- 25:08Speaker 6: and it needs to come from an independent organization who's
- 25:11Speaker 6: audited these things for years. You can't have the foxes
- 25:15Speaker 6: guarding the chickens. And there's so much money wrapped up
- 25:18Speaker 6: in this right now. I mean just trillions of dollars
- 25:21Speaker 6: of money that's being spent on these models, and eventually
- 25:24Speaker 6: the people who are building these models are going to
- 25:27Speaker 6: want their money back out of it. And a lot
- 25:29Speaker 6: of that is going into healthcare where there's just a
- 25:31Speaker 6: lot of money involved. And so how do you do this?
- 25:34Speaker 6: How do you keep an eye on it? And it's governance,
- 25:36Speaker 6: it's monitoring, it's it's risk evaluation, it's a plan before
- 25:40Speaker 6: an implementation. It's training your people, it's you know, recognizing
- 25:45Speaker 6: if you're using an AI tool to man your phones, Okay,
- 25:49Speaker 6: that's one thing. If you're using an AI tool to
- 25:53Speaker 6: deal with prior authorizations and clinical information, that's another thing.
- 25:57Speaker 6: If you're using AI for you know, drug discovery and
- 26:01Speaker 6: you're a pharma company, that's a whole different level of
- 26:04Speaker 6: risk that's involved. And let's make sure that we have
- 26:08Speaker 6: the right tool for the job when it comes to
- 26:10Speaker 6: monitoring these programs.
- 26:13Speaker 4: Pharmacists that I talk with all the time, my favorite
- 26:16Speaker 4: providers have always known, regardless of how shiny the new
- 26:22Speaker 4: software system is or the data analysts to report, that
- 26:26Speaker 4: it's their license that's on the line, it's their credibility,
- 26:29Speaker 4: it's their patient that they're taking care of. And pharmacists
- 26:34Speaker 4: that I talk with don't even use this as a
- 26:37Speaker 4: speed bump. They're like, listen, AI, this is cool. This
- 26:40Speaker 4: is amazing that it can tap into MediSpan, or it
- 26:43Speaker 4: can tap into an EHR, and it can access and
- 26:46Speaker 4: do all this coupling of information from the patient's record
- 26:51Speaker 4: from ten twenty years ago. And that's great, but I'm
- 26:55Speaker 4: always going to double and triple check it, just like
- 26:57Speaker 4: I would anything, just like I do when a prescription
- 27:01Speaker 4: came through our system ten and twenty years ago. So
- 27:05Speaker 4: I think that of itself helps us to understand the
- 27:08Speaker 4: growing role of the independent standards and the third party
- 27:12Speaker 4: validation and how building trust around AI is part of
- 27:17Speaker 4: the ecosystem of what it means to be a pharmacist.
- 27:20Speaker 4: The most trusted healthcare professional out there by different reports
- 27:27Speaker 4: that have come out over the years. But talk to
- 27:29Speaker 4: us about that, the role of the independent standard.
- 27:31Speaker 6: Yeah, so you know, you talk about licensure and you
- 27:34Speaker 6: talk about liability and those sort of things. I mean,
- 27:36Speaker 6: when I was practicing as a physician, I remember going
- 27:39Speaker 6: to the hospital medical records department when I was new
- 27:41Speaker 6: on staff, and they said, hey, we want to make
- 27:43Speaker 6: a stamp of your signature so we can just sign
- 27:45Speaker 6: your charts for you. And I said nope, I said no,
- 27:49Speaker 6: I worked way too long to get this license to
- 27:53Speaker 6: get you a rubber stamp that looks like I signed something.
- 27:56Speaker 6: One of the things that we do at year AC
- 27:59Speaker 6: is if you look at your certificates, every single certificate
- 28:02Speaker 6: for your AC accreditation, I hand sign here in my
- 28:04Speaker 6: office and and that's because that's me putting my name
- 28:08Speaker 6: down and my credentials down. And that's the model that
- 28:12Speaker 6: we've always had in healthcare is that there's there's a
- 28:14Speaker 6: licensed provider who is responsible for this and has the
- 28:17Speaker 6: final say. Our standards actually reinforce that. You know, we
- 28:21Speaker 6: actually we actually say it's not about a human being
- 28:24Speaker 6: involved in the design. It's a human being involved in
- 28:27Speaker 6: the design, in the training, in the rollout, in the monitoring,
- 28:31Speaker 6: in the program overview, in the quality monitoring, all of
- 28:34Speaker 6: those things. And you know, we're seeing AI tools getting
- 28:38Speaker 6: pushed out to organizations where the liability is all pushed
- 28:42Speaker 6: on the provider, but none of the information needed to
- 28:45Speaker 6: understand that liability goes along with it. And so that's why,
- 28:49Speaker 6: you know, we when we chose to build a program,
- 28:51Speaker 6: we were originally going to build a program that was
- 28:52Speaker 6: just for the users of AI in healthcare. And we
- 28:55Speaker 6: got the users together and they said, yes, we need that.
- 28:57Speaker 6: Please give us some guidance and some standards and some
- 29:01Speaker 6: monitoring of that. But we also need something for the manufacturers.
- 29:04Speaker 6: We need somebody to check on the manufacturers because we can't.
- 29:07Speaker 6: They're not giving us the information that we need to
- 29:09Speaker 6: know if they're if they've looked at data bias, if
- 29:11Speaker 6: they looked at protection of health information if they're clear
- 29:15Speaker 6: in their contracting about who has the liability and how
- 29:18Speaker 6: they're going to keep us on updates. And the other
- 29:20Speaker 6: thing that's really kind of funny is, you know, if
- 29:23Speaker 6: you buy a tool and you roll it into your
- 29:25Speaker 6: workforce and that business is actually you know, sort of
- 29:28Speaker 6: four guys in a garage and they go out of business,
- 29:32Speaker 6: where does that leave you hanging? And so we talk about,
- 29:35Speaker 6: you know, the liability and the responsibility and the business
- 29:38Speaker 6: continuity for those developers. Also, so if I were shopping
- 29:42Speaker 6: these days and I were looking for for somebody who
- 29:44Speaker 6: supplies me with an AI tool, I'd say, are you
- 29:47Speaker 6: accredited by your AQ as a developer? And if they are,
- 29:52Speaker 6: then that's going to support you to be accredited by
- 29:55Speaker 6: IRAQ as a user. And those those things work together,
- 29:59Speaker 6: and they're meant to work together other to protect the
- 30:01Speaker 6: providers and the pharmacists and the patients for doing things
- 30:04Speaker 6: in the right way in this world that's running six
- 30:07Speaker 6: thousand miles an hour.
- 30:09Speaker 5: I love it.
- 30:10Speaker 4: I love this discussion. I love that it's the evidence
- 30:14Speaker 4: based foot forward that pharmacists becoming a pharmacists studying in school,
- 30:21Speaker 4: all of these years of practice has always come back
- 30:25Speaker 4: to that assurance that their decision making is based on
- 30:30Speaker 4: the information, the evidence, the studies, the journals. There's nothing
- 30:34Speaker 4: different here, and it's good to hear an organization like
- 30:39Speaker 4: your AQ that's building those standards and helping us to
- 30:42Speaker 4: understand it so that it's demystifies AI and pharmacy and
- 30:46Speaker 4: it's just another it's another tool that we're going to
- 30:49Speaker 4: continue to mature. I have got to have you back,
- 30:53Speaker 4: doctor Griffin on this Week in Pharmacy.
- 30:55Speaker 5: This has been so much fun. Thank you so much
- 30:57Speaker 5: for being here today DOT.
- 31:00Speaker 6: I appreciate the invite and always happy to speak with
- 31:02Speaker 6: people who have the ear of pharmacists.