Latest / Pharmacy Podcast Network / Data to Impact: Nested Knowledge & the 31-Day Pharmacist Challenge | TWIRx
Transcript
- 0:27Speaker 1: Welcome to your Pharmacy podcast Network. Lots to talk about today,
- 0:37Speaker 1: but first, Hi.
- 0:41Speaker 2: This is Bruce neland I get to be the host
- 0:43Speaker 2: of the Pharmacy Crossroads podcast. Pharmacy Crossroads is proud to
- 0:49Speaker 2: be a member of the Pharmacy Podcast Network and I
- 0:53Speaker 2: can't wait to listen to the next episode of This
- 0:57Speaker 2: Week in Pharmacy.
- 1:00Speaker 3: Hey, thank you Bruce so much for your commitment to
- 1:03Speaker 3: the network for hosting Pharmacy Crossroads over the years. It's
- 1:08Speaker 3: been absolutely terrific. Today we have Keith Kalmus, he's president
- 1:13Speaker 3: of Nested Knowledge. We're gonna be talking about the impact
- 1:15Speaker 3: of artificial intelligence on pharmacy practice. We're also gonna be
- 1:19Speaker 3: talking with Jesse McCullough. Doctor McCullough wraps up the thirty
- 1:23Speaker 3: one day Pharmacist Challenge and bonus guest Matthew Zachary. You're
- 1:29Speaker 3: not gonna want to miss this one. This is gonna
- 1:31Speaker 3: be incredible. We're going to be taking on the PBAM
- 1:35Speaker 3: mafia all today on Twerks Halloween Special. Hey, welcome to
- 2:02Speaker 3: twerks Hope you're having a great week. Hope you have
- 2:05Speaker 3: some interesting plans for today. October thirty, first, twenty twenty five.
- 2:14Speaker 3: It's Friday. It's time to toworks. It's going to be
- 2:16Speaker 3: a big Friday out there throughout the communities. Definitely keep
- 2:21Speaker 3: your ears and eyes open for the craziness. It's Halloween
- 2:24Speaker 3: twenty twenty five. Come in on a Friday to kick
- 2:26Speaker 3: off the weekend, and I can stress some people out,
- 2:32Speaker 3: I know. And we've got trigger traders, and we got
- 2:35Speaker 3: parties and we got people driving and masks and everything.
- 2:39Speaker 3: So just have fun, but be careful. We have so
- 2:44Speaker 3: much to go over today. I'm so excited that you're here.
- 2:47Speaker 3: Thanks for listening to this Week in Pharmacy. First up,
- 2:51Speaker 3: we're going to get into some tworks news. First, we're
- 2:58Speaker 3: going to be talking about out the Flag the heads up,
- 3:06Speaker 3: and that is coming from Pharmacy Practice News, and we're
- 3:11Speaker 3: going to bring this one up first.
- 3:14Speaker 4: Twerk's News from Pharmacy Practice News explores the appropriate use
- 3:17Speaker 4: of the novel antibiotic Sephiderracle in combating multi drug resistant
- 3:21Speaker 4: GRAM negative infections and the growing concern around emerging resistance.
- 3:25Speaker 4: The drug uses a unique trojan horse mechanism, hitching a
- 3:28Speaker 4: ride on bacterial iron transport pathways to overcome resistance mechanisms
- 3:32Speaker 4: such as e flux pumps and beta lactamisases. Real world
- 3:35Speaker 4: surveillance data and clinical trial follow ups suggest good activity
- 3:39Speaker 4: against pathogens like pseudomonis and carbapenum resistant anenterobacterialities. However, the
- 3:44Speaker 4: article emphasizes that sefiderocle's use must be paired with rigorous
- 3:47Speaker 4: antimicrobial stewardship because resistance and treatment failure have already been
- 3:51Speaker 4: documented in certain settings. Pharmacists play a key role in
- 3:54Speaker 4: appropriate patient selection, monitoring, and ensuring optimal use to preserve
- 3:58Speaker 4: its utility. The takeaway suffider rocle offers a promising option,
- 4:02Speaker 4: but only if used judiciously, not as a first line
- 4:05Speaker 4: broad agent, and only within frameworks that guard against further resistance.
- 4:11Speaker 5: Now in October thirtieth, this week in pharmacy news from
- 4:14Speaker 5: Specialty Pharmacy Continuum reports how alternative funding programs arrangements used
- 4:18Speaker 5: by self insured employer health plans to shift specialty drug
- 4:21Speaker 5: costs outside standard pharmacy or medical benefits are increasingly influencing
- 4:26Speaker 5: access to specialty medications. AFPs typically exclude high cost specialties
- 4:30Speaker 5: from benefit coverage, directing patients to third party vendors who
- 4:33Speaker 5: attempt to leverage manufacturer or charitable assistance programs, while employers
- 4:38Speaker 5: may see cost saving appeals. The article highlights risks delayed treatment,
- 4:42Speaker 5: higher out of pocket costs, and burdened assistance programs originally
- 4:45Speaker 5: aimed at uninsured or low income populations. Evidence indicates AFPs
- 4:50Speaker 5: may reduce transparency, undermined benefit design, and potentially bypass regulatory
- 4:54Speaker 5: oversight that governs traditional insurance. The bottom line, AFPs present
- 4:58Speaker 5: a growing access barrier for patients with rare or complex conditions,
- 5:02Speaker 5: shifting cost burdens and complicating care coordination.
- 5:06Speaker 3: Shout out to specialty pharmacy continuing thank you for the
- 5:09Speaker 3: news today. We're going to be doing more with you
- 5:12Speaker 3: in twenty twenty six. This next news is a big one.
- 5:16Speaker 3: You've probably already heard about it.
- 5:18Speaker 6: An alarming update today from the Associated Press. A nationwide
- 5:21Speaker 6: recall has been issued for nearly six hundred thousand bottles
- 5:24Speaker 6: of the blood pressure medication Prosessin hydrochloride following detection of
- 5:28Speaker 6: a potentially cancer causing nitrosimen impurity called N nitrosoprozisin impurity C.
- 5:33Speaker 6: According to the Food and Drug Administration, the batches in
- 5:35Speaker 6: question were produced by Teva Pharmaceuticals USA and were voluntarily
- 5:39Speaker 6: recalled in multiple strengths and bottle sizes. The recall is
- 5:42Speaker 6: classified as Class two, meaning the drug may cause temporary
- 5:45Speaker 6: or medically reversible adverse health issues, but the risk of
- 5:48Speaker 6: serious harm is considered remote. Patients currently taking the recalled
- 5:51Speaker 6: medication are urged not to stop the drug abruptly. Instead,
- 5:54Speaker 6: they should check with their pharmacy and or healthcare provider
- 5:57Speaker 6: to verify whether their lot is affected and discuss safe
- 6:00Speaker 6: alternative therapies. Pharmacists are in a key role to help
- 6:03Speaker 6: identify impacted lots, advise patients, and coordinate product replacement or
- 6:07Speaker 6: therapeutic substitution.
- 6:10Speaker 3: All Right, in rounding out Twark's news today, were digging into.
- 6:14Speaker 7: The last story on today's twerux news is from Pharmacy
- 6:17Speaker 7: Times titled Meeting Patients where they Are How pharmacists are
- 6:20Speaker 7: helping people stay on track with schizophrenia treatment. The article
- 6:23Speaker 7: highlights a pharmacists led program by Genoa Healthcare which focuses
- 6:27Speaker 7: on improving medication adherents for patients with schizophrenia by addressing
- 6:30Speaker 7: the transition from hospital to community care, a high risk
- 6:33Speaker 7: gap in the care continuum. Long acting injectables are used
- 6:36Speaker 7: as a strategic tool to offer consistent medication delivery, reducing
- 6:39Speaker 7: relapse and hospitalization risk in schizophrenia. Genoa's model embeds pharmacists
- 6:44Speaker 7: in mental health center clinics, verifies insurance authorization prior to discharge, schedules,
- 6:48Speaker 7: next injections proactively, and follows up if patient's misappointments. Since
- 6:52Speaker 7: the program launch in twenty twenty three, they have administered
- 6:54Speaker 7: over fifty thousand LA doses across more than seven hundred
- 6:57Speaker 7: and forty pharmacy locations in forty seven states, demonstrating scalable impact.
- 7:01Speaker 7: Pharmacists are positioned as accessible, trusted members of the care
- 7:04Speaker 7: team who can bridge complex access barriers like cost, logistics,
- 7:07Speaker 7: and education. The model shows that proactive, integrated pharmacy based
- 7:11Speaker 7: interventions can support better outcomes and not just medication dispensing.
- 7:15Speaker 7: This approach underscores expanding roles for pharmacists in behavioral health,
- 7:19Speaker 7: especially in community or clinic based settings.
- 7:22Speaker 3: Hey, if you have anything that you'd like to share
- 7:26Speaker 3: on twrque's news. If you're a news organization, if you're
- 7:28Speaker 3: a company and you want to share this, please reach
- 7:31Speaker 3: out to us. Reach out to me at ur EU
- 7:34Speaker 3: r Y at Pharmacy podcast dot com and before we
- 7:39Speaker 3: get into our first feature, we'll be right back. Hey everyone,
- 7:49Speaker 3: it's Todd Uri with the Pharmacy Podcast Network. I could
- 7:52Speaker 3: not be more excited to talk to you that we're
- 7:54Speaker 3: going to be doing the Surecast with sure Cost at
- 7:58Speaker 3: the Insights User comp It's on November thirteenth and fourteenth.
- 8:02Speaker 3: I'm going to be part of this event. I cannot
- 8:04Speaker 3: wait to meet with you, talk with you, leverage data together,
- 8:09Speaker 3: learn how to use data better. And it's going to
- 8:12Speaker 3: be an incredible opportunity to connect with other pharmacy owners
- 8:15Speaker 3: and innovators, colleagues who are all working together for the
- 8:18Speaker 3: same goal helping pharmacies thrive. And what better way to
- 8:22Speaker 3: capture those conversations than a live event that's sure Cast
- 8:27Speaker 3: and I can't wait to bring this to you, sit
- 8:29Speaker 3: down with so many of you. This is going to
- 8:31Speaker 3: be in Nashville, don't forget on November thirteenth through fourteenth,
- 8:35Speaker 3: and there will be a lenk to go to the
- 8:38Speaker 3: registration and we'll see you there.
- 8:50Speaker 8: Asking farmacy, it's so scary dayan Halloween line here at
- 8:59Speaker 8: the Fall Podcast. Nit.
- 9:01Speaker 3: WHOA is that scaring anybody? Is this mask s hearing anybody?
- 9:07Speaker 3: This mask scares the crap out of me. I don't
- 9:10Speaker 3: even want to look at it on camera. Hey, we
- 9:13Speaker 3: have a special guest. He is currently invisible. You can't
- 9:17Speaker 3: even see him up against the brick wall, but he
- 9:21Speaker 3: is a ghost and he's floating around out there because
- 9:24Speaker 3: I want to demystify and make AI less invisible than
- 9:29Speaker 3: what it is, because I want to understand it better.
- 9:31Speaker 3: Keith Calumus from Nesting, Happy Halloween, Happy Halloween. I might
- 9:39Speaker 3: get the stupid mask off of my head now and
- 9:42Speaker 3: start the show. This is This is a good day.
- 9:44Speaker 3: How are you.
- 9:45Speaker 9: I'm doing very well. It's a beautiful day.
- 9:48Speaker 3: What are you gonna do for Halloween tonight? Anything.
- 9:51Speaker 9: I'm gonna go to a conference and then I'm gonna
- 9:53Speaker 9: fly to Italy and then I'm gonna go to another conference.
- 9:56Speaker 3: Yeah, you have been conferencing everywhere. What conferences happen in Italy?
- 10:02Speaker 3: I'm so.
- 10:03Speaker 9: I was just at AVBCC Association of Value Based Cancer Care.
- 10:06Speaker 9: I'm going to AMCP Nexus and then I'm going to
- 10:10Speaker 9: Italy to see my sister, and then I'm going to Isborn.
- 10:13Speaker 10: Right from there to Ispor Scotland.
- 10:15Speaker 9: So I have four conferences in five weeks. Italy is
- 10:18Speaker 9: my week off to spend with my family and then
- 10:20Speaker 9: it's just back to back to back.
- 10:22Speaker 3: That's incredible. That's a lot, a lot of work, a
- 10:24Speaker 3: lot of travel, but you are heating up. I met
- 10:27Speaker 3: you at a conference recently, just earlier this year understood
- 10:32Speaker 3: what nested knowledge is doing to impact healthcare more specifically pharmacy,
- 10:37Speaker 3: especially pharmacy and in the use of accelerating AI into
- 10:41Speaker 3: practice and usage. And I'm excited to feature you again
- 10:46Speaker 3: on this Week in Pharmacy. I want you to give
- 10:49Speaker 3: our listeners just a short overview if they haven't heard
- 10:52Speaker 3: some of our previous episodes. What is nested knowledge tell
- 10:56Speaker 3: us about that?
- 10:58Speaker 9: That's a great question. Nested knowledge, in brief is evidence
- 11:03Speaker 9: synthesis for pharmaceutical and health care providers.
- 11:10Speaker 10: It's a means and a.
- 11:11Speaker 9: Method for taking all of the literature that exists, compiling
- 11:15Speaker 9: and analyzing it in as efficient and comprehensive a way
- 11:20Speaker 9: as possible. That includes things like systematic literature reviews, meta analyses,
- 11:25Speaker 9: targeted reviews, gap assessments all the way up to like
- 11:28Speaker 9: a health technology assessment dossier. For those of you in
- 11:31Speaker 9: the United States like me, something like an a MCP dossier.
- 11:35Speaker 9: So when a pharmaceutical company wants to get reimbursed, they
- 11:41Speaker 9: need to show number one, the unmet clinical need or
- 11:44Speaker 9: the additional clinical utility of a drug. They need to
- 11:47Speaker 9: show the epidemiological burden of illness of the disease that
- 11:50Speaker 9: they're seeking to treat or manage. And they need to
- 11:53Speaker 9: show economic impact, so how much they're going to benefit
- 11:56Speaker 9: the hospital system or the patient with patient as family,
- 12:01Speaker 9: or the society in general. So clinical, epidemiological, and economic benefit,
- 12:05Speaker 9: and that goes into a dossier. And for you pharmacists
- 12:10Speaker 9: out there, all this is upstream of formulay. All this
- 12:13Speaker 9: is upstream of when you're actually able to prescribe a drug.
- 12:17Speaker 9: Evidence synthesis is also key for things like designing real
- 12:20Speaker 9: world evidence protocols. That's what I'm going to be speaking
- 12:22Speaker 9: on at AMCP and NEXUS this week. It's also central
- 12:25Speaker 9: to regulatoic submissions, knowing the existing landscape that's out there.
- 12:29Speaker 9: It's also central to designing clinical trials so you can
- 12:32Speaker 9: align your protocols with previous clinical trials and really optimize
- 12:35Speaker 9: that meta analysis coming down the pipe. It's central to
- 12:37Speaker 9: healthcare decision making, no matter what stakeholder you are, and
- 12:41Speaker 9: we're really in an exciting time. It used to be,
- 12:44Speaker 9: you know, entirely manual. Used to be you went to
- 12:45Speaker 9: a physical library to do it. Then it was you
- 12:47Speaker 9: went to PubMed and pulled things down manually and did
- 12:49Speaker 9: it an excel. And we're now entering the AI age
- 12:52Speaker 9: of evidence synthesis, where you know you can do things
- 12:55Speaker 9: eighty five ninety percent faster and than you could just
- 12:57Speaker 9: two or three years ago.
- 12:59Speaker 3: I like and I like the fact that you are
- 13:03Speaker 3: going full steam ahead. We've here. I've heard from pharmacists.
- 13:07Speaker 3: I've heard from pharmacy owners that they say, does AI
- 13:12Speaker 3: present a threat to the value of our clinicians, to
- 13:16Speaker 3: our pharmacists and for me, in what little I know
- 13:20Speaker 3: from what I've seen different tools in usage, including nested
- 13:24Speaker 3: knowledge impact on our publication through some of the projects
- 13:27Speaker 3: that we're working on that we're going to be releasing
- 13:30Speaker 3: full steam and twenty twenty six, the answer is no.
- 13:34Speaker 3: It's it's a it's an amplifier for an existing in
- 13:39Speaker 3: existing talent and existing experience, and your team is bringing
- 13:44Speaker 3: so much research to the fingertips into the eyes and
- 13:48Speaker 3: ears of our clinicians through through what you've designed. We're
- 13:53Speaker 3: excited about this. Can you give us some examples? Because
- 13:57Speaker 3: you and I met at Asembia twenty twenty five five
- 14:00Speaker 3: earlier this year, can you give us some examples of
- 14:03Speaker 3: how nested knowledge is working. Let's say in specialty pharmacy,
- 14:07Speaker 3: for example.
- 14:08Speaker 9: Absolutely, so the first thing that pops in my mind
- 14:11Speaker 9: because we met it in Vegas, but then we caught
- 14:14Speaker 9: up in Denver at NASP. Something a specially pharmacists would
- 14:20Speaker 9: use does use NSTA knowledge for would be just seeing
- 14:23Speaker 9: what specialty drugs are coming down the pipe, right, So
- 14:26Speaker 9: this could be novel molecules, it could be biosimilars or generics.
- 14:30Speaker 9: Every single manufacturer that wants to sell their products in
- 14:36Speaker 9: the United States is going to have a clinical trial
- 14:38Speaker 9: stuct of registration for their phase one, two three trials
- 14:42Speaker 9: that they're running to get that drug on the market,
- 14:45Speaker 9: and specially pharmacists have every incentive to know what that
- 14:48Speaker 9: pipeline looks like. You know, one, maybe you're looking to
- 14:52Speaker 9: grow your formula. Maybe there's a new molecule that's coming
- 14:54Speaker 9: down the pipe that will lead to a more competitive
- 14:57Speaker 9: market and better pricing for you and your patients. Number Two,
- 15:00Speaker 9: if if you're trying to secure a new important drug
- 15:06Speaker 9: for your specialty pharmacy in competition with other specialty pharmacies
- 15:11Speaker 9: in the area and they're only going to do it
- 15:13Speaker 9: with one or two specialty pharmacies, knowing which manufacturers are
- 15:17Speaker 9: at what point in development for those molecules can be
- 15:19Speaker 9: extremely helpful, and you could just use nested knowledge to
- 15:22Speaker 9: automatically pull every trial in any given therapeutic area diabetes
- 15:30Speaker 9: and obesity, oncology, Crohn's disease, ultratate ladies, et cetera, into
- 15:36Speaker 9: a database and within you know, ten to fifteen minutes,
- 15:40Speaker 9: have a view of the landscape, who's developing, what the sponsors,
- 15:43Speaker 9: the phase, the target patient populations, and that could even
- 15:47Speaker 9: translate down the line into comparative efficacy data.
- 15:50Speaker 10: So if you're.
- 15:52Speaker 9: A pharmacist that's working in P and T because it's
- 15:55Speaker 9: you know, MCP next this week, I have to drop
- 15:58Speaker 9: the P and T aspect of this. When you're looking
- 16:02Speaker 9: at what drug should be un formulary, you want to know, hey,
- 16:04Speaker 9: is this going to serve my patients, and very swiftly,
- 16:08Speaker 9: with a nested DOALAD you can actually get meta analytical
- 16:11Speaker 9: comparative clinical efficacy data to establish non inferiority or superiority
- 16:15Speaker 9: of a new molecule, whereas in the past, you know,
- 16:18Speaker 9: that would have taken a biostatistician something like nine months
- 16:21Speaker 9: and hundreds of thousands of dollars to do. So that's
- 16:24Speaker 9: that's how a specially pharmacists would use us. The last
- 16:27Speaker 9: one I can think of is just for your curiosity.
- 16:29Speaker 9: You know, if you ever just have this idea, I
- 16:31Speaker 9: wonder what the standard of care for this therapeutic area
- 16:35Speaker 9: is and you want to know. You know, that used
- 16:37Speaker 9: to be a sort of shot in the dark with PubMed.
- 16:40Speaker 9: Now you can do it in again minutes and get
- 16:42Speaker 9: the get an AI summary in an AI landscape of
- 16:46Speaker 9: you know what what drugs are used for, what patient
- 16:50Speaker 9: populations in what in what therapeutic area is So yeah,
- 16:53Speaker 9: actually I'm gonna haved one more comment on that around
- 16:56Speaker 9: what you were saying with what how is AI going
- 16:58Speaker 9: to affect practice? We are an enablement technology, we're human
- 17:03Speaker 9: in the loop technology. There's a lot of really cool
- 17:05Speaker 9: aias out there that are just sort of like chatbots
- 17:07Speaker 9: or you can ask them questions and they'll give you references,
- 17:09Speaker 9: and I use those lll ms every day. I think
- 17:11Speaker 9: they're great tools, But when it comes to you know,
- 17:16Speaker 9: systematic decision making, I think is really important that we
- 17:19Speaker 9: have humans in the driver's seat, and what we really
- 17:22Speaker 9: try to do is automate scutwork, automate the you know,
- 17:25Speaker 9: formatting and extraction, so the humans can focus on human
- 17:29Speaker 9: level decision making. And some preliminary data we're we're seeing,
- 17:34Speaker 9: you know, eighty five plus percent time savings versus manual
- 17:37Speaker 9: We've improved accuracy, and I actually think that the latter
- 17:39Speaker 9: piece is more important. AI can not only save you time,
- 17:42Speaker 9: that can actually make you more comprehensive and more accurate
- 17:44Speaker 9: in your in your research.
- 17:46Speaker 3: I also like the fact that if you had a
- 17:49Speaker 3: disease state let's say we're looking at a blood disorder,
- 17:52Speaker 3: we have hyper lipidemia, we have many medications that have
- 17:56Speaker 3: been leveraged at different times of treatment, maybe at the beginning,
- 17:59Speaker 3: middle state, ongoing, something that you're able to do for
- 18:04Speaker 3: the clinician teams and and drill down into as you say, hey,
- 18:08Speaker 3: what are the medications, what are the studies, What are
- 18:12Speaker 3: some of the recent studies that support what I'm looking for,
- 18:16Speaker 3: and you might dial into in the in the scouting.
- 18:19Speaker 3: I love that word, the scouting is and now it
- 18:21Speaker 3: goes out into into where it can to find that information.
- 18:26Speaker 3: I think this becomes more powerful as we start connecting
- 18:29Speaker 3: some of nested knowledge's systems and interfaces to drug database repositories,
- 18:37Speaker 3: information repositories like a Walter's Clue or a big medi
- 18:42Speaker 3: span or something, so that we can source, source, source
- 18:45Speaker 3: and bring things faster to a clinician. And therein lies
- 18:50Speaker 3: also which you said, uh, which is using it as
- 18:56Speaker 3: a way to empower the clinician, But it's up to
- 18:58Speaker 3: the clinician. It's a clinical decision making. We're not taking
- 19:02Speaker 3: anything away from the clinician. We're just giving so much
- 19:05Speaker 3: more faster accessibility of information that they are usually having
- 19:10Speaker 3: to research on their own or sub it out to
- 19:13Speaker 3: someone else to do that research. And I think that
- 19:17Speaker 3: the novelty as well as the current event of things
- 19:22Speaker 3: that are happening in the markets as well as in
- 19:24Speaker 3: specific disease state management is just fascinating of how a
- 19:28Speaker 3: nested knowledge system can assist. So this is powerful. Up
- 19:32Speaker 3: to data, if you will, up to data exactly. I
- 19:36Speaker 3: love it. I can't believe it. You are going to Italy.
- 19:40Speaker 3: Have you ever been to Italy before?
- 19:41Speaker 9: I have thee ided venice in Rome, but I'm doing
- 19:43Speaker 9: Florence this time, so it should be fun.
- 19:46Speaker 3: Yeah. Well, we want to hear about it, so maybe
- 19:49Speaker 3: when you get back you can spend some more time
- 19:51Speaker 3: with us. We're going to bring on a pharmacist with
- 19:53Speaker 3: you or maybe even a couple that are interested in
- 19:57Speaker 3: leveraging AI, as well as maybe some of the organizations
- 20:01Speaker 3: and people that you've worked with in the past, so
- 20:03Speaker 3: that they can start building contextual comparison of what nested
- 20:07Speaker 3: Knowledge has done to amplify, to speed up, to support
- 20:13Speaker 3: our pharmacists, clinicians and dialing into better patient care. This
- 20:19Speaker 3: is fascinating, excellent all look Yeah, Happy Halloween. I hope
- 20:25Speaker 3: you get some trick or treat candy tonight and and
- 20:28Speaker 3: and have a safe trip to Italy.
- 20:31Speaker 9: Happy Higoween, Todd, thanks so much for having me on.
- 20:34Speaker 3: Hey, we will be right back with more Twarks.
- 20:42Speaker 11: As frontline healthcare providers, pharmacists like you understand the importance
- 20:46Speaker 11: of personalized care, especially in acute pain management. You role
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- 21:13Speaker 11: and join the ranks of pharmacists leading away in personalized care.
- 21:17Speaker 11: To learn more about you Ral Pharma and its products,
- 21:20Speaker 11: including full prescribing information, boxed warnings, and important safety information,
- 21:25Speaker 11: visit Eurylpharma dot com That's why a rl Pharma dot
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- 21:37Speaker 12: Hello Pharmacy Podcast Network, and welcome back to the thirty
- 21:41Speaker 12: one day American Pharmacist Month Challenge. I'm your host, Jesse McCullough,
- 21:45Speaker 12: and here we are. We are on the last day
- 21:49Speaker 12: of the thirty one day Challenge. I got to start
- 21:51Speaker 12: off just by saying thank you. I cannot tell you,
- 21:54Speaker 12: I can't even put into words how thankful I am
- 21:58Speaker 12: to everybody who has participate into this challenge. I can't
- 22:01Speaker 12: put into words how thankful I am for all the
- 22:04Speaker 12: guests that have come on the challenge to share these
- 22:06Speaker 12: just different, wonderful challenges. I really wish I could pick
- 22:09Speaker 12: out what my favorite challenge has been over the course
- 22:12Speaker 12: of the last thirty one days, and of course being
- 22:15Speaker 12: here with a special sort of bonus challenge if you will,
- 22:19Speaker 12: on the Pharmacy Podcast Network. Let me also just say
- 22:23Speaker 12: thank you so much to the Pharmacy Podcast Network for
- 22:26Speaker 12: giving me this platform to share these extra challenges with you,
- 22:30Speaker 12: my colleagues and brothers and sisters in the world of pharmacy.
- 22:35Speaker 12: I hope you have found some value in any of
- 22:38Speaker 12: all the challenges that you have participated in over the
- 22:41Speaker 12: course of the Over the course of the last month,
- 22:45Speaker 12: I've spent a lot of time this evening just thinking
- 22:48Speaker 12: what's the last challenge that I share with you, the
- 22:54Speaker 12: viewers and listeners of the Pharmacy Podcast Network. And I've
- 22:58Speaker 12: gone back and forth. I said, well, maybe I'll even
- 22:59Speaker 12: give a challenge. I mean, the last official challenge dropped
- 23:02Speaker 12: this morning at six am. Maybe you don't even have
- 23:06Speaker 12: the appetite for another challenge. And I thought, well, maybe
- 23:11Speaker 12: maybe it's something like this. Maybe maybe it's not so
- 23:15Speaker 12: much a challenge as it is an invitation. Maybe maybe
- 23:19Speaker 12: it's an invitation that as we bring American Pharmacist Month
- 23:22Speaker 12: to a close, maybe we need to have an invitation
- 23:25Speaker 12: so that when we get back to American Pharmacist Month
- 23:28Speaker 12: in twenty twenty six, we can say, wow, look.
- 23:31Speaker 3: At all of the ground we have covered.
- 23:35Speaker 12: Now, I want to share with you a story that
- 23:38Speaker 12: my mentor, Mark Cole shared with me several years ago. Now,
- 23:45Speaker 12: Mark said, Jess, everyone deserves to be led well. And
- 23:51Speaker 12: for those of you that aren't real familiar with, you know,
- 23:53Speaker 12: my space in the world of pharmacy. My space is
- 23:57Speaker 12: to help pharmacists improve their leadership skills so that they
- 23:59Speaker 12: can lead themselves, their teams, and their patients better. And
- 24:05Speaker 12: way back, you know, several years ago, Mark said to me, Jess,
- 24:10Speaker 12: everyone deserves to be led well, and that that just
- 24:14Speaker 12: seemed that seemed pretty steep to me at the time.
- 24:17Speaker 12: And the way that I had to wrestle with that
- 24:21Speaker 12: is I had to sort of turn it upside down
- 24:23Speaker 12: and I had to well, I said, well, maybe maybe
- 24:26Speaker 12: not everybody deserves to be led.
- 24:28Speaker 1: Well.
- 24:28Speaker 12: Let me make a list of those people who deserve
- 24:32Speaker 12: to not be led well, Like, who are the folks
- 24:34Speaker 12: that we can get away with leading poorly? And I
- 24:38Speaker 12: sat there with a blank piece of paper, and after
- 24:42Speaker 12: quite a bit of time. I had to sort of
- 24:44Speaker 12: concede that I couldn't put any name on that list
- 24:48Speaker 12: right now. I don't know what area of the world
- 24:51Speaker 12: of pharmacy that you where you operate in, but I'm
- 24:55Speaker 12: going to tell you the people that you work with,
- 24:57Speaker 12: every one of them deserves to be led, well, every
- 25:02Speaker 12: one of them. It doesn't it doesn't matter what's going on.
- 25:04Speaker 12: They all deserve to be led well. They all they
- 25:06Speaker 12: all deserve to define themselves in a better situation, you know,
- 25:10Speaker 12: after they've had a conversation with you than before.
- 25:13Speaker 3: Right.
- 25:14Speaker 12: So, I think that's what I want to give you today.
- 25:17Speaker 12: And if you want to, you know, make this a challenge,
- 25:19Speaker 12: you can make this a challenge. But I would encourage
- 25:22Speaker 12: you to write these words down, and it's that everyone
- 25:26Speaker 12: deserves to be led well. And you know, I would
- 25:29Speaker 12: go so far if you if you really need to emphasize,
- 25:31Speaker 12: feel free to underline any or all of those words. Right,
- 25:35Speaker 12: everyone deserves to be led well. Now the invitation comes
- 25:42Speaker 12: from this. It's so while we can, we can agree,
- 25:46Speaker 12: and I think we could probably come to relatively quick
- 25:48Speaker 12: agreement that everyone deserves to be led well. I think
- 25:53Speaker 12: we can look and we can see that there's a
- 25:54Speaker 12: lot of people who aren't. I think we can find
- 25:57Speaker 12: evidence of people who, you know, they find themselves in
- 26:02Speaker 12: a place of struggle because they are not being led well.
- 26:06Speaker 12: And to that end, let me invite you, dear listener,
- 26:11Speaker 12: Let me invite you, dear viewer, however it is that
- 26:13Speaker 12: you're consuming this episode of this Week in Pharmacy, let
- 26:17Speaker 12: me invite you to be part of a community where
- 26:20Speaker 12: we improve our leadership skills. Now, you may already have
- 26:24Speaker 12: a plan, and I certainly hope that you do have
- 26:26Speaker 12: a plan to improve your leadership skills. So just that
- 26:28Speaker 12: in my experience, the overwhelming majority of people don't. In
- 26:34Speaker 12: my experience, pretty much less than five percent of people
- 26:38Speaker 12: have any type of plan to do that. And so
- 26:43Speaker 12: to that end, I want to invite you into a
- 26:44Speaker 12: community where you can begin to build those build those skills,
- 26:50Speaker 12: and you can begin to understand the principles and the
- 26:53Speaker 12: foundations that are going to allow you to lead people well. Again,
- 26:57Speaker 12: everyone deserves to be led well. And so I'm going
- 27:02Speaker 12: to send Todd. I'm going to send you the link. Right,
- 27:06Speaker 12: I'm gonna ask that you share this link out with
- 27:09Speaker 12: with with this episode of this Week in pharmacy and
- 27:12Speaker 12: I invite people be part of that. We have well
- 27:16Speaker 12: the thirty one Day Challenges wrapping up our next event
- 27:19Speaker 12: with to help pharmacy leaders improves. That's just a couple
- 27:24Speaker 12: of days away, and I would love to have you
- 27:26Speaker 12: in that to help you grow those skills so that
- 27:30Speaker 12: you can have the impact that I know you want
- 27:32Speaker 12: to have on all the people around you. So with that,
- 27:37Speaker 12: I would also be curious for this for those of
- 27:39Speaker 12: you that have participated in the challenge, and I want
- 27:41Speaker 12: you to I've got all sorts of stories that I'll
- 27:43Speaker 12: need to share. I'm gonna have to I'm gonna have
- 27:45Speaker 12: to write these down, but I'd be really curious to
- 27:48Speaker 12: hear from you participant challenger in the thirty one Day Challenge,
- 27:53Speaker 12: what has been your favorite challenge so far? And I
- 27:58Speaker 12: would love to hear just your success stories and you
- 28:00Speaker 12: know some of the impact that some of these challenges
- 28:02Speaker 12: have had on you, because I'm going to tell you,
- 28:05Speaker 12: I am hard pressed to tell you which one is
- 28:07Speaker 12: the best challenge. Each one of those everyone that we
- 28:10Speaker 12: had a guest on, those people brought their a game
- 28:14Speaker 12: and so I would also encourage you to reach out
- 28:16Speaker 12: to those to those guests on the thirty one Day Challenge,
- 28:20Speaker 12: let them know that you appreciate just to challenge how
- 28:23Speaker 12: they how they pushed you in some way to improve
- 28:27Speaker 12: your to improve your skills, to improve your impact that
- 28:29Speaker 12: you can have in pharmacy. I think I'm gonna wrap
- 28:33Speaker 12: it up there, Todd, thank you so much for giving
- 28:37Speaker 12: me this opportunity to share parts of the thirty one
- 28:40Speaker 12: day Challenge with this week in Pharmacy audience and on
- 28:43Speaker 12: the Pharmacy Podcast Network. And if we are not yet connected,
- 28:47Speaker 12: I invite you to connect with me on LinkedIn. That's
- 28:49Speaker 12: probably the easiest place to connect with me, and I
- 28:51Speaker 12: very much you know, challenge you to recognize that everyone
- 28:55Speaker 12: deserves to be led well. And if you don't have
- 28:57Speaker 12: that plan to improve your leadership skills, I want to
- 29:00Speaker 12: invite you into a community where you can help, where
- 29:03Speaker 12: you can get started right away to develop those skills.
- 29:07Speaker 12: So with that, Todd, I'm going to wrap up my
- 29:09Speaker 12: segment here and I'm going to send it back to you.
- 29:11Speaker 12: Thank you, everybody, have a great day.
- 29:16Speaker 11: Feeling lost with the complexities of pharmacy accounting.
- 29:20Speaker 13: In pharmacy today, there's so many different variables and issues
- 29:25Speaker 13: that impact the pharmacy, books, records, accounting, the profitabilities, so
- 29:29Speaker 13: or so forth. There's different components of pharmacy that have
- 29:32Speaker 13: its own nuances from an accounting standpoint, and so it's tricky,
- 29:36Speaker 13: there's no doubt about it.
- 29:37Speaker 11: Ready to take your pharmacy to the next level, but
- 29:40Speaker 11: don't know where to start. Psychs and Company is here
- 29:43Speaker 11: to help, introducing the RX Assessment. With the RX Assessment,
- 29:47Speaker 11: the pharmacy CPAs and advisors at PSYCHS will do a
- 29:50Speaker 11: deep dive into your accounting and tax situation and give
- 29:53Speaker 11: you the action steps you need to take to take
- 29:56Speaker 11: your pharmacy to the next level.
- 29:58Speaker 13: If you're interested in, you know, working with a team
- 30:01Speaker 13: who understands the industry and how the accounting in tax
- 30:05Speaker 13: should really be in a pharmacy, this is your chance
- 30:09Speaker 13: to get under the hood check of what's going on
- 30:11Speaker 13: and getting the feedback of any issues or concerns or
- 30:14Speaker 13: again things we think are doing really.
- 30:16Speaker 11: Well with get the financial check up your pharmacy needs
- 30:19Speaker 11: and head over to Sykes HYPHENCPA dot com or call
- 30:22Speaker 11: two five to two four eight two seven six four four.
- 30:41Speaker 3: Continuing with the Halloween theme, anybody gets scared when you
- 30:44Speaker 3: heard that it's Halloween. Come on, do you have fun?
- 30:49Speaker 3: Anybody have any masks out there? Certainly I hope you
- 30:52Speaker 3: don't have a mask on while you're driving, unless, of course,
- 30:55Speaker 3: it has really good eye holes. Something that's scary to
- 30:59Speaker 3: me the continuing beating up of our industry and our
- 31:04Speaker 3: pharmacist and our pharmacy owners and the profession.
- 31:08Speaker 10: Where was.
- 31:11Speaker 3: A podcast I was very excited to get. It was
- 31:14Speaker 3: one of the best podcasts we had ever done. It
- 31:17Speaker 3: was around Mark Cuban Cost Plus Drugs when they first started,
- 31:23Speaker 3: and it was quite amazing to get Alex Oshmowsky, which
- 31:32Speaker 3: is doctor Oshmoski, who's the CEO of the Cost Plus Drugs,
- 31:38Speaker 3: And it was back in January of twenty twenty one
- 31:42Speaker 3: when I had an opportunity to interview him, and it
- 31:45Speaker 3: was just phenomenal. Well, we have a post by a
- 31:48Speaker 3: close friend of mine, somebody who's a content developer that
- 31:51Speaker 3: I look up to. He set the world on fire
- 31:54Speaker 3: and podcasting on fire. Matthew Zachary, welcome back to twerks.
- 31:59Speaker 5: It is my Todd.
- 32:01Speaker 3: It's good to have you. I tell you what. This
- 32:03Speaker 3: post that you put out is currently on fire. If
- 32:07Speaker 3: you haven't read this you definitely if you're on LinkedIn,
- 32:10Speaker 3: you have to get on LinkedIn look for Matthew Zachary
- 32:16Speaker 3: z A C h A R Y Matthew Zachary and
- 32:20Speaker 3: you'll see a post that he has out there that
- 32:23Speaker 3: is about Mark Cuban getting an opportunity to talk to
- 32:26Speaker 3: lobbyists in Congress and getting deeper into the truth about
- 32:34Speaker 3: PBMs and how they've, for lack of a better term,
- 32:38Speaker 3: and it's a horrible term, but they've they've raped the
- 32:41Speaker 3: profession of pharmacy in many many ways and destroyed businesses
- 32:45Speaker 3: and destroyed lives and didn't give the coverage that they
- 32:49Speaker 3: wanted to, and it's really just about profit. And Mark
- 32:52Speaker 3: is taking a position that he started a long, long
- 32:55Speaker 3: time ago. Like I said twenty twenty one, I think
- 32:59Speaker 3: Alex you know, was just starting up. And now this
- 33:02Speaker 3: organization is not only is catching fire for him personally
- 33:06Speaker 3: and his continuing success, but more importantly, it's trickling over
- 33:11Speaker 3: into exposing what these PBMs have been doing. And I
- 33:15Speaker 3: read your article and I just think it was absolutely fascinating,
- 33:18Speaker 3: and so did three hundred thousand other people who have
- 33:23Speaker 3: looked at this post. I can't believe how popular. There's
- 33:25Speaker 3: almost a half million impressions, so that's incredible.
- 33:29Speaker 10: I was not expecting the response to this. I mean,
- 33:35Speaker 10: people like me not usually talking about Mark Cuban. We're
- 33:38Speaker 10: living in the trenches of just trying to patch holes
- 33:41Speaker 10: in the dam and make sure people are not nearly
- 33:44Speaker 10: as screwed by the system as they are currently. But
- 33:48Speaker 10: I've been listening to him. Honestly, I love that your show.
- 33:52Speaker 10: I listened to your I was your listener on the
- 33:55Speaker 10: show with cost plus and just getting a sense of
- 33:59Speaker 10: his concers side, not his Wall Street Dallas Maverick's side.
- 34:05Speaker 10: I'm convinced he has no idea what the downstream effect
- 34:09Speaker 10: is of his calling bullshit out on industry. He doesn't
- 34:13Speaker 10: understand the impact it is having in the patient advocate
- 34:18Speaker 10: and the enterprise patient advocate space. So I just had
- 34:22Speaker 10: to chime in after I watched his testimony calling bullshit
- 34:27Speaker 10: on these PBMs that are harming Americans every possible way
- 34:32Speaker 10: they can, more than the other systems are trying to
- 34:34Speaker 10: harm patients, and I just leaned into what he said,
- 34:39Speaker 10: and I said, you are becoming the patron saint of
- 34:41Speaker 10: patients without realizing what the hell you're doing. So let's
- 34:45Speaker 10: stop solely focusing on the growth gains and the market
- 34:51Speaker 10: shifting and the opinions on Wall Street and look at
- 34:54Speaker 10: what the American citizens can get out of the fact
- 34:56Speaker 10: that you are doing this. And sure enough, actually I
- 35:00Speaker 10: put the right AI image up with the right tone.
- 35:03Speaker 10: I tagged No. One in the post, and it just
- 35:06Speaker 10: became my most viral content on LinkedIn in twenty years.
- 35:11Speaker 3: Yeah, it's amazing, and it brought a lot of attention
- 35:14Speaker 3: to some of the organizations and people that have now
- 35:19Speaker 3: engaged and have read it. I've heard from one of
- 35:22Speaker 3: my clients that read it. A very important client to
- 35:25Speaker 3: us that is in the heart of independent community pharmacy,
- 35:28Speaker 3: which is the independent Pharmacy Cooperative, was educating them Matthew
- 35:34Speaker 3: on the importance of being involved in HLTCH or some
- 35:37Speaker 3: people say health going and they met weight watchers, and
- 35:43Speaker 3: they met Best by Health, and they met payers and
- 35:46Speaker 3: big companies and independent pharmacy. Up until last year, never
- 35:50Speaker 3: had an organization that said, hey, here's a bunch of
- 35:53Speaker 3: privately pharmacy owners that are also involved in this bigger ecosystem.
- 35:58Speaker 3: I was very and I think Alex the CEO of
- 36:03Speaker 3: Cost Plus Drugs I think he holds this against me
- 36:06Speaker 3: because I haven't gotten any follow up on that podcast
- 36:09Speaker 3: for the last four years. So this is a mistake
- 36:12Speaker 3: that I made and being too harsh. But in the beginning,
- 36:16Speaker 3: when they were starting this whole cost plus drugs, I
- 36:19Speaker 3: did not trust Mark Cuban, you know, as a humanitarian,
- 36:24Speaker 3: and he really is. And I want to apologize in
- 36:27Speaker 3: the way that I handled that originally, just publicly, and
- 36:30Speaker 3: what I said was this is just a ploy and
- 36:33Speaker 3: just a strategy to try to get into the market
- 36:36Speaker 3: of pharmaceutical distribution in pharmacy, just like Amazon, just like
- 36:41Speaker 3: and I was kind of mad about it, and I said,
- 36:43Speaker 3: the only way that you could prove to me that
- 36:46Speaker 3: this was super sincere and looking out for what's the
- 36:50Speaker 3: best in the whole ecosystem doesn't mean you can't make profit.
- 36:53Speaker 3: Of course, you know, make some profit, but not at
- 36:56Speaker 3: the volume of what PBMs are doing. But I said,
- 36:58Speaker 3: the only way that he could prove this to me
- 37:00Speaker 3: is if they embraced independent community pharmacy and teamed up
- 37:04Speaker 3: with them to assure that the communities that they're trying
- 37:08Speaker 3: to literally save because it's the only provider of healthcare
- 37:12Speaker 3: in the entire twenty mile radius in the middle of Buntuck,
- 37:16Speaker 3: you know, Orlando or I want to go to talk
- 37:21Speaker 3: where the hell is But I'm just saying it's It
- 37:24Speaker 3: was frustrating me because I thought it was a mega move,
- 37:27Speaker 3: a mega profit move again, and now I know it wasn't.
- 37:31Speaker 3: And I want to be And he's a badass, and
- 37:34Speaker 3: and he's using his he doesn't I don't even think
- 37:37Speaker 3: he not that he doesn't care about money. I'm sure
- 37:39Speaker 3: he does, but I don't think this is really that.
- 37:41Speaker 3: That's not his foot and I'm looking at your post
- 37:44Speaker 3: and his foot sticking out, so it makes sense to
- 37:47Speaker 3: say that. But I don't think he's stepping on on
- 37:51Speaker 3: into the into the pharmacy sector. It wasn't about being profitable.
- 37:56Speaker 3: It was about, hey, we could do this and still
- 37:59Speaker 3: make money much as they are. It's just a flat
- 38:01Speaker 3: fee and it's you know, but I wanted them to
- 38:04Speaker 3: embrace independent community pharmacy. And guess what. He has shown
- 38:07Speaker 3: up in the space of privately owned pharmacy now several times,
- 38:12Speaker 3: including on a podcast with one of my clients called
- 38:15Speaker 3: Psychs and Company. And now I'm like, I have all
- 38:18Speaker 3: the respect in the world for him, because he's come
- 38:20Speaker 3: full circle in realizing that we have to do this together,
- 38:25Speaker 3: hospital systems and specialty pharmacy, which I know you don't
- 38:28Speaker 3: like that word, community pharmacy, independence, even our chains. We
- 38:33Speaker 3: have to show up and we have to work together,
- 38:35Speaker 3: and he's ready to do that. I really believe he.
- 38:37Speaker 10: Is the answer to all of that is absolutely yes.
- 38:43Speaker 10: I don't know if you should apologize. I think it's
- 38:45Speaker 10: good to be skeptical at the start and then let
- 38:50Speaker 10: them prove themselves afterwards, believing in good intentions. It should
- 38:54Speaker 10: be earned, not automatically given. So forgive yourself for to
- 39:00Speaker 10: apologize to them. We should be angry and skeptical. Well,
- 39:03Speaker 10: here's another for profit scandal going to rape the country. No,
- 39:07Speaker 10: prove yourself that you're better than everything else, and they
- 39:09Speaker 10: did just that. I have been very reserved in chiming
- 39:13Speaker 10: in on what Cuban's attentions have been, but his testimony
- 39:18Speaker 10: was just scathing against fraud, waste, and abuse, which apparently
- 39:23Speaker 10: are the terms these days we're supposed to use. But
- 39:26Speaker 10: this is truly where it actually is. There is no
- 39:30Speaker 10: need for these middlemen to exist in our country. There
- 39:33Speaker 10: is no economic gain to citizens for this to exist
- 39:36Speaker 10: in our country. This is harm. This is nothing more
- 39:39Speaker 10: than harm to Americans that this exists. So I will
- 39:45Speaker 10: worry it. I don't believe he truly understands the depth,
- 39:50Speaker 10: breadth and heft of the impact, reputation and the patron sainthoodness.
- 39:57Speaker 10: If I could go in a therm that he's downstream
- 40:00Speaker 10: to the average citizen, and he has an opportunity to
- 40:04Speaker 10: engage with the average citizen now to understand what we
- 40:08Speaker 10: need to get done, to support what he needs to
- 40:10Speaker 10: get done. It's finally a billionaire on the side of
- 40:13Speaker 10: consumer protection.
- 40:16Speaker 3: Yeah, and the timing couldn't be better, Matthew, because the
- 40:21Speaker 3: back of the backs are being broken of these big
- 40:25Speaker 3: three PBMs who thought they were constantly staying one step
- 40:30Speaker 3: ahead of the lawyers and spending multi billions of dollars
- 40:34Speaker 3: in lobbying, and when the NCPA was like a fraction
- 40:37Speaker 3: of that being able to lobby, And now the ten
- 40:42Speaker 3: percent of the total pie of all this lobbying money
- 40:45Speaker 3: is finally seeping into the cracks that have been created
- 40:50Speaker 3: now to have someone at his level from a public perspective,
- 40:55Speaker 3: bringing attention to it. It's that final boss in the
- 40:59Speaker 3: video game that you come up again and the last level, Yes, exactly,
- 41:05Speaker 3: and the big boss is Mark Cuban. So yeah, I mean,
- 41:09Speaker 3: I'm going to do everything I can to connect people
- 41:11Speaker 3: to listening to this from the consumer perspective and letting
- 41:14Speaker 3: them understand PBMs are are purposely confusing that they do
- 41:20Speaker 3: not want the public to understand what they do with
- 41:22Speaker 3: tax money and with money that your grandmother desperately needs
- 41:26Speaker 3: to cover her meds and she can't because she can't
- 41:29Speaker 3: afford it anymore. And it's all being sucked sucked up
- 41:32Speaker 3: into the vacuum of profit. And they didn't even go
- 41:36Speaker 3: to they didn't even do a good job in the
- 41:38Speaker 3: last three years hiding it. And when these analysts, drug
- 41:43Speaker 3: channels and you know and three three something advisors, Antonio
- 41:51Speaker 3: Chucha and all these people that were the insiders, They've
- 41:54Speaker 3: been chiming on this for ten years. You have been
- 41:57Speaker 3: chiming on it for twenty years, and now a sudden
- 42:01Speaker 3: all of this chipping away. It's I'm finally at a
- 42:04Speaker 3: place in my twenty two year career in pharmacy where
- 42:08Speaker 3: I see major things taking place and changes happening.
- 42:12Speaker 10: Yeah, at the end of the day, you know, I've
- 42:16Speaker 10: been trickling out very slowly to the industry, but I've
- 42:18Speaker 10: been fermenting for the last year and a half, which
- 42:20Speaker 10: is the very idea. It basically flies in the face
- 42:23Speaker 10: of what we have been calling patient advocacy for twenty
- 42:26Speaker 10: five years, which is we are always on the defensive
- 42:30Speaker 10: on the receiving end of fuckery, and we have to
- 42:33Speaker 10: just take it and hope Hill they solves a problem
- 42:35Speaker 10: with a state reconciliation budget that works with either HIPPO
- 42:39Speaker 10: or the FDA or OCS or CMS or whatever it is,
- 42:45Speaker 10: and that like our voice is met or I don't
- 42:47Speaker 10: believe that exists anymore. I don't think our voice is
- 42:49Speaker 10: matter at all. You've never had power. We've always been
- 42:53Speaker 10: on the defensive. And what is going to give Americans power,
- 42:57Speaker 10: not just patients, pharmacists, men profess. What is going to
- 43:01Speaker 10: give us power is voting. And until now, we've never
- 43:05Speaker 10: had the opportunity to be considered an electorate, to be
- 43:09Speaker 10: considered a voter block. There's never been anything in this
- 43:12Speaker 10: country that equivoc caps to our planned parenthood or the
- 43:16Speaker 10: NRA for patient rights. It's nice to write up a
- 43:19Speaker 10: patient manifesto or a cancer patient rights thing nothing matters
- 43:23Speaker 10: unless Ita hays the teeth of the fear of getting elected.
- 43:28Speaker 10: And at the end of the day, that is what
- 43:29Speaker 10: I've been building, and I'm happy to reveal a little
- 43:31Speaker 10: more breadcrumbs here on your show.
- 43:34Speaker 8: Well, I love it.
- 43:35Speaker 3: I mean, dive into some of the things you're kind
- 43:38Speaker 3: of setting stage because you've given me a preview of
- 43:41Speaker 3: twenty twenty six. And I want to be a part.
- 43:44Speaker 3: I mean, I want us all to be a part.
- 43:45Speaker 3: I want as many pharmacists and pharmacy professionals to be
- 43:49Speaker 3: a part of it. I think it's fascinating.
- 43:51Speaker 10: Well, the teaser is it's called We the Patients. It's
- 43:55Speaker 10: wethepatients dot org, not dot com. Don't search for it.
- 43:59Speaker 10: We're not on SEO, would Google yet, but just like
- 44:02Speaker 10: way Thepatients dot organ your browser or whatever, and you'll
- 44:04Speaker 10: see what we're up to. We're not quite read like
- 44:06Speaker 10: Second City, not quite ready for primetime. But at the
- 44:09Speaker 10: end of the day, no one has ever organized the
- 44:13Speaker 10: patient community, the cancer community, the medical community into a
- 44:17Speaker 10: voter block. The question is, once we're formed as a
- 44:20Speaker 10: voter block, what do we want Because then we get
- 44:24Speaker 10: to write the laws, we get to get the hill days,
- 44:26Speaker 10: we get to talk to our elected officials. We get
- 44:29Speaker 10: to groom candidates and endorse candidates like any other pack
- 44:32Speaker 10: would do. And I believe the first step here is
- 44:36Speaker 10: to look at the simplest solution that is pro corporate,
- 44:39Speaker 10: which is consumer protection loans that the states that ban
- 44:43Speaker 10: patients from getting abused by the system in a way
- 44:46Speaker 10: that saves the state money while at the santem also
- 44:50Speaker 10: benefits the payer industry and eliminates middlemen. So we are
- 44:55Speaker 10: looking at consumer protection laws at the state level that
- 44:59Speaker 10: manned health economic benefits by doing X, Y and z
- 45:03Speaker 10: to benefit patients and providers in that state. And this
- 45:07Speaker 10: is unprecedented in American history. No one has ever put
- 45:12Speaker 10: together an organized voter block of millions of Americans on
- 45:16Speaker 10: the single most bipartisan purple issue in America. Should anyone
- 45:21Speaker 10: die because United Healthcare says no?
- 45:25Speaker 12: Yeah?
- 45:26Speaker 3: Bill Schmidtnick has been on the show several times and
- 45:28Speaker 3: the loss of his son, Cole, he lost because of
- 45:32Speaker 3: a PBM way of doing business. And if that would
- 45:38Speaker 3: have been, you know, in the hands of a of
- 45:41Speaker 3: a non change publicly traded pharmacy, if it would have
- 45:45Speaker 3: been in the hands of an independent Cole would still
- 45:47Speaker 3: be here because that independent would have said, hey, here's
- 45:49Speaker 3: you're Inhaler. We're going to get this taken care of
- 45:51Speaker 3: later because your insurance is really jacked up right now,
- 45:54Speaker 3: we'll follow up with it. And that's not what happened.
- 45:57Speaker 3: And to have that happen, and to know now somebody
- 46:01Speaker 3: that I now consider a friend and we were we
- 46:03Speaker 3: did some some recordings and him and his family are
- 46:08Speaker 3: now deep into pharmacy transformation and PBM reform And why
- 46:12Speaker 3: does it take that? Why does it Why do things
- 46:15Speaker 3: like that have to happen to get things to change,
- 46:18Speaker 3: And it's just dumb. So I mean, it's it's great
- 46:22Speaker 3: that you're involved in it because if we have additional
- 46:25Speaker 3: hammers in this fight, I want the m z U
- 46:29Speaker 3: the mz hammer coming down uh in helping because you've
- 46:32Speaker 3: brought so many voices, uh, for purpose and for traction
- 46:37Speaker 3: and for everything from that patient's perspective of what you
- 46:40Speaker 3: went through with your own cancer survival and now you
- 46:44Speaker 3: know it's it's spreading. So this is the perfect time
- 46:47Speaker 3: to be a part of this.
- 46:49Speaker 10: Yeah. So the breadcrumb ask of your viewers and your
- 46:52Speaker 10: listeners and your network is to get ready for America
- 46:56Speaker 10: to transform next year for the first time in history
- 47:00Speaker 10: and create a voter block of millions that are going
- 47:04Speaker 10: to demand protections and not reconciliations, and we meet it.
- 47:09Speaker 10: We have teeth, which is as a cheche terminal use
- 47:13Speaker 10: very sparingly. We have teeth, and we can be an electorate.
- 47:17Speaker 10: We can be surveying and studying and polling and ask
- 47:20Speaker 10: questions and write laws and talk to our elected officials
- 47:24Speaker 10: like we have power. And this is not like a
- 47:27Speaker 10: twenty six twenty eight thirty. This is mid year ballots
- 47:32Speaker 10: that get put up there with sponsors who want to
- 47:35Speaker 10: get re elected based on specific single issues. This is
- 47:40Speaker 10: really happening right now, and we're not pulling a trigger yet.
- 47:44Speaker 10: We are asking people to basically eat the breadcrumbs, get
- 47:49Speaker 10: a sense of what this is going to be, and
- 47:52Speaker 10: want to attach themselves to a movement that's never existed before.
- 47:57Speaker 3: It's awesome. It's awesome. We'll be helping out hope to
- 48:01Speaker 3: have you back on twerks and we'll have a couple
- 48:05Speaker 3: pharmacy industry professionals participating in the discussion around what this
- 48:10Speaker 3: means for.
- 48:10Speaker 10: Health and Mark Cuban Mark if you're listening get on
- 48:14Speaker 10: back to bandwagon.
- 48:16Speaker 3: That's right. Come on twerks, Yes, come on ts Hey,
- 48:21Speaker 3: We'll be right back with Mark twers Matthew. Thank you
- 48:24Speaker 3: so much for this time my pleasure.
- 48:26Speaker 10: Thank you, tud.
- 48:36Speaker 11: This episode is sponsored by Independent Pharmacy Cooperative, widely known
- 48:40Speaker 11: as IPC. Established in nineteen eighty three, IPC is the
- 48:43Speaker 11: nation's largest group purchasing organization owned by independent pharmacy with
- 48:48Speaker 11: a mission of maximizing the success of community pharmacists. IPC
- 48:52Speaker 11: works to provide members with access to effective programs and
- 48:55Speaker 11: services designed to enhance profitability for independent pharmacy. Read more
- 49:00Speaker 11: about our mission by checking out our website at ipc
- 49:03Speaker 11: our x dot com. That's ipcrx dot com.
- 49:20Speaker 3: This has been a fun episode for me. I want
- 49:23Speaker 3: to thank you so much for listening. And before you go,
- 49:28Speaker 3: I want you to think about something. I want you
- 49:30Speaker 3: to think about the impact that you're actually having on
- 49:33Speaker 3: people's lives. You are having impact on people who need
- 49:38Speaker 3: you right now. Our government, why is it always so
- 49:42Speaker 3: jacked up? Our government just seems to always shortfall the people,
- 49:49Speaker 3: and especially the people that are paying all the taxes,
- 49:51Speaker 3: like me paying all those taxes. So we have to
- 49:55Speaker 3: pick up the slack. I have to pick up the slack.
- 49:57Speaker 3: We have to think of how do we use this
- 50:00Speaker 3: network to get to physicians, how do we get this
- 50:03Speaker 3: network and supporting insurance companies who are doing the right thing,
- 50:07Speaker 3: and they're out there, independent, independently owned PBMs, these transparent PBMs.
- 50:13Speaker 3: They're literally changing how healthcare, more specifically, how pharmacy care
- 50:20Speaker 3: can get paid for and the future of what that
- 50:23Speaker 3: means for the role of the pharmacist and disease state management.
- 50:27Speaker 3: And thanks for IPC. By the way, IPC has that
- 50:31Speaker 3: platform out called I Care Plus and it's helping pharmacies
- 50:36Speaker 3: and pharmacists more importantly pharmacists to get paid for your
- 50:40Speaker 3: services that have nothing to do with a dispensing fee.
- 50:44Speaker 3: This is huge. This is where this industry's going. I
- 50:48Speaker 3: predict within the next three to five years more than
- 50:55Speaker 3: seventy percent maybe maybe more closer to eighty percent of
- 51:00Speaker 3: the money that our pharmacists are making are going to
- 51:03Speaker 3: be tied to the treatment and the treatment programs and
- 51:08Speaker 3: the follow up in the assurance that the medications are
- 51:11Speaker 3: working as intended and then being able to suggest pivots
- 51:15Speaker 3: to the physician and the physician team and sometimes just
- 51:19Speaker 3: based on their knowledge making the switch, especially if it's
- 51:24Speaker 3: going to save a life and you know that those
- 51:26Speaker 3: things happen. Excuse me, what a day, What a day
- 51:31Speaker 3: to be alive, What a day to be in pharmacy.
- 51:33Speaker 3: I thank you for all of your work. I do
- 51:36Speaker 3: want you to be aware of something. We have some
- 51:39Speaker 3: new episodes that came out. Shout out to doctor Mark Garafully,
- 51:43Speaker 3: the pain Guy. Mark is amazing. He's an amazing podcaster.
- 51:48Speaker 3: Check him out at pain guy dot us once again,
- 51:52Speaker 3: that's pain guy dot us or his podcast, pain pod
- 51:59Speaker 3: dot Us. That's pain pod dot us. The US stands
- 52:03Speaker 3: for us, that's you and I, that's us. We are
- 52:06Speaker 3: in US and his pain management expertise is just out
- 52:11Speaker 3: of this world and he's fun to listen to. Take
- 52:13Speaker 3: a listen to hey new Pediatric Pharmacist Review, one of
- 52:17Speaker 3: the hottest podcasts in the network and in pharmacy overall
- 52:22Speaker 3: in all of twenty twenty five. We can't wait to
- 52:25Speaker 3: talk to you more about this, but take a listen
- 52:27Speaker 3: to the kids list low down the latest from the
- 52:32Speaker 3: Pediatric Pharmacist Review. We also dropped our final episode of
- 52:37Speaker 3: the coverage of the National Association of Specialty Pharmacies twenty
- 52:41Speaker 3: twenty five coverage of their show, The Expo was absolutely
- 52:46Speaker 3: phenomenal time together in what's happening in specialty pharmacy. If
- 52:50Speaker 3: you're curious about specialty pharmacy and you want to listen
- 52:53Speaker 3: to the insiders talk about where the entire profession's going
- 52:58Speaker 3: and how important education is and how important expertise is
- 53:03Speaker 3: from our pharmacists in these specialty tracks. So take a
- 53:07Speaker 3: listen to that. We are doing so much with the
- 53:11Speaker 3: associations right now. A shout out to the NCPA and
- 53:15Speaker 3: the APHA and the APC and the NASP and the ASCP, NACDS.
- 53:22Speaker 3: I mean so much awfua betsuit. But these organizations are
- 53:27Speaker 3: bringing us together and empowering us and making us stronger.
- 53:31Speaker 3: Our publication, our network is an overlay of one hundred
- 53:36Speaker 3: percent of those and if you want to take advantage
- 53:39Speaker 3: of what we do and who we're connected to, eighty
- 53:42Speaker 3: thousand downloads per month, thousands and thousands of listeners. We
- 53:47Speaker 3: see the public starting to ask questions. This is an
- 53:51Speaker 3: opportunity to take this network to an entire new level.
- 53:55Speaker 3: And I'm talking about iHeartMedia partnerships and I'm talking about
- 54:00Speaker 3: SERIOUSXM partnerships, and I'm talking about leveraging, and I'm talking
- 54:04Speaker 3: about bringing pharmacists to these voice to the ears of
- 54:08Speaker 3: our consumers. And if you want to be a part
- 54:11Speaker 3: of that, if you want to dig in and really
- 54:13Speaker 3: build this, because I'm gonna keep going. I'm gonna do
- 54:16Speaker 3: this to the day to day because I'm on fire
- 54:20Speaker 3: right now. We're on fire right now. This profession is
- 54:23Speaker 3: going through a massive change. I'm so proud to be
- 54:26Speaker 3: a part of it. I'm so proud to serve you.
- 54:29Speaker 3: That's who I am, That's what we are here at
- 54:31Speaker 3: the Pharmacy Podcast Network. How can we work with you
- 54:35Speaker 3: in your organization and your people, your association, your passion
- 54:39Speaker 3: as a pharmacist. How can I work with you and
- 54:41Speaker 3: make things better for people and for people's lives out
- 54:44Speaker 3: there who deserve the best pharmacy care. Hey, it's been
- 54:50Speaker 3: wonderful to spend the time with you here on twerks.
- 54:54Speaker 3: Please share, Please subscribe, Please tell another pharmacist, tell a
- 54:58Speaker 3: physician of about what we're doing, and have them come
- 55:02Speaker 3: on create a show with me. Hope you have a
- 55:05Speaker 3: wonderful weekend and a very happy Halloween twenty twenty five
- 55:09Speaker 3: o