Latest / Pharmacy Podcast Network / More Patients, Same Pharmacists: Preparing Independent Pharmacy for the Next Era of MTM | Outcomes: Insights Beyond the Counter
Transcript
- 0:05Speaker 1: You are listening to the global network of podcasters dedicated
- 0:09Speaker 1: to the pharmacy profession.
- 0:10Speaker 2: Welcome to the Pharmacy Podcast Network.
- 0:28Speaker 3: Outcomes, insights beyond the counter. My name is Todd.
- 0:33Speaker 4: You're a proud founder of the nation's largest podcast network
- 0:39Speaker 4: and subject matter expertise from my favorite providers, our pharmacists,
- 0:43Speaker 4: as well as people out there who are running specialty
- 0:46Speaker 4: and long-term care and community pharmacies. We are so excited
- 0:50Speaker 4: to be working with Outcomes, digging in to the insights
- 0:53Speaker 4: beyond the counter. Today's episode, More Patients, Same pharmacists were
- 0:58Speaker 4: preparing for independent pharmacy for the next era of medication
- 1:02Speaker 4: therapy management. Up next on Insights Beyond the Counter. Hey,
- 1:10Speaker 4: welcome to Insights Beyond the Counter. I want to bring
- 1:13Speaker 4: in our guest. Excited to have you here. Two nerds,
- 1:17Speaker 4: two nerds like me from the world of pharmacy technology,
- 1:22Speaker 4: because that's my roots. Ross Frey and John Grice, welcome
- 1:26Speaker 4: to the show.
- 1:27Speaker 5: Good to see you.
- 1:29Speaker 4: If you weren't both good looking, I wouldn't have said nerds,
- 1:33Speaker 4: but good looking nerds didn't suffer like the bad looking
- 1:36Speaker 4: nerds did.
- 1:37Speaker 3: And I grew into my look.
- 1:39Speaker 4: So I remember the big head and I needed to
- 1:42Speaker 4: grow into my head.
- 1:43Speaker 3: And needed some style. I still need style.
- 1:46Speaker 4: My wife always makes fun of me, but we definitely
- 1:49Speaker 4: were three nerds here talking about pharmacy technology.
- 1:51Speaker 5: That's right. Yeah, I'm in for it.
- 1:55Speaker 3: John, you and I have done these shows before.
- 1:59Speaker 4: Lots has changed since you were first on and back
- 2:03Speaker 4: to the network.
- 2:05Speaker 3: I kind of want to open up with you.
- 2:07Speaker 4: And that is, you know, MTM, just like the state
- 2:10Speaker 4: of the nation of pharmacy, there's plate tectonics happening.
- 2:14Speaker 3: This market's changing.
- 2:16Speaker 4: We are seeing drastic changes in how things are getting
- 2:19Speaker 4: paid for and what is being paid for. And I
- 2:23Speaker 4: think as MTM evolves and the pharmacies are preparing for
- 2:26Speaker 4: increased demand and shifts and how many pharmacists are on
- 2:31Speaker 4: staff for what and what disease states are being managed,
- 2:34Speaker 4: what are they communicating to their communities?
- 2:38Speaker 3: What are they communicating to physicians?
- 2:40Speaker 4: So what does success look like from both the technology
- 2:43Speaker 4: side and the operation side at this point?
- 2:46Speaker 2: Oh, man, they got to work well together.
- 2:49Speaker 6: You know, Todd, I went back to our conversation a
- 2:52Speaker 6: year ago We met out at ThoughtSpot and did one
- 2:55Speaker 6: out there. And man, it was interesting to say, I
- 3:00Speaker 6: know I believed it then, the things we talked about,
- 3:03Speaker 6: the changes that were coming and the new developments that
- 3:06Speaker 6: Outcomes was making. But we could go back, re-listen to that,
- 3:10Speaker 6: and then just kind of like highlight the different things
- 3:13Speaker 6: that have come out of Outcomes in the last 12
- 3:15Speaker 6: months since that podcast and how that points forward to 2027.
- 3:20Speaker 2: You're right.
- 3:21Speaker 6: Tectonics is a great way to describe it. The shifts
- 3:23Speaker 6: that are happening in some ways are settling out of COVID,
- 3:29Speaker 6: but are shifting in a new way. And it's almost
- 3:31Speaker 6: like a fresh beginning that pharmacy is just heading into.
- 3:34Speaker 6: It's pretty exciting. So I think your question was around
- 3:38Speaker 6: the technology, the success. I think you've got to, in
- 3:41Speaker 6: a pharmacy, have your technology dialed in for efficiency and
- 3:44Speaker 6: then have your strategy really solid on clinical matters. And
- 3:49Speaker 6: here's how I'm going to attack it. And if I
- 3:52Speaker 6: don't have one, here's how I'm going.
- 3:53Speaker 2: To build it.
- 3:54Speaker 6: Or if I've already got it or got a framework
- 3:56Speaker 6: of clinical operations, clinical services going, here's how I'm just
- 4:00Speaker 6: going to continue to level up every year. That would
- 4:03Speaker 6: be my short snippet on, yeah, what success is going
- 4:07Speaker 6: to look like as every pharmacy goes into 27.
- 4:09Speaker 4: Ross, same question about operations, about the technology side supporting
- 4:17Speaker 4: the new age. pharmacy, where pharmacists are being much more hands-on,
- 4:22Speaker 4: clinical to the disease state, clinical to the treatment management.
- 4:26Speaker 4: You have 14 years, just bravo to you for the
- 4:30Speaker 4: technology experience you have, out outcomes and the vestedness in
- 4:35Speaker 4: your career.
- 4:36Speaker 3: But give us your insights. What do you think?
- 4:39Speaker 1: Yeah, well, I know, Todd, as we're kind of preparing
- 4:42Speaker 1: for today's conversation, we talked about how in just the
- 4:45Speaker 1: 14 years I've been in outcomes, I've been able to
- 4:47Speaker 1: see submission of a clinical service to outcomes go from
- 4:52Speaker 1: sending a fax document to outcomes and inputting that into
- 4:55Speaker 1: a system and then the release of a platform enabling
- 5:00Speaker 1: that documentation and then seeing that platform continue to evolve
- 5:04Speaker 1: new services, new ways to continue to engage pharmacies into
- 5:08Speaker 1: clinical services and the care that that can really create
- 5:12Speaker 1: within that community pharmacy. And I think to John's point,
- 5:17Speaker 1: it comes back to the technology needs to complement and enhance.
- 5:22Speaker 5: The workflow and the work of the pharmacy.
- 5:26Speaker 1: We kind of joked at the beginning here of kind
- 5:28Speaker 1: of that workflow term being kind of one of those
- 5:31Speaker 1: fun phrases that's been thrown around for.
- 5:33Speaker 5: Ages and ages.
- 5:34Speaker 1: But I do think that there is a lot of
- 5:36Speaker 1: grit to that as well, because As you go out
- 5:39Speaker 1: and you sit in pharmacy and you are in that space,
- 5:42Speaker 1: you can tell that if the technology is not meeting
- 5:45Speaker 1: you where you are, the technology is not going to work.
- 5:48Speaker 1: And so I think that's been the key driver for us,
- 5:51Speaker 1: for sure, at outcomes of, you know, continually just driving
- 5:56Speaker 1: towards building technology that meets people where they are in
- 6:01Speaker 1: their community.
- 6:02Speaker 5: We're in a really unique position.
- 6:04Speaker 1: Where our platform is used by the local pharmacy as
- 6:08Speaker 1: well as large national chain. It doesn't matter the PSAO.
- 6:12Speaker 1: It really doesn't matter where you're coming from. Our technology
- 6:15Speaker 1: is sitting back there allowing for clinical services.
- 6:17Speaker 5: To be documented.
- 6:19Speaker 1: And because of that, we got a lot of different
- 6:21Speaker 1: users that are coming in with different expectations of how
- 6:24Speaker 1: things are expected to operate and flow and how that
- 6:27Speaker 1: works into their own systems. So that brings a lot
- 6:31Speaker 1: of fun challenges for us to really help support the
- 6:34Speaker 1: masses with the 60,000 pharmacists that are coming into our platform, 120,000
- 6:40Speaker 1: monthly active users coming into our platform. That's a lot
- 6:43Speaker 1: of folks that are coming in with different expectations of how, again,
- 6:47Speaker 1: to use that term workflow, but how that fits into
- 6:50Speaker 1: that puzzle piece of what things look like behind the
- 6:53Speaker 1: counter in the pharmacy.
- 6:57Speaker 4: So I'm thinking, you know, you design this intelligence system,
- 7:02Speaker 4: you continue to see it evolve based on what's necessary,
- 7:07Speaker 4: based on how payment systems are changing, based on where
- 7:10Speaker 4: we know pharmacists expertise and understanding and knowledge could actually
- 7:14Speaker 4: make some money beyond a dispensing fee. So let's talk
- 7:18Speaker 4: about that. John, I'm going to ask you, what is
- 7:20Speaker 4: the change? What is that change that needs to happen
- 7:23Speaker 4: in today's like MTM environment? that an independent community pharmacy
- 7:28Speaker 4: owner really needs to understand?
- 7:30Speaker 3: Hmm.
- 7:31Speaker 2: What is the one change?
- 7:33Speaker 6: Yeah. Uh, probably in mindset, you know, because there's so
- 7:37Speaker 6: many different ways I could take that question to Ross's point,
- 7:41Speaker 6: there are 60,000 pharmacies out there. Now, maybe not every
- 7:44Speaker 6: chain is uniquely different from its counterpart. Um, you know,
- 7:49Speaker 6: other chain down the road, but every independent is different. And, uh, Man,
- 7:55Speaker 6: so to do or to kind of put an underline
- 7:57Speaker 6: on what he said, they have in the clinical product
- 8:02Speaker 6: workspace been able to make a product that is usable
- 8:06Speaker 6: by very big and by independents and.
- 8:10Speaker 2: See success at all different levels.
- 8:13Speaker 6: So I would say for the folks who are thinking that, well,
- 8:17Speaker 6: that's something that only other pharmacists do or that's not
- 8:21Speaker 6: something we do here. They got to change their mindset,
- 8:26Speaker 6: maybe start talking to a different group of peers. I
- 8:28Speaker 6: know that if you're in a circle that sort of
- 8:31Speaker 6: reinforces that, you just really believe that, that, well, now
- 8:34Speaker 6: we're not really doing that work. But I don't think
- 8:38Speaker 6: that can continue going forward. I think this is going
- 8:41Speaker 6: to be a continually growing bucket of revenue. And right
- 8:45Speaker 6: now we're seeing the unengaged just stay unengaged and the
- 8:49Speaker 6: ones that are engaged just keep.
- 8:51Speaker 2: Growing in it.
- 8:52Speaker 6: And so for every pharmacist who's maybe not quite crossed
- 8:57Speaker 6: that mindset, this is like the immunizations of 20 years ago,
- 9:01Speaker 6: where there.
- 9:03Speaker 2: Were a few that held out and held out for
- 9:04Speaker 2: a while.
- 9:05Speaker 6: But eventually it was not going to slow down.
- 9:08Speaker 2: It was only going to keep expanding.
- 9:11Speaker 6: So it's probably a mindset thing if I've got to
- 9:13Speaker 6: go Sorry that that's sort of broad, maybe 50,000 foot level,
- 9:17Speaker 6: not as tactical as I'd love to be able to be.
- 9:20Speaker 2: But it really is.
- 9:20Speaker 6: We're talking about a diverse group of people, a whole
- 9:23Speaker 6: bunch of different ways to run pharmacy. And yet there
- 9:26Speaker 6: is that one unifying thing that's got to change.
- 9:30Speaker 3: Mindset, the leadership.
- 9:32Speaker 4: So we're talking about the top of the food chain
- 9:35Speaker 4: within your pharmacy, the owners, the executive board. And those
- 9:40Speaker 4: are literally the people that are going to help to
- 9:43Speaker 4: change the mindset of not only management, but more importantly,
- 9:48Speaker 4: your work team, your team that is expected to manage workflow.
- 9:53Speaker 4: And that workflow, Ross and I, before we started recording,
- 9:58Speaker 4: talking about getting, we're starting to be the old guys
- 10:00Speaker 4: and workflow was like a buzzword from, I don't know,
- 10:06Speaker 4: 2020 or 2012 to maybe 2018. And now it is
- 10:10Speaker 4: what it is, but workflow has to change. So mindset,
- 10:14Speaker 4: starting with mindset, but now workflows have to change. We
- 10:17Speaker 4: have to be thinking of phone call changes, getting away
- 10:21Speaker 4: from the dreaded fax machine, fragmented systems and disconnected information sources,
- 10:28Speaker 4: staffing uncertainty about which patient intervention should be prioritized. I mean,
- 10:33Speaker 4: there's this whole kind of head scratcher that outcomes is
- 10:38Speaker 4: standing in the background saying, we're ready for this. Like,
- 10:41Speaker 4: we've already done this. John, actually, John or Ross, really. Ross, actually,
- 10:48Speaker 4: it should be for Ross. you mentioned a sector of
- 10:52Speaker 4: pharmacy and you're like, hey, we have large chain organizations,
- 10:56Speaker 4: we have individual pharmacies, specialty, long-term care pharmacy. So where
- 11:01Speaker 4: is medication therapy management the hottest right now? Which sector
- 11:05Speaker 4: of pharmacy are you seeing some of the best success stories?
- 11:10Speaker 5: I'm going to take that question, Todd, and I'm going
- 11:12Speaker 5: to kind of augmented.
- 11:14Speaker 1: A little bit into where I feel like there is
- 11:17Speaker 1: the greatest opportunity as I look ahead to 2027.
- 11:22Speaker 5: And so kind of to paint.
- 11:23Speaker 1: That picture for you, Todd, as we look into 2027,
- 11:26Speaker 1: we've kind of been dancing around it a little bit here,
- 11:29Speaker 1: but to kind of hit the nail on the head,
- 11:31Speaker 1: as we move into 2027, we're going to see a
- 11:33Speaker 1: dramatic increase in the number of CMR opportunities and the
- 11:37Speaker 1: number of CMRs that need to get completed in the
- 11:39Speaker 1: outcomes platform. We're talking about a three to four X increase.
- 11:43Speaker 1: So millions more CMRs. And of course, that means the
- 11:46Speaker 1: revenue that we know pharmacies are in dire need of
- 11:49Speaker 1: coming from these clinical services. So at Outcomes, we've been
- 11:53Speaker 1: really laser focused on how do we get after those
- 11:57Speaker 1: things that we've time and time again heard from pharmacies
- 12:01Speaker 1: as some of those barriers to really getting in deep,
- 12:05Speaker 1: like John was describing, of creating that workflow that allows
- 12:09Speaker 1: them to take MTM and just clinical service provision in
- 12:14Speaker 1: the pharmacy to that next level. And not surprisingly, those
- 12:18Speaker 1: barriers are generally, I don't have the time or I
- 12:22Speaker 1: don't have enough opportunity, right? The pie isn't big enough
- 12:25Speaker 1: for me to make this into something that really matters
- 12:28Speaker 1: in my pharmacy. And let me tell you, the first
- 12:31Speaker 1: part about time You hit on earlier, we've got amazing
- 12:36Speaker 1: new efficiencies that we're deploying into our platform this year
- 12:39Speaker 1: that are going to bring the time down dramatically for
- 12:42Speaker 1: documenting and completing CMRs. And then for that pie, like
- 12:46Speaker 1: I just said, the pie is getting bigger next year.
- 12:49Speaker 1: So not only is the time barrier going to be
- 12:51Speaker 1: going away, but the opportunity barrier is going to be
- 12:53Speaker 1: going away as well. And back to your original question, Todd,
- 12:57Speaker 1: on where is that opportunity and what part of the
- 13:00Speaker 1: pharmacy landscape has that opportunity? It's your local community independent
- 13:05Speaker 1: pharmacy that really has that huge opportunity to step up
- 13:09Speaker 1: and show that they.
- 13:10Speaker 5: Can be the ones to lead the way.
- 13:12Speaker 1: So to John's point on the immunization wave of 20
- 13:16Speaker 1: years ago and seeing people who jumped.
- 13:18Speaker 5: In first and who took maybe a longer time.
- 13:21Speaker 1: To adopt and get into that space. The MTM space
- 13:25Speaker 1: right now, it's a huge opportunity for independent local pharmacies
- 13:29Speaker 1: to show up, to show that they have those local
- 13:33Speaker 1: relationships that really change that healthcare experience for the patient
- 13:38Speaker 1: at the end of the day. I'll tell you really quick,
- 13:40Speaker 1: I've got younger kiddos, one of which has long-term disability,
- 13:45Speaker 1: just went through a heart surgery two years ago, so
- 13:47Speaker 1: a lot of complex medical needs. And it's your local
- 13:50Speaker 1: pharmacist that at the end of the day is the
- 13:52Speaker 1: person that can help you to navigate all the complex
- 13:54Speaker 1: medications that come with health care. And so it's a
- 13:58Speaker 1: really amazing and exciting time. I get really passionate about
- 14:03Speaker 1: what I think we can see next year with all
- 14:06Speaker 1: those opportunities and those increased efficiencies coming into play.
- 14:12Speaker 4: I think of the opportunity from what you're saying almost
- 14:15Speaker 4: as the ground level opportunity the comprehensive medication review, setting
- 14:21Speaker 4: the stage, and now having a patient for life who
- 14:24Speaker 4: might be experiencing something with their disease state, they're going
- 14:28Speaker 4: to need your assistance for the remainder of their time.
- 14:31Speaker 4: They got eight medications that they're juggling. They're not quite sure.
- 14:36Speaker 4: No one's really taken time to check up on them.
- 14:39Speaker 4: The world of telehealth is coming full force now. Remote
- 14:44Speaker 4: patient monitoring is full force now. Long-term care pharmacy at
- 14:47Speaker 4: home is kind of the buzzword today that we're going
- 14:50Speaker 4: to continue to see expanding.
- 14:52Speaker 3: You guys are ready for it. So, John, let's talk
- 14:55Speaker 3: about that.
- 14:55Speaker 4: Let's talk about expanding the role, the workflow, some of
- 15:00Speaker 4: the things that Outcomes has experienced and prepared for. Talk
- 15:05Speaker 4: to us a little bit about inside the pharmacy, what's happening.
- 15:09Speaker 6: Sure. You know, inside the pharmacy, I think the way
- 15:11Speaker 6: we have developed automated data entry is a huge thing
- 15:16Speaker 6: towards prepping for 27. Our team has gone through and
- 15:20Speaker 6: just me talking about it feels like I need to
- 15:23Speaker 6: be given all the credit to this other group of folks,
- 15:25Speaker 6: but they have built a way that our system automates
- 15:29Speaker 6: data entry on over 90% of the scripts. You know,
- 15:32Speaker 6: every e-script that's coming in. There's very few exceptions that
- 15:36Speaker 6: can't be automated and all the rest are going right
- 15:39Speaker 6: from receipt into being a billable claim. That's amazing. That
- 15:45Speaker 6: cuts down so much tech time of putting in the
- 15:48Speaker 6: script manually. So automating data entry is a big piece
- 15:51Speaker 6: of making the pharmacy efficient enough to now take that
- 15:54Speaker 6: excuse away. I think one of the questions that I
- 15:57Speaker 6: would pose to independent pharmacists is what's on your second monitor?
- 16:01Speaker 6: Everybody's usually got two monitors up. One's running their pharmacy system,
- 16:06Speaker 6: and the complaint is, well, it's cumbersome to move out
- 16:10Speaker 6: of that and into a website to do more work.
- 16:13Speaker 6: But they've probably got something up, and it might be
- 16:15Speaker 6: email or something else. But if you're not managing the PMS,
- 16:20Speaker 6: your script flow, as well as your clinical stuff, that's
- 16:25Speaker 6: where now we're efficient enough to be able to do that.
- 16:27Speaker 6: So anyways, back to the automated data entry. I just
- 16:30Speaker 6: can't highlight that enough as really saving time in the pharmacy.
- 16:35Speaker 6: And if our folks don't have it turned on yet,
- 16:38Speaker 6: at least outcome system, that's what we've done to be
- 16:43Speaker 6: able to enable our pharmacies to really get that time back.
- 16:47Speaker 6: But it's not just in the dispensing process where efficiency
- 16:51Speaker 6: is coming. I want to kick this back over to Ross,
- 16:53Speaker 6: if you don't mind. Ross, tell them about the CMR process,
- 16:57Speaker 6: how the MTM intelligence is actually faster.
- 17:01Speaker 4: Yeah, yeah.
- 17:02Speaker 2: No, thanks, John.
- 17:03Speaker 1: I mean, I totally agree with what you're sharing on
- 17:06Speaker 1: automated data entry. That is a huge jump forward in
- 17:11Speaker 1: just helping to unlock additional time.
- 17:14Speaker 5: In the pharmacy.
- 17:15Speaker 1: Like I was saying, you know, we keep hearing that
- 17:16Speaker 1: as we talk about clinical service opportunity. So a great,
- 17:20Speaker 1: great call out there. Yeah, when it comes to comprehensive
- 17:24Speaker 1: medication reviews in an MTM program, we know from kind
- 17:29Speaker 1: of being the market leader in comprehensive medication reviews that
- 17:33Speaker 1: A CMR typically today looks like a whole lot of
- 17:37Speaker 1: data curation, getting the data ready, preparing to talk with
- 17:41Speaker 1: the patient or the caregiver for that comprehensive medication review.
- 17:45Speaker 5: And that shouldn't be the case.
- 17:48Speaker 1: We really want to help support pharmacists and pharmacy staff
- 17:52Speaker 1: to not need to be the data curators, the archivist
- 17:57Speaker 1: of all of that information, but instead lead with their
- 18:00Speaker 1: clinical expertise. So with our MTM intelligence capabilities that we
- 18:05Speaker 1: will be releasing into the comprehensive medication review workflow in
- 18:09Speaker 1: the outcomes platform here in 2026, those capabilities are going
- 18:13Speaker 1: to help to automatically pre-fill content with inferred medication directions,
- 18:19Speaker 1: inferred medication conditions, help to auto sort and prioritize active
- 18:25Speaker 1: versus non-active medications and help to even infer potential action
- 18:30Speaker 1: items that the patient can be taking and follow up
- 18:33Speaker 1: to that comprehensive medication review. So really trying to help
- 18:37Speaker 1: support that conversation, help the, again, the pharmacist to not
- 18:41Speaker 1: feel like they open up a comprehensive medication review and
- 18:44Speaker 1: they just opened up a blank file folder and now
- 18:46Speaker 1: they need to fill that in with all the patient's data.
- 18:48Speaker 1: We really want to get past that and allow pharmacists to, again,
- 18:53Speaker 1: step up to the plate, ready to go to hit
- 18:55Speaker 1: that home run with that CMR.
- 18:59Speaker 4: All right, let's talk about measurement of success. We all
- 19:03Speaker 4: love data. We want to be able to take what
- 19:07Speaker 4: we've done and be able to track, be able to improve,
- 19:10Speaker 4: be able to make some adjustments. The completed intervention, the
- 19:15Speaker 4: patient engagement, how well the patients are understanding, medication adherence,
- 19:21Speaker 4: quality measurement performance, even staff efficiency. Talk to us about
- 19:26Speaker 4: measuring MTM success.
- 19:29Speaker 1: Yeah, I've spent a lot of time on this over
- 19:32Speaker 1: my years at Outcomes, of course, Todd, and specifically as
- 19:36Speaker 1: we think about comprehensive medication reviews, a lot of that,
- 19:39Speaker 1: like I said, comes down to how much total time
- 19:41Speaker 1: does it take to complete that comprehensive medication review for
- 19:44Speaker 1: the patient, not just in that, like I said, the
- 19:47Speaker 1: patient conversation itself, but the full journey, the total time.
- 19:51Speaker 1: And then even when you get into that journey, we
- 19:54Speaker 1: get down and talk about how many clicks does it
- 19:57Speaker 1: take you to get from start to finish, right? We
- 20:00Speaker 1: want to get really gritty and tactile in that full
- 20:03Speaker 1: process to make sure that, again, we're sitting down and
- 20:07Speaker 1: we're thinking through what it means to embed these workflows
- 20:12Speaker 1: into the practice behind that counter in the pharmacy. Because
- 20:17Speaker 1: as we said earlier on, if you're not thinking through
- 20:20Speaker 1: that methodology, if you're not thinking through that lens, it's
- 20:24Speaker 1: not going to fly.
- 20:25Speaker 5: It's not going to fit.
- 20:27Speaker 1: So you really need to take that full breadth view,
- 20:31Speaker 1: not just thinking about one aspect, but thinking about how
- 20:34Speaker 1: much time does it take?
- 20:36Speaker 5: Where am I creating.
- 20:38Speaker 1: U-turns or process loops that are not necessary or successful.
- 20:43Speaker 1: So that's where we've really come in and we've tried
- 20:46Speaker 1: to deploy features here with our MTM Intelligence Suite that
- 20:51Speaker 1: help to bring in that curated data, like I said,
- 20:55Speaker 1: to support and take away all of that burden of documentation.
- 21:00Speaker 1: And then alongside of that, we're also releasing a documentation
- 21:04Speaker 1: quality review.
- 21:05Speaker 5: So what we're.
- 21:06Speaker 1: Doing is we're not only infusing data to help to support,
- 21:10Speaker 1: to bring you and that data to full readiness state
- 21:14Speaker 1: as you're going in and completing that CMR, but then
- 21:16Speaker 1: as you're documenting and completing the CMR, we're also automating
- 21:20Speaker 1: and bringing forward to you all sorts of information that
- 21:25Speaker 1: helps you to understand.
- 21:26Speaker 5: What's the quality of the data you've just documented.
- 21:28Speaker 1: Because the last thing we also want you to do
- 21:30Speaker 1: is go through that and recognize that, hey, what I've documented,
- 21:35Speaker 1: there's an opportunity for me to make that even of
- 21:37Speaker 1: a higher quality. So we really want to help to
- 21:40Speaker 1: bring forward as much insight and information as possible, but do.
- 21:44Speaker 5: It in a way that we're aware of.
- 21:47Speaker 1: And recognizing things like notification fatigue and presenting the user
- 21:51Speaker 1: with the right information at the right time. We have
- 21:55Speaker 1: a phenomenal user experience team here at Outcomes that does
- 21:59Speaker 1: amazing work to sit with pharmacists as they're in our
- 22:03Speaker 1: platform and hands-on, seeing how they're interacting. And man, is
- 22:07Speaker 1: it fun to be able to sit with that team
- 22:09Speaker 1: and sit with pharmacists and do those shadowing opportunities to
- 22:13Speaker 1: really get your feet planted into that experience? Because if
- 22:16Speaker 1: you're not doing that, you're not participating in the exercise
- 22:19Speaker 1: that is supporting pharmacy.
- 22:22Speaker 2: Todd, that's a big thing. I'm serious. As a pharmacist
- 22:25Speaker 2: who's used the system before, knowing how.
- 22:28Speaker 6: Ross and the team, the UX team he's talking about,
- 22:31Speaker 6: can watch basically the path of clicks that a pharmacist
- 22:35Speaker 6: is taking through the system as they do a CMR
- 22:38Speaker 6: and then break down, all right, which clicks were redundant
- 22:42Speaker 6: or where did they get stuck most? Or like he
- 22:45Speaker 6: was saying, like at moments, we just need to supply
- 22:49Speaker 6: some extra information for them.
- 22:52Speaker 2: It's amazing.
- 22:52Speaker 6: Like, okay, as a pharmacist, my brain goes from having
- 22:58Speaker 6: information presented to me You know, two, three hundred times
- 23:01Speaker 6: a day and all I've got to do is verify
- 23:03Speaker 6: it to then changing over to the other side of
- 23:05Speaker 6: my brain and going, oh, I have to not only think,
- 23:08Speaker 6: all right, that's cool. And I'm glad I get to think,
- 23:11Speaker 6: but I've got to generate the text now, whereas.
- 23:14Speaker 2: It used to be.
- 23:15Speaker 6: 300 times a day, text is coming to me to
- 23:18Speaker 6: double check. So they've been able to kind of bring
- 23:22Speaker 6: the two halves of the pharmacist's brain together and go, okay, well,
- 23:25Speaker 6: if that's how you're used to thinking, and this is
- 23:27Speaker 6: the way that clicks seem the most logical in order
- 23:30Speaker 6: for your process to flow better, we're going to design
- 23:33Speaker 6: it that way. We're going to put the information that
- 23:35Speaker 6: you might want right over here.
- 23:37Speaker 2: It's amazing. I was impressed by it.
- 23:40Speaker 6: I got a glimpse of how they are really getting
- 23:43Speaker 6: inside and making sure that it works with a pharmacist's mind.
- 23:49Speaker 4: All right. So I'm listening. I'm a pharmacy owner. Maybe
- 23:53Speaker 4: I'm on the knife's edge where I really want to
- 23:56Speaker 4: do something to prepare for 2027 to come out with
- 24:01Speaker 4: an MTM program that's tied into my pharmacy management system.
- 24:05Speaker 4: It's definitely getting billed correctly. My workflow has been designed.
- 24:10Speaker 4: My staff, my pharmacy technicians, everybody's on the same page, prepared,
- 24:14Speaker 4: ready to go. Let's talk about real quick, because I
- 24:17Speaker 4: want to hear from both of you on this, educating
- 24:20Speaker 4: the patient base, educating the community that this is even
- 24:24Speaker 4: available to them because of how this could really help
- 24:27Speaker 4: their ongoing health, assuring that they're taking medication, assuring that
- 24:32Speaker 4: they understand their medication.
- 24:34Speaker 3: It's that engagement. It's bringing... It's bringing.
- 24:37Speaker 4: Patients back to how close they were with their pharmacist 20,
- 24:43Speaker 4: 30 years ago. And I think it's returning to that
- 24:45Speaker 4: intimacy of being a consultative pharmacist. So talk to us
- 24:50Speaker 4: about that communication between the pharmacist and the patient.
- 24:55Speaker 1: Yeah, I'll jump on it first here, John. Thanks for
- 24:58Speaker 1: the question, Todd. Yeah, I think that's a good way
- 25:02Speaker 1: that you kind of frame that question in terms of
- 25:05Speaker 1: the timeline around that question too, and just the history
- 25:11Speaker 1: of what pharmacy has looked like and how I think
- 25:15Speaker 1: we've used the term so far of just kind of
- 25:17Speaker 1: this like tectonic shift that's happening in pharmacy, especially with
- 25:22Speaker 1: this opportunity that MTM and CMRs presents in 2027, where
- 25:27Speaker 1: it does allow for that consultative pharmacist role to really
- 25:31Speaker 1: come back to the surface and really shine within your
- 25:35Speaker 1: local pharmacy. Um, it's, it's something that we know as
- 25:40Speaker 1: outcomes as we've sat there and worked with pharmacies across
- 25:44Speaker 1: the country to support them to become best in class pharmacies,
- 25:48Speaker 1: documenting MTM and CMR and comprehensive medication review services is
- 25:53Speaker 1: that it's, it's generally, it's not something that's going to
- 25:55Speaker 1: happen overnight.
- 25:56Speaker 5: Let's be clear.
- 25:57Speaker 1: It's something that is a shift in what a pharmacy
- 26:00Speaker 1: looks like, but we've got the best practices here to
- 26:03Speaker 1: help you through that shift. Um, I will say, you know,
- 26:07Speaker 1: my history at Outcomes, I started on our help desk fielding.
- 26:11Speaker 5: Calls from our pharmacies. So I will tell you right now,
- 26:13Speaker 5: we have.
- 26:14Speaker 1: The best help desk out there to help you with
- 26:18Speaker 1: our platform and with supporting you in your questions that
- 26:21Speaker 1: you have. As you're navigating our platform, we really want
- 26:27Speaker 1: to be there with you and alongside of you as
- 26:30Speaker 1: you're going through this journey of helping your patients with
- 26:33Speaker 1: clinical services that are available on our platform. So it's
- 26:37Speaker 1: something that I'm really passionate about. And again, to the
- 26:40Speaker 1: point John was making around how we're studying and looking
- 26:45Speaker 1: at and aware of how users in our platform are
- 26:49Speaker 1: documenting and working, we're also very aware of just the
- 26:53Speaker 1: feedback and the information we're gathering from things like our
- 26:58Speaker 1: help desk. What are folks calling in about? What are
- 27:00Speaker 1: the themes that we're hearing from those conversations? and really
- 27:04Speaker 1: making sure that we're hitting on those opportunities to continue
- 27:08Speaker 1: to meet the pharmacist and our users where they are.
- 27:11Speaker 1: So I think we've hit on that in many ways,
- 27:13Speaker 1: talking about getting the right data into the right place
- 27:15Speaker 1: at the right time. There's a lot of different ways
- 27:18Speaker 1: that you can describe and talk about that. But definitely,
- 27:21Speaker 1: it's not a shift that happens overnight, but it's an
- 27:24Speaker 1: opportunity for you to really, to John's earlier point, kind
- 27:28Speaker 1: of take up the torch with this great opportunity in
- 27:31Speaker 1: front of us and lead that charge towards becoming that
- 27:36Speaker 1: clinical center of excellence as a pharmacy in your local community.
- 27:42Speaker 4: Clinical Center of Excellence. That is amazing terminology that could
- 27:48Speaker 4: really bring a lot of attention from your community if
- 27:52Speaker 4: you're communicating that, if you're putting that out on your
- 27:54Speaker 4: Facebook or you're putting that in your literature or something
- 27:58Speaker 4: that you're able to get in front of someone that's
- 28:03Speaker 4: taking care of their mother or someone that's taking care
- 28:05Speaker 4: of their great aunt or their dad and letting them know, hey,
- 28:10Speaker 4: There's a lot of confusion stuff. Your dad is breaking
- 28:14Speaker 4: tablets in half. He doesn't exactly sure what to be taking.
- 28:19Speaker 4: Adherence issues here, something happening there. And then ultimately that
- 28:23Speaker 4: communication to the patient, the description, the education, and then
- 28:27Speaker 4: kicking all of that back to say to the physician
- 28:30Speaker 4: and the primary care, hey, we got it figured out.
- 28:32Speaker 4: We got it under control. Look what we did. Look
- 28:34Speaker 4: what we implemented. Here's how we're helping. to move forward
- 28:38Speaker 4: in the treatment that you kind of, as the quarterback,
- 28:40Speaker 4: you know, put out there. And that would be, if
- 28:43Speaker 4: I'm the physician, I'm relieved that there's a pharmacy out
- 28:46Speaker 4: there prepared for it, has invested in infrastructure. So there's
- 28:51Speaker 4: multiple stories as an independent community pharmacy owner, you have
- 28:55Speaker 4: multiple stories to be telling. You have the story to
- 28:57Speaker 4: tell internally to your staff and get them ready. You
- 29:00Speaker 4: have the story to tell the public in your community
- 29:03Speaker 4: who doesn't know that you're doing this and they would
- 29:05Speaker 4: love to take advantage of it, you have to tell
- 29:08Speaker 4: the story to the physician and you definitely have to
- 29:11Speaker 4: tell the story to the payer because the payer wants
- 29:13Speaker 4: to know that you're prepared for this as well. So John,
- 29:16Speaker 4: in wrapping up, let's talk about that last one. Talk
- 29:19Speaker 4: to me about the payer environment in medication therapy management.
- 29:22Speaker 6: Man, the payer environment is one where I think, I
- 29:27Speaker 6: don't think as a pharmacist, I thought about my customer
- 29:30Speaker 6: the right way.
- 29:31Speaker 2: I thought about the.
- 29:32Speaker 6: Number of patients walking in the door, but I wasn't
- 29:35Speaker 6: thinking about the the insurance plan behind them. And so,
- 29:39Speaker 6: you know, the best analogy I can think of as
- 29:41Speaker 6: we go into 2027 is all right. If I knew
- 29:43Speaker 6: that I was going to have three times the amount
- 29:45Speaker 6: of scripts walking in my door, in 2027, I would
- 29:49Speaker 6: get ready. I would extend the counter. I would add
- 29:52Speaker 6: an extra terminal, a whole nother bin of vials. I'd
- 29:57Speaker 6: be prepped for better volume of script count going across counter, right? Well,
- 30:03Speaker 6: if I wasn't, what would happen? Well, I'd still take
- 30:06Speaker 6: care of the same amount of people I did last
- 30:07Speaker 6: year and all the rest would be a little frustrated
- 30:10Speaker 6: and take that script.
- 30:11Speaker 2: And leave and go down the road.
- 30:13Speaker 6: And I would Just probably kicked myself for having missed
- 30:16Speaker 6: that big opportunity.
- 30:19Speaker 2: The same thing's happening. Our customers, at least in this
- 30:22Speaker 2: sense and in your question, our payers are coming to
- 30:25Speaker 2: us with three times the volume that they've had before saying, okay,
- 30:29Speaker 2: we need you. Can you do this?
- 30:31Speaker 6: And some of us are stepping up and it's going
- 30:33Speaker 6: to be cool and it's going to be fun and
- 30:35Speaker 6: they're going to be ready for it and they're going
- 30:36Speaker 6: to take full advantage.
- 30:37Speaker 2: And then there's others who are going, I don't know.
- 30:39Speaker 2: We'll see.
- 30:39Speaker 6: And I'm just going to wait until it gets here.
- 30:42Speaker 6: And then they'll maybe do the same amount they did
- 30:44Speaker 6: the year before and wonder, all right, why am I
- 30:48Speaker 6: not keeping up with the rest of my peers? The
- 30:51Speaker 6: ones that did prepare that saw that big influx of,
- 30:54Speaker 6: in my example, scripts walking in the door. It's just
- 30:57Speaker 6: volume of business coming into you. Are you preparing for it?
- 31:01Speaker 6: So back to Ross's, the storyteller, the pharmacy has to
- 31:05Speaker 6: be the storyteller on this one. You know, it's not
- 31:07Speaker 6: for outcomes to go market to the public. People don't
- 31:10Speaker 6: know outcomes name and that's okay. The customers, the patients,
- 31:13Speaker 6: they don't need to know our name. Everybody wants them
- 31:18Speaker 6: to know the pharmacy's name. And so it's really up
- 31:21Speaker 6: to them. I'd love to be able to drive down
- 31:23Speaker 6: the road and see in front of pharmacies, not just
- 31:26Speaker 6: flu shot, COVID shot here, but get your CMR here.
- 31:30Speaker 2: Don't know what that is? Stop in and ask.
- 31:33Speaker 6: Those sorts of little message board readers that get people going, yeah,
- 31:36Speaker 6: what is a comprehensive med review?
- 31:37Speaker 4: Yeah.
- 31:39Speaker 2: Stop in.
- 31:40Speaker 6: Ask. You're probably eligible. Let's sit down and talk about it.
- 31:44Speaker 6: Because if our pharmacists aren't the ones telling the story,
- 31:48Speaker 6: there's still the customer, the payer on the backside going,
- 31:51Speaker 6: I got to get these done somewhere. And so they
- 31:54Speaker 6: will get filled. And I hope as many pharmacies as
- 31:57Speaker 6: can see it coming, take advantage of it.
- 32:02Speaker 4: Pharmacy owners, pharmacy operators, management teams out there, the expansion
- 32:08Speaker 4: of nutraceuticals and grocery stores getting involved in small microchains.
- 32:14Speaker 4: You are not in this alone. There are people out there,
- 32:17Speaker 4: John Grice and Ross Free. You guys are passionate. Your
- 32:23Speaker 4: minds are on fire for this. This is which we live,
- 32:25Speaker 4: we breathe. Reach out to this outcomes team. The outcomes,
- 32:30Speaker 4: the insights beyond the counter part of the Pharmacy Podcast Network. Gentlemen,
- 32:35Speaker 4: thank you so much for your time today. This was
- 32:37Speaker 4: an awesome conversation and cannot wait to have you back.
- 32:41Speaker 2: Our pleasure.
- 32:42Speaker 5: Thanks a lot. Great to be here.