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PSG also offers robust 340B consulting services that include traditional compliance and audit support as well as program optimization and procurement. <>>> 2 0 obj Learn more at
Figure 4 below compares forecasted specialty trends reported by Prime, CVS, ESI and Artemetrx.
endstream Spend and Trend Report The third annual State of Specialty Spend and Trend Report analyzes specialty drug utilization and spending across 36 million pharmacy claims and 73 million medical claims. x��UMo�@�#�?̩��t�o��(R)M�H4��zp͒ �Im)���K����0����͛���..����>��K����_С@ ����J��56��� endstream
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Our customized recommendations and solutions are grounded in data and deliver total visibility and oversight of specialty drugs costs under the medical benefit.Our team of consultants can further augment the value of the Artemetrx platform by assisting plan sponsors in identifying savings opportunities and implementing best-in-class approaches that reduce unnecessary or inefficient specialty drug spending.
Artemetrx is PSG's robust integrated data and analytics platform that transforms member data into actionable intelligence, driving improved management of drug spend and trend across both pharmacy and medical benefits. 2018-06-25 16:17:12. %PDF-1.5 endobj Artemetrx is PSG’s robust data and analytics platform that drives measurable financial results through a sophisticated, integrated pharmacy and Artemetrx transforms data into intelligence and drives Artemetrx Specialty Drug Management is an all-inclusive, flexible suite of tools and solutions. Backed by our sophisticated qualification engine, our split-billing and contract pharmacy solutions lead the industry in compliance while maximizing savings.
Artemetrx is an integrated platform that transforms data into intelligence, driving improved management of drug spend and trend across both the pharmacy and medical benefits. "Our report underscores the need for plan sponsors to understand their own specialty pricing across different sites of care before deciding whether to move coverage of any specialty drugs from the medical to the pharmacy benefit," says Corey Belken, Vice President of Artemetrx. Eileen Oldfield, Associate Editor.
���� JFIF ` ` �� 6Exif II* & Utilization, Management Trends in Specialty Pharmacy Discussed at Asembia. In a 2013 survey of larger employers by the Pharmacy Benefit Management Institute, 30% of respondents were not sure which site of care has the lowest cost under their medical benefit. Our Artemetrx® platform integrates pharmacy and medical claims data to the individual patient level, enabling us to present a complete and unique view of specialty costs across all benefits.PSG is the leading pharmacy intelligence and technology company providingIn the increasingly complex world of drug management, hospital plan sponsors need an impartial advisor with the expertise to drive channel transparency and maximize financial savings. In the world of pharmacy, 49 drugs entered the market, 1 including the gene therapy Zolgensma ®, the most expensive single-dose drug ever, with a list price of $2.1 million! 5 0 obj We analyzed several years of reports to identify variation within each of the four specialty trend reports we examined (see below, and in Figures 5A and 5B). Specialty Pharmacy Trends Atheer Kaddis Value of Specialty Pharmaceuticals Marcy Donato Managing Specialty Pharmaceuticals – Health Plan Perspective Steven Marciniak Managing Specialty Pharmaceuticals – Payor Perspective Joan Ebner Open Discussion/Q&A All .
The specialty pipeline remains robust, and we project that more than a third of potential products are likely to be administered under the medical benefit, making it imperative that payors develop strategies to optimally manage this spend. NASHVILLE, Tenn., March 19, 2014 (GLOBE NEWSWIRE) -- A report released today by Artemetrx Specialty Drug Solutions found higher unit pricing for specialty drugs dispensed through the pharmacy benefit than for the same medications administered in a physician office. Specialty Market Dynamics • Fastest growing segment in pharmacy today and the foreseeable future • $100B+ in 2013 • 50% of top 100 drugs and 8 of the top 10 will be specialty pharmaceuticals by 2016 • Over 600 drugs in the specialty pharmaceutical pipeline (phase II and phase III) • Close to 50% of drugs in the pipeline are oral drugs Artemetrx is an integrated platform that transforms data into intelligence, driving improved management of drug spend and trend across both the pharmacy and medical benefits. Fourteen years after it began, the EMD Serono Specialty Digest continues to take an in-depth look at specialty pharmacy from a health plan perspective.
A CVS Caremark report predicts further increases in specialty drug spending but suggests strategies for payers to manage costs. Building on the previous year’s report, the following report captures directional trends in the LHS specialty pharmacy market. endobj We provide innovative drug management solutions to over 300 clients who rely on our team of trusted advisors to improve their financial performance.Omnicell to Acquire Pharmaceutical Strategy Group’s 340B Link BusinessPSG’s Pharmacy Benefit Management Institute (PBMI) Finds New Home with MJH Life Sciences™The Dallas Morning News Names Pharmaceutical Strategies Group National Standard Winner in Dallas/Fort Worth for 2019
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