How do you validate value?
How do you demonstrate the ability to ‘walk the talk’?
The National Association of Specialty Pharmacy (NASP) has taken its years of specialty pharmacy knowledge and suggests it has a model that answers those questions. The validation points include improved patient outcomes, reduced costs, better medication adherence, cutting waste and increased patient safety.
If you think all this sounds familiar, it should. It has been the mantra for the SP industry for decades. What is different is the degree of proactive intervention that should push the standard of care past the performance ‘red line’.
NASP is still at work adding detail to the framework to facilitate implementation. For example, the framework will include a variety of new metrics such as affordability, supply chain impact, and tracking not only the number of interventions as well as the type such as patient, physician, care team, financial, etc., etc. to paint a very broad picture and understanding of each patient’s journey.
The current standard of care is already expensive. And, the expanded vision suggested by the framework would logically be even more costly. Perhaps AI may provide the secret sauce need to make the framework a reality.
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