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Connecting with patients and families during COVID-19 – Part 1

Pharmacy Benefit Managers, Part 1 Modern Practice Podcast

As patients take on more of their medication costs through higher deductibles and coinsurance, Pharmacy Benefit Managers (PBMs) are becoming more and more crucial to the process. PBMs are key to determining the medications available to patients and what patients have to pay for them. Yet, there can be an alternative to PBMs, and on this episode, we explore how health care organizations can find alternative solutions for skyrocketing drug costs, solutions that are at the level of the individual patient and the provider and not at the macro level taken by PBMs.   Moderator: Tomas Villanueva, DO, MBA, FACPE, SFHM Senior Principal Clinical Operations and Quality Vizient   Guest: Priyesh Patel, PharmD, MBA Vice President and General Manager, Alluma Vizient   Show Notes: [01:07] Addressing skyrocketing drug costs – the Alluma solution [02:04] Pharmacy Benefit Managers (PBMs) [03:07] 75% of Vizient member organizations are self-employed insurers (8M lives) [03:51] Health care workers are not healthy [05:21] PBMs are not health providers – they manage lives at a macro level [06:42] Working at a clinical level [09:55] Complex issues around new, complex drugs [11:21] Controversy around PBMs: the extravagant profits and the rebate issue   Links | Resources:   To contact Modern Practice: Priyesh Patel’s email: “PBM Impact on Employers & Risk to Health Systems” (Alluma white paper):   Subscribe Today! Apple Podcasts Amazon Podcasts Android Google Podcasts Spotify Stitcher RSS Feed  
  1. Pharmacy Benefit Managers, Part 1
  2. Recap of the year, Part 2
  3. Recap of the year, Part 1
  4. Clinical quality: the elusive panacea, Part 3
  5. Clinical quality: the elusive panacea, Part 2

 How do you increase patient satisfaction and meet patient demands? How do you involve connecting with patients and families?

Patient Family Engagement is a critical aspect of care, especially now in the wake of COVID-19.

Listen to Kellie Goodson, our partner, talk about connection and patient satisfaction

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