The healthcare landscape has shifted dramatically in the last 20 years. Along with increasing costs and complexity, we’ve also seen a rise in the prevalence of chronic conditions and a specialty pipeline that has grown exponentially to treat ultra-rare conditions and orphan diseases. Additionally, we are now able to harness the power of big data,…
There’s nothing quite like a good comeback. It’s a testament to the determination of the human spirit, and a reminder of why second chances can be a great thing. The beauty of a comeback is that it happens in many forms. It could be an athlete getting back on the field after a major injury,…
Understanding pharmacy trend is important for developing robust, cost-saving specialty drug management strategies. But did you know you can’t really compare one trend number to another? Every PBM uses different methodologies, data sets, and calculations to arrive at their pharmacy trend number. Additionally, one of the largest cost drivers of specialty spend today—prescriptions drugs dispensed…
Precision medicine describes an approach to treatment based on an individual patient’s unique genetic, environmental, and lifestyle factors. Genetic data, in particular, is central to the concept of precision medicine. Perhaps more so than with any other disease state, precision medicine has had a definitive impact on the treatment of cancer. With the approval of…
In January, the Food and Drug Administration’s (FDA) Center for Drug Evaluation and Research (CDER) published Advancing Health through Innovation: 2018 New Drug Therapy Approvals. This report provides a benchmark for approvals and highlights the game-changers approved in 2018. Compared to 2016 and 2017, in which CDER approved 22 and 46 new drugs, respectively, in…
Making smoother transitions from work to home and vice versa can help you enjoy all aspects of your life more. While bringing work issues home seems to be the most common problem, some simple strategies can help ease the transition in either direction. Use goodbye rituals Whether it’s saying goodbye to your family members and…
Note: The excerpt is from “How Work-Life Flow Is Shaping Success at Magellan”, first published here. “People work best when they are happy and have the space to think and consider, to rest and recharge. Working shouldn’t mean missing out on some of those key family moments or having to struggle with responsibilities due to stress and exhaustion….
One of the greatest challenges in managed care is staying up-to-date on the constantly evolving healthcare landscape. This can be especially overwhelming for high cost, complex specialty disease states. Payers are often faced with making difficult coverage decisions for hundreds of disease states as they also juggle prioritizing daily job tasks, such as managing drug…