These breakthroughs have created a better landscape for the pharmaceuticals industry. In fact, things heated up this year as more pressure is placed into making the cost of healthcare services more transparent to the public, especially the real prices of drugs. Topics include: Quality Measurement and Stakeholder Interest; Teamwork and Communication; Organizational Knowledge and Leadership Skills; Patient Safety Principles; SHM members can also share questions, challenges and successes with other hospital-based caregivers across the country through the Hospital Medicine Exchange (HMX) online forum. We hope you are staying safe & spending time with loved ones & friends! Open Enrollment Currently Available for New Members: Learn More. Generally speaking, the healthcare industry is seeing a lot of consolidation, and specialty pharmacy is no exception to this hot topic. The top pharmacy trends for 2020 and the year that was. While the use of biosimilar medication has been subject to some scrutiny due to misconceptions about the efficacy of generics, it will be one of the top pharmacy trends for 2020 because of how the FDA is working on raising the bar for makers of biosimilar products. However, are there also threats to transparency, and can a fair form of measuring outcome ever be developed? This site complies with the HONcode standard for trustworthy health information:verify here. Decrease COGs with improved cash flow with SureCost automated, multi-vendor & purchasing decision power for your pharmacy. With the growing cost of hospital treatments and health insurance plans, more Americans are turning to self-medication as a way to treat minor health issues. Attendees will: Learn about trending priorities for pharmacy leadership and executive teams Some pharmacies will even start to offer deliveries for patients who have difficulty going to the establishment to buy their medications. • How do we get there? Where there is debate and contention however is in relation to just how transparent the information derived in the trial process should be. But will the proposals really tackle all the issues, and do they take due account of the role of the hospital pharmacist in procuring, advising and monitoring the use of devices in hospitals? Clinical pharmacy is the branch of pharmacy where pharmacists provide patient care that optimizes the use of medication and promotes health, wellness, and disease prevention. The 340B drug discount program has been part of the pharmacy trends for many years, and the ongoing discussion for its improvement is not expected to die down in 2020. The pharmaceuticals industry will see an increased use of e-commerce and mobile channels for marketing, and the competition will definitely be stiff. The end of 2019 is just right around the corner and people are already looking forward to what the top pharmacy trends for 2020 are. According to the CEO of CVS Larry Merlo, the primary goal of their merger was to lower down the coast of medication to increase adherence, offer better services in stores and build the pharmacy’s member base. Indeed, a Escalating Drug Costs. Precision medication is one of the most significant pharmacy trends for 2019 because it targets specific genes based on the patient’s health condition. Have control over contract & vendor compliance, & cost-centric inventory management. At the beginning of 2020, Mirvetuximab soravtansine for ovarian cancer and Pegilodecakin for pancreatic cancer are set to be approved by the FDA. 2019 felt like a “déjà vu” moment for the pharmaceuticals industry with both new and longstanding discussions brought to the table. Hot topics in precepting 1. Specialty products and services were considered the most profitable among all the pharmacy trends for this year, and 2020 will see a bigger market for these medications as they become part of the top pharmacy trends for 2020. Lean Thinking or Systems Approaches (Six sigma, PDCA, Kaizen in Pharmacy Practice) 5. The Press Conference at the 18th Congress of the EAHP provides an opportunity to set out in more detail the plans for this event and how its outcomes will intend to raise practise in every European country. buff.ly/3nxX2Ck ... See MoreSee Less, Share on FacebookShare on TwitterShare on Linked InShare by Email, Happy Holidays from our family to yours! 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