CVS Health: Narrow pharmacy networks boost adherence
WOONSOCKET, R.I. — Narrow pharmacy networks improve medication adherence, according to a new CVS Health Research Institute study published Tuesday in JAMA Internal Medicine. The study is the first to evaluate the impact of narrow pharmacy networks on medication adherence, the company stated.
In addition, the researchers observed an even greater impact on adherence when there were 90-day prescription programs also in place.
"There are few opportunities in health care when we can improve both quality of care and health outcomes while helping to manage health care costs," stated William Shrank, SVP and chief scientific officer, CVS Health and a study author. "This first-of-its-kind study suggests that narrow networks may be one such opportunity by providing clear evidence that these networks – already an established cost management strategy – also help optimize members' adherence."
The researchers reviewed de-identified pharmacy claims data for more than 200,000 patients on chronic therapies to treat high cholesterol, high blood pressure, diabetes and depression over a 12-month period. These patients received prescription drug coverage through CVS' pharmacy benefit management business CVS/caremark. The study found that those patients in commercial drug plans with narrow pharmacy networks had improved medication adherence as indicated by their medication possession ratio, which measures patients' available medication on hand over time and is commonly used as an indication of adherence.
The researchers also found that if 90-day prescription programs, where patients receive a three-month supply of their chronic medication prescription during one pharmacy visit, were used in conjunction with a narrow network there was an even greater improvement in members' adherence.
"Despite common concerns that narrow pharmacy networks reduce access, we believe they can actually help encourage plan members to establish a pharmacy home where patients with chronic diseases can receive coordinated care and effective medication adherence support," Shrank said.
Publix celebrates 85 years
BY DSN STAFF
LAKELAND, Fla. — Publix last week celebrated 85 years of serving customers and their local communities. Founded in 1930 by the late George Jenkins in Winter Haven, Fla., Publix has grown from a single store into the largest employee-owned supermarket in the United States with more than 1,100 stores across six states, the company stated.
“As we celebrate our 85th anniversary and look to the future, I want to thank our associates, past and present, for their contributions in building a company that is much more than just a supermarket,” Publix CEO Ed Crenshaw said. “And to our loyal customers, it’s been our pleasure to serve you and your families for more than eight decades. We thank you for allowing us into your homes to be a part of all the memorable occasions in your lives.”
Jenkins dreamt of opening a store that was different — a store that operated on a set of values that everyone could feel when they walked through the door. Publix refers to these founding values as the Lessons of Mr. George.
In recognition of the company’s 85th anniversary, Publix included associates, customers and suppliers in celebrations focusing on a different lesson each month. The following is a month-by-month breakdown of some of Publix' 85th anniversary celebrations:
- March: Invest in others — As a token of appreciation for the supply chain, Publix associates across the company took the time to personally thank their supplier partners.
- April: Give back — As part of “Publix Serves Day”, more than 4,000 Publix associates across six states volunteered their time and supported over 125 nonprofit organizations within their local communities, the company said Projects included beautification efforts, food pantries, backpack feeding programs, tutoring & reading resources, painting and building;
- May: Prepare for opportunity — Publix provided training and development opportunities to help associates grow. The promotion prize patrol was out in full force capturing associate promotions at every level and sharing in the excitement of what lies ahead for these up and coming leaders;
- June: Be there — During “Be There Day,” company leaders engaged with associates working side by side, learning roles and responsibilities, sharing stories and connecting with each other;
- July: Respect the dignity of the individual — Publix president Todd Jones challenged associates to get to know each other. Associates answered a series of questions designed to get associates talking, learning and exchanging ideas. Upon completion of the challenge, associates received coupons redeemable for two free gourmet cupcakes — one for them and one for their new friend; and
- August: Treat customers like royalty — Publix customers were randomly selected and treated like royalty, including providing a Publix gift card, flowers, crowns and tiaras, green carpet and all. In the community, the customer prize patrol surprised customers with random acts of kindness, including visiting a local hospital and showering new moms with baby baskets; attending sporting events and upgrading seats; and randomly handing out thank you notes with Publix gift cards enclosed, the company said.
Cardinal Health names former Treasury Department COO to board
DUBLIN, Ohio — Cardinal Health on Tuesday elected Nancy Killefer to its board as an independent director, effective Sept. 14.
Killefer most recently served as senior partner of McKinsey and Co. until her retirement in 2013. She also served in the United States Department of the Treasury as the assistant secretary for management, CFO and COO.
“Nancy has incredibly strong health care and leadership experience,” said George Barrett, chairman and CEO Cardinal Health. “We believe her perspective on the rapidly evolving health care industry as well as her broad corporate board experience will be particularly relevant. We're very pleased to welcome her to our board of directors.”
Killefer served as the founder and managing partner of McKinsey's Public Sector practice and on the Shareholders Committee, the firm's governing board, where she chaired the People Committee. She also served on the company's Professional Standards Committee, the Client Service Risk Committee and the Director's Review Committee.
Killefer serves on the boards of the Advisory Board, Avon Products and Computer Sciences.
She earned a Master of Science in Management from the Massachusetts Institute of Technology and a Bachelor of Arts in Economics from Vassar College.
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