Press ECS to exit
Zoom
PHARMACY

Health Mart leaders reflect on year of massive accomplishment at group’s annual meeting

BY Michael Johnsen

SAN DIEGO – Health Mart is taking patient relationships to the next level.

That was the key message Steve Courtman, Health Mart president, had for the standing room-only crowd of Health Mart pharmacy owners at the Health Mart annual meeting during McKesson ideaShare 2015. Courtman, who was led to the stage by a 12-piece marching band, shared his excitement about Health Mart’s major growth and massive accomplishments, and set the bar even higher for next year.

“We continue to enhance our quality, and it’s all built on the foundation of these great patient relationships,” said Courtman. “Your focus on monitoring EQuIPP to improve your quality outcomes is working — Health Mart exceeded the CMS Five Star goal in 2-of-the-3 adherence metrics, and we’re getting close to the Five Star goal on the high-risk meds measure.”

According to Courtman, more than 25% of the Health Mart stores are in the top 20% of all pharmacies in at least one measure. That’s good — but it is clear that good isn’t good enough for Health Mart’s top executive. “The Five Star goals are good, but we need to strive to be top 20% as a whole Health Mart network. Quality is what separates us from the competition,” he explained.

Health Mart’s focus on medication therapy management is also paying off, Courtman said. “In 2014, Health Mart stores were hard at work executing Mirixa MTM cases,” he said. “At our peak, we reached 70% of patients. The personal relationship you have with your patients helps you to have effective conversations, and these result in best-in-class MTM performance.”

And other independents are taking notice of the results at Health Mart. In the past 18 months, Health Mart membership has grown 25% Courtman reported, with the group now numbering more than 4,000 stores and growing fast. “Payers are seeking out Health Mart to discuss how to improve quality,” he said. “Health Mart is the best of a chain and the best of an independent because we can come together to create real change in the marketplace.”

To help Health Mart owners better compete for senior pharmacy patients, Health Mart introduced a Medicare Part D marketing package. “Seniors with their average 33 prescription fills per year are quite important to us,” he said. Medicare Part D open enrollment begins in October, and the plan changes go into effect Jan. 1. “The chains will be very active in and around both these dates, and so must we.”

To prepare independents for open enrollment, Health Mart offered  “guides, webinars, experts to help you learn what to do to get ready and deliver plan reviews so customers understand what their options are.”

Another key focus this year for Health Mart is the adoption of medication synchronization to drive outcomes, grow prescriptions and profits, and generally improve the overall pharmacist workflow. Med Sync programs are helping independent pharmacists transition toward a more patient-centric consultation model.

“Our businesses are at an inflection point,” noted Tony Willoughby, VP and Health Mart chief pharmacist. “In my view, Med Sync is driving us back to how pharmacy was meant to be practiced, and quite honestly, it’s where independent pharmacists are great.”

Willoughby brought Health Mart owners Ramesh Upadhyayula, Desert Outpatient Hospital Pharmacy, CA, and Randy McDonough, Towncrest Pharmacy, IA,  to the stage to discuss the transition in their businesses toward a patient-centric model.

“Gaining access to networks, bringing new patients into the store and expanding services: all three are necessary to help independent owners make that transition to a patient-centric care model,” Courtman said. “Let’s be specific as to what you can start today,” he said. “Be a top 20% performer as defined by EQuIPP, develop a Med D marketing plan to bring patients into your store and get at least 100 patients into a Med Sync program. This is about action. Get engaged. Become more involved.”

Health Mart also introduced a new award this year at the group’s Annual Meeting. Created to celebrate the unique qualities that set independent pharmacies apart, the first annual Health Mart Independent Spirit Awards went to three stores: Central Avenue Health Mart Pharmacy in Valley City, N.D.; Eden Drug Health Mart Pharmacy in Eden, N.C.; and Ben Franklin Apothecary in Duncanville, Texas.

Winners were given $1,500 to donate to the charity of their choice.

The Health Mart Annual Meeting closed with a presentation from motivational speaker Mike Robbins, author of the best-selling self-help books, including “Nothing Changes Until You Do,” “Focus on the Good Stuff” and “Be Yourself, Everybody Else is Taken.” Robbins, a one-time, up-and-coming pitcher in the minor leagues whose professional baseball career was cut short by an elbow injury, urged Health Mart owners to focus on their mindset, to be authentic in their interactions and to harness the power of appreciation. “You, as an owner and a leader, can really shift your mindset and perspective, and create the kind of change you want to see happen for you and the people around you,” he said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
PHARMACY

Ateb appoints two new executives

BY Lesley Thulin

RALEIGH, N.C. — Ateb announced Tuesday that it had appointed Mike Cantrell as VP for pharmacy network development and Mike Roberts as the director of analytics and pharmacy programs. Both will report to President and CEO Frank Sheppard.

“Mike’s extensive analytical knowledge, combined with his experience as a pharmacist operating pharmacy organizations, will aid Ateb as we strive to deliver measurable pharmacy-based patient care solutions,” Sheppard said.

As VP, Cantrell will develop quality-focused provider networks that manage healthcare costs and use community pharmacists to deliver care.

“We strongly believe that reducing healthcare costs through improved medication adherence and pharmacy-patient engagement is the answer to realizing true savings in the new healthcare ecosystem,” Sheppard said. “Cantrell’s experience will prove valuable as we develop solutions to position pharmacists as leaders in patient care.”

At the center of Ateb’s portfolio of medication synchronization solutions for independent and chain pharmacies is its patient management access portal at the center, which includes a Time My Meds med sync solution.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?
PHARMACY

New patient relationship tool helps pharmacists find savings for customers who need it most

BY Michael Johnsen

SAN DIEGO — One of the biggest challenges to patient adherence is that patients can’t take their medications if they can’t afford them. In December, McKesson developed a solution for its customers to help their patients stay adherent with their prescriptions.

Since then, almost 14,000 pharmacies have taken advantage of McKesson Patient Relationship Solutions’ LoyaltyScript@Retail program, a resource tool designed to boost adherence by providing pharmacists in-store, online, searchable access to medication financial assistance.

“Both sides of the equation, manufacturers and pharmacy operators, are really embracing pharmacy as a channel to access co-pay support for patients,” Stacey Irving, VP Channel Marketing MPRS, told Drug Store News. “And patients are increasingly looking to the pharmacy as a resource to help them address financial barriers they’re facing with their medication adherence,” she said. “It’s important for customer retention because it’s as competitive as ever out there. Pharmacies are genuinely focused on retaining patients and providing them value.”

According to McKesson research, more than one-third of patients ask their pharmacist about lower cost medications and 71% would be more likely to fill their prescription if the pharmacist could help deliver those savings.

LoyaltyScript@Retail can help pharmacists add value to their patient relationships, Irving added. “It’s a catalyst to start a dialogue and a way to strengthen that relationship,” she said. “Pharmacy has an opportunity to truly transform the cost and convenience of health care,” Irving added. “By providing patients the timely and relevant support they need, pharmacy is a critical part of the  solution,” she said.

“The macro trend of pharmacies really engaging in adherence solutions and looking at different ways to alleviate barriers with their patients, that’s where LoyaltyScript@Retail is relevant,” Irving said. “Pharmacists enjoy being able to directly help patients, and they  are using this solution as a way to engage patients in impactful conversations about adherence and the importance of their medications.”

Programs designed to help improve adherence were a major focus among the solutions on display at McKesson ideaShare 2015. The reason is simple, and the benefits go beyond helping to improve top-line sales with more prescriptions filled. Improving, and more importantly tracking, adherence will be a fundamental component of reimbursement as health care continues to shift from a fee-for-service to a quality care model. And pharmacies that can improve patient adherence and provide measured outcomes data will be attractive partners to all health systems and employers.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Which area of the industry do you think Amazon's entry would shake up the most?