PHARMACY

McKesson unveils 5 ways value-based reimbursement is trending

BY Michael Johnsen
NEWTON, Mass. – Executives from McKesson Health Solutions and researcher ORC International will unveil the results of a new national research study on value-based reimbursement trends, commissioned by McKesson, at an exclusive session during AHIP’s Institute 2016, the companies announce Tuesday. 
 
The research will reveal how much progress healthcare has made on the journey to full value-based payment, where the industry sees itself in two and five years, which payment models are growing fastest, where payers and providers are succeeding, what the challenges are and predictive trends. 
 
“Healthcare reimbursement is evolving fast and that’s increasing the complexity of reimbursement,” stated Carolyn Wukitch, SVP and general manager, Network and Financial Management, McKesson Health Solutions. “This is a rare chance to learn how both payers and providers are reacting, what strategies they’re using and plan to use, what’s working, where the gaps are, and how they can win in an increasingly value-based and consumer-driven healthcare world.”
 
In addition to Wukitch, the session, “Market Update: New Research Insights on Reimbursement Models,” will be presented by Andrei Gonzales, director of VBR initiatives and Dana Benini, VP ORC International. 
 
It will be held at AHIP’s Institute 2016 at the Wynn/Encore in Las Vegas on June 16. 
 
The AHIP Institute 2016 event brings healthcare professionals together to tackle challenges, uncover opportunities, and work together to advance healthcare. At the show, McKesson will feature its comprehensive suite of reimbursement solutions that help payers and providers eliminate waste, ensure accurate and timely payment, promote quality care and support wise consumer decisions.
 
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MinuteClinic opens new clinics in Md. Target stores

BY Gina Acosta

WOONSOCKET, R.I. — MinuteClinic has opened eight new locations inside Target stores in Maryland, including six in the Baltimore metropolitan area.

The clinics – located in stores in Annapolis, Baltimore (Canton), Bel Air, Cockeysville, Ellicott City, Nottingham, Silver Spring and Towson – have been rebranded and converted to MinuteClinic. There are now 43 MinuteClinic locations in Maryland, including clinics in select CVS Pharmacy stores.

"The new MinuteClinic locations inside Target will offer the same scope of services available to patients at all our other clinics in Maryland and nationwide," said Andrew Sussman, M.D., president of MinuteClinic, and EVP and associate chief medical officer of CVS Health. "In addition, some services will be new to Target guests, including treatment for minor sprains and strains, contraceptive care and smoking cessation counseling." 

With the new MinuteClinic in Target locations, Sussman says MinuteClinic can continue to play a complementary role in working with primary care providers. MinuteClinic locations in Maryland are affiliated with MedStar Health and University of Maryland Medical System.

"About 50 percent of MinuteClinic visits occur on evenings, weekends and holidays when patients may not be able to get an appointment with their primary care provider and otherwise may need to choose more expensive emergency department or urgent care options," he said. "Also, approximately half of the patients seen at MinuteClinic are 'medically homeless' and do not have a personal physician."

In December, CVS Health acquired all Target pharmacies (1,672 locations across 47 states) and retail clinics (79 locations in seven states). Target-based pharmacy locations are being rebranded CVS Pharmacy over the next several months and will operate through a store-within-a-store format. Target clinic locations are being rebranded as MinuteClinic over the next few months as well.  

The MinuteClinic walk-in medical clinics inside Target stores in Maryland operate from 9:00 a.m. to 7:30 p.m., Monday through Friday (Annapolis and Baltimore locations close at 7 p.m.) and from 9 a.m. to 4 p.m., Saturday and 9 a.m. to 4 p.m. Sunday (Annapolis and Baltimore locations open at 11 a.m.).

MinuteClinic locations inside Maryland Target stores include:

  • Annapolis:  1911 Towne Centre Blvd.
  • Baltimore:  3559 Boston St.
  • Bel Air:  580 Marketplace Dr.
  • Cockeysville:  9901 York Rd.
  • Ellicott City:  4390 Montgomery Rd.
  • Nottingham:  5230 Campbell Blvd.
  • Silver Spring:  12000 Cherry Hill Rd.
  • Towson:  1238 Putty Hill Ave. 
     

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Lupin gets FDA approval for Vfend generic

BY David Salazar
SILVER SPRING, Md. — The Food and Drug Administration has approved Lupin’s U.S. subsidiary Gavis’ generic Vfend (voriconazole), the company announced Monday. The drug is indicated to treat invasive aspergillosis, esophageal candidiasis and other serious invasive fungal infections. 
 
Lupin’s generic will be available as 50- and 200-mg tablets, and as a 40-mg/mL oral suspension. The tablets had U.S. sales $92.8 million and the oral suspension had $15.9 million in sales, according to IMS Health estimates as of March 2016.  
 
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