Overview
Developed by clinical pharmacists at Pharmacy Advantage, DromosPTM addresses the full spectrum of challenges specialty pharmacies face every day. It’s an easily-configurable Patient Therapy Management solution for streamlining clinical activities — from securing prior authorizations (and / or supplementary funding) to simplifying processes for drug delivery, refill, and counseling support.
Since its 2014 launch, Pharmacy Advantage’s pharmacists have used the system to build an unsurpassed warehouse of proprietary patient outcome data; a wealth of information equaled only by DromosPTM’s drug reference resource database feature — offering instant access to manufacturer information, including potential allergies & interactions.
It’s also a powerful business tool — guiding pharmacy operators toward best practices and eliminating duplicative tasks, while generating invaluable operational metrics. And by automating workflows, DromosPTM maximizes pharmacists’ opportunities for genuine interaction, and hands-on counseling, with each patient served.
In short, DromosPTM gives everyone to do the job they trained for. Better. Faster. With less stress, and more job satisfaction.
Less Stress
More Job Satisfaction
Easy to implement, integrate and master
DromosPTM is a Software-as-a-Service (SAAS) product, requiring only a secure internet connection to use. The system already integrates into McKesson’s EnterpriseRx — and can be adapted to work with practically any dispensing software system used by pharmacies today.
Its intuitive user interface, refined over a six year period of development and utilization, can be easily mastered by most users within a week; some pharmacists have even reported achieving basic operational competence within a single day.
Configurable for your pharmacy operations
DromosPTM can be tailored to suit the operational needs of a hospital, specialty or retail pharmacy. Individualized user roles, as well as detailed permissions, allow each staff member to see — and do — exactly what’s necessary at any given time. Configurable workflows allow for fast, easy changes to processes — whenever needed to meet the evolving requirements of pharmacy staff, patients, prescribers, third party payors and drug manufacturers.
Enhances reporting and monitoring capabilities
DromosPTM enables pharmacists to easily record and report data on treatment, counseling, adherence and outcomes for each patient. The system also generates a variety of the dispensing, inventory and patient status reports required by drug manufacturers to secure limited-distribution drug contracts.
Positions pharmacies for growth
At the inception in 2011, one of the central goals of DromosPTM’s development team was to help Pharmacy Advantage better serve the needs of its expanding base of complex patients. Since the system’s 2014 launch, Pharmacy Advantage has experienced significant increases in total revenue — particularly in specialty medication revenue.
Nationwide, increases in specialty pharmaceutical spending far outpace growth in traditional medication spending. In 2015, specialty therapies accounted for 37% of total US prescription expenses. That share of the total expenditure is expected to reach 50% by 2018. At the most fundamental level, the trend is due to a growing and aging US population — which will continue to drive demand for specialty treatments addressing a wide range of specific and rare disease states.
Improves patient outcomes
DromosPTM improves clinical outcomes by certifying that patients receive their medications when and where they need them. The system enables clinicians to easily develop individualized care plans for patients, with regular counseling to ensure compliance with often-complex medication regimens. The plans are then tracked and routinely followed-up on, with personal counseling support, to help patients cope with their health problems. Work queues include proactive scheduling — to confirm that prior authorizations are renewed before they expire; refills are scheduled before medications run out; and patients are supported each step of the way.
Increases pharmacy revenues
In the healthcare industry today, data increasingly drives providers’ ability to attract and serve patients. One of DromosPTM’s most valuable functions is the approach to capturing detailed clinical and operational outcomes. The system makes it easy to report the exact information drug manufacturers covet — and can adapt to changing data requirements over time. All of which can drive additional revenue — both from data reporting contracts and access to limited-distribution medications.
DromosPTM gives specialty pharmacies operational and data management capabilities that increase the likelihood of earning third-party accreditations — a key requirement from pharmaceutical manufacturers for pharmacies seeking to dispense specialty drugs.
During its first three years using DromosPTM, Pharmacy Advantage generated more than $770,000 of income from service agreements with drug manufacturers. Moreover, Pharmacy Advantage’s total billing has grown from less than $71 million in 2011 to over $236 million in 2016.
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2016
Drives operational efficiencies
DromosPTM has enabled Pharmacy Advantage to achieve a prior authorization approval rate of nearly 90%, and to fill most prescriptions within 48 hours — compared to an industry-wide average of 10 days. In addition, DromosPTM provides valuable intelligence into dispensing and adherence challenges — from rejected insurance claims and treatment of adverse events to financial reasons, including patients’ inability to pay.
approval rate
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Since the launch of DromosPTM at Pharmacy Advantage, data-entry time is down, workflows have become streamlined, and clinicians are spending more time focused on patients. All of which has led to a significant increase in staff morale.