Specialty Pharmacy Expansion
Expand member footprint among specialty pharmacy domain by engaging key influencers to promote NCPDP as the logical venue for the industry to engage and develop the next generation of interoperable solutions for care coordination.
The rapidly growing specialty pharmacy market is highly specialized and therefore unable to take full advantage of the efficiencies enabled by our existing standards. The potential to have an impact on specialty pharmacy is a natural fit with our purpose and vision, leveraging standards to streamline complex business needs and have an impact on improving health outcomes for patients receiving targeted, high-touch therapies. It also supports increased membership and participation by specialty pharmacy in our other standardization work. Our February 2018 Specialty Pharmacy Stakeholder Action Group validated strong interest in standardization using NCPDP’s multi-stakeholder, consensus-building process. An outcome was a request to form a work group to bring greater focus and coordination to developing standards for the electronic exchange of data in specialty pharmacy. A follow-up Specialty Pharmacy SAG was held in May 2018 during work group meetings and NCPDP's 2018 Annual Conference. In June, the Standardization Committee and NCPDP Board of Trustees approved the formation of WG18 Specialty Pharmacy. The new work group will give the segment a home to prioritize and work on workflows and transactions that would benefit from standardization. This can, in turn, fortify our existing standards, which do not fully address the level of complexity for all stakeholders involved in specialty – including patients.
Read more about NCPDP's Specialty Pharmacy Expansion+
- Benefits Industry – Provides a proven process and forum for addressing the needs of specialty pharmacy, with the potential to increase efficiencies, lower costs and help improve patient care.
- Benefits Providers – Automating transactions based on provider workflows enables clinicians to focus on patient care services.
- Benefits Patients – Patients with complex and/or chronic medical conditions can benefit from standardization efforts which may include faster access to specialty medications and better quality patient care.