Coping With ‘Financial Toxicity’

Multiple myeloma, a type of cancer affecting the bone marrow, will be diagnosed in an estimated 27,000 Americans this year. Advances in research are expanding treatment options and improving outcomes in multiple myeloma patients, but these new medications often come with a higher price point. The expensive treatments for this disease have triggered alarming developments:…

When Price Stands in the Way

Medication non-adherence can be traced back to numerous causes. For some patients, the side effects of a given medication become too burdensome. Sometimes it is simple forgetfulness that keeps a patient from faithfully taking all prescribed treatment. And then there is the cost burden of treatment. Price barriers account for a significant slice of the…

Making Assumptions

Many physicians would likely be surprised to learn that their patients are not as faithful at taking important medications as they think. Medication adherence continues to be a drain on optimal treatment outcomes for serious diseases. HealthPrize Technologies, an industry-leading medication adherence and digital patient engagement company, recently surveyed physicians about adherence. The physicians surveyed…

Even Successful Treatment Can Come With Unintended Effects

Kimberly M. Hicks, Pharm.D., M.H.A., Clinical Pharmacy Specialist at BioPlus Specialty Pharmacy   The relationship between breast cancer and a woman’s wallet is a good news/bad news situation. The good news is that women who survive breast cancer treatment are, well, alive. The bad news is that a significant number of these women deal with…

A Special Touch

Brittany Trane knew that she’d really found the right place to work, soon after starting at BioPlus Specialty Pharmacy. One of the first patients she interacted with was Craig*, a patient with multiple sclerosis, who had been prescribed a new medication, called Rebif®. Rebif is used in the relapsing form of multiple sclerosis, to decrease…

Patient Adherence Goes Up as Out-of-Pocket Costs Go Down

The sky-rocketing cost of healthcare certainly isn’t breaking news. There is, however, an unfortunate trend related to these rising fees. As costs increasingly shift from payers onto the patients themselves – through greater out-of-pocket costs – finances for some patients hit a threshold which impacts adherence. In other words, some patients are simply getting priced…

Patient Assistance Lends a Hand

Specialty pharmacy continues to see annual increases in terms of U.S. spending on prescriptions for the treatment of complex or chronic diseases. URAC estimates that specialty drugs account for more than $50 billion of U.S. drug expenditures and comprises nearly 20 percent of the total pharmaceutical revenue. Specialty pharmacy is expected to make up approximately…

Safety Net: Patient Assistance Programs

Guest Blog: Barbara Weller, Vice President of Finance When a loved one is sick with a life-threatening illness, knowing that there are treatments available is comforting. Life-saving treatments priced out of the budget however, is less than comforting. Many chronic and life-threatening diseases require medications costing thousands of dollars. Most families find that their insurance…