Specialty Rx Source has the expertise and resources to assist a variety of healthcare organizations, including Specialty Pharmacies, PBMs, Hubs, & Hospitals.
- SPECIALTY PHARMACIES
- A specialty pharmacy is a type of pharmacy that specializes in the dispensing and management of medications for patients with complex, chronic or rare medical conditions such as cancer, HIV/AIDS, multiple sclerosis, rheumatoid arthritis, and others. These medications may require special handling, administration, monitoring, and/or patient education. Specialty pharmacies work closely with healthcare providers, payers, and manufacturers to ensure that patients receive the appropriate medications, support, and resources to manage their conditions effectively.
- PHARMACY BENEFIT MANAGERS (PBMS)
- A Pharmacy Benefit Manager (PBM) is a third-party administrator that manages prescription drug benefits for health insurance plans, self-insured employers, and government programs. PBMs negotiate drug prices with pharmaceutical manufacturers, process prescription claims, develop and maintain drug formularies, and provide other services to help lower drug costs and improve the quality of care. PBMs also work with pharmacies to provide patients with access to prescription medications.
- HOSPITALS
- A hospital that has a specialty pharmacy is a healthcare facility that provides specialized pharmacy services to patients with complex medical conditions or who require specialized medication. These hospitals have pharmacy departments that specialize in the dispensing, management, and delivery of high-cost, high-complexity medications used to treat serious illnesses such as cancer, multiple sclerosis, hepatitis C, HIV/AIDS, and others. These specialty pharmacies in hospitals typically work closely with the patient’s healthcare team to ensure that patients receive the medications they need, manage side effects, and monitor treatment outcomes.
- PHARMACEUTICAL SUPPORT SERVICE COMPANIES (HUBS)
- Pharmaceutical Support Service Companies, also known as Hubs, are specialized entities that provide support and coordination services to patients, healthcare providers, and pharmaceutical companies in managing complex medical conditions and therapies. They act as a centralized point of contact and communication between patients, healthcare providers, and pharmaceutical companies, helping to facilitate access to specialty medications, patient education, medication administration training, and ongoing support services. Hubs typically employ pharmacists, nurses, and other healthcare professionals who work closely with patients and their healthcare providers to optimize therapy outcomes and ensure medication adherence.
- HEALTHCARE TECHNOLOGY FIRMS
- A healthcare technology firm is a company that specializes in the development, implementation, and management of technology solutions in the healthcare industry. These firms offer a wide range of services, including electronic medical record systems, telemedicine platforms, mobile health applications, data analytics tools, and more. Their primary goal is to improve the quality of patient care, enhance clinical workflows, and increase operational efficiency for healthcare providers.
