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    McKesson Specialty Health Launches Optimization Toolkit for Oncology In-Office Dispensing Program

    Investing News Network
    Jun. 20, 2016 08:33AM PST
    Medical Device Investing

    THE WOODLANDS, Texas–(BUSINESS WIRE)–McKesson Specialty Health announced today the enhancement of its widely acclaimed In-Office Dispensing program for oncology practices by launching an Optimization Toolkit to drive improved financial performance and patient care excellence. The McKesson In-Office Dispensing program for oral oncolytics was first launched in 2010 to help oncology practices deliver local, high-quality oral …

    THE WOODLANDS, Texas–(BUSINESS WIRE)–McKesson
    Specialty Health
    announced today the enhancement of its widely
    acclaimed In-Office Dispensing program for oncology practices by
    launching an Optimization Toolkit to drive improved financial
    performance and patient care excellence. The McKesson In-Office
    Dispensing program for oral oncolytics was first launched in 2010 to
    help oncology practices deliver local, high-quality oral chemotherapy to
    their patients and increase their revenue. The new Optimization Toolkit
    adds unique components to the McKesson In-Office Dispensing program,
    including data analytics and dedicated oncology pharmacy expertise, as
    well as high touch operational support across marketing, workflow
    training and legal guidance. These Toolkit products and services help
    practices take their in-office dispensing business to the next level,
    maximizing revenue and ensuring therapy adherence and continuity of care
    in today’s challenging healthcare landscape.
    “More than half of the current phase III oncology pipeline is comprised
    of oral therapies, and the future will bring even more of these
    innovative treatments to the forefront,” said Randy Hyun, senior vice
    president and general manager of Provider Solutions for McKesson
    Specialty Health. “McKesson’s In-Office Dispensing program, along with
    the Optimization Toolkit, can help practices take advantage of this
    dramatic increase in oral oncolytics and identify revenue growth
    opportunities while supporting the delivery of safe, efficient
    high-quality care for patients.”
    The Optimization Toolkit is the first of its kind in the marketplace,
    providing several invaluable components to drive financial performance
    and exceptional care, including:

    • Data Analytics
      • Diagnostic data analytics that deliver useful, actionable
        intelligence by analyzing key metrics to uncover opportunities for
        business optimization
      • Benchmarking, goal setting and post optimization engagement
        analytics to measure success
    • Pharmacy Optimization Team
      • Strategic engagement opportunities with pharmacy experts designed
        to help practices diagnose opportunities and affect positive change
    • Operational Support
      • Suite of customizable tools and templates and expert guidance for
        practices looking to market their services to patients and
        prescribers
      • Advanced workflow and pharmacy training courses to enable
        practices to increase efficiency
      • Exclusive legal platform with guidance on state regulations for
        physician dispensing and retail pharmacy models

    “Supporting practices in optimizing and growing their dispensing
    programs is an important investment area for McKesson Specialty Health,”
    said Brandon Tom, senior director of Oral Oncolytic Services for
    McKesson Specialty Health. “We have helped more than 1,000 physicians
    implement dispensing capabilities over the last four years, so it’s
    important that we also focus on ensuring that they continue to evolve
    their programs to thrive in a rapidly changing environment. Establishing
    a network of practices as a best-in-class site of care for oral
    oncolytics is not only critical in providing the best patient care
    possible, but also in creating collaborative relationships with the
    payer and manufacturer community.”
    In-office dispensing of oral medications delivers key benefits to both
    cancer patients and practices by empowering seamless, uninterrupted
    quality care, enhancing practice revenue while providing a better
    patient experience, and supporting optimal outcomes. Comprehensive,
    in-house medication management enables improved medication compliance
    and continuity of care through better control of patient IV and oral
    therapy. Additionally, it is more convenient for patients, as it reduces
    the need to send them to an outside pharmacy or hospital for prescribed
    medications.
    “In the face of rising drug costs and decreasing reimbursements,
    community oncology practices need to consider innovative solutions to
    ensure practice growth and survival. Our in-office dispensing solution
    can help practices to not only expand their services and grow revenue,
    but also prepare for the many changes that will impact oncology – and
    most importantly, patient care – in the future,” Hyun concluded.
    About McKesson Specialty Health
    McKesson Specialty Health, a division of McKesson Corporation, empowers
    the community patient care delivery system by helping community
    practices advance the science, technology and quality of care. Through
    innovative clinical, research, business and operational solutions,
    facilitated by integrated technology systems, we focus on improving the
    financial health of our customers so they may provide the best care to
    their patients. For more information, visit www.mckessonspecialtyhealth.com.

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