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CastiaRx has joined the Optum family. Together, we will deliver enhanced pharmacy care services and a better healthcare experience for the people we serve. You will continue to receive the same excellent service as we bring together these organizations in a way that helps people live healthier lives and helps make the health system work better for everyone. More information about Optum can be found at Optum.com.
Specialty medications are the fastest-growing driver of costs for plan sponsors and the drug pipeline is full of new therapies. Many of these life-changing drugs bring hope and promise to patients. But as specialty costs continue to rise, plan sponsors need the right set of tactics and strategies to ensure these drugs are delivered as cost-effectively as possible to patients who need them.
How Specialty Pharmacy is Changing the Supply Chain
Presented by Albert Thigpen, President and COO, CastiaRx
Pharmacy Benefit Management Institute Specialty Rx Forum
8:30 am, Thursday, September 13
Please join us as Albert Thigpen helps kick-off the forum, presenting on current issues and opportunities related to managing specialty pharmacy costs. From changes within the supply chain, to managing site of care, to leveraging technology to provide the right level of service intensity, new approaches are needed to address the unique challenges presented by this small, but costly subset of drugs.
“The challenges are real when it comes to managing specialty pharmacy, but so are the solutions. When patients get access to the right drugs, are supported by the right level of clinical intervention and succeed on therapy, there is a positive impact on the overall cost of healthcare,” said Albert.
We hope to see you in Minneapolis at PBMI’s second annual Specialty Rx Forum.
LDI Integrated Pharmacy Services and National Pharmaceutical Services (NPS) have joined to become CastiaRx, the industry’s leading Specialty Benefit Manager. CastiaRx provides a new specialty management approach, leveraging Diplomat’s specialty pharmacy and infusion expertise, while continuing to provide traditional full-service pharmacy benefit manager (PBM) capabilities.
With more than 800 drugs in the late-phase FDA development pipeline and a projection that 50% of U.S. drug spend will be for specialty by 2021, now is the time for specialty-focused solutions.
“The current PBM model wasn’t designed to address the challenges that come with specialty drugs,” said Albert Thigpen, president and chief operating officer, CastiaRx. “While CastiaRx offers traditional PBM services, we also bring broader depth to address the intricacies of specialty pharmacy management—under both the pharmacy and medical benefit."
Powered by Diplomat, CastiaRx has the clinical depth, patient care experience, compliance programs and analytic expertise to help patients achieve maximum benefit from their treatment.
“Managing specialty drug spend is part of our company’s DNA,” said Joel Saban, president, Diplomat. “CastiaRx can relieve the complexity of specialty drug management for small and midsize payers as we provide a true solution to help them prepare for what’s ahead.”
Read Diplomat’s full press release.
Industry experts from across CastiaRx and Diplomat Specialty Pharmacy will participate in a broad range of activities at the annual Asembia Specialty Conference in Las Vegas, Nevada this week. We look forward to presenting in multiple sessions as noted below.
The Rise and Role of Consumerism in Specialty Pharmacy
Monday, April 30, at 1 pm
Albert Thigpen, president and COO, CastiaRx, will present on the impact and opportunity of consumerism trends for specialty pharmacies.
“Healthcare providers sometimes forget that patients are also consumers. Other industries have become much more consumer-centric, using emerging technology and social platforms to simplify purchases,” said Albert. “Specialty pharmacy has an opportunity to make the healthcare experience much easier and more intuitive for our patients."
Specialty Pharmacy Today - Keynote Event
Tuesday, May 1, at 2 pm
Albert will join an esteemed panel of industry experts, hosted by CNN’s David Gregory to discuss the most pressing topics facing specialty pharmacy today.
About Asembia Specialty Conference
The annual conference connects manufacturers, specialty pharmacies, payers and service providers on a wide variety of topics aimed at better patient care and outcomes across specialty.