For several years in a row, Boston Medical Center Health System (BMCHS) was experiencing potentially detrimental operating losses. In 2014, the time was right for the system to create a specialty pharmacy program that would not only give back to the community, but would recharge their financial situation.
As a safety net and disproportionate share hospital, BMCHS’s 340B eligibility provides the opportunity to stretch limited financial resources to better serve their community. Along with optimizing 340B drug savings and making significant operational improvements, BMCHS developed a revenue-generating specialty pharmacy program based on a liaison model enabling pharmacy experts to partner with providers, nurses, care managers and other staff to support patients on specialty medication therapies.
Download an insightful case study on how Boston Medical Center Health System made changes that led to major improvements in system operating margins, patient access to specialty medications, and disease response and other clinical outcomes.