SPARx

LEADERSHIP IN SPECIALTY PHARMACY

DRIVE NEW REVENUE AND IMPROVE PATIENT CARE CAPABILITIES WHILE ACHIEVING YOUR OPERATIONAL GOALS

The current healthcare environment is complex. Facing thin margins, leading-edge hospitals and health systems seek to leverage opportunities that enable them to improve their patient care capabilities while driving new sources of revenue. Many leaders recognize the potential value that specialty and ambulatory pharmacy provides. These leaders often seek a partner to help them realize their vision.

Though a hospital may be well-positioned to deliver care to the patient population, specialty pharmacy poses unique challenges in its ability to deliver effective care in the outpatient setting.

SPECIALTY MEDICATIONS OFTEN COME AT A HIGH COST – RANGING FROM THOUSANDS TO HUNDREDS OF THOUSANDS OF DOLLARS PER PATIENT.

WHILE LESS THAN 2% OF THE PATIENT POPULATION REQUIRES SPECIALTY DRUGS, THEY ACCOUNT FOR APPROXIMATELY 50% OF THE TOTAL DRUG SPEND.

SPECIALTY MEDICATIONS ARE OFTEN ASSOCIATED WITH COMPLEX ADMINISTRATION AND COMPLIANCE ISSUES.

LIMITED DISTRIBUTION DRUGS ARE OFTEN DIFFICULT TO OBTAIN FROM DRUG MANUFACTURERS.

THE IMPACT OF SPECIALTY DRUGS

< 2%

OF PATIENTS REQUIRE SPECIALTY DRUGS

50%

OF RX COSTS ARE DRIVEN BY SPECIALTY DRUGS

YOUR SPECIALTY AND AMBULATORY STRATEGY

SPARx delivers a unique offering of solutions to optimize your strategy while working to achieve your outpatient pharmacy goals. Our services deliver benefits across retail pharmacy, specialty pharmacy, and infusion services – providing dynamic value.

Retail Pharmacy – We provide the necessary resources and expertise to support the development of your retail capability. Our strategy prioritizes alignment to your operational goals.

Specialty Pharmacy – We provide full support from the initial business case through launch and ongoing pharmacy management. Our ability to leverage experts from across the country allows us to be responsive in meeting various development needs. We deliver specialty patient management powered by Therigy™ software technology.

Infusion Services – We provide deep expertise to align infusion services with your ambulatory strategy. We ensure that appropriate site-of-care infusion services are optimized for proper reimbursement.

ARE YOU READY?

Knowing the challenges that hospitals face in crafting their specialty pharmacy strategy, the SPARx team is uniquely positioned to achieve results. Our team of industry experts and their combined experience ensures that your program is built for success. Leverage our collective expertise – and unleash the powerful potential inside your health system.

“Without a strong Specialty Pharmacy capability, healthcare organizations are at risk of losing millions in revenue from those medications and related ambulatory care services.”