What these professionals and stakeholders are saying about Prescribed Solutions …
From October 24, 2011
The Chronicle Herald
A Prescription For Cheaper Medication.
' Eric Crowell, director of the Saint Mary's University Business Development Center,
Says,
" Prescribed Solutions Consulting has found an innovative way to work within an existing system for much-needed changes.
" everyone knows that medical costs are an area where many solutions need to be found,
and our society needs to find them quickly.
It's great that we have a company here in Nova Scotia
that's innovating and producing better outcomes in ways that lower costs,
while maintaining the quality of treatment patients receive.
Sometimes the simplest approach is an amazingly effective one " he adds'
>>>>>>>>>>>>
If patients can’t afford their drug therapy, they won’t fill their scripts,
it’s as simple as that. From studying the prescribing patterns of physicians
over the last decade I have found that doctors have been kept astonishingly
ignorant of the comparative cost-effectiveness profiles of the key drugs they
routinely prescribe. I can’t think of any group in Canada doing a better job of
making this information available to doctors than Prescribed Solutions.
Their approach has always struck me as clever and innovative, arming doctors
with actionable messages which ultimately work to make prescribing more
affordable, and hence more effective.
Alan Cassels
Drug Policy Researcher and Author,
University of Victoria,
Victoria, BC
>>>>>>>>>>>>
Controlling costs is critical to ensuring that employee benefit plans are
sustainable and continue to meet the needs of employees, their families
and employers. As drug plans are often the most significant part of those
costs, they are an important focus for plan members and plan sponsors.
Addressing rising costs requires a collaborative approach: individual plan
members (employees), plan sponsors (employers) and prescribing physicians
all have a part to play in managing costs to keep prescription drug plans
sustainable. Ultimately, if a plan is unsustainable, it is plan members and
their families who lose out. I like the fact that Prescribed Solutions' model
engages physicians in the conversation and invites them to be part of the
solution.
R. J. (Roddy) Macdonald, CHRP
Vice President - Human Resources
Nova Scotia Liquor Corporation
>>>>>>>>>>>>>>>>>>>>>>
Canadian Generic Pharmaceutical Association statement
"Retail or reimbursed prices of generic drugs are being reduced in more
than 95 percent of the Canadian market. In virtually all jurisdictions,
prices are also being decreased for private sector payers, including
British Columbia, Alberta, Saskatchewan, Ontario, Quebec, and Nova
Scotia, which account for more than 90 percent of the Canadian market.
However, price doesn't matter if you're not using them.
The use of generic drugs by provincial drug plans in Canada is
considerably higher than generic drug use by private sector payers. Data
from ims brogan shows that generic drugs are dispensed to fill more than
60 percent of prescriptions paid for by public drug programs but only 47
percent of private sector prescriptions. Private sector payers in Canada
save an additional $126-million for every one percent increase in their
use of generic drugs.
In the United States market, which is dominated by private payers,
generic drugs are dispensed to fill fully 78 percent of all
prescriptions. If generic utilization in Canada was equal to that in the
United States, private sector payers would have saved an additional two
billion dollars in 2010."
"Innovative programs like Prescribed Solutions can help increase the
usage of generics and help payers control their plan expenditures..."
>>>>>>>>>>>>>>>>>>>
"The prescribing habits of physicians are a key driver in the rising cost
of health benefit plans, yet physicians have minimal knowledge of the cost
of the treatments they prescribe and no accountability. If patients are to
have access to medications, critical to their health, then health benefit plans
must remain affordable. Education of physicians through unbiased academic
detailing (education on pharmaceutical benefits and costs), such as offered
by Prescribed Solutions Inc, is an important step in influencing prescribing
habits without adversely affecting the health of patients, creating more
administrative activities (eg: managed formularies) or limiting access to
required medications. "
Matthew Burnstein, MD
Occupational Health Consultant
>>>>>>>>>>>>>>>>>>>>
PSCI HRM Project – Desjardins Support Statement
Plan sponsors need to effectively manage prescription drug costs over
the long-term if they want to keep their benefit plans viable.
To do this, they need to have a range of tools at their disposal –
what works for one group doesn't necessarily work for another.
As an industry stakeholder, we have a vested interest in helping plan
sponsors meet this challenge. The model developed by Prescribed Solutions
is very practical and comes at a time when sponsors have a strong appetite
for ideas beyond further cuts to benefits. By talking directly to physicians
about prescribing lower cost alternatives, and using independent research to
support it, they create an opportunity for positive impact on plan costs by
freeing up otherwise wasted benefit plan dollars. We want to be part of the
solution and our support of the project reflects that.
>>>>>>>>>>>>>>>>>>>>>
"Prescribed Solutions delivered the critical missing link to me as a drug
plan sponsor trying to control costs: physician engagement.
Their strategy is brilliantly simple: you can't beat the strategy of
Brand Pharma marketing, but you can use it to achieve your own goals.
I would use them again in any local area to engage physicians in
cost-effective prescribing and increasing usage of lower-cost prescriptions."
Hugh Paton
Strategic Partner at Connolly Financial Group
President at Paton Consulting Ltd.
>>>>>>>>>>
"There are a number of initiatives that suppliers of drug benefit
programs (i.e. employers and governments) can take advantage of and
build upon in order to help reduce the rising costs of pharmaceuticals.
However, the greatest success will most likely come from new and innovative
programs aimed at physician prescription writing behaviors. To do this, we
need to eliminate the knowledge gap between physicians and prescription
drug costs. The information needs to be made available and easily accessible
to the physicians…
…. The members of Prescribed Solutions Inc. are advocating on behalf of
governments, employers, and any and all organizations with drug benefit
plans provided to employees or populations."
Eric Wainwright, BSc, MHA
Physicians’ Knowledge of Prescription Pharmaceutical Costs.
A survey of Atlantic Canadian physicians.
>>>>>>>>>>>>>>>>>>
While everyone acknowledges the inexorable rise in the cost of
drug benefit programs is unsustainable, most payers feel powerless to
address this daunting challenge. Prescribed Solutions brings invaluable
insights into the forces driving these costs, and empowers payers with
proactive solutions designed to address this real and growing problem.
Roy Richardson
Healthcare Consultant
>>>>>>>>>>>>>>>>>>>>>>>>
“There’s no question that physicians’ prescription decisions have a large
impact on medication expenses. Prescribed Solutions’ innovative solution
aims to provide physicians with balanced information about which medicines to
prescribe – potentially reducing the costs of drug benefit plans.”
Lidija Marusic
Investment Manager
Innovacorp
>>>>>>>>>>>>>>>>>>
Quote By: Neil J. MacKinnon, PhD, FCSHP
“ While physicians did admit that they are generally not well informed about
the prices of the prescription drugs they are writing, they did express a desire
to have that information in order to make cost effective decisions for their
patients. They also expressed that it is difficult for them to obtain that
information, that it is not readily accessible. The encouraging part is that
physicians did express the opinion that if the appropriate information were
to be available they would use it to make cost effective decisions for their
patients. They would take into consideration the financial constraints of the
patient, and of the health care system.
Cost savings are possible, and can be realized through providing physicians
with the appropriate information, as was provided to the physicians by the
applied detailers. ( Prescribed Solutions)”
Neil J. MacKinnon, PhD, FCSHP
Associate Director for Research and Professor, College of Pharmacy
Professor, School of Health Administration
and Department of Community Health & Epidemiology, Faculty of Medicine
Dalhousie University
College of Pharmacy
5968 College St.
Halifax, Nova Scotia
President, Canadian Society of Hospital Pharmacists
Co-author, Take as Directed
http://www.ecwpress.com/book/take-directed
>>>>>>>>>>>>>>>>>>>>>>
“As a community pharmacist, working in a busy, sometimes hectic environment, I would be very supportive of any
Project that brings drug plan sponsors, unions, pharmacists and physicians together in a collaborative effort to
Provide a more efficient and cost-effective provision of prescription medicines.”
Jack Davies,
Community pharmacist
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