Abstract

The American healthcare payment model introduced Pharmacy Benefit Managers (PBMs) into a position of power that currently puts into question the state of the pharmacy profession, especially in the community field. Reimbursement plans had been designed to benefit all stakeholders and save patients money but have only been shown to increase costs for these involved parties. There exist unresolved gaps in care as a result of the healthcare structure and underutilized skills of trained pharmacists who do not have the federal means to provide clinical services. Four collaborative payment models have been proposed, offering methods to quell the monetary problems that exist and are predicted to continue with the closure of community pharmacies and sustained influence of PBMs. These models may additionally allow the expansion of pharmacy career paths and improve healthcare benefits for patients. With a reflective perspective on the healthcare structure and knowledge of positive impacts with the inclusion of pharmacists, solutions to payment challenges could present a progressive approach to an outdated system. The impact of the COVID-19 pandemic highlights a dependency on pharmacists and community settings. This outlook on pharmacists may persist and an established expansion of services could prove beneficial to all healthcare stakeholders.

Highlights

  • Reimbursement for dispensing medications has been the most common form of payment in community pharmacy practice

  • This paper aims to outline the issues with the current payment structure within the United States (US), its impact throughout the pharmacy profession, and to introduce adapted payment models that offer alternative approaches in the pharmacy profession; these include strategies from value-based payment (VBP) structures and integrated business models

  • Patient prescription information remains unknown to the health plan until the medication is filled and filed as a pharmacy claim or when the physician releases the information to the health plan directly from its office records

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Summary

Purpose

According to a study published in the Journal of the American Medical Association (JAMA), 1 in 8 pharmacies in the U.S have closed down from 2009 to 2015 [1]. The California Society of Health-System Pharmacists (CSHP) presented that in the previous two years, an estimated 1 in 6 pharmacies had closed in the state of California alone. One substantial factor deemed responsible for these closures was the current reimbursement practice enforced by pharmacy benefit managers (PBMs). This paper aims to outline the issues with the current payment structure within the United States (US), its impact throughout the pharmacy profession, and to introduce adapted payment models that offer alternative approaches in the pharmacy profession; these include strategies from value-based payment (VBP) structures and integrated business models.

Introduction
History of Healthcare Payment Structure in the US
Impact of Pharmacy Closures to the Profession
Hospitals
Community Pharmacies
Patients
Ambulatory Care Pharmacies
Student Pharmacists
Academia
Changing Roles of Community Pharmacists
Proposed Models for Pharmacy Payment
Model 1
Model 2
Model 3
Model 4
The Impact of COVID
Conclusions
Full Text
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