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AMCP-OSU Chapter Info Session 10/17/2016

AMCP-OSU Chapter Info Session 10/17/2016. P&T. Pharmacy and Therapeutics (Not pharmacology and therapeutics) Hospital systems, insurance providers etc. have P&T committees to determine if they should add a drug to formulary or not

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AMCP-OSU Chapter Info Session 10/17/2016

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  1. AMCP-OSU Chapter Info Session10/17/2016

  2. P&T • Pharmacy and Therapeutics (Not pharmacology and therapeutics) • Hospital systems, insurance providers etc. have P&T committees to determine if they should add a drug to formulary or not • Take into consideration the cost and efficacy of the drug to determine if there is an improvement in health outcomes and if it is worth the money

  3. Background • Formulary: • list of prescription drugs used by practitioners to identify drugs that offer the greatest overall value (efficacy and cost.) A committee of physicians, nurse practitioners, and pharmacists maintain the formulary • Prior Authorization: • requirement that your physician obtain approval from your health insurance plan to prescribe a specific medication. PA is a technique for minimizing costs, as benefits are only paid if the medical care has been pre-approved by the insurance company

  4. What Is The P&T Competition • Real world experience of formulary management • Understanding how to utilize medical and research data for health-care system outcomes • Working with scientific evidence to determine efficacy and economics of patient population • Utilizing disease state guidelines to determine efficacy of drug • Broadening your scope of pharmacy to international regulations of drugs to determine efficacy of treatment

  5. Why Is The P&T Competition Important • Learn how to determine the best treatment outcomes for a patient population • Ensure that patients can get the best possible treatment • Understand the steps that a health-care system needs to take to add a drug on its formulary • Realize the importance of both efficacy and cost to a health-care system • Quality-Adjusted Life-Year (QALY) • Life expectancy adjusted based on utility • QALY = time in health state × utility of state

  6. Advantages of the Competition • Experience the process to Prior Authorization and how to get a drug to formulary • Apply Drug Information searching to real world situations • More competitive for Internships, Fellowships, and Residencies

  7. P&T Competition: OSU AMCP Chapter • Many appearances at nationals, especially mid ’00s • Highest finish 2nd place nationally: • 2007: Amanda Bain, Jessica Dell’Omo, Laura Koop, Philip Schwieterman • 2008: Laura Koop, Eleni Lekas, Negin Soufi-Siavash, Dennis Sperle • Last appearance at nationals was 2012

  8. 2007 OSU Team 2nd Place Nationally • Laura Koop (P1), Jessica Dell’Omo (P3), Amanda Bain (P4), Philip Schwieterman (P3)

  9. 2012 P&T Team – National Finalists Dave, P3 Vanessa, P1 Becky, P3 Anne, P2 AMCP format for dossier submission Clinical trial evidence Pharmacoeconomic evidence and modeling Pharmacokinetics, drug interactions, monitoring

  10. Last Years Winners (OSU chapter) Naru, Chris, Mitch, and Sammi

  11. National Competition Finalists 2016 • First Place Recipients: $4,000 scholarship • University of California, San Diego • Second Place Recipients: $3,000 scholarship • University of Southern California • Third Place Recipients: $2,000 scholarship • University of California, San Francisco

  12. How Is The Coursework Constructed • Submission A • Critique of eDossier (following eDossier guidelines) • Critique of studies used (Delfini score system) • Submission B • Critique of studies used (Collaborative toolkit) • Submission C • Monograph • Submission D • Economic model (5 pages) • Presentation

  13. Expectations of the Competition • Entire group has to complete all parts of the coursework to pass • Each participant should have at least 3 weeks free to complete their section • Team should maintain communication with each other during the break • Team should be able the meet a few times to setup and submit

  14. Grading • It is a 2 credit elective • It is taken as Pass/Fail • All portions have to completed and submitted before the deadline

  15. What’s New • This year is the first time that groups get to pick their own teams

  16. When The P&T Competition Take Place • Technically during the winter break • Deadline to register: • 11/06/2016 • Confirmation of groups: • 11/08/2016 • Written material deadline: • 1/13/2017 • Presentation deadline: • 1/20/2017

  17. Teams • Competitors can register as team, or as an individual • Each competing group will have a maximum of 4 members • Competitors can choose who they want to team up with • Teams are advised to select a team captain

  18. Register • OSU-AMCP registration by 11/06/2016 at: • http://go.osu.edu/pandt • Teams will be announced ~ 11/08/2016

  19. Questions? ?

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