How Do You Keep Up (with change)?

Every sector of the health care industry is evolving rapidly. Here are a few current examples. Drug distributors are currently working to implement serialization of products as mandated by the DSCSA to further secure the integrity of the supply chain.  Health care companies who handle, distribute, fulfill, dispense, or administer hazardous pharmaceutical products; and entities who compound non-sterile, sterile, non-sterile hazardous, and sterile hazardous products for administration to patients are feverishly assessing operations, weighing process changes, and finalizing educational components for employees about revised USP 795, USP 797, and USP 800 standards scheduled to take effect December 1, 2019.  The passage of the Farm Bill in late 2018 has caused an explosion of cannabidiol (CBD) product offerings. What CBD products are safe to carry? What are my State’s laws regarding CBD products, and where should I source CBD products?  Retail pharmacy accreditation is receiving renewed interest. Is retail accreditation something I should be pursuing?  How should I prepare for this accreditation?
Admittedly, it’s difficult, if not extremely challenging to balance everyday responsibilities and tasks while still trying to keep abreast of the changes occurring in your business ecosystem. So how DO you keep up with the changes?  Importantly, where do you start?
That’s where PMC can assist you. We provide specialized services in the areas of management, administration, regulatory compliance, and identifying best practices. We assist clients by conducting an internal review of operations to identify potential opportunity areas. Then we collaboratively work with you to implement action plans to bring your operation forward. We help our clients better manage the challenge of staying abreast with market changes and we assist them in matching resources to business needs.
Take that first step to “keep up” and advance your future success. Use the Contact Us page to reach us and request a time to discuss your needs and how we can help.

VAWD Accreditation Benefits

Understandably, OptumRx’s decision in August 2016 to only accept billed claims for products purchased from a Verified-Accredited Wholesale Distributor (VAWD) prompted mixed reactions. It caused pharmacies to question their suppliers, and consequently, forced many wholesalers and distributors to make some tough decisions.
One of our healthcare clients who was grappling with the OptumRx decision last August recently completed NABP’s VAWD accreditation process. They found the experience to be very valuable, and said they were glad that they opted to seek VAWD accreditation.
Why? Now they are a more engaged stakeholder in the drug supply chain. It has raised their awareness about contaminated, diverted, or counterfeited drugs. They strengthened the education and training of their employees. They implemented quality standards that have improved the culture within their company. They have a much better comprehension and appreciation of their role in helping protect the public. They are proud of the role they play in the supply chain ecosystem, and the enhanced value they are providing their customers. They also came to realize that VAWD accreditation through NABP complements the Drug Quality Security Act (DQSA/DSCSA).
Need assistance with obtaining VAWD accreditation? Write or give us a call. Our experience in regulatory compliance, combined with our methodology will organize, prepare, and transform your business to meet your goal of VAWD accreditation.