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Pharmacy Market Outlook Summer 2023

Jeni Hayes and Shannon Holden share insights on the Summer 2023 Vizient Pharmacy Market Outlook with host Gretchen Brummel. Jeni, and Shannon discuss the outlook’s projection, and ways that frontline staff can use the report.  
Guest speakers: Jeni Hayes, PharmD, MSPharm, BCPS Senior Clinical Manager for Pharmacy Outcomes  Vizient Center for Pharmacy Practice Excellence 
Shannon Holden, PharmD, BCACP, CACP Senior Clinical Manager for Ambulatory Vizient Center for Pharmacy Practice Excellence Moderator: Gretchen Brummel, PharmD, BCPS Pharmacy Executive Director Vizient Center for Pharmacy Practice Excellence 
Show Notes: 
[00:45-01:37] Enhancements and improvements in the Pharmacy Market Outlook this summer 
[01:38-02:24] Hot topics for this edition of the PMO 
[02:25-03:36] Expectations of adalimumab biosimilars 
[03:37-5:03] Spending impact on medications to treat autoimmune and inflammatory conditions 
[5:04-6:50] Insight into the new cardio-metabolic and neurology sections 
[6:51-8:43] Should we expect to see continued growth in spending on oncology agents 
[8:44-10:31] Final projection number for this edition 
[10:32-12:38] How frontline staff can use PMO in their work 
[12:39-13:05] Where to get more detailed information on PMO 
Links | Resources: 
Vizient Pharmacy Market Outlook Member link: Click Here
Vizient Pharmacy Market Outlook highlights public version: Click Here 
Semaglutide: weighing the pros and cons for use in pediatrics 
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Giving you the business: executive pharmacy leadership, Part 2

Vizient Pharmacy Vision Awards celebrate the values and achievement of our pharmacy members. The Excellence in Executive Leadership Award is given to an enterprise leader who demonstrates strategic insight, advances leading clinical practices, and shows business acumen for the entirety of their organization. Christine Collins, Senior Vice President and Chief Pharmacy Officer at Lifespan, this year’s winner of the Executive Pharmacy Leadership Award, joins Vizient’s own Dan Kistner, Group Senior Vice President of Pharmacy Solutions and host Gretchen Brummel to discuss executive leadership.
Guest speakers:Christine Collins, MBA, RPh, FASHPSenior Vice President and Chief Pharmacy OfficerLifeSpan
Dan Kistner, PharmDGroup Senior Vice President of Pharmacy SolutionsVizient
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Show Notes:
[10:07 - 10:06] How we are doing with succession planning, and preparing the next generation of leaders
[10:07 - 13:12] What we have to look forward to in the future
Links | Resources:
Vizient Pharmacy Vision Awards
Overview document
About the program
2022 award winners
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Giving you the business: executive pharmacy leadership, Part 1

Vizient Pharmacy Vision Awards celebrate the values and achievement of our pharmacy members. The Excellence in Executive Leadership Award is given to an enterprise leader who demonstrates strategic insight, advances leading clinical practices, and shows business acumen for the entirety of their organization. Christine Collins, Senior Vice President and Chief Pharmacy Officer at Lifespan, this year’s winner of the Executive Pharmacy Leadership Award, joins Vizient’s own Dan Kistner, Group Senior Vice President of Pharmacy Solutions and host Gretchen Brummel to discuss executive leadership.
Guest speakers:Christine Collins, MBA, RPh, FASHPSenior Vice President and Chief Pharmacy OfficerLifeSpan
Dan Kistner, PharmDGroup Senior Vice President of Pharmacy SolutionsVizient
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Show Notes:
[01:28 - 03:01] Christine’s background
[03:02 - 04:22] Dan’s Background
[04:23 - 09:35] Programs and expansion at LifeSpan
[09:36 - 19:18] Trends in executive pharmacy leadership
Resources:
Vizient Pharmacy Vision Awards
Overview document
About the program
2022 award winners
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Just culture - A case of mistaken identity

Every year, the Vizient Pharmacy Vision Awards celebrate the values and achievements of Vizient member pharmacies. In 2022, the MD Anderson Pharmacy Division won the Excellence and Performance Improvement Award for working toward a just culture through education and evaluation of adverse events. Dr. Marisa Mendoza and Dr. Ali-Reza Shah-Mohammed provide the details of their successful program.
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Guests:Marisa Mendoza, PharmD, CHCP, CPHQClinical Pharmacy SpecialistPharmacy Continuing Education ProgramMD Anderson Cancer Center
Ali-Reza Shah-Mohammadi, PharmD, MS, FISMP, CMQMedication Safety ConsultantDepartment of Patient SafetyMD Anderson Cancer Center
Show Notes:
[02:21] Just Culture and the Notre-Dame Cathedral fire
[04:11] First steps
[05:40] Importance of the gap analysis
[06:22] Educating all staff, not just leadership
[07:43] Passion counts
[09:03] Three misconceptions about Just Culture
[11:19] Staff response and implementation
[12:44] How to get started
[14:49] Future plans
Resources:
Vizient Pharmacy Vision Awards
Overview document
About the program
2022 award winners
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Public Defenders: A creative vaccination approach to public health

Vizient Pharmacy Vision Awards celebrate the values and achievement of our pharmacy members. The winners of the Excellence and Innovation Award implement an innovative approach to challenging patient care or operational practice issues with other departments or disciplines. Dr Kelsey Waier, director of operations; Dr. Jon Hutchinson, senior pharmacy supervisor; and Dr. Stephanie Kang, COVID vaccine coordinator from UCSF Health join host Gretchen Brummel to discuss their award-winning program.
Guest speakers:Kelsey Waier, PharmDDirector of Operations UCSF Health
Jon Hutchinson, PharmDSenior Pharmacy Supervisor UCSF Health
Stephanie Kang, PharmDCOVID Vaccine coordinator UCSF Health
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Show Notes:
[00:55 - 02:40] Kelsey, Jon, Stephanie roles at UCSF
[02:44 - 04:00] Others integral to the award
[04:01 - 06:19] Innovative approach to COVID vaccines
[06:20 - 07:49] What else differentiates their efforts
[07:50 - 09:28] Demonstrating Success
[09:29 - 11:22] Future plans for the program
[11:22 - 12:17] What would you like frontline pharmacy staff to know
Links | Resources:
Vizient Pharmacy Vision Awards
Overview document
About the program
2022 award winners
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Get back to where you once belonged in community pharmacy

Over the last century, delivery models and business practices in community pharmacy drastically changed. In recent years, we’ve seen this trend accelerate significantly. Dr. Randy McDonough CEO-Co-Owner of Towncrest Pharmacy discusses the challenges, positive opportunities within community pharmacy and how to take back the profession with host Gretchen Brummel.
Guest speaker:Randy McDonough, RPh, PharmD, MS, BCGP, BCPS, FAPhACEO/Co-OwnerTowncrest Pharmacies, Towncrest LTC, and Towncrest Wellness Apothecary
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Show Notes:
[00:45 - 03:37] Randy’s background
[03:38 - 13:21] Challenges facing community pharmacy right now and how to address those challenges
[13:22 - 19:56] Shifting the pharmacy narrative towards entrepreneurialism
[19:57 - 22:04] Vision for the future
[22:05 - 22:53] Where people learn more about Randy’s approach to community pharmacy
[22:54 - 25:14] What recent new practitioners, graduates and pharmacy students should know about community pharmacy and how can they contribute
Links | Resources:
CPESN USA
Towncrest Pharmacy
Randy McDonough: LinkedIn profile
Advancing & Transforming Pharmacy
Blueberry Pharmacy
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Comfortably Numb: long-acting bupivacaine products expert panel

The expanding market for long-acting, injectable bupivacaine gives clinicians multiple, additional anesthetic options. Dr. Kerry Schwarz and Dr. John Schoen both Senior Clinical Managers in the Vizient Center for Pharmacy Practice Excellence, join Gretchen Brummel to discuss a recent Vizient Expert Panel on the topic.
Guest speakers:Dr. Kerry Schwarz, PharmD, MPHSenior Clinical Manager Vizient Center for Pharmacy Practice Excellence
Dr. John Schoen, PharmD, BCPSSenior Clinical Manager Vizient Center for Pharmacy Practice Excellence
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
Show Notes:
[00:50 - 01:40] Kerry’s background
[01:40 - 05:26] What's happening in the long-acting bupivacaine market
[05:27 - 07:00] Why Vizient wants to look at this
[07:01 - 11:36] Details on the expert panel process
[11:37 - 13:07] What evidence Vizient reviews
[13:08 - 14:21] Questions John reviewed in the comparative effectiveness assessment
[14:22 - 16:25] What Kerry assesses in the expert opinion section
[16:26 - 17:08] How these findings can be put into practice
Links | Resources:
Long-acting bupivacaine products: full report (member link)
Long-acting bupivacaine products: panel summary (member link)
Expert panels (member link)
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When I come around-pharmacy consulting brings a green day to member spend

Managing pharmaceutical spend is a high priority of every health system pharmacy. The road to success is smoother when traveled with trusted partners. Wendy Talley, director of pharmacy and Dr. Ashley Wilson, pharmacy manager from St. Tammany Health System, as well as Dr. Tony Huke, pharmacy executive director and advisory solutions at the Vizient Center for Pharmacy Practice Excellence discuss their collaboration with host Gretchen Brummel.
 
Guest speakers:Wendy Talley, RPhDirector of Pharmacy St. Tammany Health System
 
Ashley Wilson, PharmD, MHAPharmacy ManagerSt. Tammany Health System
 
Tony Huke, PharmD, BCPSPharmacy Executive Director and Advisory SolutionsVizient Center for Pharmacy Practice Excellence
 
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
 
Show Notes:
[00:58 - 01:55] Wendy, Ashley and Tony’s and backgrounds
[01:56 - 02:58] Challenges and successes at St. Tammany around pharmaceutical spend
[02:59 - 04:21] How Tony added to their efforts
[04:22 - 06:00] Opportunities Tony saw and his approach to providing support
[06:01 - 08:16] Some of the wins that came out of this collaboration
[08:17 - 09:42] What do you want frontline pharmacists to know about when consultants are engaged with an organization
[09:43 - 11:30] Barriers or challenges with this project
 
Links | Resources:
Vizient Pharmacy Consulting
 
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There’s no putting the genie back in the bottle, pharmacogenomics are here to stay!

Vizient Pharmacy Vision Awards celebrate the values and achievement of our pharmacy members. The winner of the Excellence in Clinical Practice Award implements novel strategies to improve patient outcomes and reduce the cost of medication utilization.  Dr. Eric Teye Matey, Clinical Pharmacogenomics Pharmacist and Residency Program Director of the PGY-2 Pharmacogenomics program from Mayo Clinic Rochester discusses the forward thinking of the pharmacogenomics program at Mayo with host Gretchen Brummel.
 
Guest speakers:Eric Teye Matey, PharmD, RPh, MBAClinical Pharmacogenomics Pharmacist and Residency Program Director of the PGY-2 Pharmacogenomics program Mayo Clinic Rochester
 
Moderator:Gretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
 
Show Notes:
[00:51 - 04:54] Eric’s role at Mayo and background and integral pharmacogenomics team members
[04:55 - 06:16] Origins of the pharmacogenomics program at Mayo
[06:17 - 07:33] How the program has expanded
[07:34 - 08:35] Accomplishments of the program
[08:36 - 10:08] What frontline pharmacy staff should know about applied pharmacogenomics
[10:09 - 11:08] Future plans for the program
 
Links | Resources:
ASHP statement
CPIC
 
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Transcendental Medication Management: Transformational Practice in Pharmacy

Vizient Pharmacy Vision Awards celebrate the values and achievement of our pharmacy members. Dr. Travis Dick, director of clinical pharmacy practice, research and education and Dave Webster, director of acute care operations, both at the University of Rochester Medical Center discuss URMC’s award winning transformational practice programs with host Gretchen Brummel.
 
Guest speakers:Dr. Travis Dick, PharmD, MBADirector of clinical pharmacy practice, research and education University of Rochester Medical Center
 
Dr. David Webster, BPharm, RPh, MSBADirector of acute care operations University of Rochester Medical Center
 
Moderator:MBAGretchen Brummel, PharmD, BCPSPharmacy Executive DirectorVizient Center for Pharmacy Practice Excellence
 
Show Notes:
[01:00 - 01:46] Travis and David’s roles at URMC
[01:47 - 02:58] Integral Team Members to URMC’s Success
[02:59 - 05:32] Supply Chain Success and Recent Wins for the Team
[05:33 - 08:08] Advice for Others Looking to Duplicate URMC’s Success
[08:09 - 09:13] How URMC is Leveraging Technology
[09:14 - 11:11] How is URMC Approaching their Practice Model
[11:12 - 12:01] How Staff Received this Process and Recruiting Impact
 
Links | Resources:
Vizient Pharmacy Vision Awards
 
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