Wednesday, April 19, 2023
Idea Exchanges: Going Deeper on Biosimilars

This education session will explore the latest trends and information about biosimilars in pharmacy. This wide-ranging discussion will define what biosimilars are, their benefits, how they differ from biologics, biosimilar therapy for patients, and strategies for managing product substitution. We will also examine new regulations surrounding the use of biosimilars in practice and provide resources that pharmacists can use to stay up to date on new developments.

Learning objectives:

1. Identify a definition of biosimilars and identify their similarities and differences to generics.

2. Explain how to plan, develop, and implement a biosimilars program.

3. Demonstrate strategies to get buy-in from clinicians on the use of biosimilars.

4. Evaluate current organization processes and identify opportunities for biosimilar utilization.

Idea Exchanges: Purchased Services

Purchased services can account for 40-50% of an IDNs non-labor costs, but many organizations don’t have a clearly defined plan or strategy when it comes to dealing with this highly complex area. This discussion will allow for the free sharing of questions and answers to some of the most common and vexing purchased services challenges including lack of data insight and transparency, limited integration and span of control, and suppliers’ ability to adapt to changing needs and regulations so persistent in the healthcare setting. Participants will learn of strategies and resources to help uncover suppliers that support your values and objectives, provide transparency in both financial and operational areas, and collaborate with you to find the best solutions in regard to both cost and quality.

Learning objectives:

1. Demonstrate the importance of developing a clearly defined, comprehensive plan or strategy for managing purchased services, and be able to apply best practices and strategies to optimize cost and quality.

2. Explain strategies and practices to effectively evaluate suppliers and assess their ability to work in and truly understand the healthcare setting.

3. Explore methods for promoting collaboration and communication with suppliers, and develop skills for building effective partnerships to achieve mutually beneficial goals.

4. Uncover available resources and tools for managing purchased services, including technology solutions, data analytics, and other resources that can be leveraged to optimize performance and enhance overall organizational effectiveness.

Idea Exchanges: Going Deeper on Drug Shortages

This exchange is designed to equip hospital leaders with the practical solutions needed to address the complex issue of drug shortages. Participants will explore innovative strategies to manage shortages and ensure continuity of care for patients. Through case studies, group discussions, and expert-led dialogue, attendees will learn how to develop comprehensive drug shortage management plans, optimize inventory, and improve communication and collaboration among healthcare stakeholders. This program is ideal for anyone, including pharmacists, clinicians, administrators, and supply chain managers, who are seeking to improve their organization's resilience in the face of drug shortages.

Learning objectives:

1. Describe and demonstrate the importance of developing an organization-wide, executive-level drug shortage management strategy.

2. Examine and explain strategies for the use of generics in patient care.

3. Illustrate the usage of checklists and standards to ensure patient safety, including a Quality Evaluation Process.

4. Explain how providers, suppliers and GPOs can become collaborative partners in the fight for supply chain resiliency.

Idea Exchanges: Retaining Talent

Labor problems have been especially acute over the past several years as we adjust to a post-pandemic workplace. It’s hard enough to bring in new talent as organizations transform and grow, but how can you best keep the people you have? This dialogue will explore the importance of creating a positive workplace culture that fosters employee engagement and promotes professional growth. We will also explore the role of effective communication in building strong relationships with employees and providing them with the support they need to succeed. Additionally, we will examine the importance of offering competitive compensation packages, providing opportunities for development and advancement, and recognizing and rewarding top performers.

Learning objectives:

1. Explain the shift in the workforce generationally, with Boomers retiring and millennials, with very different values and expectations, beginning to dominate the workforce.

2. Uncover and differentiate what is most important to each level of employee (pay, balance, growth) in order to put initiatives into place that are meaningful.

3. Recognize the importance of employee growth and provide opportunities for growth, including, mentoring, coaching, and skill expansion.

4. Illustrate best practices and strategies for stimulating engagement, buy-in and a compelling culture that makes people want to stay.