NCPA Future Pharmacist Programming Cheri Garvin, R.Ph., Leesburg Pharmacy Chris Simmons, R.Ph., PCCA Lea Wolsoncroft, R.Ph., KidsMeds Pharmacy INNOVATIONS IN PHARMACY PANEL INNOVATIONS IN COMPOUNDING PHARMACY Cheri Garvin, RPh Owner/CEO Leesburg Pharmacy Cheri@LeesburgPharmacy.com LEESBURG PHARMACY, INC. Opened in 1976 Located in Leesburg, Virginia which is 45 miles NW of Washington, DC Leesburg is the county seat of Loudoun County, the fastest growing county in the US Age categories: <19 = 13%, 20-44 = 44%, 4564 = 19% and >65 = 6% Average household income is $115,000/yr TOUR OF LEESBURG PHARMACY Wellness Center Medical Equipment and Home Health Care Medication Receiving Management Pharmacy OTC / Sundry Cards and Gifts Compounding Center MIX OF BUSINESS Regular Rx The Compounding Center Gifts DME % of Sales 49 20 3 6 NP % -0.2 21 2 12 WHAT IS COMPOUNDING? Compounding is the method of preparing customized medications to help meet unique prescriber and patient needs. THE COMPOUNDING CENTER CONSIDERING COMPOUNDING? Potential for greater net profits than traditional prescriptions Sets you apart from your competition It is professionally rewarding (and fun!) CONSIDERING COMPOUNDING More labor intensive than traditional Rx CONSIDERING COMPOUNDING Requires specialized equipment and training Liability concerns and insurance billing CONSULTATIONS Fee and appointment based consultations are offered in our Wellness Center MEN’S AND WOMEN’S HEALTH Bio-Identical Hormone Replacement Therapy Estriol, Estradiol, Progesterone, Testosterone, DHEA, Pregnenolone Customized dosage forms and combinations NUTRITIONALS Supplements for patients with Lyme Disease Vitamin/mineral replacement Herbal protocols and Probiotic support Sugar free and Dye free preparations for Autistic patients Intestinal support: Probiotics, Specialized Liquid, yeast protocols, chelation vitamin/mineral formulations capsule, powder-mix THYROID AND ADRENAL FATIGUE Supplements and lifestyle/dietary changes Customized thyroid preparation T4, T3, SR and IR and combinations MARKETING Your target audience might be the patient OR it might be the prescriber Direct marketing to consumers Direct marketing to physicians – offer to solve a problem Host seminars (HRT), attend local events (horse and dog shows) Word of mouth QUALITY AND SAFETY Policies and Procedures Process validation and consistency Sterility and Potency Testing Protection for staff REGULATIONS AND ACCREDITATION State Boards of Pharmacy regulate compounding pharmacies Compounding pharmacists should be compliant with the USP chapters 795 and 797 on non-sterile and sterile compounding (process validation, sterility and potency testing, P&P in place and followed) PCAB accreditation – the best thing we ever did! RESOURCES Professional Compounding Center of America International Journal of Pharmaceutical Compounding International Academy of Compounding Pharmacists National Community Pharmacists Association INNOVATIONS IN VETERINARY COMPOUNDING Chris Simmons, RPh VP Creative Development PCCA FLAVORING NEWS Steve Irwin.wmv PEDIATRIC PHARMACY PRACTICE Lea Wolsoncroft, R.Ph. KidsMeds Pharmacy . Why choose pediatrics? Children 6 and under are the 2nd largest group that uses medications Nearly 80% of medicines marketed in the United States do not carry recommendations for use in children Seniors use the most medications 60 million (20%) of the US population are children under 14 Pharmacists that specialize in pediatrics are needed Out of 250,000 pharmacists in US, about 1000 specialize in Pediatrics and 99% of those work in hospitals. CLINICAL SERVICES OTC Selection and Counseling Pulmonary Asthma, COPD, CF Influenza, H1N1 Immunization Compounding Nutrition Counseling Diabetes Obesity (weight management) IV services Specialty Meds (biotech & oncology Flavoring OTCS Critical need for pharmacists counseling to prevent harm Most common health issues in pediatric population DDD (Drug, Dosage, Duration) - varies by age and weight of child When to refer to physician? Cough, Cold, Fever Pain Itching, Rashes Constipation, Diarrhea, GI issues Allergies Business Opportunity: High profit margins (35-50%) And NO third party billing PULMONARY • Disease states that can be managed – – – • • • Asthma COPD Cystic Fibrosis Help manage disease therapeutically and through lifestyle changes Opportunity to mange patients with Collaborative Practice Agreements (CPA) Business Opportunity: Service fee for education, disease management, and sale of supplies IMMUNIZATIONS • Opportunity for educating patients regarding – – – • • Disease prevention Distinguishing seasonal influenza from novel H1N1 Treatment options Administer Influenza AND H1N1 Vaccines Business Opportunity: Administer vaccines (cash payment, can work with schools and day care centers), disease education (H1N1 FAQ), and sale of supplies (masks, hand sanitizers, and thermometers)1 1http://www.cnn.com/2009/HEALTH/07/25/uk.swine.flu.pharmacies/index.html IMMUNIZATIONS • • Currently all 50 states allow pharmacists to provide immunizations Pharmacist administer immunizations check your State Regs – – – – – • Age limitations: can you vaccinate children of all ages? Does state require RPh to finish certification course? (these often cover CDC guidelines and give CPR certification) Are interns allowed to immunize while working under trained preceptor? Do you need to work under protocol and obtain patient consent? Pre-notify PCP if contraindication (good practice to notify/document) Business Opportunity: Cash payment & third party billing. Can partner with local pediatricians, day care center, and schools COMPOUNDING One of the highest profit margin services Huge opportunity in pediatrics as children May not like taste of medication May not like taking pills Cannot take medication by mouth Commercial products may have inappropriate doses Rx needed that is alcohol, sugar, or dye free (allergies) Require medication in an alternative formulation: rinse, gel, pastes, cream, suppository, etc NUTRITION • • One of the newer services offered in pharmacies Provide nutrition information to parents and children to address – – – – – – – • Obesity Diabetes Poor growth Hyperlipidemia Eating Disorders Food allergies Chronic diseases (COPD, CF) Provide various weight management programs – Offer parent and children fun cooking classes DIABETES • High demand for management of diabetes in children – – – • • 186,300 children OR 1 in every 400-600 have Type 1 diabetes 2 million overweight adolescents have pre-diabetes Type 2 diabetes is on the rise among age 20 and under population Help manage disease therapeutically and through lifestyle changes Business Opportunity: Sale of diabetic supplies, education, and disease management OBESITY Number of obese children under 11 years have doubled since 1980 Need for pharmacists to inform parents and children about long term effects of obesity Increased prevalence of CV diseases in adolescence and adulthood Business Opportunity: Obesity prevention/treatment education, weight management (could work with a nutritionist), offer fun physical fitness program utilizing Wii fitness gaming system CONCLUSION • • • • • Pharmacists specializing in pediatrics are needed in community pharmacy setting Many clinical services can be implemented Opportunity exists for implementing profitable business services Greater earning potential as pharmacy owner Pediatric Specialty pharmacy presents a model of innovative clinical practice and a profitable independent pharmacy niche RESOURCES • NCPA – National Community Pharmacy Association http://www.ncpanet.org • Lea Wolsoncroft, KidsMeds Pharmacy – • PPAG – Pediatrics Pharmacy Advocacy Group – • http://www.kidsmedspharmacy.com/km_web/index.ht ml http://www.ppag.org/ Kids Meds – http://www.kidsmeds.info/ . QUESTIONS?