With payer cost-containment measures continuing to escalate, patient access is top-of-mind for healthcare providers (HCPs) when deciding on prescribed therapy for their patients. Manufacturer-sponsored patient support programs are essential to helping patients get started and afford specialty and specialty-lite medications.
A survey of 1,000 physicians found that HCPs believe these programs significantly positively impact their ability to practice medicine – yet, only 60% felt the pharmaceutical industry has robust patient support services. With the constraints of intricate utilization management requirements a significant factor for HCP prescribing decisions, conventional approaches are no longer enough. Life science companies can deliver value to their HCP customers by meeting their expectations when it comes to supporting patient access.
Time constraints and administrative demands that compete with patient care – exacerbated by growing prior authorization (PA) requirements and staff shortages – significantly contribute to physician frustration and burnout. When you consider that almost 9 out of 10 providers describe the burden associated with PAs as “high” or “extremely high,” it comes as no surprise that the vast majority refrain from prescribing certain medications over half the time due to drug utilization requirements.
HCPs demand solutions that assist them in meeting their patient’s needs. According to a recent Bain & Company survey, around 60% of HCPs consider digital tools from pharma product manufacturers important to support patient education, provide physician support, and manage patient care. Biopharma manufacturers can provide immense value to HCP customers by taking a more customer-centric approach and offering digital solutions to streamline patient access workflows. A technology-enabled HUB that integrates seamlessly into the physician’s workflow and delivers the visibility they expect can help them effectively and efficiently manage the complexities of securing patient access to therapy.
Drug utilization management programs, such as prior authorization (PA) and step therapy, often need more transparency for patients and their providers to make informed treatment decisions. Most physicians struggle