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AMCP-OSU Chapter Info Session 10/17/2016

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1 AMCP-OSU Chapter Info Session 10/17/2016

2 P&T Pharmacy and Therapeutics (Not pharmacology and therapeutics)
Hospital systems, insurance providers etc. have P&T committees to determine if they should add a drug to formulary or not Take into consideration the cost and efficacy of the drug to determine if there is an improvement in health outcomes and if it is worth the money

3 Background Formulary: Prior Authorization:
list of prescription drugs used by practitioners to identify drugs that offer the greatest overall value (efficacy and cost.) A committee of physicians, nurse practitioners, and pharmacists maintain the formulary Prior Authorization: requirement that your physician obtain approval from your health insurance plan to prescribe a specific medication. PA is a technique for minimizing costs, as benefits are only paid if the medical care has been pre-approved by the insurance company

4 What Is The P&T Competition
Real world experience of formulary management Understanding how to utilize medical and research data for health-care system outcomes Working with scientific evidence to determine efficacy and economics of patient population Utilizing disease state guidelines to determine efficacy of drug Broadening your scope of pharmacy to international regulations of drugs to determine efficacy of treatment

5 Why Is The P&T Competition Important
Learn how to determine the best treatment outcomes for a patient population Ensure that patients can get the best possible treatment Understand the steps that a health-care system needs to take to add a drug on its formulary Realize the importance of both efficacy and cost to a health-care system Quality-Adjusted Life-Year (QALY) Life expectancy adjusted based on utility QALY = time in health state × utility of state

6 Advantages of the Competition
Experience the process to Prior Authorization and how to get a drug to formulary Apply Drug Information searching to real world situations More competitive for Internships, Fellowships, and Residencies

7 P&T Competition: OSU AMCP Chapter
Many appearances at nationals, especially mid ’00s Highest finish 2nd place nationally: 2007: Amanda Bain, Jessica Dell’Omo, Laura Koop, Philip Schwieterman 2008: Laura Koop, Eleni Lekas, Negin Soufi-Siavash, Dennis Sperle Last appearance at nationals was 2012

8 2007 OSU Team 2nd Place Nationally
Laura Koop (P1), Jessica Dell’Omo (P3), Amanda Bain (P4), Philip Schwieterman (P3)

9 2012 P&T Team – National Finalists
Dave, P3 Vanessa, P1 Becky, P3 Anne, P2 AMCP format for dossier submission Clinical trial evidence Pharmacokinetics, drug interactions, monitoring Pharmacoeconomic evidence and modeling

10 Last Years Winners (OSU chapter)
Naru, Chris, Mitch, and Sammi

11 National Competition Finalists 2016
First Place Recipients: $4,000 scholarship University of California, San Diego Second Place Recipients: $3,000 scholarship University of Southern California Third Place Recipients: $2,000 scholarship  University of California, San Francisco

12 How Is The Coursework Constructed
Submission A Critique of eDossier (following eDossier guidelines) Critique of studies used (Delfini score system) Submission B Critique of studies used (Collaborative toolkit) Submission C Monograph Submission D Economic model (5 pages) Presentation

13 Expectations of the Competition
Entire group has to complete all parts of the coursework to pass Each participant should have at least 3 weeks free to complete their section Team should maintain communication with each other during the break Team should be able the meet a few times to setup and submit

14 Grading It is a 2 credit elective It is taken as Pass/Fail
All portions have to completed and submitted before the deadline

15 What’s New This year is the first time that groups get to pick their own teams

16 When The P&T Competition Take Place
Technically during the winter break Deadline to register: 11/06/2016 Confirmation of groups: 11/08/2016 Written material deadline: 1/13/2017 Presentation deadline: 1/20/2017

17 Teams Competitors can register as team, or as an individual
Each competing group will have a maximum of 4 members Competitors can choose who they want to team up with Teams are advised to select a team captain

18 Register OSU-AMCP registration by 11/06/2016 at:
Teams will be announced ~ 11/08/2016

19 Questions? ?


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