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Beyond the Counter: What is an example of a specialty pharmacy?

4 min read

Specialty drugs account for 55% of all prescription medication spending in the U.S., highlighting their significant role in modern healthcare [1.9.5]. This article explains what a specialty pharmacy is and provides clear examples and an overview of their essential, high-touch services for patients with complex conditions.

Quick Summary

A specialty pharmacy provides high-cost, high-touch medications for complex conditions like cancer and multiple sclerosis. Examples include CVS Specialty and Accredo, which offer patient care services beyond what a retail pharmacy can.

Key Points

  • Definition: A specialty pharmacy manages high-cost, high-touch medications for patients with complex or chronic conditions [1.2.1].

  • Examples: Prominent examples include CVS Specialty, Accredo (Cigna), and Optum Specialty Pharmacy (UnitedHealth Group) [1.3.1].

  • Conditions Treated: They service patients with cancer, rheumatoid arthritis, multiple sclerosis, HIV/AIDS, and other complex diseases [1.5.2, 1.5.3].

  • Core Services: Key services include patient education, 24/7 clinical support, financial assistance coordination, and adherence monitoring [1.4.3].

  • Key Difference: Unlike retail pharmacies, specialty pharmacies provide comprehensive, ongoing patient management, not just prescription dispensing [1.6.1].

  • Cost Management: A major function is helping patients and providers navigate the high costs and complex insurance requirements of specialty drugs [1.2.4].

  • Integrated Care: They work closely with doctors and insurers to form an integrated care team, improving patient outcomes [1.9.5].

In This Article

What is a Specialty Pharmacy?

A specialty pharmacy focuses on providing medications for patients with serious, complex, or chronic health conditions [1.2.2]. These are not the typical prescriptions you would pick up for a common infection or high blood pressure. Instead, specialty pharmacies handle high-cost, high-touch biologic, injectable, or oral medications that require careful management and patient support [1.2.1]. The core model is patient-centric, designed to improve health outcomes by providing comprehensive, coordinated care [1.9.3].

Unlike a standard retail pharmacy, a specialty pharmacy is deeply involved in the patient's treatment journey. Their role extends far beyond simply dispensing drugs. They provide a suite of clinical services, including patient education, adherence monitoring, side effect management, and coordination with healthcare providers and insurance companies [1.4.3]. Many of these pharmacies operate on a mail-order basis and possess accreditations from bodies like the Accreditation Commission for Health Care (ACHC) or URAC, which certify their commitment to safety and quality [1.2.2, 1.8.1].

What is an example of a specialty pharmacy?

Many of the largest specialty pharmacies are owned by or affiliated with major health insurance providers and pharmacy benefit managers (PBMs) [1.3.1]. This integration aims to control costs and streamline patient care for the most complex cases [1.9.5].

Here are some prominent examples of specialty pharmacies in the U.S.:

  • CVS Specialty: A division of CVS Health, it is one of the largest specialty pharmacies in the nation [1.3.1, 1.3.6].
  • Accredo: This is the specialty pharmacy for Cigna and its PBM, Express Scripts [1.3.1, 1.3.3].
  • Optum Specialty Pharmacy: Part of UnitedHealth Group, this is another major player in the market [1.3.1, 1.3.2].
  • AllianceRx Walgreens Prime: A collaboration involving Walgreens [1.3.1].
  • CenterWell Specialty Pharmacy: This is Humana's specialty pharmacy [1.3.1].

These organizations are equipped to handle limited distribution drugs (LDDs)—medications that manufacturers restrict to a small number of pharmacies to ensure proper handling and patient monitoring [1.3.4, 1.6.1].

Conditions Treated with Specialty Medications

Specialty pharmacies serve patients with a wide array of complex and often life-threatening conditions. These diseases require sophisticated medication regimens and close clinical oversight.

Common conditions include:

  • Oncology (Cancer) [1.5.2, 1.5.3]
  • Autoimmune Disorders such as Rheumatoid Arthritis, Psoriasis, and Crohn's Disease [1.5.2, 1.5.3]
  • Neurological Conditions like Multiple Sclerosis (MS) [1.5.2, 1.5.3]
  • Infectious Diseases such as HIV/AIDS and Hepatitis C [1.5.2, 1.5.3]
  • Rare Genetic Disorders including Hemophilia and Cystic Fibrosis [1.2.1, 1.5.1]
  • Infertility [1.5.2]
  • Growth Hormone Deficiency [1.5.2]

Core Services That Set Specialty Pharmacies Apart

The "high-touch" nature of specialty pharmacy refers to the extensive patient support services that are integral to their function. These services are crucial for managing complex treatments and ensuring patient adherence and safety.

Key services include:

  1. Patient Education and Training: Pharmacists provide detailed counseling on medications, including training for self-injections and managing potential side effects [1.4.1, 1.4.6].
  2. Financial Assistance Coordination: Specialty drugs are expensive. These pharmacies have dedicated teams to help patients navigate insurance coverage, prior authorizations, and connect them with financial aid from manufacturers or non-profits [1.2.4, 1.4.5].
  3. Adherence and Clinical Monitoring: They regularly follow up with patients via phone or other means to monitor treatment progress, encourage medication adherence, and report back to the prescribing physician [1.4.5, 1.4.6].
  4. 24/7 Clinical Support: Many specialty pharmacies offer round-the-clock access to pharmacists for urgent questions or concerns [1.2.4, 1.4.4].
  5. Special Handling and Delivery: They manage medications that require special handling, such as refrigeration during shipping, and coordinate mail-order delivery directly to the patient's home [1.2.5, 1.4.5].

Comparison: Specialty Pharmacy vs. Traditional Retail Pharmacy

Feature Specialty Pharmacy Traditional Retail Pharmacy
Medication Type High-cost, complex biologics, injectables, and oral drugs for chronic/rare conditions [1.6.1]. Medications for common, acute, and stable chronic conditions like high blood pressure or infections [1.6.1].
Patient Support Extensive, high-touch services including clinical monitoring, adherence programs, and financial assistance [1.4.3]. Primarily focused on dispensing and basic counseling at the point of sale [1.6.2].
Cost of Medication Very high, often costing thousands of dollars per month [1.2.3, 1.4.5]. Generally lower cost, including generics and branded drugs for common ailments.
Insurance Coordination Heavily involved in prior authorizations, appeals, and billing both medical and pharmacy benefits [1.4.5, 1.9.2]. Typically bills only pharmacy benefits with less involvement in complex authorization processes [1.4.5, 1.6.2].
Accessibility Often mail-order based; may be part of a limited network chosen by an insurer [1.2.5, 1.2.3]. Conveniently located in the community for walk-in service [1.6.1].
Provider Collaboration Acts as an integrated part of the care team, with regular communication with the physician [1.9.5]. Communication with providers is typically limited to prescription clarifications or refill requests [1.6.2].

Conclusion: An Indispensable Partner in Modern Healthcare

Specialty pharmacies play a critical and growing role in the healthcare system by managing the most complex and costly medications [1.9.5]. An example of a specialty pharmacy like Accredo or Optum Specialty Pharmacy is more than a dispenser of drugs; it is a comprehensive care partner. By providing personalized support, financial assistance, and clinical oversight, these pharmacies help patients navigate difficult treatment journeys, improve medication adherence, and achieve better health outcomes, proving essential for managing chronic and rare diseases effectively [1.9.3].

For more information on the standards and practices of specialty pharmacy, one authoritative resource is the National Association of Specialty Pharmacy (NASP).

Frequently Asked Questions

A specialty pharmacy focuses on high-cost medications for complex, chronic conditions and provides extensive patient support services like financial assistance and clinical monitoring, whereas a regular retail pharmacy dispenses medications for more common health issues with less ongoing support [1.6.1].

Typically, your insurance company will have a preferred or in-network specialty pharmacy that you are required to use to ensure coverage. In some cases, the drug manufacturer may also limit distribution to a select few pharmacies [1.2.3, 1.4.5].

Conditions that often require specialty pharmacy services include cancer, multiple sclerosis, rheumatoid arthritis, Crohn's disease, hepatitis C, and rare genetic disorders [1.5.2, 1.5.3].

No. While many specialty medications are injectable or infused, they can also be oral medications. The defining characteristics are usually their high cost, complexity, and the need for significant clinical monitoring [1.2.1, 1.4.5].

Specialty pharmacies have dedicated teams that help patients by handling prior authorizations with insurance, identifying, and applying for financial assistance programs, manufacturer copay cards, and grants from non-profit foundations [1.2.4, 1.9.2].

'High-touch' refers to the intensive, personalized patient care model that includes proactive outreach, adherence check-ins, side effect management, education, and 24/7 access to clinical experts [1.2.1, 1.6.1].

Most specialty pharmacies operate on a mail-order basis, delivering temperature-controlled medications and necessary supplies directly to your home. Some may be affiliated with a hospital or clinic system and offer pickup options [1.2.5, 1.4.5].

References

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.