CPF FUNDED GRANT DETAILS

Grant Title: Evaluation of a Value Based Payment Model in Community Pharmacy

Grants Awarded Number

199

Status

Grant Complete, 2019

Organization

Kennedy Pharmacy Innovation Center

Location

Columbia, South Carolina

Grant Category

Pharmacy Management & Ownership

Keyword

Enhanced Services, Value Based Payments

Grant Docs

Poster | Poster | CPF Synopsis | Article

Objectives

The researchers will establish and test a new payment model for community pharmacy by partnering with a major insurance company in the state and an independently owned community pharmacy providing enhanced services. The researchers will collect health claims data and compare claims from patients who use this pharmacy to matched patients using another pharmacy without enhanced services. The data will be analyzed to determine the impact the independent pharmacy has on clinical and economic outcomes. The researchers will determine the financial impact of a per member per month fee paid to the pharmacy from the medical insurance and will explore the effect of additional payments based on pre-specified quality metrics.

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Applicant:
Patricia Fabel
PharmD
Kennedy Pharmacy Innovation Center

Team Member:
Gene Reeder
RPh, PhD
University of South Carolina College of Pharmacy
Team Member:
Kevin Lu
PhD BPharm
University of South Carolina