Developing a strategy with high-budget drugs
«Lexapro, how long off does it take to get the rebound? |
With so many brand name drugs entering the generic realm at once, strategic preparation is essential. State Medicaid and pharmacy directors, along with Medicaid managed care organizations, must determine how to incorporate these new generic drugs into their formularies, preferably well in advance of their widespread availability. UMass Medical School’s Clinical Pharmacy Services can help you to analyze your formularies and recommend whether — and how — to incorporate any or all of the newest generics. We also anticipate how new generics will affect the utilization of other medications on your formulary or prior authorization list.
Some of the most notable medications going off-patent in the next five years are listed in the table on the following page. We anticipate that they will have a great impact on states’ pharmacy benefit management practices, including their formularies. Clinical Pharmacy Services’ innovative, yet practical, solutions can help you make the best preparations possible for the impending changes.
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