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CONNECTORx CORNERx: 024 - 2024-04-16

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Pharmacy Strategy & Career Development Newsletter: Ambulatory ROI, Accelerate Career, and Fun

PHARMACY STRATEGY: Ambulatory ROI

Justifying resources to enhance ambulatory services can come from various sources of return on investment (ROI).  

Ambulatory Care Pharmacy Service Sustainability:

Revenue

  • Billing for services
  • Payor Contracts

Pay-For-Performance

  • Accountable care organizations
  • Patient-centered medical home
  • Local pay-for-performance initiatives
  • 5-Star Ratings
  • Value-based purchasing

Cost savings and Cost Avoidance

  • CMS Hospital Readmissions Reduction Program

Specialty / Outpatient Pharmacy Revenue

Employee Health Self-Insured Savings

  • Specialty Pharmacy
  • Outpatient Pharmacy
  • Health Outcomes
  • PBM Management

Infusion Center

  • Site of Care Needs
  • Biosimilar Options
  • Prior-Auth

Clinic Administered Medications

  • Site of Care Needs
  • Prior-Auth 
  • Distribution 

Increase Patient Access

What sources have you used to expand your ambulatory services?

CAREER DEVELOPMENT:  Accelerate Career

The primary goal of career acceleration involves reaching a level where an individual can derive maximum satisfaction from their job.

What this looks like will differ for each person.

For some, it means getting promoted to a management role, and for others, it may involve developing competencies to become an expert in a particular subject.

Tips to accelerate your career from Indeed.

  1. Set Clear Goals
  2. Express Your Ambitions
  3. Focus on Constant Improvement
  4. Build an Extensive Network
  5. Seek New Opportunities

What are you doing to accelerate your career?  Having and updating a continuous professional development (CPD) plan can help with several of these tips, so join us for our upcoming CPD Bootcamp

FUN & JOY: Fun!

Do you have fun at work? Many of us work in high stress environments and definitely need to find ways to inject fun now more than ever. 

Let's explore ways we can have fun and bring joy to our work.

Some FUN Ideas - 

  • Comedy/Jokes (caution)
  • Talent Show
  • Poems
  • Mystery Desk/Office Contest
  • Show & Tell Photos or (Guest Appearances of your loved ones and pets - Use Photos with staff that have to be onsite)
  • Water Cooler Talk - Chat while people are logging on to Zoom/Teams
  • Schedule a virtual happy hour or coffee chats
  • Evening/Weekend Family Gatherings - yes we can get back to doing things in person

What ideas have you tried?  What new idea can you share with everyone?



SUPPORT AND RESOURCES:

I am here to support you in your journey to advance pharmacy and accelerate your joyful engaging career. 

Check out these additional resources or schedule time for us to connect

Want more impact and joy in your pharmacy career?
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