Annual P&T Competition info session. What is P&T Pharmacy &Therapeutics Formulary management o...
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Transcript of Annual P&T Competition info session. What is P&T Pharmacy &Therapeutics Formulary management o...
Annual P&T Competitioninfo session
What is P&T • Pharmacy &Therapeutics• Formulary management
o Evaluating the best available scientific, clinical and economic evidence
o Weighing the use of the drug and its impact on patient population outcomes
o Cost/benefit analysiso Relating drug therapy choices to practice guidelines
• Pharmacy and Therapeutics Committee (P&T Committee) o Responsible for developing, managing, updating and administering
the formulary system that is utilized by managed health care system
P&T Competition Goals
• Develop clinical analysis, presentation and research skills
• View different styles and processes that can be used in effective formulary management
• Gain a real world perspective of the formulary management process
P&T Competition • Each team submits required written material in
the preliminary round• Each team presents their work to the judges in a
30 min video-taped presentation• Judges decide on 1st, 2nd and 3rd place based on
the quality of written materials and presentation• winning team’s video gets submitted to the
national• A total of 8 teams are chosen from all the
chapters to compete at a national level
2015 winners
Timeline10/31/2015 Saturday Deadline to registration to
compete
11/3/2015 Wednesday Team assignment will be released
11/13/2015 Friday OrientationBegin work!
1/15/2016 Friday Written materials due
1/22/2016 Friday Powerpoint slides due
1/27/2016 Wednesday AMCP presentation
1/29/2016 Friday AMCP Award Night
Project Components• Submissionso Part A (max: 4 pages)o Part B (max: 5 pages)o Monograph (max: 20 pages)o Health Study Assessment Reporto Evidence Rating Matrix (ICER)o PowerPoint (max: 25 slides)
Requirements • Part A
o Overall quality of the Formulary for Submission• Part B
o Assess the strength of eDossier’s studies• Powerpointo Focus: formulary statuso 25 minute presentation and 25 minutes for
questionso Must follow template
Monograph • Max 20 pages• Formulary decision and 5 Issue Questions
1. Efficacy Evidence2. Comparative Effectiveness3. Safety Evidence4. Product Value5. Cost-effectiveness
• Include Evidence Rating Matrix (ICER or Incremental Cost-Effectiveness Ratio)o CER Collaborative Online Toolkit:
http://www.cercollaborative.org •Economic Models
eDossier
Why Take Part in the P&T Competition
• TWO elective credit hours• Strong resume builder• Each of the 8 teams selected to compete in the
national P&T Competition will receive $4000 stipend
• Each of the three winning teams will receive a contribution to their school’s general scholarship fund o First place team- $4000o Second place team- $3000o Third place team- $2000
• http://www.amcp.org/amcp-foundation/PT/
What Will We Do to Prepare You?
• Orientation• Pharmacoeconomics workshop• One member from last year’s winning team will
come and talk about their approach to the competition
• Training Webinars on the CER Collaborative Online toolkit o Nov 3 Webinar - Health Evidence for Decision Making: Assessment Tool
for Comparative Effectiveness Studies o Nov 4 Webinar - Synthesizing the Evidence: Increasing the Certainty of
Evidence Evaluation
• More information on our website
Drug of Interest• Ventavis® (iloprost) manufactured by
Actelion Pharmaceuticals
• Antihypertensive inhalation solution
• Case study will be received on Oct. 26th
How to Register• Become an AMCP member
• Google form sign-up on our websiteo http://amcposu.weebly.com/
Questions?• Mengqi Zhang.1430
• Sarah Redmond.102