Specialty medications are a complex area of health care. Stakeholders within and across multiple health care industries must collaborate and negotiate around specialty drug prescribing, sourcing, administration, and reimbursement.
However, lack of a shared vocabulary limits productive conversations and contributes to missed opportunities for improving cost, quality, profitability, and value.
Use this glossary to educate yourself and others within your organization about specialty pharmacy terminology and key issues. You can also share it with partners outside of an organization to ensure that you are using a shared language to collaborate on the topic of specialty medications.