NCPDP Foundation Awards $40,000 in Scholarship Funds to Colleges of Pharmacy at Four Universities, and Awards $2,000 in Honorarium Funds
NCPDP Foundation has awarded $40,000 in scholarship funds to four university college of pharmacy programs across the country. The college of pharmacy at Butler University, South Dakota State University, Temple University and the University of Iowa each received $10,000 in student scholarship funds. The University of Florida and University of Maryland each received $1,000 to set up honorarium funds for future graduates of their programs. Read More
2017 NCPDP Foundation Events
Join us for our Fifth Annual NCPDP Foundation Pour on Tuesday, May 9, 2017 from 5:30 p.m. – 7:00 p.m. during our 40th Anniversary Conference.
Get the Annual Conference started on the right foot with our First Annual Fun Run/Walk through the 3-mile loop surrounding the Westin Kierland Resort on Tuesday, May 9, 2017 from 6:30 a.m. – 7:30 a.m.
The 2017 Silent Auction opens Sunday, May 7, 2017 at 7:00 a.m. and ends at 11:00 a.m. on Wednesday, May 10, 2017. Successful bidders will be announced at the Passing of the Gavel luncheon.
NCPDP Foundation Awards University of Arizona College of Pharmacy $10,000 in Student Scholarship Funds
NCPDP Foundation has awarded $10,000 in scholarship funds to College of Pharmacy students at the University of Arizona’s College of Pharmacy. This is the third year of the scholarship program and also the third year that the NCPDP Foundation has awarded scholarships to the University of Arizona College of Pharmacy. Read More
IMS Health Study on Controlled Substance Misuse Underscores Importance of Clinical Intervention at Point of Prescribing
In 2016, NCPDP Foundation approached IMS Health to provide details of a study on controlled substance misuse to capture the effectiveness of PDMPs in curbing the opioid epidemic. The study was provided to NCPDP Foundation free of charge. The study demonstrates the complexities associated with PDMP use. The findings illustrate the potential value of incorporating NCPDP’s clinical risk-based approach in its PDMP Solution.
IMS Study Findings:
The IMS study quantifies the scope of the controlled substance misuse issue from a patient perspective. In a 12-month period ending February 2016, five million patients who were at high risk received a controlled substance drug. This equates to a 7.0% of patients with a risk percentage where a clinical decision should have been made by a doctor or a pharmacist to not prescribe or dispense a controlled substance. The data also showed that four million of these five million patients received a controlled substance from a high risk prescriber.
With approximately 280 million controlled substance prescriptions written and 500 million dispensed a year, checking all these prescriptions outside of workflow is extremely burdensome. In 2014, NACDS did a survey of how long it takes to obtain and review PDMP data from various state PDMPs. The results from the pharmacy chains response ranged from 2-6 minutes. Using two minutes and based on the 500 million controlled substances dispensed would equate to 16.7 million pharmacy hours. If this same time commitment is assumed in the prescriber’s office and based on approximately 280 million controlled substances would equate to 9.3 million prescriber office hours. For this reason states have shown that a small percentage of the time PDMPs are checked.
By using existing real-time NCPDP standards 100 percent of the controlled substances can be checked real-time within workflow. When there is potential risk of prescribing or dispensing controlled substances the provider is then presented with medication history to make appropriate clinical decisions at point of care.
*High risk patients may visit multiple stores and/or prescribers, may have excessive cash paid prescriptions and have higher consumption of controlled substances.
** High risk prescribers have higher than normal controlled substance units dispensed, may have excessive cash, and have higher number of patients receiving 90+ days of therapy per prescription.
Source: CS Ratings, QuintilesIMS, time period reflects 12 months ending February 2016.
NCPDP Foundation Awards Grant to Healthcare Ready
NCPDP Foundation has awarded a $10,000 grant to Healthcare Ready, a nonprofit that works to assist in providing patient access to healthcare in the face of disaster and disease through collaboration with public health and healthcare. NCPDP Foundation’s grant builds upon NCPDP’s contribution of its dataQ® pharmacy data file as a primary data source for Healthcare Ready’s Rx Open. The grant provides funding to help Healthcare Ready obtain the most accurate geocoding of the pharmacy locations for use with its interactive map. Read More
NCPDP Foundation Receives $1,000,000 Endowment
In May 2016, the NCPDP Foundation received a $1,000,000 endowment from NCPDP in honor of NCPDP President, Lee Ann Stember. The endowment memorializes Stember’s 35th anniversary at NCPDP. Under Stember’s leadership, NCPDP has led the transformation of the pharmacy services sector and expanded its role from a standards development organization into a problem solving forum for healthcare industry and patient safety issues. Read more
NCPDP Co-founder Makes $25,000 Leadership Gift
Co-Founder of NCPDP and NCPDP Foundation Board founding member, Charles D. Pulido, R.Ph., together with his wife Mary, made a leadership gift of $25,000 to the NCPDP Foundation to support scholarships for pharmacy students and research to accelerate adoption of NCPDP standards. The generous donation was made in December 2015.
NCPDP Foundation Awards $10,000 in Scholarship Funds to 3 College of Pharmacy Students at Midwestern University
NCPDP Foundation awarded $10,000 in scholarship funds to 3 College of Pharmacy students at Midwestern University. Midwestern University’s College of Pharmacy held a scholarship ceremony to present the scholarships to the deserving recipients. Read more
FDB Donates $10,000 for Research to Optimize ePrescribing
Matching Funds from NCPDP Board of Trustees Increases Donation to $20,000
FDB (First Databank, Inc.) has made a $10,000 donation to NCPDP Foundation. The announcement was made on November 11, 2014 at a "Welcome to Indy" Reception that FDB hosted for over 200 attendees of the NCPDP 2014 Educational Summit and Joint Technical Work Group Meetings. The $10,000 donation will be matched dollar for dollar with matching funds approved by the Board of Trustees of NCPDP. Read more