Magazine article Drug Topics

Target Works to Improve Medicare Part D Star Ratings

Magazine article Drug Topics

Target Works to Improve Medicare Part D Star Ratings

Article excerpt

HEALTH PLAN PARTNER

Retail pharmacies have a responsibility to improve Medicare Part D Star ratings - and partner with health plans to achieve those goals, according to an executive with Target.

Kevin Masci, group manager of Healthcare Safety and Quality at Target, shared the retailer's initiatives during the Pharmacy Quality Alliance's Health Plan Strategies for Improvement of Medicare Star Ratings webinar in June.

"Retailers are very well -positioned to improve the Star ratings. In retail pharmacy, we can drive the results and have the responsibility to help our payer partners achieve this," Masci said. It's not just about Medicare. Many commercial lenders are interested in learning how we are driving out costs. Our offerings need to be simple, effective, and valueadded, and we have to get the measurements to prove it," Masci said.

As a result, Target has implemented information management technology and medication therapy management (MTM) programs that Masci believes will help the retailer boost its Star ratings, provide more value to customers, and drive down costs.

Target's partnership with PQA's EQuIPP pilot program - a performance information management platform that will become commercially available - helped the retailer "understand pharmacy measurements and how we perform," Masci said. …

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