Annual P&T Competition info session

What is P&T Pharmacy &Therapeutics Formulary management Evaluating the best available scientific, clinical and economic evidence Weighing the use of the drug and its impact on patient population outcomes Cost/benefit analysis Relating drug therapy choices to practice guidelines Pharmacy and Therapeutics Committee (P&T Committee) 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 Many appearances at nationals, especially mid ’00s Highest finish 2nd place nationally: in 2007 and 2008 Last appearance at nationals was 2012 This year we hope you guys bring us back into the nationals We aim to earn a better place this year

Timeline 10/31/2015 Saturday Deadline to registration to compete 11/3/2015 Wednesday Team assignment will be released 11/13/2015 Friday Orientation Begin 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 Submissions Part A (max: 4 pages) Part B (max: 5 pages) Monograph (max: 20 pages) Health Study Assessment Report Evidence Rating Matrix (ICER) PowerPoint (max: 25 slides)

Requirements Part A Overall quality of the Formulary for Submission Part B Assess the strength of eDossier’s studies Powerpoint Focus: formulary status 25 minute presentation and 25 minutes for questions Must follow template

Monograph Economic Models Max 20 pages Formulary decision and 5 Issue Questions Efficacy Evidence Comparative Effectiveness Safety Evidence Product Value Cost-effectiveness Include Evidence Rating Matrix (ICER or Incremental Cost-Effectiveness Ratio) 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 First place team- $4000 Second place team- $3000 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 Nov 3 Webinar - Health Evidence for Decision Making: Assessment Tool for Comparative Effectiveness Studies 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 website http://amcposu.weebly.com/

Questions? Mengqi Zhang.1430 Sarah Redmond.102