RST - Pharmacy glossary
R
Rebates:
Discounts on brand name drugs acquired through arrangements with wholesalers and manufacturer purchase and rebate agreements.
Retail Pharmacy Networks:
Pharmacies with whom a Pharmacy Benefit Manager or insurance carrier has employed and contracted with, and with whom discounts are negotiated for drug ingredients and dispensing fees.
Retrospective Drug Utilization Review (DUR) Program:
Assists in detecting patterns of unacceptable dispensing and/or utilization. Can also support in physician education in regard to an exacting drug when new clinical findings are available.
S
Specialty Drugs:
Utilized by a small percentage of the population with rather complex and/or chronic conditions (like MS, hepatitis C, rheumatoid arthritis, organ transplants) requiring costly and/or difficult drug regimens (like injectible and infusion therapies). Moreover, specialty drugs may need particular handling such as refrigeration.
Step Therapy:
When numerous medications with altering costs exist as possible treatment options for a condition, step therapy recommends that a therapeutically equivalent lower cost generic substitute be prescribed first.
T
Therapeutic Interchange:
Interchange of therapeutically equivalent, but chemically exclusive drugs in accordance with established policies and procedures relevant to the formulary. Although the drugs contain dissimilar compositions, they are accepted to produce the same clinical outcome in the patient.
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