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Asembia: More Than an Annual Conference

Emry Lloyd

Founded in 2005, Asembia is a trailblazer in the specialty pharmacy channel, being the first organization to find and promote specialty pharmacies as a class of trade. At its core, Asembia focuses on being a specialty pharmacy group purchasing organization sector leader.

A year after its founding, Asembia introduced The Asembia Specialty Pharmacy to enable prescription transfer services for pharmacy members and provided scalable network solutions for its manufacturer partners, prescribers, and stakeholders. This customizable and scalable support service model sets Asembia apart in the specialty pharmacy. This model can streamline the intake, benefit investigation, and prior authorization for patient support centers. Asembia also uses the latest technological advancements and software to make fast and seamless prescriptions to pharmacies and deliveries for patients.

What drives Asembia is its value for cutting-edge technology and developing products that can be easily integrated across industries. Many mail, retail pharmacies, and prescribers use Asembia’s products for prescriptions. The company has 6 key areas of interest:

  • Patient access
  • Channel distribution
  • Group purchasing
  • An extensive pharmacy network
  • Business insights
  • Cutting-edge technology

Successful Patient Access

Asembia is dedicated to ensuring patient quality of life and cost transparency. The company offers solutions to simplify specialty medical billing time and money so patients can receive the necessary care. Having a simplified internal processes system makes a consistent plan for its partners. Its system also provides real-time data insights, which can be helpful for physicians and patients to see throughout the patient care journey.

Equal Channel Distribution and Transparency

Asembia’s channel distribution strategy provides easy navigation of supply chain regulations and legal requirements, while providing partners with network access and discounts. They provide this through three steps:

  • Administering an expert audit;
  • Providing a plan for solutions; and
  • Executing the solution.

Its advisory services provide partners with a plan that makes sense for business growth and where it is now and wants to be in the future. After identifying potential obstacles, they create solutions for its partners’ needs. After solutions are identified, Asembia distributes the solution and puts it into action.

Leading Group Purchasing Organization

Asembia negotiates discounts with distributors and vendors, finds rebates and fee-to-service programs, and creates opportunities for its partners to save where it counts. The company can provide partners with business referrals through its connections and share information such as specific drug therapy coverage, lab tests, and patient charts. Asembia aims to provide manufacturers and pharmacies with desired results and create a scenario where both parties win. They are also the first point of contact for pharmaceutical and biotech manufacturers, which can mean powerful connections for those it has a relationship with.

Extensive Pharmacy Network

More than 35,000 pharmacies are connected with Asembia. Asembia acts as a liaison between partners who want their offerings in the market. Asembia values patient choice and wants various treatment options for their unique health challenges. Every company is different, but its pharmacy network is tailored to meet the various partner needs. Asembia’s integrated pharmacy model ensures transparency throughout the entire process.

Key Business Insights

Asembia looks at the data first in the industry because data provides the most insights across all channels in the health care industry. Its real-time multi-channel data insights provide the company’s partners with an exact knowledge of the space and what to expect in the future. Asembia’s business model accounts for quick responses regarding market challenges and changes so that its partners stay informed and can address updates as needed.

Cutting-Edge Technology

Asembia develops made-to-order programs that provide pharmacies with technology tailored to their needs and can evolve to meet what patients need. The technology can be easily integrated into existing systems, which Asembia provides. Whether a company is big or small, Asembia provides technology that meets the needs of both to support each company’s growth and potential. Its technology is patient-centered and provides patients with product knowledge and the ability for physicians to manage their care more easily.

What’s Next for Asembia?

Besides the upcoming 2024 conference, Asembia hopes to connect with more leaders in the health care space. As a pioneer of the specialty pharmacy space, its annual industry conference connects other industry leaders and pioneers to create a better space for health care overall. Asembia’s annual summit is for networking, connection, and industry updates, marketed to executives, industry experts, physicians, and more.

Reference

Asembia Homepage. Asembia. Accessed April 12, 2024. https://asembia.com/#

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