Tag: Joe Spinelli

Access, Efficiency, and Economics: How Precision Medicine Fuels 2025’s Waves of Change

Joe Spinelli

By Joe Spinelli, chief strategy officer, Aranscia.

2024 left us with raw emotions, sentiments, and uncertainty around how the US healthcare system will support both the commercial and political promises of excellence and value in care for all.

Faced with ever-escalating costs, and rate-limited access to effective care for an increasingly greying population, we are left with no choice but to embrace novel approaches to identifying, facilitating, and incentivizing proactive care improvement and efficiencies. The only thing certain about 2025 is that it will not be business as usual.

Initiatives to further the personalization of health care extend beyond embracing best practices for high-risk and high-cost cohorts – they also empower the broader population of patients and clinicians with access to evidence-based insights to drive both proactive and preventive benefits. The field of personalized medication management and the utilization of drug-gene testing (also known as pharmacogenomics, or PGx) can truly support a trifecta of improving access, efficiency, and economics.

What problems can personalized medication management solve?

Adverse drug events are the fourth leading cause of preventable death in the US, and downstream issues related to ineffective medications or unwanted side effects create a significant cost and care burden on our healthcare system. In contrast to one-sized-fits-all prescribing, which has traditionally aligned care providers and pharmacy benefits with a “standard” regimen irrespective of its assessed compatibility with the patient, personalized medication management programs use a combination of tactical diagnostic testing and high-evidence clinical insights to assist providers in optimizing therapeutic decisions.

How are biomarker programs like PGx being embraced nationally?

Widespread state and federal initiatives have recognized the value and benefit of improving the accessibility of PGx testing.  Over half of the US states now have legislation in force or introduced to enhance coverage for biomarker testing programs like PGx, and they have overwhelmingly received bipartisan support.

While the federal legislative priorities for 2025 and beyond remain uncertain, key thematic elements of personalized care, use of evidence-based science, and operational efficiency are highly compatible with the key tenets of PGx programs at scale.

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Looking Ahead: Precision Medicine Solutions Hold Increasing Promise for Healthcare Businesses

Joe Spinelli

Precision medicine encompasses a broad spectrum of technologies, sciences, and programs that emphasize tailoring medicine to the individual. These capabilities can empower clinicians to optimize treatment pathways and drastically improve patient outcomes, but the healthcare industry’s adoption of precision medicine technology has historically lagged.

Joe Spinelli, chief strategy officer of Aranscia, shares his predictions on how precision medicine tools will become more widely adopted in 2024 and beyond and explains what it takes for organizations to implement these programs successfully.

How is precision medicine evolving and in which areas of healthcare will it be most utilized in 2024?

This is an exciting time for precision medicine, as some of the more foundational work that’s been done over the past several decades in genomics, diagnostics, and artificial intelligence is finding meaningful applications in population health, rare disease treatments, and oncology. The evolutions the healthcare industry is experiencing now are less about the core/novel methodologies and have more to do with the effective practical utilization of those methodologies at scale across the spectrum of care.

What are some of the biggest, most recent healthcare hurdles precision medicine can help mitigate?

The evolution of precision medicine involves two distinct yet equally important initiatives: the development of innovative technologies and therapies to improve care on an individualized basis, as well as the effective utilization of those innovations within clinical care settings. Democratizing access to these types of precision medicine solutions through technology and workflow implementation will be a key factor in the clinical and economic success of these programs.

How will precision medicine solutions benefit providers from a business perspective this year?

As more care cohorts are attached to value-based initiatives and/or care models, multi-step processes of candidate identification, intervention, and outcomes tracking become increasingly important for care organizations and vendors alike to align on. In addition, companion diagnostic and biomarker programs will help providers and payers better align the cost and appropriate therapeutic use of innovative offerings.

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