Gold bagging is an industry term that is rapidly becoming a new “gold standard” of healthcare drug delivery because of the consistently better patient outcomes it is driving in a health system owned specialty pharmacy setting. The term “bagging” in its various flavors of white bagging, clear bagging and brown bagging – and now gold bagging - denote different methodologies of getting the actual physical package of drugs to the care setting and for administration to the patient.
Approximately 25 percent of the 600+ health systems in the United States have established their own, integrated specialty pharmacies to provide patients in their communities with the best coordinated and comprehensive care that only a health system can provide to its own patients. Growth of the integrated specialty pharmacy industry is accelerating as it becomes clear that the model reduces fragmented care and health inequities, leading to better patient outcomes and reduced total medical expenses.
The Health System Owned Specialty Pharmacy Alliance supports and endorses the Health Services and Resource Administration’s decision in support of 340B and the covered entities that care for the millions of Americans that benefit from this life-saving program. This is a resounding victory for patients, and HOSP thanks 340B Health for its tireless advocacy. HOSP will continue to support the 340B Program as a critical component in U.S. healthcare, particularly for its role in health equity and patient choice.