SWOT Analysis

Strengths:

  • The pharmacist is a CDE (Certified Diabetes Educator) and BC-ADM (Board Certified-Advanced Diabetes Management)
  • The pharmacist is highly knowledgeable regarding insulin pumps, concentrated insulin, diabetes management with comorbid conditions, etc.
  • The pharmacist is trained in all different patient insulin pump devices and continuous blood glucose monitoring devices
  • Face-to-face interaction for a full hour generates meaningful relationships between the pharmacist and patients
  • The endocrinology clinic is already established, and there is no need for hiring additional support staff
  • A desire for this service has been vocalized by this endocrinology clinic, thus provider buy-in exists
  • Majority of initial start-up costs and operating expenses are already covered by the existing endocrinology clinic
  • Clinic predicted to break even within the first two months of operation
  • Participants in pilot clinic are already established patients at the endocrinology clinic; this eliminates any outside competition threat

Weaknesses:

  • Availability of only one part-time pharmacist may limit flexibility in scheduling new patients
  • Pharmacist salary poses biggest financial burden of this clinic
  • Patients must be highly motivated to attain goals
  • The pharmacist must establish a reputation with endocrinologists in order to create and implement the CDTM addendum for this service, plus work to collect referrals from said physicians
  • Ease of access: the clinic’s location is not easily reached by public transportation

Opportunities:

  • Extensive patient population utilizing continuous blood glucose monitoring provides increase in reimbursement opportunities and direct revenue
  • Primary care providers refer their complex diabetic patients to this endocrinology clinic, thus the need for this intensive insulin clinic is valid as patients are placed on complex insulin therapy
  • Existing patients can use this clinic to take charge of their diabetes management, and improve their quality of health
  • There is existing provider buy in and room for expansion to other endocrine clinics within Community Health Network

Threats:

  • Reimbursement is significantly limited due to pharmacists’ lack of provider status
  • Patient no-show rates can impact the effectiveness of the clinic both financially and per patient outcomes