Pharmacists as Vaccinators: New Entrant Disruption in Healthcare
The projected $17.4 Billion U.S. human vaccines industry, in 2018, is becoming more and more fragmented, with pharmacies increasingly replacing physician practices as vaccine administrators. While getting a flu vaccine in your local pharmacy is commonplace, increasingly, other vaccines, for diseases such as shingles, pneumonia, and HPV are becoming available as well, expanding the pharmacists’ portfolio.
To better understand the implications of this trend on patient care and physician practices, Fuld + Company surveyed 182 pediatricians, family practitioners, and internal/general medicine physicians. Our inquiry revealed that healthcare providers’ concerns center mainly on the impact of pharmacy-administered vaccines on patient care. However, physicians also are worried about the economics implications for their medical practices.