Nishaminy Kasbekar on centralizing pharmacy in patient care

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McKinsey on Healthcare 27 min 4 chapters transcribed
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Welcome. You're listening to the McKinsey on Healthcare podcast, where we explore the ideas and issues shaping the future of healthcare. I'm Dr. Pooja Kumar, a senior partner in McKinsey's healthcare practice and global leader of the McKinsey Health Institute. I'll be your host for today's episode. Today, I'm joined by Nishamani Kaspikar, Chief Pharmacy Officer at Penn Medicine. Nish has spent more than 25 years advancing pharmacy's role across one of the nation's leading academic health systems. At Penn, she's helped transform pharmacy from a supporting function into a strategic driver of patient care and system performance. In our conversation, we'll explore how pharmacy is creating new access points for patients and how leaders are building resilience amid supply chain and policy disruption.
Nish, thank you so much for joining us today. Thank you for having me. Nish, I'd love to start by understanding a little bit more about your background. Tell me a little bit about yourself and what brought you into the world of pharmacy. I'm a child of immigrant parents. And so growing up, change was kind of my constant. And so being a part of change and embracing change was something that I really valued. I worked in an independent drugstore in high school and found that although I liked The pharmacy piece of it, I was troubled by the fact that patients would come to the counter, they would take their medications, and then they'd leave and I never saw them again. And so I really wasn't sure what the impact to their disease state was.
And so I then moved to a hospital pharmacy as a pharmacy intern. And that experience really opened my eyes to kind of the breadth and depth, if you will, of pharmacy practice. I was able to rotate through a lot of areas, retail pharmacy, home infusion pharmacy, compounding pharmacy, and realize just the impact that these pharmacists made. They balanced kind of demanding careers with their family life, with extracurricular activities, were actively involved in the profession. And so a lot of that really shaped my career as a pharmacist and what I wanted to be both personally and professionally. That's wonderful. And one of the highlights, I think, of your career has also been the president role that you had at the American Society of Health System Pharmacists.
I know you just alluded to the be the change, but in that role, your inaugural address was actually titled be the change. What does that phrase mean to you? For me, it was tremendously kind of motivating to know that I could be the change I wanted to see in the world. It was about being active in the profession and being a part of the change and not letting my career sit back and let others advocate for me or make changes for me without me participating in it. I love that. And a real motivation, I think, for all health system leaders. You've been at Penn Medicine for 25 years. You really grew up within this system. How has your view of pharmacy's role within the health system evolved over time? Actually, this July, I will be at Penn Medicine for 30 years.
Wow. But when I started my career, I was the only pharmacist on the floor. And so pharmacists were really seen as behind the counter, medication dispensers, ancillary to the health care team. And so pharmacy didn't really have a huge presence on the floors or in acute care areas. The majority of their presence was centralized and behind the scenes. And so probably somewhere around the late 90s, pharmacists transition to the PharmD degree as kind of a standard. And so that really gave pharmacists the background of clinical training and position the profession for more patient-centered roles. And so now today, I'm just excited because pharmacy is really a frontline healthcare professional involved in prescribing, diagnostic activity, medication therapy management, and pharmacists really play a key role in optimizing drug regimens for patients.
I feel like I've just got to say a proxy thank you to you and all inpatient pharmacists who saved my butt multiple times when I was a resident.

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