welcome to st. john’s university amcp student chapter first official meeting! what is managed care...

Welcome to St. John’s University AMCP Student Chapter

First Official Meeting!

What is Managed Care Pharmacy and Why Should YOU Care? Faculty Advisor: Dr. Rajesh Nayak

President: Kenny Ng Vice President: Vincent TaoTreasurer: Mahbuba RahmanSecretary: Kristi LinActivities Director: Arusa QureshiHistorian: Ruby LeeMembership Officer: Rohan Ramnarain

Most student pharmacists learn about community and hospital pharmacy practice while in pharmacy school…

When you join AMCP you will discover the world of

opportunities that await you in managed care pharmacy!

What is Managed Care and Managed Care Pharmacy?

• Managed Care is an organized health care delivery system designed to improve the quality and accessibility of health care in a cost-effective manner.

• Managed Care Pharmacy works to create innovative and comprehensive programs that deliver effective pharmaceutical care, improves outcomes and overall quality of life for patients.

What Is A Managed Care Pharmacist?

• Managed Care Pharmacists apply their clinical skills to benefit patient outcomes and optimize medication therapy costs for both the patient and the healthcare organization.– Examples:

• Establishing Drug Utilization Reviews• Medication Therapy Management• Creating Guidelines for Prior Authorizations• Developing Medication Formularies

Where Can Managed Care Pharmacists Work?

• Health Maintenance Organizations (HMOs)– Kaiser Permanente– Humana– Blue Cross Blue Shield Association

• Pharmacy Benefit Management (PBMs)– Express Scripts– Fidelis Care– Aetna

• Group Purchasing Organizations (GPO)– Innovatix, LLC

• Pharmaceutical Industries– Novartis– Pfizer

• Hospitals & Medical Centers• Community Pharmacies

Why Should You Care about Managed Care Pharmacy?

• To remain competitive as the pharmacy job market saturation increases– Unique background and network for those who choose to be

a part of AMCP

• Play a vital role in institutions – As healthcare costs continue to rise and new healthcare

reforms are passed, institutions will look for ways to lower budgets while still providing the best patient care

– Be a vital team player during budget cuts instead of someone being considered for termination

What If I don’t Plan On Being A Managed Care Pharmacist?

Regardless of where you choose to practice as a pharmacist, you can benefit by understanding the concepts and principles

of managed care pharmacy.

Why Should You Join AMCP?

What Is AMCP and How Is it Different From Other Organizations?

The Academy of Managed Care Pharmacy (AMCP) is a national professional association of pharmacists, health care practitioners and others who develop and provide clinical, educational and business management services for the 200

million patients covered by a managed care pharmacy organization.

In contrast to other organizations, AMCP members are committed to a simple goal: providing the best available pharmaceutical care for all patients.

Explore the Benefits of Student Pharmacist Membership

LEARNING OPPORTUNITIES

• Managed Care Internships

• P&T Competition• Shadowing

Opportunities• Two National

Conferences with special programming for student pharmacists

• Managed Care Residencies

Explore the Benefits of Student Pharmacist Membership

INFORMATION

• AMCP News - Monthly Newsletter

• Journal of Managed Care Pharmacy (JMCP) – Peer Reviewed

• Legislative and Regulatory Updates

Join Today!

Complete a membership application

to join AMCP today

Current AMCP Membership Fee: $45 online on www.amcp.org

Application AMCP Membership Fee: $35

If received before November

REFERENCES

• Academy of Managed Care Pharmacy “About AMCP.” Web. Alexandria, VA.15 Sept. 2013.

• Academy of Managed Care Pharmacy “Mapping Your Career in Managed Care Pharmacy A Student Pharmacist Guide.” Alexandria, VA. 15 Sept. 2013

• Rutgers AMCP Student Chapter.  “Why.” PowerPoint presentation. New Brunswick, NJ. 15 Sept. 2013.