the value of medication therapy management services

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The Value of The Value of Medication Therapy Medication Therapy Management Services Management Services

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The Value of Medication Therapy Management Services. Purpose of Medication Therapy Management Services (MTMS). To optimize therapeutic outcomes To decrease the likelihood of adverse events To enhance patient understanding and adherence To reduce overall healthcare spending. - PowerPoint PPT Presentation

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Page 1: The Value of Medication Therapy Management Services

The Value of The Value of Medication Therapy Medication Therapy

Management Management ServicesServices

Page 2: The Value of Medication Therapy Management Services

Purpose of Medication Therapy Management

Services (MTMS)• To optimize therapeutic outcomes

• To decrease the likelihood of adverse events

• To enhance patient understanding and adherence

• To reduce overall healthcare spending

American Pharmacists Association

Page 3: The Value of Medication Therapy Management Services

Definition of MTMS

• Services provided by a pharmacist that improve treatment outcomes for individual patients

• A professional service to promote the safe and effective use of medications

• A way to provide better care for patients– Promotes collaboration among the patient, the

pharmacist, and the patient’s other health care providers .

Bluml BM. Definition of medication therapy management: development of professionwide consensus. J Am Pharm Assoc. 2005;45:566–72

Page 4: The Value of Medication Therapy Management Services

MTMS Activities• Assess patients’ health status

• Devise medication treatment plan

• Select, modify and administer medications

• Review current medications and identify drug-related problems

• Communicate care to other providers

• Provide patient education

• Refer patients for broader disease management services

APhA. Pharmacists Improving Care and Reducing Costs for Your Plan Participants. Available at: www.pharmacist.com

Page 5: The Value of Medication Therapy Management Services

Components of the MTMS Core Elements Service

Model • Medication Therapy Review (MTR)

– a review of all medications including prescription, nonprescription, herbal products, and other dietary supplements

• Personal Medication Record (PMR)

• Medication-Related Action Plan (MAP) for the patient

• Intervention and/or Referral

• Documentation and Follow-Up

APhA. Pharmacists Improving Care and Reducing Costs for Your Plan Participants. Available at: www.pharmacist.com

Page 6: The Value of Medication Therapy Management Services

Evaluate appropriateness, effectiveness, safety, and compliance with medications

Identify drug therapy problems

Experienced Decision M

aking

PractitionerM

edic

atio

n Ex

perie

nce Patient

Therapeutic Relationship

Philosophy of Practice

Social Obligation

Responsibility to identify, resolve, and prevent drug therapy problems

Patient-centered approach

Caring

Today’s wants and needs

Responsibility to participate in information sharing and decision making

ASSESSMENT

CARE PLAN Resolve drug therapy problems Establish goals of therapy Interventions

FOLLOW-UP Evaluate progress in meeting goals of

therapy Record actual patient outcomes Reassess new problems

Medication Therapy Management Process

Page 7: The Value of Medication Therapy Management Services

MTM Pharmacist/Prescriber

Relationship

Page 8: The Value of Medication Therapy Management Services

Medication Recommendations

• MTM pharmacists may make recommendations in several ways:– Directly to the patient

• Over-the-counter changes, general adherence tips, managing side effects

– Through the prescriber• Changes in prescription medications

– Directly to the patient under a collaborative practice agreements

• Allows pharmacists to make adjustments to prescription medications via protocol

Page 9: The Value of Medication Therapy Management Services

Summary of evidence of Value of MTMS

• Economic

– Multiple studies have shown positive results on total health care costs, creating a positive return on investment

• Clinical

– Multiple studies have indicated improved in clinical outcomes, specifically in diabetes, asthma, hypertension and dyslipidemia

• Humanistic

– The Asheville project has demonstrated reduced employee sick days and increased productivity.

Fera T., Bluml BM, Ellis WM. JAPhA. 2009; 49(3): 383-391.Isetts, et al., J Am Pharm Assoc. 2008;48(2):203-211Bunting BA, Cranor CW. JAPhA. 2006; 46:133-147..

Cranor CW, Bunting BA, Christensen DB. J Am Pharm Assoc. 2003;43:173-84.

Page 10: The Value of Medication Therapy Management Services

What’s in it for the payer?• MTMS results in decreased overall healthcare costs

– Prescription costs will likely increase, but this is compensated by an overall decrease in costs

• Pharmacists can provide MTMS as a member of the health care team and medical home model

• Increased member satisfaction

• Mechanisms for MTMS claims processing are well established through CPT codes

Page 11: The Value of Medication Therapy Management Services

What’s in it for the patient?

• MTMS provides patients with improved health outcomes from optimizing medication use

– This includes decrease emergency department visits and hospitalizations

• Increased understanding of medications and disease management

• Improved quality of life

Page 12: The Value of Medication Therapy Management Services

Summary• Medications are a standard in the care of chronic

diseases

• Pharmacist delivered Medication Therapy Management Services are well documented to decrease health care costs while increasing the quality of health care