Medication Therapy Management is a practice adopted to improve health outcomes of elderly people through suitable intervention of physicians and pharmacists. The secondary objective of medication therapy management program is also cost reduction. In other words, if cheaper and better medicines and treatment work for a particular disease or illness, medication therapy management programs should be able to identify it.
In order to be eligible for a medication therapy management program one needs to suffer from four (4) chronic diseases and the annual drug cost should be greater than 00.
Medication Therapy Management services can be provided by physicians and pharmacists who work in tandem to ensure optimal treatment in terms of cost and quality to the patients.
Medication Therapy Management services broadly include – medication review, continuous medication monitoring, disease state management, patient education, brown bag review, “are you aware” reports, CMS compliance reports.
The basic objectives of medication therapy management program are – reporting as per CMS guidelines, reducing drug costs and improving formulary adherence through therapeutic interchange program, Handling of redetermination appeals as per CMS requirements under the guidance of a board certified physician and medicare specialist, coverage determination according to benefits plan design and formularies.
Good Medication Therapy Management generally takes sound knowledge of clinical services, excellent communication skills, prior patient care knowledge, and strong relationship with area physicians.
This article briefly discusses about medication therapy management – concept, eligibility, services and reporting and is primarily targeted to the newbies who want to know about medication therapy management.
Medication Therapy Management is a practice adopted to improve health outcomes of elderly people through suitable intervention of physicians and pharmacists. The secondary objective of medication therapy management program is also cost reduction. In other words, if cheaper and better medicines and treatment work for a particular disease or illness, medication therapy management programs should be able to identify it.
In order to be eligible for a medication therapy management program one needs to suffer from four (4) chronic diseases and the annual drug cost should be greater than 00.
Medication Therapy Management services can be provided by physicians and pharmacists who work in tandem to ensure optimal treatment in terms of cost and quality to the patients.
Medication Therapy Management services broadly include – medication review, continuous medication monitoring, disease state management, patient education, brown bag review, “are you aware” reports, CMS compliance reports.
The basic objectives of medication therapy management program are – reporting as per CMS guidelines, reducing drug costs and improving formulary adherence through therapeutic interchange program, Handling of redetermination appeals as per CMS requirements under the guidance of a board certified physician and medicare specialist, coverage determination according to benefits plan design and formularies.
Good Medication Therapy Management generally takes sound knowledge of clinical services, excellent communication skills, prior patient care knowledge, and strong relationship with area physicians.
This article briefly discusses about medication therapy management – concept, eligibility, services and reporting and is primarily targeted to the newbies who want to know about medication therapy management and its application and utility.
Topic: aware reports, chronic diseases, coverage determination, disease state management, management concept, medication therapy, secondary objective, specialist coverage, therapeutic interchange, therapy management