Pmd bop 4-17-13
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This document discusses new tools to address medication compliance, adherence, and safety. It notes that medication non-adherence costs the US healthcare system over $300 billion annually and that seniors face higher risks due to taking multiple medications and cognitive decline. New technologies like medication dispensing systems and adherence devices can help pharmacists improve compliance from under 60% to over 97% and reduce healthcare costs and improve patient outcomes. The document advocates allowing pharmacists to take a lead role in utilizing these technologies.
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Pmd bop 4-17-13
Medication non-adherence is a costly problem in the US healthcare system, costing over $300 billion annually and contributing to hospital and nursing home admissions. Seniors are especially at risk due to taking multiple medications and increased risk of adverse drug events. Pharmacists can play an active role in improving medication adherence through programs that have increased compliance from below 60% to over 97% with improved health outcomes and reduced costs. New technologies now available can help pharmacists monitor patient medication adherence and safety. Rules need to allow pharmacists to utilize these technologies and take a leading role in medication adherence programs.
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Pharmaceutical prices are rising due to minimal government regulation, lack of competition, end of generic drugs wave, supply disruptions and industry consolidation. This leads to increased healthcare costs, formulary changes, nonadherence and rationing of medications. Possible solutions include increasing price transparency, competition, importing drugs from other countries, and legislation prohibiting pay-for-delay deals. Harris Health implemented cost control strategies like a closed formulary, therapeutic substitutions, and patient assistance programs, achieving over $60 million in savings and cost avoidance in fiscal year 2016.
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youtube link : https://www.youtube.com/channel/UCPHH8m5zlQGLhXgvH755agg?view_as=subscriber
Facebook group : https://www.facebook.com/groups/836761619701557/
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This document discusses specialty drug management solutions from PwC. It notes that specialty drugs are the fastest growing component of pharmacy costs, accounting for 32% of costs while only representing 1% of prescriptions. There are concerns about the high and increasing costs of specialty drugs, variations in their management across pharmacy and medical benefits, and lack of transparency. PwC's approach involves diagnosing spending trends, formulating management strategies like innovative pricing and site of care optimization, and implementing programs to realize annual savings of 5-15% or $186,000-$558,000 for a typical employer.
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The document discusses initiatives at Group Health Centre to improve patient care through health information technology innovations. It describes the implementation of an electronic medical record system (EMR XTRA) that allows pharmacists to access patient information, increasing collaboration between pharmacists and physicians. An evaluation found the program improved quality of care by identifying more drug-related problems and increasing medication management recommendations. The document also discusses preparing for electronic prescribing (ePrescribing) to further enhance coordination and safety of patient care.
9122018 Printhttpscontent.ashford.eduprintMcNeill.2.docx
9/12/2018 Print
https://content.ashford.edu/print/McNeill.2947.17.1?sections=ch18,ch19,ch20,ch21&content=content&clientToken=3e86a398-8c91-136b-ab99-55495… 1/16
18 Partners HealthCare System
Thomas H. Davenport
Partners HealthCare System (Partners) is the single largest provider of healthcare in the Boston area. It consists of 12 hospitals, with more than 7,000
af�iliated physicians. It has 4 million outpatient visits and 160,000 inpatient admissions a year. Partners is a nonpro�it organization with almost $8
billion in revenues, and it spends more than $1 billion per year on biomedical research. It is a major teaching af�iliate of Harvard Medical School.
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early as 1976.
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Pmd bop 4-17-13
- 1. New Tools to Address Medication Compliance, Adherence and Safety Dave Walker, RPh Vice President USA Med Time Compliance Corp. Barbara Crawford Columbia Medical Alarm, Inc. Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013
- 2. Medication non-adherence is a costly problem for the U.S. healthcare system: • annual costs of well over $300 billion per year in the U.S. alone • 1 in 10 hospital admissions of seniors due to medication misuse • 40% of nursing home admissions associated with non-adherence Additional medication safety issues put seniors at higher risk: • seniors more likely to take multiple medications • medication regimen becomes more complicated / complex • other factors (i.e. cognitive function) lead to adverse drug events Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013
- 3. Pharmacists need to be involved: • Studies show pharmacy medication adherence programs can improve Rx regimen compliance from below 60% to 97% or more with increased patient safety. • Improved compliance leads to improved disease state management - i.e. reduced BP, LDL, A1C, etc. • Reduced risk factors results in reduced healthcare costs and improved patient outcomes. • The technology to improve Rx compliance is available to pharmacists today. Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013
- 4. Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013
- 5. Medication Adherence Devices: The Big Picture The FDA approved Phillips PMD Medication Dispensing System has a long track record of improving medication safety and boosting Rx med compliance to nearly 99% among registered users. But there are many other new medication adherence devices available today. And more products are currently being developed and brought to market. Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013
- 6. Transitions in Pharmacy and Healthcare: Technology is rapidly transforming healthcare ACOs, CCOs, PCPCH, all provide new opportunities for pharmacists to utilize this new technology for improving patient Rx compliance and safety, thus improving patient lives and saving healthcare dollars. Oregon BOP rules need to allow pharmacists to participate in programs utilizing this technology designed to improve medication delivery, Rx adherence/compliance, patient safety, etc. Pharmacists should allowed to take the lead role as medication adherence specialists! Phillips PMD presentation -- Oregon Board of Pharmacy -- April 17th, 2013