Medication Therapy Management service optimizes therapeutic outcomes for patients. This service is comprised of individual interventions, each of which is intended to elicit a change in a patient's medication therapy, to reduce the incidence of adverse drug events and to improve adherence to medication regimens.
Medication-related problems are a significant public health issue within the healthcare system. Incidence estimates suggest that more than 1.5 million preventable medications related adverse events occur each year in the United States, accounting for an excess of $177 billion in terms of medication-related morbidity and mortality.
The Medication Therapy Management program focuses its efforts on optimizing medication regimens for the highest risk patients.
- Members at risk for lack of adherence to their medication regimens.
- Those most likely to inappropriately use their medications.
- Those at high risk for adverse events from their medications.
MTM services encompass the assessment and evaluation of the patient’s complete medication therapy regimen, rather than focusing on an individual medication product
Any patient who uses prescription and nonprescription medications, herbal products, or other dietary supplements could potentially benefit from the MTM core elements provided in the solution we created for our client.
Medicaid and Medicare Part D plans have focused on a comprehensive medication therapy review as the foundation of their MTM programs.