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2018 January Newsletter: AssureCare develops new MTM module, part 3

AssureCare® Announcement!

 

We are very proud to announce our achievement with Kroger of Level III (Active Medication) capability from Community Care of North Carolina (CCNC) for the Pharmacist eCare Plan initiative. We further enhance capabilities of our industry leading clinical platform, MedCompass, by enabling and empowering pharmacies to be active players in patients’ overall health care ecosystem Read more!

Monthly Healthcare Buzz…

 

Hospital groups announced a plan to create a not-for-profit drug company with a goal of creating cheaper generic drugs. The drug company will initially be supported by Ascension, Intermountain Health, SSM Health, Trinity Health, and the VA health system.

Spark Therapeutics developed a gene therapy drug for treating a rare, inherited form of blindness. It’s current price-tag of $850,000 raises some health insurance concerns.

CHIP funding was renewed for six years with the reopening of the government on January 22nd. The Congressional Budget Office estimated a federal saving of $6 billion if the funding was extended to 10 years.

A new study appearing in the New England Journal of Medicine found that the flu can increase the risk of a heart attack. The study found that patients diagnosed with the flu were six times more likely to have a heart attack that week compared to the year prior or after.

The blood-brain barrier, lining blood vessels in the brain, blocks out foreign invaders while also blocking most drugs from reaching the central nervous system. Scientist Choi-Fong Cho is growing tiny versions of the blood-brain barrier in her lab to make drug research less difficult

AssureCare® Develops New Medication Therapy Management Module, Part 3

 

Currently, Medication Therapy Management (MTM) is practiced inconsistently throughout the pharmacy world. There are some retail pharmacies that have haphazardly incorporated MTM services, while others have created call centers devoted to conducting Comprehensive Medication Reviews (CMRs) over the phone. MTM services are a very manual, high energy, low return experience for most practitioners. Pharmacists often do not pursue available opportunities because of lack of incentive as compared to the redundant paperwork that is required. A smart system, taking into account all of the MTM criteria for comprehensive as well as targeted medication reviews would not only greatly expedite the process for pharmacists, but increase the monetary returns as well. “Our intent is to build a world class product that will scale from large retail pharmacies to family owned community pharmacies,” said Dr. Yousuf J. Ahmad, President & CEO of AssureCare®.

The chances for medication mismanagement are high for patients with multiple chronic conditions taking multiple medications. Often members of the care team will be unaware of what the other providers are prescribing – causing potential life-threatening drug interactions. In the USA, patients over the age of 65, on average, see 13 different practitioners, have 8 comorbidities, and take 15 medications.(1) Proper implementation of a robust MTM system would lead to fewer complications and readmissions, saving time and money for the patients, practitioners, and payers.

  1. Linda M. Strand; Peter C. Morley; Robert J. Cipolle. (2012) Pharmaceutical Care Practice: The Patient-Centered Approach to Medication Management Services. The McGraw-Hill Companies, Inc

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