Medication Therapy Management (MTM)

 

Patients take medications to improve the quality of their health and their lives, many patients also take a combination of prescribed and over-the-counter medications as well as natural and vitamin supplements.

Complete RPM can help manage these medication regimens that contribute to both the well-being and safety of your patient. Providers who offer MTM services benefit from providing a proactive medication approach for their patients. MTM can help decrease adverse medication reactions, reduce patient non-compliance and implement new effective drug therapies and monitoring.

Advantages include:

• Improved patient adherence and utilization of medications
• Increased percentage of patients meeting their treatment goals (e.g., blood pressure, blood glucose, cholesterol)
• Reduced drug duplication, harmful side effects, or interactions between medications, vitamins, and supplements
• Greater medication cost savings, and medical resource cost savings (e.g., fewer emergency department visits), due to more effective use of drug therapy

The Importance of Medication Adherence:

Research demonstrates that medication nonadherence has a significant negative impact on patient outcomes and overall health-care costs.
 

 

Our Services

MTM services are based on comprehensive, personalized patient encounters that leverage the pharmacists’ expertise in assessing complex drug regimens.

Services include:

• Conducting comprehensive medication reviews, including all prescription, over the counter, nutritional, and herbal supplements the patient is taking
• Providing education and counseling to patients on their medications – prescription and nonprescription products
• Detecting and solving adherence problems and promoting the appropriate use of medications
• Monitoring patient laboratory results and response to therapy
• Selecting, initiating, modifying, or administering medication therapy collaboratively with prescribers (e.g., cost-efficacy management; resolving drug therapy problems)

Solutions

For Patients, Employers, Medical Groups, and Health Plans

• Personalized medication consultations
• Comprehensive medication management
• Medication monitoring with improved outcomes
• Streamlined medication regimens
• Medication adherence improvement assistance
• Optimized drug formulary utilization
• Innovative patient education programs
• Medication reconciliation to resolve discrepancies
• Enhanced specialty drug management

Revenue Opportunity

While MTM services are billed through the pharmacy network,  it can still provide increased revenue opportunities for your practice.

Opportunities Include:

• Additional office visits for medication reviews and changes (average of 3 per patient)
• Improved Medicare MIPS and MACRA scores
• Patient Loyalty