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Pharmacist-provided medication therapy management (part 1): provider perspectives in 2007
Jon C Schommer1, Lourdes G Planas, Kathleen A Johnson
1College of Pharmacy, University of Minnesota, 308 Harvard Street, SE, Minneapolis, MN 55455, USA. schom010@umn.edu
Journal of the American Pharmacists Association : Japha
|July 16, 2008
Summary
Medication Therapy Management (MTM) providers often lack specific methods to quantify MTM costs, benefits, and value. This study highlights a need for better tracking of MTM services
Area of Science:
- Health Services Research
- Pharmaceutical Services
- Healthcare Management
Background:
- Medication Therapy Management (MTM) services are crucial for optimizing patient outcomes.
- Understanding the implementation, costs, benefits, and value of MTM services is essential for providers and payers.
- A gap exists in knowledge regarding how MTM providers quantify the impact of their services.
Purpose of the Study:
- To gather information from MTM service providers on their implementation strategies.
- To identify measures used for quantifying MTM costs and benefits.
- To explore how the value of MTM services was tracked and identify barriers to offering these services.
Main Methods:
- A descriptive, nonexperimental, cross-sectional study was conducted in the United States in 2007.
- A self-administered online survey was distributed to MTM providers.
- Data analysis included responses from 687 providers (10% response rate).
Main Results:
- 65% of respondents provided MTM services; 47% were contracted for these services.
- Only 35% of contracted providers reported a positive return on investment (ROI); 34% were unsure.
- Providers demonstrated significant variation in MTM implementation and generally did not use specific measures to quantify costs, benefits, or value.
Conclusions:
- The study provides a baseline understanding of MTM service provision and value assessment.
- Findings indicate a need for standardized methods to measure the economic impact and value of MTM.
- This environmental scan serves as a foundation for future research and comparative analyses in MTM.
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