| Iowa Begins New MTM Program |
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The Iowa Department of Administrative Services has selected Outcomes Pharmaceutical Health Care to administer a medication therapy management (MTM) program for the state’s employee health plan. One service is an annual comprehensive medication review, which allows patients to meet with a specially trained pharmacist or another qualified healthcare provider in their area. The company anticipates that 64,000 people will be enrolled throughout the state. Other services include prescriber consultations, patient education and monitoring, and patient compliance consultations. Outcomes recently announced over $100 million in estimated cost avoidance through its MTM program. In the company’s program the pharmacist assigns each MTM intervention a severity rating. Claims are then subject to quality assurance review before cost avoidance is calculated and assigned. Outcomes has used this model as a benchmark for program performance and ROI projections since 1999. |