Medication Management Solutions for Physicians

PharmD Live offers a full suite of solutions that manage the complexities of medication regimens.

 

Solutions for physicians

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Annual Wellness Visit Solutions (AWV)

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Chronic Care Management Solutions (CCM)

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Transitions of Care Management Solutions (TCM)

The Data

Medication errors lead to approximately 1.5 million preventable adverse drug events (ADEs) at a cost of more than $3 billion per year. The Agency for Healthcare Research and Quality reports that one out of 10 hospital stays are preventable with better management of chronic conditions. And according to the Center for Disease Control (CDC), three out of four Americans who are 65 and older have multiple chronic conditions, and are taking multiple medications.

AWV: PharmD Live Annual Wellness Solutions

Documentation and Medicare reimbursement challenges can make it difficult to integrate annual wellness visits (AWVs) into the everyday workflow at most clinical practices.

However, AWV partnerships with PharmD Live can bring immediate benefits for both patients and physicians.

Annual wellness visits (AWVs) with PharmD Live include one-on-one patient educational consultation with our clinical pharmacy specialist. With the patient, we develop a prevention and wellness plan based on the patient’s health and risk factors.

Our AWV Solutions Help:

  • Improve care coordination
  • Improve patient experience and increase patient loyalty
  • Provide additional revenue stream
  • Improve MACRA and MIPS quality metrics
  • Identify omissions in care and early intervention opportunities
  • Reduce hospital and emergency room admissions through patient education and intervention
  • Reduce preventable complications through patient education, lifestyle changes, and intervention
  • Provide more time for providers to focus on critical and high reimbursement-related activities

CCM: PharmD Live Chronic Care Management Solutions

Our chronic care management (CCM) programs serve patients, physician organizations, and care facilities. We work in concert with your practice in the performance of all non-face-to-face patient care coordination. We bridge the gaps between patients, physicians, and office appointments which results in fewer emergency room visits, hospitalizations, and ultimately, more favorable outcomes. We do this by utilizing evidence-based clinical protocols to ensure consistent and high quality care while minimizing patient attrition.

Additional Outreach and Education Services for:

  • Disease state management
  • Patient monitoring
  • Comprehensive care plan development
  • 24/7 access to PharmD Live care

PharmD Live CCM Benefits:

  • Improve care coordination
  • Improve patient experience, empower the patient and increase patient loyalty
  • Strengthen the provider-patient relationship
  • Provide an additional revenue stream
  • Improve MACRA and MIPS quality metrics
  • Identify omissions in care and early intervention opportunities
  • Reduce hospital and emergency room admissions through patient education and intervention
  • Reduce preventable complications through patient education, lifestyle changes, and intervention
  • Provide more time for providers to focus on critical and high reimbursement-related activities

TCM: Transitions of Care Management Solutions

Seven out of 10 patients experience a medication discrepancy at hospital admission or discharge. One out of every three discrepancies can cause patient harm. Patients with complex medication regimens, multiple medical conditions, and unmet social needs are at an increased risk of therapy problems during transition from hospital to home.

In addition, 18 to 20 percent of Medicare patients are readmitted within 30 days of hospital discharge. Of these readmitted patients, 50 percent are never seen by a subsequent provider in the time between hospital discharge and readmission. Meanwhile, the average Medicare reimbursement for unplanned readmission is $7,200.

PharmD Live’s transitions of care management (TCM) solutions start patient engagement at the acute setting and then extend well into recovery. Our solutions help patients and providers avoid medication-related problems at all points in the transition process by streamlining medication lists.

PharmD Live Provides TCM Services Following the Patient’s Discharge from:

  • An inpatient acute care hospital
  • An inpatient psychiatric hospital
  • A long-term care hospital
  • A skilled nursing facility
  • An inpatient rehabilitation facility
  • A hospital outpatient observation or partial hospitalization
  • A partial hospitalization at a community mental health center

PharmD Live TCM components

  • Interactive Contact
  • Non-Face-to-Face Services
  • Face-to-face Visits (Telehealth or In-home)

Our TCM Solutions Also Work to:

  • Reduce hospital readmission rates
  • Enhance care transitions
  • Empower patients and caregivers
  • Increase care value to patients
  • Decrease healthcare costs
  • Improve patient outcomes
  • Improve  MACRA and MIPS quality metrics