Solutions for hospitals

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Transitions of Care Management Solutions (TCM)

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Comprehensive Medication Management

TCM: Transitions of Care Management Solutions for Hospitals

PharmD Live offers Transitions of Care Management solutions (TCM) that help patients make more successful transitions from hospital to home.

Errors with medication lead to approximately 1.5 million avoidable adverse drug events (ADEs) at a cost of more than $3 billion per year. The Center for Disease Control (CDC) says that three out of four Americans who are 65 and older are dealing with multiple chronic conditions while taking multiple medications.  

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

In addition, 18 to 20 percent of Medicare patients are readmitted to the hospital within 30 days of discharge. Of these patients, 50 percent are never seen by a follow-up provider between discharge and readmission.

Comprehensive Medication Management

Patient Transitions of Care Management solutions with PharmD Live start at the acute setting and extend well into recovery. With PharmD Live TCM solutions, patients and providers can avoid medication-related problems at all phases in the transition by streamlining medication lists and instructions, and through the use of innovative technology tool.

The PharmD Live TCM Solution Works to:

  • Reduce hospital readmission rates
  • Decrease healthcare costs
  • Improve patient outcomes

The Growing Importance of TCM

To be successful in today’s ever-changing and complex healthcare system, caregivers need to provide value-based care to patients who are better informed and are inspired to participate in their own care plan. Furthermore, with the new Readmissions Reduction Program (HRRP) by The Affordable Care Act, hospitals and post acute care facilities (PACs) with comparatively high rates of Medicare readmissions are now financially penalized for readmissions within 30 days of discharge for the following disorders: heart failure (HF), acute myocardial infarction (AMI), pneumonia (PN), chronic obstructive pulmonary disease (COPD), and total hip arthroplasty/total knee arthroplasty (THA/TKA).

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