Archive: November 2016
America is home to just under 325 million people including a birth every 8 seconds, a death every 12 seconds and one international migrant every 28 seconds. At this moment, half of us have at least one chronic disease (40%), mental illness (18%) or drug/alcohol
As quality measurements define the Medicare space, quality is not as defined in the commercial markets. An area where PBMs do not have a concentrated focus is in medication management. Managing claims exposure means finding out why a pharmacy program is not controlling trend. One way to manage trend is to take an active role in monitoring and managing drug adherence and drug interactions that have a direct relation to the trend and the total rewards strategy.
A new government study published in the October issues of the Medical Care journal examines the economic toll of opioid abuse, including direct health care costs, lost productivity and expenses to the criminal justice system. The study did not take into account the reduced quality
Polypharmacy is usually defined as 1.) the simultaneous use of multiple drugs to treat a single ailment or condition or 2.) the simultaneous use of multiple drugs by a single patient, for one or more conditions, which is most common between the ages of 62 and 85. Geriatricians and researchers have consistently warned prescribers and patients of the hazards of polypharmacy, yet it continues to increase in all age groups – particularly in seniors.