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A pharmacist-run healthcare company is showing that medication risk management (MRM), in which pharmacists thoroughly review complex medication regimens for safety) is more effective than medication therapy management (MTM), where medication is reviewed for drug-drug interactions.
So much better, that the company, Tabula Rasa HealthCare, is in the second year of a five-year demonstration project to reduce hospitalization for Medicare patients through MRM.
“In closed healthcare systems under PACE (Program of All-Inclusive Care for the Elderly), we get better than 90% prescriber uptake on our recommendations to reduce hospitalization from adverse drug events [ADEs]. Those recommendations are reducing hospitalizations anywhere from 25% to 50%,” says Calvin Knowlton, PhD, CEO and founder of Tabula Rasa. “Those are the results that prompted CMS to select us as one of five demonstration projections nationwide.”