Connecting Patients, Providers and Pharmacists PharmMD Drives Accelerated MTM Program Performance for National PBM MTM Background and Evolving Market Context In 2016, health plans and Pharmacy Benefits Managers (PBMs) will face increased challenges regarding their Comprehensive Medication Review (CMR) completion rates with the onset of new CMS requirements and incentives. CMS looks to enhance the 2016 Star Ratings by incorporating Medication Therapy Management (MTM) as a Star measure, judging plans by their ability to achieve recommended CMR completion rate thresholds. Health plans and PBMs anticipate being advised of these rate targets in October of 2015, and many plans will task their MTM provider to hit these targets in 2015 to assess their proficiency and scalability. Foreseeing the direction CMS was taking, one PBM charged with managing a significant portion of the MAPD and PDP population nationwide began experimenting with an aggressive approach - a year before measurement would begin. Having established its 2014 target CMR completion rate at 25%, this National PBM made a significant mid-year strategic adjustment in July 2014; it requested that its MTM provider elevate the target completion rate to 36%. Then, in October 2014, the PBM wanted to strive even higher and adjusted the target to a 42% CMR completion rate. With just 17 weeks remaining in the 2014 calendar year, this nationally recognized PBM wanted to nearly double its original CMR Completion rate target. As the PBM’s MTM provider, the team at PharmMD in Nashville, Tennessee was prepared to take on the challenge with the right tools and the right people. Dynamic, algorithm-based patient data analysis identiļ¬es deviations from clinical best practices pharmmd.com • RV E N TI O Physician targeted and patient prioritized ES 2014 CMR target completion rate 25% Mid-year target CMR completion rate adjustment from 25% to 36% October 2014, target CMR completion rate elevated to 42% 4th Quarter Push • • 17 weeks left in calendar year and PBM wanted to nearly double original CMR completion rate target PharmMD’s StarMTM provided a performancebased partnership StarMTM Implemented • PharmMD aligned internal processes to receive direction from client management team PharmMD has the ability to integrate MTM with Star Ratings Outcomes Measures CMR Goals Achieved • • • • • PharmMD completed nearly 68,000 CMRs for PBM in 2014 Customized strategic management for over 80 individual contracts All but 1 contract surpassed 25% 2/3 of the contracts surpassed 36% 1/2 of the contracts surpassed 42% O L U TIO N N TE R E I IN ID ON PharmMD’s StarMTM provides the clinical resources, operational processes and tailored technology vital for a guaranteed CMR completion rate and true ROI. Their systematic and scalable approach integrates the power of targeted clinical analytics to meet regulatory requirements, accurately identify Drug Therapy Problems (DTPs) and complete CMRs - all in a performance-based partnership. I F I C AT • • • 4th Quarter Push NT National PBM Background Proof point = claims based evidence 1 PharmMD Implements StarMTM Program With the maturation of PharmMD’s analytics surrounding all of their operational metrics, they allocated the resources efficiently and effectively; moreover, the experience also allowed PharmMD to bring more science to call list prioritization, patient engagement specialist traction, pharmacist capacity/pace, and behavioral economics of population responsiveness and call completion. > 50% PharmMD aligned all of our internal processes to receive direction from the client management team, who has responsibility for operational performance. This alignment brought call center allocations and directives closer to the client as accountability became tied directly to the account team. PharmMD was able to make determinations about how much activity was needed to support the targeted CMR completion levels. Activity Needed 800000 PATIENTS IMPACTED BY MEDICATION NON - ADHERENCE HOW MANY AMERICANS ARE TAKING PRESCRIPTION MEDICATIONS? 600000 400000 21.7% 48.5% 200000 take at least 3 Rx take at least 1 Rx 4-Sep 4-Oct 4-Nov 4-Dec 10.6% take at least 5 Rx AMONG ADULTS 45+ PharmMD Achieves CMR Goals for PBM PATIENTS AFFECTED BY AT LEAST 1 CHRONIC CONDITION REQUIRING MEDICATION THERAPY : About PharmMD For Health Plans or self-insured Employers that want to measurably improve member and employee health, PharmMD is the proven choice for pharmacy quality solutions. Founded by healthcare and pharmacy innovators, PharmMD’s outcomes-driven reporting, priority on personal touch, and scalable network are backed by performance-based pricing that guarantees fast results for Part D Star Rating improvement and the most effective Medication Therapy Management. For more information go to www.pharmmd.com. 29% take at least 5 Rx 2015 157 MILLION PharmMD appreciated the opportunity to extend the reach of the Client MTM program activities. Our decision support and documentation technology, combined with the comparative advantages that characterize our scheduling work-flows, gave us the ability to maximize the outputs and outcomes from our clinical pharmacists. 81% take at least 1 Rx 137 MILLION The result? PharmMD completed nearly 68,000 CMRs for the client in 2014 with customized strategic management for over 80 individual contracts. As of December 31, 2014, all but 1 contract reached the 25% CMR goal, 2/3 of the contracts surpassed the 36% CMR goal and ½ of the contracts surpassed a 42% CMR goal. 2020 Sources: http://www.cdc.gov/nchs/fastats/drug-use-therapeutic.htm http://www.ncbi.nlm.nih.gov/pubmed/21295193 http://healthitanalytics.com/news/medication-non-adherence-bringsmillions-in-avoidable-costs Connecting Patients, Providers and Pharmacists 5200 Maryland Way, Suite 200, Brentwood, TN 37027 © 2015 PharmMD, LLC. All Rights Reserved. 2