Research in Social and Administrative Pharmacy Essay

In this assignment, you will propose a quality improvement initiative from your place of employment that could easily be implemented if approved. Assume you are presenting this program to the board for approval of funding. Write an executive summary (750-1,000 words) to present to the board, from which the board will make its decision to fund your program or project. Include the following: The purpose of the quality improvement initiative.The target population or audience.The benefits of the quality improvement initiative.The interprofessional collaboration that would be required to implement the quality improvement initiative.The cost or budget justification.The basis upon which the quality improvement initiative will be evaluated. Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.  You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical Support articles for assistance. Research in Social and Administrative Pharmacy Essay.

Executive Summary

Healthcare systems dedicated to improving care, reducing expenses as well as enhancing patient experience face numerous challenges such as the need to align changes occurring at various levels of the organization (Manalili & Santana, 2020). However, the process of prioritizing, identifying, and implementing the various changes can be enhanced with the right process, tools, and people. Ideally, once processes, tools, and people are in alignment, the healthcare system can address clinical, operational, and financial quality improvement programs and projects such as pharmacist-steered medication therapy management used to reduce the total cost of care (Manalili & Santana, 2020).  typically, the quality improvement initiative can help achieve tremendous strides in the financial, clinical, and operational health of the hospital.

Almost half of all Americans use at least one prescribed drug while others use more than one drug thus indicating that prescription medication use is commonly used and is increasingly complex (Hines et al., 2020).  Unfortunately, high prescription usage results in medication-related challenges.

According to research, more than 1.5 million preventable all mediation-associated severe events take place each year which incurs a cost of more than $177 billion in medication –associated mortality and morbidity (Coe et al., 2020). To curb and minimize medication-related severe events, the healthcare system can adopt and implement pharmacists performing medication therapy management (MTM) Research in Social and Administrative Pharmacy Essay.

MTM is a quality improvement initiative that can be used to improve patient outcomes while reducing costs in healthcare.  The initiative will be used to expand the involvement of pharmacists performing medication therapy management to a group of patients who use a shared-risk contract. The analytics showed that $2,085 total cost of care was reduced for every patient in six months after an encounter with MTM (Coe et al., 2020). Further, it indicated a 12% reduction in hospital admissions for every one thousand members as well as a 10% reduction in the emergency room per 1,000members (Coe et al., 2020).  Typically, the analysis highlighted the unique and positive impact pharmacist MTM initiative would have on patient outcomes. Ideally, it will significantly improve the quality of care while reducing the total cost of care.

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The core elements of MTM comprise of five components which are used by pharmacists to deliver medication management services. The first element is the medication therapy review where the pharmacists gather patient-particular information and evaluate the patient therapy to help identify any discrepancies (Coe et al., 2020). Typically, the goal of the element is to develop a prioritized list of medication-related severe events and establish a plan to resolve them. Further, the next two elements are medication-associated action plans and personal medication records. These two elements assist the pharmacists to create a list of the patient’s medication such as supplements, herbal products, and over the counter products to help the patient take responsibility for their healing journey (Coe et al., 2020). In case the pharmacists notice some discrepancies, they can act on the fourth element which is referral or intervention. Finally, the last element is follow up as well as documentation.

Conceptually, MTM pharmacists not only reduce the total cost of care on healthcare organizations but for patients too. the MTM will make pharmacy leaders integrate the data showing the positive impact pharmacists have on patient outcomes (Pestka et al., 2020).  It is important to note that MTM therapy is a service offered by pharmacists to eligible patients who have multiple diseases and as a result, leads to several medication-related challenges. Essentially, MTM helps optimize the therapeutic results and outcomes of the patient and assist detect and prevent expensive medication associated with severe events (Pestka et al., 2020). Therefore, after a thorough and comprehensive review of the medications including the side effects and financial barriers and the functionality of certain medications, pharmacists can assist their patients to develop action plans to enable them to get the most out of their prescriptions. Further, pharmacists collaborate with a patient’s healthcare givers to optimize the use of medication for improved health outcomes.

To successfully, implement the initiative, it will require collaboration from everyone in the healthcare system. Therefore, doctors, nurses, administrators, and data analysts. Essentially, quality improvement projects tend to impose additional work to the people involved (Pestka et al., 2020).  Research in Social and Administrative Pharmacy Essay.On the other hand, the results are beneficial to the health system since a quality improvement initiative can improve patient experience, care, and save lives through reducing medical errors, reduce clinical variation, improves delays in inpatient discharge, prevent hospital-acquired infections and improve bottom-line.

The MTM initiative is aimed at enhancing effectiveness, safety, and efficiency. The implementation of the program will be costly but it is directly related to service delivery, outcome, patient satisfaction, and efficiency (Pestka et al., 2020). The system will follow the principles of quality improvement. Firstly, it will work as processes and systems, focus on patients ensuring the needs and expectations of patients are on the same page, concentrate on the use of data, the data will be used to evaluate and monitor how the systems are working, and finally focus on care –coordination where patients can seamlessly transition between two or more providers.

To evaluate the MTM initiative the data analytics will continue to use analytics as well as data to evaluate the impact of MTM on patient outcomes (Pestka et al., 2020). Further, the data will evaluate the impact pharmacist MTM has on clinical conditions interfered with by drug therapy.

References

Coe, A. B., Adeoye-Olatunde, O. A., Pestka, D. L., Snyder, M. E., Zillich, A. J., Farris, K. B., & Farley, J. F. (2020). Patterns and predictors of older adult Medicare Part D beneficiaries’ receipt of medication therapy management. Research in Social and Administrative Pharmacy, 16(9), 1208-1214.

Hines, K., Mouchtouris, N., Knightly, J. J., & Harrop, J. (2020). A Brief History of Quality Improvement in Health Care and Spinal Surgery. Global Spine Journal, 10(1_suppl), 5S-9S. Research in Social and Administrative Pharmacy Essay.

Manalili, K., & Santana, M. J. (2020). Using implementation science to inform the integration of electronic patient-reported experience measures (ePREMs) into healthcare quality improvement: description of a theory-based application in primary care. Quality of Life Research, 1-12.

Pestka, D. L., Zillich, A. J., Coe, A. B., Farris, K. B., Adeoye, O. A., Snyder, M. E., & Farley, J. F. (2020). Nationwide estimates of medication therapy management delivery under the Medicare prescription drug benefit. Journal of the American Pharmacists Association. Research in Social and Administrative Pharmacy Essay.