TYSONS CORNER, Va., July 22, 2020 /PRNewswire/ -- Today, The Get the Medications Right™ (GTMRx) Institute, a catalyst for change that brings critical stakeholders together who are bound by the urgent need to get the medications right, is announcing the launch of "The GTMRx Blueprint for Change," a robust report based on eight months of multi-stakeholder input and guidance for how to change the way medications are managed, including a roadmap for reform.
As the race to develop a vaccine for COVID-19 accelerates, preventative medicine has taken center stage and with it continues an important debate around the need for Comprehensive Medication Management (CMM), a practice level, team-based process that includes the patient working in collaboration with the physician and a team that includes a clinical pharmacist.
Studies show nearly 75 percent of physician office and hospital outpatient clinic visits involve medication therapy and almost 30 percent of adults take five or more medications. At the same time, non-optimized medication use leads to at least 275,000 deaths annually and costs over $528 billion. The GTMRx report outlines steps for reform, including an evidence-based process of care that personalizes the approach and leads to better care, reduced costs and improved patient satisfaction and provider work life.
"The health care industry is fighting multiple health crises right now—between COVID-19 and the ongoing opioid epidemic, appropriate use of medications has never been more important," said Katherine H. Capps, co-founder and executive director of GTMRx. "Now is the time to overhaul the process with a person-centered, team-based care approach. More than 10,000 prescription medications are on the market today, and with growing numbers of Americans being prescribed more medications, a new approach is critical and as shepherds for getting medications right, this is our time to reform a broken process."
The GTMRx Blueprint for Change includes recommendations to engage everyone involved in patient care—from physicians to clinical pharmacists, health plan sponsors, providers, consumer groups and policymakers. The GTMRx Four Pillars of Medication Management Reform include revamping:
The GTMRx Institute is funded by leading-edge health care organizations. The Institute currently includes more than 950 members from 650 companies located in 49 states plus the District of Columbia and is actively seeking new members—from physicians, registered nurses and other health care providers, health IT innovators, drug and diagnostics companies, consumer groups, drug manufacturers, payers, employers and other key stakeholders.
To review the findings and advice on how to bring about medication management reform, download the full report.
SOURCE GTMRx Institute