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| | NewsCONTACT INFORMATION:
Patricia Donovan
Voice: 732.449.4468
Fax: 732.449.4463
E-mail: pdonovan@hin.com
Web site: www.hin.com Cost of Medication Is Greatest Barrier to Medication Adherence, Survey Finds
A new report by the Healthcare Intelligence Network found the cost of medication is the greatest barrier to achieving medication adherence for respondents. The exclusive report provides actionable information from 107 organizations on their efforts to improve medication adherence and compliance.
June 4, 2010
MANASQUAN, NJ, USA — Half of the 1.8 billion prescriptions dispensed annually in the U.S. are taken incorrectly by the patient, according to the World Health Organization. HIN's January 2010 Medication Adherence e-survey found the cost of medication is the greatest barrier to achieving medication adherence, according to 57.4 percent of respondents. Whether it be the cost of the medications for the individual or the larger costs associated with program administration, the survey found that financial issues in a floundering economy have negative impacts on medication adherence levels. A new, exclusive report, 2010 Benchmarks in Improving Medication Adherence, provides actionable information from 107 healthcare organizations on their efforts to improve medication adherence and compliance in their populations and the impact that medication therapy management programs are having on adherence levels, medication costs, ER visits, hospital and nursing home admissions, risk of death and other areas of concern. Learn more about the barriers of medication adherence.
NEWS FACTS:
- Report Content: This 50-page resource provides metrics and measures on current and planned medication adherence programs as well as program elements, lessons learned, challenges and benefits and early returns from successful medication adherence initiatives. Analyzes overall responses and drills down to hospital- and health plan-only views. More than 40 easy-to-follow graphs and tables.
- Data Highlights:
- Current and planned medication adherence programs;
- Populations and conditions targeted by medication adherence efforts;
- The top strategies to improve medication adherence, including metrics on the use of financial incentives, medication packaging, pharmacist counseling and patient aids;
- Inclusion of the pharmacist on medication adherence program team;
- Trends in reimbursement for efforts related to medication adherence, including patient education and medication reconciliation/review;
- Technologies and data sharing utilized by medication management programs;
- The top five tools to assess and monitor medication adherence;
- Availability of medication adherence programs in the primary care office, at hospital discharge, during home visits and other points of care;
- Statistics on health professional contact with patients for the purposes of improving medication adherence (by PCP, nurse practitioner, pharmacist, health coach, and case manager);
- The impact of medication adherence programs on patient compliance with care plans, ER visits, hospital and nursing home admissions, adverse drug events, member/patient satisfaction and ROI and other metrics;
- The complete January 2010 Medication Adherence survey tool;
and much, much more.
- Target Audience: Healthcare payors, purchasers, providers and other key decision-makers.
- Contributing Authors: Jan Berger, chief medical officer for Silverlink Communications, Inc., Beth Chester, senior director of clinical pharmacy services and quality at Kaiser Permanente Colorado, Thom Stambaugh, chief pharmacy officer and vice president of clinical programs and specialty pharmacy with CIGNA Pharmacy Management and Janet Tomcavage, vice president of health services for Geisinger Health Plan.
- Report Formats: PDF instant download or Print.
Learn more about the barriers of medication adherence.
QUOTE ATTRIBUTABLE TO MELANIE MATTHEWS, HIN EXECUTIVE VP AND COO:
Click here for Melanie Matthews's profile. "In addition to providing results from all responses, this report takes a closer look at medication adherence programs in use by health plans and hospitals. An analysis of responses to the survey revealed a strong effort by respondents to improve medicationadherence levels. Medication non-adherence is one of the chief reasons for readmission of Medicare patients to the hospital. Therefore, when medication adherence is properly managed, many readmissions to the hospital can be avoided, which saves money and time for hospitals, payors and patients." Please contact Patricia Donovan to arrange an interview or to obtain additional quotes.
About the Healthcare Intelligence Network — HIN is the premier advisory service for executives seeking high-quality strategic information on the business of healthcare. For more information, contact the Healthcare Intelligence Network, PO Box 1442, Wall Township, NJ 07719-1442, (888) 446-3530, fax (732) 449-4463, e-mail info@hin.com, or visit http://www.hin.com. ###  Member Companies How to Reach Us Management Team |
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