Academy of Managed Care Pharmacy General Meeting Tuesday September 23th , 2014

Agenda Welcome What is AMCP? P&T Competition Philanthropy Membership AMCP website Raffle

Executive Board 2014-2015 President – Divya Donthi VP External – Jay Sheth VP Internal – Kim Pham Director of Finance – Jennifer Nguyen Directors of Membership – Eileen Tran & Linh Nguyen Directors of Philanthropy – Jennah Devoll & Kevin Giang Directors of Conference – Kamon Farmer & Jane Lee

What Do You Think of When You Hear “Managed Care”?

What Is Managed Care? AMCP Mission: To empower its members to serve society by using sound medication management principles and strategies to improve healthcare for all. “Managed care is an organized approach to health care delivery that seeks to improve the quality and accessibility of health care—including medication therapy—in a cost-effective manner.” Source: AMCP Mapping Your Career In Managed Care Pharmacy

Interconnectedness of Inputs and Outcomes Drug Cost Patient Safety Medical Cost Drug Choice Patient Satisfaction Drug Effectiveness Increasingly, managed care is outcomes based – we are always looking for evidence about patient outcomes. What this interconnectedness also shows us is that there are many opportunities for YOU – because no matter what you like to do, there are places in the process to intervene to help the patient who is at the center of all these efforts. HR-QoL Drug Side Effects Enrollment

What Types of Organizations Hire Managed Care Pharmacists? Health plans/insurance companies Pharmacy Benefit Management (PBM) companies Benefit design consulting firms Self-insured employers Disease management and specialty pharmacy Pharmaceutical manufacturers Government (VA, Dept of Defense)

What do Managed Care Pharmacists do? Drug Distribution and Dispensing Patient Safety (DUR/PA) Clinical Program Development (MTM) Communication between Patients, Pharmacists, Prescribers (education) Drug Benefit Design (Formularies) Business Management (drug discounts) Cost Management

Example Job Positions Director of Pharmacy Drug Information Specialist (monographs) Clinical Pharmacy Manager Staff Pharmacist (in HMOs) Clinical Pharmacist Call Center Pharmacist

What’s the P&T Competition? P&T Committee Develops and manages the formulary system that is utilized by managed health care systems Evaluate scientific evidence Weigh impact on patient population Conduct cost/benefit analyses Relate drug therapy to practice guidelines

The P&T Competition will not be held this year…

Drug Information Specialist Competition Introducing the first annual Drug Information Specialist Competition (DISC)! Hosted by the AMCP P&T Committee Designed to be a modified version of the P&T Competition Simpler version with the same opportunities to practice monograph analysis and drug research

Drug Information Specialist Competition Background: Hospital is adding a new medication to their formulary Participants have 3 new medications (of the same class) to choose from Monographs of each medication and drug pricing from the Red Book will be provided. Electronic resources will be accepted Analyze monographs and electronic resources and choose the best drug Participants will have 45 minutes to research and then give a 10-20 minute presentation to faculty

Drug Information Specialist Competition More details to come Date: TBD. Projected date sometime in Winter Quarter! Keep your ears open for new information regarding the competition!

Why should I participate? Great opportunity if you want to: Get involved! Practice useful analytical skills! Get a deeper understanding of managed care pharmacy! Prizes! Run for Director of Conference position for next year!

How else can you get involved?

AMCP Events St. Mary’s Canned Food Drive (10/01/14-?) Making Strides Walk (10/25/14) Safe Halloween (Late October) Blood Drive (Winter Quarter) ALA Fight for Air Walk (April) TOPS (Spring/Summer Quarter)

Please drop non-perishable donations in boxes located around campus! St Mary’s Food Drive When: Mon, 10/1 - Fri, 10/31 or ?????? (Pharmacy Month & Holiday Season) Co-sponsored by CPFI & Kappa Psi Where: Locations TBA Please drop non-perishable donations in boxes located around campus!  

Making Strides American Cancer Society 22.3 mile walk When: October 25th, 2014 (Pharmacy Month & Breast Cancer Awareness Month) Where: Tempe Beach Park Possible volunteer opportunities: first aid tent, water stations, cheerers/greeters etc. Co-sponsored by Kappa Epsilon

Safe Halloween When: Late October (before Halloween) Where: Midwestern University Ramada/ Lawn Last year: AMCP partnered with Kappa Psi to educate parents and children about poisonous substances in their households

If you have any questions… Please e-mail: Jennah DeVoll (jdevoll93@midwestern.edu) Kevin Giang (kgiang92@midwestern.edu)

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