Pharmacy benefit manager

(The power of the middle man) To simply put in perspective, PBMs work for insurance companies to manage their drug costs, negotiate with manufacturers for better pricing and placing their drugs on preferred formularies versus others. By doing so, they eventually save money for insurance companies, promote drugs of companies who negotiated “good deals” orContinue reading “Pharmacy benefit manager”

Medication therapy management (MTM)

How many times a pharmacist interventions prevents a major drug-drug or drug food interactions? I wonder if there were no pharmacists, we would have had some many casualties related to these adverse drug reactions. According to fda’s article, https://www.fda.gov/drugs/drug-interactions-labeling/preventable-adverse-drug-reactions-focus-drug-interactions : “The Institute of Medicine reported in January of 2000 that from 44,000 to 98,000 deathsContinue reading “Medication therapy management (MTM)”