FMCPnet.org Foundation of Managed Care Pharmacy The Foundation for Managed Care Pharmacy (FMCP)  
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Are We There Yet?
 
You know the drill. The SUV is loaded, snacks in the sack, video in the DVD player, seat belts on and you’re off…….vacation here we come! And then, approximately 15 minutes down the road, the little voice from the back seat says “Are we there yet?”
 
Lately, I’ve been asking myself that same question about our work at your Foundation, the Foundation for Managed Care Pharmacy. We’ve made tremendous progress, building on the work started by previous FMCP executive directors Michael Dillon and Steve Avey and the numerous individuals who have served as trustees. 
 
Our journey began with the creation of a strategic plan focused on serving the public and working to support the research and education agenda of AMCP. Our passion is to make drugs accessible and affordable through the use of the pharmacy benefit, leading to healthier and happier lives for the patients we all care so deeply about. FMCP works to fulfill our passion by
  • Providing credible, unbiased research and education that helps the general public and also serves to help pharmacy experts help the public get the best available, best value drugs and therefore the most out of the managed care pharmacy system. 
  • Providing information to help the public see what a valuable role AMCP members play in their health care.
 
At another stop along the way, the FMCP Board of Trustees identified four major Areas of Focus for 2009. These are areas where your Foundation can support research and educational efforts that help you stay current and promote the value of what you do to the public, all for the purpose of helping people use their pharmacy benefit to access and afford the medications they need. 
 
The 2009 Key Areas of Focus for FMCP are:
  • Value Based Health Care
  • Specialty Pharmacy
  • Future Health Care Leaders
  • Rewarding Excellence and Innovation
 
Recent accomplishments and projects in these Key Areas of Focus include the following:
  • AMCP Format for Formulary Submissions and Pharmacoeconomic training for health care professionals
  • AMCP Format for Formulary Submission revisions, including a major revision due out this summer
  • Research into Health Plan Insights into Formulary Decision Making, available on our website
  • Emerging Trends in Managed Care Pharmacy survey, now with three years of data available, results available on our website
  • Value Based Health Care: The Role of Pharmaceuticals - an invitational forum that took place in February – watch our website for the pearls learned from this diverse group of health care professionals including employers, pharmacy directors and medical directors
  • National student P&T Competition – more teams than ever competing and scholarships for the top 3 teams
  • Summer student internships in managed care pharmacy and health outcomes – over 70 applicants for the generalized internships and 40 for the health outcomes internship
  • FMCP Specialty Pharmacy Project launched in February 2009– the topic most mentioned in the Emerging Trends survey as a critical need in the future
  • Programs for employers to improve “Pharmacy Benefit Literacy,” focusing first on adherence
  • Institutes of Learning, including the popular Managed Care Eye Institute and Institute for Chronic Kidney Disease
  • 4th Annual Symposium for the Pharmaceutical and Biotech Industries, this year focusing on the impact of genomics and comparative effectiveness efforts on formularies of the future – visit our website for more info and to register
  • Awarding the premier award in managed care pharmacy, the Steven G. Avey Award, recognizing lifetime accomplishments in managed care pharmacy that have benefited the public
 
We have come far on our journey, but we know we have not yet arrived at our final destination. As long as patients require access to life saving and life changing medications, our journey continues and you, as AMCP members, play a key role in our trip. For you see, all of the above projects are made possible through the generous contributions of individuals and corporations who believe in our cause to help people make sure they can get the medications they need through the use of their pharmacy benefit. Without your tax deductible donations, our journey cannot continue. 
 
It is now more critical than ever for all of us who believe in the value of managed care pharmacy to pool our resources in order to further research and education to advance what our profession can deliver to the public. Large donations are scarce and corporations no longer fund research and education at previous levels. Success results when we all pull together for a common cause – that of helping patients.
 
FMCP’s spring giving campaign will focus on pooling our resources in order to make a difference in the lives of the patients served by pharmacy benefits. A donation to FMCP is a donation to our profession and to the cause you work to serve every day. 
 
With your support, we will move closer to the day where we can say we have arrived. I hope you will join us on our trip and utilize the new knowledge we are creating along the way, knowledge designed to help you and to serve the public.   If you would like to make a tax deductible contribution to further the work of your foundation, please visit our website at www.fmcpnet.org.
Registration Form: Evidence Requirements for Formularies of the Future: Impact of Comparative Effectiveness and Genomics
Proceedings of the February 2009 FMCP/P&T Society Leadership Forum: Value-Based Healthcare: The Role of Pharmaceuticals
Managed Care Pharmacy Experts – Change Agents Extraordinaire
                                              
Some things never change, or so I thought. In the midst of budget preparation, the end of school year activities, the AMCP Leadership meeting and an FMCP Board of Trustees retreat, it happened. I got sick –and I never get sick. After seven days of high fevers, the inability to breathe and coughing up at least half a lung,  all while continuing to work (don’t you say a word – you do it, too), my husband convinced me to go to the doctor. Actually, I believe he threatened bodily harm if I didn’t go, but somehow or another I ended up at the doctor’s office.
 
And that’s where I discovered that some things in health care had changed. The first change I was presented with was the option to visit a retail clinic, which I must admit was an appealing option in light of all the work I had to get done. However, I hadn’t visited my physician in a while, so I opted to call the practice I had not visited since 2004.
 
After conferring, the patient (me) and my physician decided that an antibiotic was probably warranted.   I was really pleased that the doctor had given such careful consideration as to whether or not an antibiotic was needed, and I appreciated her careful deliberation as to which antibiotic was most likely to succeed. Gone are the days when antibiotics are prescribed as precautionary measure and it made me smile knowing that managed care pharmacy had played a role in furthering this change.
 
But then came the most delightful change of all. The doctor asked me which pharmacy I wanted to use because they had implemented e-prescribing! The prescription was waiting for me when I arrived and there was little possibility that the pharmacist had difficulty interpreting the writing on the prescription. Definite progress.
 
This encounter made me reflect on the fact that things do change for the better and the annual “FMCP Emerging Trends in Healthcare” internet survey of managed care pharmacy experts is a tool that helps us measure, monitor and share the exciting news of the changes taking place. 
 
If you are a managed care pharmacy expert practicing in a health plan, a pharmacy benefit management company or consulting, can you contribute 30 minutes of your time to help your Foundation by participating in the survey that launches this month?
 
The third annual FMCP Emerging Trends survey seeks knowledge regarding topics such as e-technology, consumer drive health care, disease management, P4P and value-based insurance design, areas of change requiring the expertise of managed care pharmacists and other health care professionals. The more managed care pharmacy experts who participate in this 30-minute online survey, fielded in mid-July through the first of September, the more meaningful the knowledge collected. 
 
This survey is valuable to numerous parties involved in health care. Your customers, the patients and employers you serve, are clamoring to know what you think. FMCP, as a 501 (c) (3) charitable trust charged with serving the public, has the reputation of providing credible, unbiased information, and we are sharing the results with employers, reiterating the points you are conveying. 
 
Additionally, findings from the FMCP Emerging Trends survey serve as a resource for you to see what your peers are thinking and how your organization compares, as well as a mechanism to assist AMCP in selecting the topics you want to hear about. It is the perfect tool to learn about what’s changing in the world of managed care pharmacy and you can help make this resource even better by participating.
 
Watch your inbox in mid-July for the Emerging Trends email from the Foundation for Managed Care Pharmacy. The donation of your time to complete the survey is one way you can help your Foundation show patients that managed care pharmacy experts are change agents working on their behalf to help them optimize their medication therapy.
 
Thank you in advance for your participation in the third annual FMCP Emerging Trends survey of managed care pharmacy experts and I look forward to sharing the results with you at the AMCP Fall Educational conference on October 15-18 in Kansas City.
Benchmarking New Frontiers: Emerging Trends Research with Managed Care Pharmacy Experts
Click this link to access the research findings.  Acrobat 5.0 or higher is required.
Results of the 2007 Foundation for Managed Care Pharmacy (FMCP) market research project designed to gather information on the expectations, behaviors and business trends of managed health care systems on a number of evolving issues.

The Steven G. Avey Award recognizes an individual for sustained, exemplary and distinguished service to the practice of managed care pharmacy.

A new study supported by the Foundation for Managed Care Pharmacy (FMCP) has just been completed.  The study examines the prevalence and use of scientific evidence in the formulary decision making process.     

This uniquely designed self-assessment tool is intended to be used by individual pharmacists and other health care practitioners and by organizations of virtually any size, from a physician's office to a large corporate health plan. The interactive tool provides individual practitioners and organizations with an online step-by-step process to identify, evaluate and improve upon specific task, skills and functions that contribute to effective medication therapy management. By answering a series of questions contained in the interactive self-assessment tool, the program helps identify drug therapy management areas ripe for improvement.  The program then populates any one of three action plan templates chosen by the user.  The action plan template provides a format for defining measurable goals, assigning responsibilities, identifying available resources, and tracking progress, thus beginning a continuous quality improvement process.

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