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Medication Therapy Management

Medication Therapy Management is a unique healthcare services provided by pharmacists. It concerns the identifying, resolving, and preventing challenges related to medication use. 

MTM is designed to help patients get the best benefits they can from medications without incurring much costs. 

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Key constituents of MTM

Medication Therapy Management constitutes several activities for successful medication outcomes.

  • Patient assessments and prescriptions reviews
  • Formulation of medication and treatment plans
  • Monitoring the efficacy and safety of all prescriptions
  • Conducting patient education to promote medication compliance

Why MTM is important

The underlying impetus for medication therapy management is to ensure that individuals get the best outcomes from medications. But it also has more key benefits.

Best possible outcomes

The underlying impetus for medication therapy management is to ensure that individuals get the best outcomes from medications.

Reduce drug-related fatalities

Drug-related problems are estimated to result in over $200bn of unnecessary cost per year. MTM can help in reducing this cost

Save lives

Most healthcare-related problems and suffering among people has been attributed to medication complications.

How pharmacists benefit from MTM Services

MTM has several benefits to individual patients.

Extra income

MTM Consultation services can add a pharmacist extra cash when they are provided to self-funded patients or collaboration with insurance companies.

Client-loyalty

Patients will trust you more when they see that you have their best interest at heart, which can be best seen through medication therapy management.

Better participation

Pharmacists are trained to provide not only medication services but also provide healthcare services, a role that is better supported by MTM services

Conducting MTM

Methods of Conducting MTM

Medication therapy review (MTR)

Medication-related action plan (MAP)

Personal medication record (PMR)

Documentation and follow-up

Intervention and/or referral

There's more to MTM

Learn more about medication therapy management by taking our comprehensive MTM Professional Course.

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