Monitoring of Medication Therapy Management Programs
For Immediate Release
Optimal Solutions Group, LLC (Optimal) has been contracted by the Centers for Medicare & Medicaid Services (CMS) to monitor and evaluate Medication Therapy Management Programs (MTMP) offered by Part D Sponsors in an effort to identify and understand attributes of MTMPs that may be effective for the Medicare Program, beneficiaries, and providers. Prescription drug plans and Medicare Advantage plans that offer prescription drug coverage are required to have an MTMP for beneficiaries who meet high-risk criteria.
Optimal will assist CMS in identifying those MTMPs that demonstrate the most positive impact on medication use of Medicare beneficiaries or help in identifying standardized outcomes that could be measured by all Part D Sponsors. The MTMP monitoring support project requires Optimal to develop a research design, collect data materials already collected by sponsors for monitoring, monitor sponsors to determine if they are evaluating their programs in compliance with the outcome measures stated in their CMS-approved MTMP application, conduct data analysis for interpretation, and produce reports that synthesize relevant findings.
CMS is the Department of Health and Human Services (HHS) agency responsible for administering Medicare, Medicaid, and SCHIP (State Children's Health Insurance Program). For more information on CMS, visit www.cms.hhs.gov.
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Optimal Solutions Group, LLC is a nonpartisan, public policy research consulting firm in the Baltimore-Washington metropolitan area. Optimal is committed to supplying insightful program evaluation, cost-benefit and effectiveness analyses, custom econometric modeling, and market analyses for decision makers in both the public and private sectors.
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Optimal serves numerous government and commercial clients, including federal and state agencies, community-based organizations, business associations, and law firms.