CareSpeak Powers Novel Intervention That Saved a Managed Care Company Over $100 Per Member Per Month
In 2016, CareSpeak partnered with Molina Healthcare to pilot a new intervention utilizing our text messaging reminder programs in conjunction with Medication Therapy Management (MTM). The pilot was designed to increase medication adherence, and reduce healthcare utilization for a disabled Medicaid population with high disease burden.
At this year's Academy of Managed Care Pharmacy annual meeting, Jennifer Strohecker, Senior Director of Pharmacy at Molina Healthcare presented the impressive results of the program - A $140 per patient per month reduction in healthcare utilization after four months on the intervention. The pilot adds further validation to our prior clinical studies showing that the use of these interventions leads to increased adherence and better patient outcomes.
An abstract of the poster presentation, which earned a gold medal at the annual meeting was also published in the Journal of Managed Care and Specialty Pharmacy (See page S113). The poster presentation is displayed below.