Successful Transitions from Hospital to Home
PharmD Live offers Transitions of Care Management solutions (TCM) to help patients make more successful transitions from hospital to home.
Errors with medication lead to approximately 1.5 million avoidable adverse drug events (ADEs) at a cost of more than $3 billion per year. According to The Center for Disease Control (CDC), three of four Americans who are 65 and older have multiple chronic conditions and take multiple medications.
At hospital admission or discharge, 7 of 10 patients experience a medication discrepancy, and one of every three discrepancies can cause patient harm. Patients with multiple medical conditions, complex medication regimens and unmet social needs are at increased risk of therapy problems during transition from hospital to home.
In addition, 18 to 20 percent of Medicare patients are readmitted to the hospital within 30 days of discharge. Of these patients, 50 percent are never seen by a follow-up provider between discharge and readmission.
Comprehensive Medication Management
PharmD Live's TCM solutions begin in the acute setting and extend well into recovery. With PharmD Live TCM solutions, patients and providers can avoid medication-related problems during the transition by streamlining medication lists and instructions and receiving pharmacist-led coordinated care.
The PharmD Live TCM Solution Works to:
- Reduce hospital readmission rates
- Decrease healthcare costs
- Improve patient outcomes
The Growing Importance of TCM
To be successful in today’s dynamic and complex healthcare system, caregivers must provide value-based care to patients who are better informed and inspired to participate in their own care plan. Furthermore, with The Affordable Care Act's Hospital Readmissions Reduction Program (HRRP), hospitals and post acute care facilities (PACs) with comparatively high rates of Medicare readmissions are financially penalized for readmissions within 30 days of discharge for the following disorders: heart failure (HF), acute myocardial infarction (AMI), pneumonia (PN), chronic obstructive pulmonary disease (COPD), and total hip arthroplasty/total knee arthroplasty (THA/TKA).