Med Adherence
The Problem
•Estimated annual cost of prescription drug-related morbidity and mortality resulting from nonoptimized medication therapy was $528.4 billion in 2016 US dollars1
•This is equivalent to 16% of total US health care expenditures in 2016.
•All segments of the healthcare system are bearing the costs of this issue:
- Hospitals Higher re-admit rates impacting reimbursement
- Payers Higher costs for co-morbid conditions
- Providers Multiple visits for same issues resulting poorer engagement
- Patients Higher morbidity rates – the ultimate issue