Medco Wins 2011 URAC Award for Best Practices in Health Care Consumer Empowerment and Protection
FRANKLIN LAKES, N.J., Oct. 7, 2011 /PRNewswire/ -- Medco Health Solutions, Inc. (NYSE: MHS ) today announced that its Medco Therapeutic Resource Centers® (TRCs) won the Silver Award for Best Practices in Health Care Consumer Empowerment and Protection from URAC, the nation's leading healthcare accreditation organization, during the URAC 12th Annual Quality Summit in Chicago.
Medco's program was selected as one of 20 finalists for the award in May 2011 by a distinguished panel of judges. Finalists presented their winning programs during the Summit, showcasing best practices in two categories: consumer decision making and consumer health improvement.
Medco's Specialist Pharmacy Care Model for Improving Medication Adherence presentation demonstrated how the company's pharmacy practice for patients with chronic and complex conditions -- such as diabetes, cardiovascular disease and cancer -- improves patient safety, affordability and medication adherence with essential medications. Medco specialist pharmacists are trained in a particular disease and supported by proprietary information systems that enable review of patient-level data and evidence-based clinical protocols to effectively identify and address clinically significant gaps in care, including adherence to essential medication and omissions of essential medications or testing.
The submission also highlighted metrics -- such as the Adherence Gap Closure Rate -- which showed significant improvements in adherence rates, by disease category, over the time period measured versus non-therapeutic resource center results. Existing peer-reviewed evidence shows that adherence rates above defined thresholds are correlated with impro