What is Medication Therapy Management (MTM)?
Medication Therapy Management (MTM) focuses on the safe and effective use of medication to achieve intended pharmacotherapy outcomes.
The Medicare eligible population, patients greater than 64 years old, is expected to double by 2050.1 Medicare programs are required to provide MTM services to patients that meet certain eligibility requirements. One of those requirements is number of prescription medications. According to the CDC, 23.1% of the US population takes three or more prescription medications.2 From 2011 to the beginning of 2015 alone, more than 3.4 million serious adverse events — including hospitalization, disability, and death — occurred as a result of drug or therapeutic biologic use.3 That's more than 100,000 deaths and nearly 600,000 serious events annually.
In 2003, the Medicare Modernization Act established Medicare Part D drug plans and required plans to establish a Medication Therapy Management (MTM) program. Patients who have two to three chronic diseases, multiple Medicare Part D drugs, or who will incur high annual drug costs are target beneficiaries of MTM. After the passage of the Affordable Care Act, the amount of people who are covered by Medicare and Medicaid has grown significantly.
MTM services can increase drug therapy adherence in patients by informing them how to take their prescribed drugs and helping them resolve issues that may be preventing them from following their regimen. When patients take their medications properly, there’s less of a risk of adverse effects as well as an increase in the effectiveness of the therapy.
Why get a graduate education in MTM?
MTM is an emerging area of pharmacy practice. With the growth of patients that are target beneficiaries of MTM services and pressure to decrease medical spending, insurers and medical providers are looking for ways to more efficiently improve patient drug adherence.
A Master of Science in Pharmacy with a concentration in Medication Therapy Management can open new career opportunities in managed care, MTM vendor companies, hospitals, and community pharmacy settings, as well as establishing a private MTM practice.
Who can benefit from this program?
In order to be successful in this program, applicants must have a degree in an applicable healthcare field and an active license to practice in their field.
This program is designed to help healthcare professionals find new careers in:
- Managed care
- Ambulatory care
- MTM vendor companies
- Community pharmacy settings
This program also provides students with the knowledge to develop and launch their own MTM practice or expand their services at their current practice.
 Henry J Kaiser Family Foundation. The Medicare Part D Prescription Drug Benefit. Retrieved April 3, 2018, from https://www.kff.org/medicare/fact-sheet/the-medicare-prescription-drug-benefit-fact-sheet/
 Center for Disease Control. Fast Stats: Therapeutic Drug Use. Retrieved April 3, 2018, from https://www.cdc.gov/nchs/fastats/drug-use-therapeutic.htm
 U.S. Food and Drug Administration. (2015, November 24). Retrieved May 03, 2016, from http://www.fda.gov/Drugs/GuidanceComplianceRegulatoryInformation/Surveillance/AdverseDrugEffects/ucm070461.htm
What does the curriculum cover?
The comprehensive coursework for the Master of Science in Pharmacy with a concentration in Medication Therapy Management covers both the clinical and business facets of MTM.
For students who want to provide MTM services, either for their own business or to create new career opportunities, coursework includes:
- Physical assessment skills
- Conducting patient interviews
- Communication techniques between patients and providers
- Medical literature evaluation methods
- Designing medication-related action plans
- MTM as it applies to different body system disorders
For students who are already own a pharmacy practice or who would like to start their own MTM practice, coursework includes:
- Business plan development
- Different models of MTM practice
- Successful provision of MTM
- Documenting and billing MTM services
How much does the program cost?
Courses are $650 per credit hour plus fees. The approximate cost to earn the master's degree is $21,450.
We do not accept UF EEP or Florida State Tuition Waiver, because this is an off-book program that does not receive funds from these programs. For more information about the costs of attendance and financial aid, visit the tuition page.
Master’s Degree Admission Requirements
The following are the minimum admission requirements for the Master’s Degree in Medication Therapy Management.
Degree & Licensure Requirements
- Applicants must be licensed in one of the following healthcare fields within their respective country and hold the specified degree(s) below. Any degree earned in the United States must be from a regionally accredited US institution. If your degree and/or licensure does not meet the requirements and you are interested in applying to the program, please email the Program Director Jennifer Salo at email@example.com.
- Registered Nurses (RN) must be licensed and must hold a:
- Bachelor of Science in Nursing or the international equivalent
- Nurse Practitioners (ARNP) must be licensed and must hold a:
- Master of Science in Nursing or the international equivalent with a bachelor’s degree or the international equivalent in any field OR
- Doctor of Nursing Practice or the international equivalent with a bachelor’s degree or the international equivalent in any field
- Physician’s Assistants (PA) must be licensed and must hold a:
- Baccalaureate in Physician Assistant Studies Degree from an ARC-PA accredited program or the international equivalent OR
- Masters of Science in Physician Assistant Studies or the international equivalent with a bachelor’s degree or the international equivalent in any field
- Pharmacists (BSPharm or PharmD) must be licensed and the following degree(s) must be held:
- Doctor of Pharmacy from an accredited institution OR
- Bachelor of Science in Pharmacy from an accredited institution
- Medical Doctors (MD) must be licensed and must hold a:
- Doctor of Medicine or the international equivalent and may hold a bachelor’s degree or the international equivalent in any field
- Doctors of Osteopathy (DO) must be licensed and must hold a:
- Doctor of Osteopathic Medicine from an osteopathic medical school approved by the American Osteopathic Association (AOA) and may hold a bachelor’s degree in any field or the international equivalent
- Registered Nurses (RN) must be licensed and must hold a:
Proof of Licensure
- Applicants must submit proof of licensure to practice within their respective country in their approved healthcare field.
- Applicants who hold only a bachelor’s degree or who hold only international degrees must submit acceptable Graduate Record Exam (GRE) Scores.
- Applicants who have earned a graduate or professional degree from a regionally accredited U.S. institution are exempt from this requirement and do not need to submit GRE scores.
- Applicants with a BS in pharmacy from a regionally accredited U.S. institution, earned prior to the year 2000, should contact the program to discuss PharmD-degree equivalency and the possibility of a GRE waiver.
- Applicants with a BS in pharmacy earned after the year 2000 or a graduate, or professional degree from an international institution, must take and submit GRE scores. There is no exception.
The English Language Skill Requirement for Admissions
If your native language is not English, or if you graduated with a bachelor’s degree from a non-English speaking country, you will need to submit your TOEFL (Test of English as a Foreign Language) or other Graduate Council approved English language skills test scores.
Contact firstname.lastname@example.org for further inquiries.