What is Medication Therapy Management (MTM)?
Medication Therapy Management (MTM) focuses on the safe and effective use of medication to achieve intended pharmacotherapy outcomes.
According to the CDC, 20.6% of the U.S. population takes three or more prescription drugs. For people over the age of 65, the fastest-growing segment of the population, three out of every five take three or more prescription drugs.1 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.2 That's more than 100,000 deaths and nearly 600,000 serious events annually.
In 2003, the Medicare Modernization Act added payment provisions for pharmacists conducting MTM services. 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 PharmD or a bachelor’s degree in pharmacy and must be a licensed and practicing pharmacist in the United States.
This program is designed to help pharmacists find new careers at:
- Managed 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.
 Center for Disease Control. (2016, April 27). Retrieved May 3, 2016, from http://www.cdc.gov/nchs/data/hus/2015/079.pdf
 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.
What are the admission requirements?
The following are the minimum admission requirements for the master of science in pharmacy with a concentration in medication therapy management.
Applicants must have:
- A doctor of pharmacy OR a bachelor of science in pharmacy from a regionally accredited institution in the United States or Canada OR an equivalent doctor of pharmacy OR a bachelor of science in pharmacy from an international institution
- Proof of licensure to practice pharmacy in the United States
- Canadian residents who graduated from non-U.S. or Canadian institutions must have a U.S. pharmacy license, in addition to a Canadian pharmacy license.
- (Applicants with a bachelor of science or a non-U.S. degree only) 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, graduate, or professional degree from an international institution, they must take and submit GRE scores. There is no exception.
Applicants educated outside the United States may be required to pass a test of English language fluency.
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.
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