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TRHC Commends Progress to Expand Eligibility for MTM Services under Medicare Part D to Combat Opioid Crisis
In addition to now including beneficiaries defined as “at risk” for opioid overuse as eligible for MTM services, the Protecting Seniors From Opioid Abuse Act (H.R. 5684) bill includes recommendations to encourage the use of innovative technologies that ensure pharmacists and healthcare professionals engage with the at-risk beneficiary population through MTM as an effective way to curtail the inappropriate prescribing and use of opioids.
“We are pleased that
TRHC’s MTM solutions - such as MedWise™ - are designed to analyze multi-drug risk and to improve the prescribing process, increase medication safety, and reduce adverse drug events and hospitalizations. This proprietary tool plots an individual’s entire multi-drug medication regimen against various extrinsic and intrinsic medication safety factors. MedWise provides a Medication Risk Mitigation Matrix™ and risk score for each patient that the MTM pharmacists will use when making recommendations to beneficiaries and prescribers.
TRHC recently announced its Optimized Opioid Solution™ to identify and prevent unintentional opioid misuse and avoid unintentional overdose. Through proprietary, state-of-the-art technology, TRHC’s Optimized Opioid Solution can help curb opioid misuse (that can lead to abuse) before it starts – analyzing multi-drug risk to warn doctors about dangerous interactions and encourage safer prescribing choices.
The company provides MTM programs to 150
TRHC (NASDAQ:TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. TRHC provides solutions for a range of payers, providers and other healthcare organizations. For more information, visit TRHC.com.
This press release includes forward-looking statements that we believe to be reasonable as of today’s date. Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; increasing consolidation in the healthcare industry; managing our growth effectively; our ability to adequately protect our intellectual property; and the other risk factors set forth from time to time in our filings with the
T: (617) 234-4118
Bob East or Asher Dewhurst
T: (443) 213-0500