Welcome to St. John’s University AMCP Student Chapter
First Official Meeting!
What is Managed Care Pharmacy and Why Should YOU Care? Faculty Advisor: Dr. Rajesh Nayak
President: Kenny Ng Vice President: Vincent TaoTreasurer: Mahbuba RahmanSecretary: Kristi LinActivities Director: Arusa QureshiHistorian: Ruby LeeMembership Officer: Rohan Ramnarain
Most student pharmacists learn about community and hospital pharmacy practice while in pharmacy school…
When you join AMCP you will discover the world of
opportunities that await you in managed care pharmacy!
What is Managed Care and Managed Care Pharmacy?
• Managed Care is an organized health care delivery system designed to improve the quality and accessibility of health care in a cost-effective manner.
• Managed Care Pharmacy works to create innovative and comprehensive programs that deliver effective pharmaceutical care, improves outcomes and overall quality of life for patients.
What Is A Managed Care Pharmacist?
• Managed Care Pharmacists apply their clinical skills to benefit patient outcomes and optimize medication therapy costs for both the patient and the healthcare organization.– Examples:
• Establishing Drug Utilization Reviews• Medication Therapy Management• Creating Guidelines for Prior Authorizations• Developing Medication Formularies
Where Can Managed Care Pharmacists Work?
• Health Maintenance Organizations (HMOs)– Kaiser Permanente– Humana– Blue Cross Blue Shield Association
• Pharmacy Benefit Management (PBMs)– Express Scripts– Fidelis Care– Aetna
• Group Purchasing Organizations (GPO)– Innovatix, LLC
• Pharmaceutical Industries– Novartis– Pfizer
• Hospitals & Medical Centers• Community Pharmacies
Why Should You Care about Managed Care Pharmacy?
• To remain competitive as the pharmacy job market saturation increases– Unique background and network for those who choose to be
a part of AMCP
• Play a vital role in institutions – As healthcare costs continue to rise and new healthcare
reforms are passed, institutions will look for ways to lower budgets while still providing the best patient care
– Be a vital team player during budget cuts instead of someone being considered for termination
What If I don’t Plan On Being A Managed Care Pharmacist?
Regardless of where you choose to practice as a pharmacist, you can benefit by understanding the concepts and principles
of managed care pharmacy.
Why Should You Join AMCP?
What Is AMCP and How Is it Different From Other Organizations?
The Academy of Managed Care Pharmacy (AMCP) is a national professional association of pharmacists, health care practitioners and others who develop and provide clinical, educational and business management services for the 200
million patients covered by a managed care pharmacy organization.
In contrast to other organizations, AMCP members are committed to a simple goal: providing the best available pharmaceutical care for all patients.
Explore the Benefits of Student Pharmacist Membership
LEARNING OPPORTUNITIES
• Managed Care Internships
• P&T Competition• Shadowing
Opportunities• Two National
Conferences with special programming for student pharmacists
• Managed Care Residencies
Explore the Benefits of Student Pharmacist Membership
INFORMATION
• AMCP News - Monthly Newsletter
• Journal of Managed Care Pharmacy (JMCP) – Peer Reviewed
• Legislative and Regulatory Updates
Join Today!
Complete a membership application
to join AMCP today
Current AMCP Membership Fee: $45 online on www.amcp.org
Application AMCP Membership Fee: $35
If received before November
REFERENCES
• Academy of Managed Care Pharmacy “About AMCP.” Web. Alexandria, VA.15 Sept. 2013.
• Academy of Managed Care Pharmacy “Mapping Your Career in Managed Care Pharmacy A Student Pharmacist Guide.” Alexandria, VA. 15 Sept. 2013
• Rutgers AMCP Student Chapter. “Why.” PowerPoint presentation. New Brunswick, NJ. 15 Sept. 2013.