AMCP Releases Pay-for-Performance Principles for Pharmacists

The Academy of Managed Care Pharmacy (AMCP) has released its list of 13 principles for an ethical and effective pay-for-performance compensation plan for pharmacists. The principles center on developing clearly communicated, standardized, and measurable standards that address health equity issues and socio-economic disparities. In addition, this framework requires the development of a data reporting infrastructure to ensure fair and timely compensation.

According to the principles, “The use of pharmacy performance measures in managed care has been shown to positively impact patient care. For example, analysis has shown that the implementation of performance measures related to medication adherence have improved adherence to drugs for treating chronic conditions, such as statins, diabetes medications, and renin-angiotensin system (RAS) antagonists, resulting in significant avoided costs for the health system. In addition, the use of these measures was shown to narrow disparities in medication adherence for Black, Hispanic, and low-income beneficiaries.”

Click here to learn more.

(Source: Journal of Managed Care + Specialty Pharmacy, February 1^st, 2022)