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formulary management(with Errorless answers)

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formulary correct answers continually updated list of medications and related products supported by EBM and the judgement of physicians, pharmacists, and other experts in the diagnosis and tx of disease and preservation - encourage the use of the safest, most effective and most affordable medications - enhances other existing medication management practices who needs a formulary correct answers - hospitals - payers: insurance companies, managed care organizations - ect open formularies in health system correct answers - no limits on what can be prescribed - prescribers have unlimited power - ex: infections disease dr can prescribe antipsychotic closed formularies in health systems correct answers - limitations on what can be prescribed (formulary restrictions) - prescribers must follow restrictions/criteria in place - 2 types: positive or negative positive closed formularies correct answers - add meds as you go - less common - best for limiting number of drugs available, but not popular when first implementing formulary since every drug has to be considered negative closed formularies correct answers - start with current stock and eliminate non-essential meds - more common - can lead to larger formulary than needed and more spending costs for hospital pharmacy and therapeutics committee (P & T) goals correct answers - develop a list of the safest, most effective meds that will produce the desired goals of therapy at the most reasonable cost to the healthcare system - provide a decision-making process leading to the selection of meds necessary for the tx of any disease states likely to be seen in the institution who is on P&T committee correct answers - includes providers, nurses, pharmacists, administrators - no standard number- varies based on institution policies/preferences P&T process correct answers 1) initial request 2) use and volume 3) drug and disease 4) monograph 5) references

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formulary management(with Errorless answers)
formulary correct answers continually updated list of medications and related products supported
by EBM and the judgement of physicians, pharmacists, and other experts in the diagnosis and tx
of disease and preservation
- encourage the use of the safest, most effective and most affordable medications
- enhances other existing medication management practices

who needs a formulary correct answers - hospitals
- payers: insurance companies, managed care organizations
- ect

open formularies in health system correct answers - no limits on what can be prescribed
- prescribers have unlimited power
- ex: infections disease dr can prescribe antipsychotic

closed formularies in health systems correct answers - limitations on what can be prescribed
(formulary restrictions)
- prescribers must follow restrictions/criteria in place
- 2 types: positive or negative

positive closed formularies correct answers - add meds as you go
- less common
- best for limiting number of drugs available, but not popular when first implementing formulary
since every drug has to be considered

negative closed formularies correct answers - start with current stock and eliminate non-essential
meds
- more common
- can lead to larger formulary than needed and more spending costs for hospital

pharmacy and therapeutics committee (P & T) goals correct answers - develop a list of the safest,
most effective meds that will produce the desired goals of therapy at the most reasonable cost to
the healthcare system
- provide a decision-making process leading to the selection of meds necessary for the tx of any
disease states likely to be seen in the institution

who is on P&T committee correct answers - includes providers, nurses, pharmacists,
administrators
- no standard number- varies based on institution policies/preferences

P&T process correct answers 1) initial request
2) use and volume
3) drug and disease
4) monograph
5) references

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