Older patients are more at-risk for drug interactions
The Food and Drug Administration (FDA) estimates that over 350,000 adverse drug events occur in U.S. nursing homes every year. Pharmacogenetics can help patients receive the full intended benefit of a prescribed medication and prevent adverse drug events.
However, pharmacogenetic testing and application, while highly beneficial, is not easily accessible.
- Clinician training on the science and clinical application of Precision Medication Management is not readily available
- Providers don’t know who is eligible for pharmacogenetic testing or who should receive a test
- Insurance coverage and prior authorization process can be a headache for prescribers
The cost of preventable adverse drug events
Adverse drug events are estimated to cost up to $30 billion in the U.S. annually due to increased hospitalizations, prolonged hospital stays, additional diagnostic tests, and therapeutic measures.
Using BASE10’s Precision Medication Management program, nursing homes can ensure that drug therapy is as safe and effective as possible.