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. 2020 Sep;26(9):10.18553/jmcp.2020.26.9.1057. doi: 10.18553/jmcp.2020.26.9.1057

TABLE 4.

Estimated Health Care Savingsa

Health Care Savings Number of Events Cost Per Event Total Savings
Clinic outpatient visit avoided 10,313 $162.00 $1,670,706
Specialty office visit avoided 1,346 $207.00 $278,622
Employee work days saved 277 $240.00 $66,480
Laboratory service avoided 240 $22.45 $5,388
Urgent care visit avoided 144 $121.24 $17,459
Emergency room visit avoided 211 $755.00 $159,305
Hospital admission avoidedb 41 $16,983.00 $696,303
Nursing home admissions 3 $6,398.00 $19,194
Home health visit 1 $392.84 $393
Total 12,576 $2,913,850

a Reflects services provided to 9,068 patients in 33,706 encounters from September 1998 through September 2008. Savings were calculated as the number of events avoided by MTM, as estimated by the MTM pharmacist and validated by external review, times the average costs of services at Fairview Health Services in the second quarter of 2008.

b Cost per event is the average cost of a hospital admission in Fairview Health Services in the second quarter of 2008.

MTM = medication therapy management.