AMCP Foundation Quarterly Newsletter - 2014

 

AMCP Foundation - March 2014

  

Stewardship---It’s More Than a Thank You Letter 

Dear Supporters and Friends, 

Welcome to the first edition of the new quarterly newsletter of the AMCP Foundation! 

I’d like to share a concept in the world of foundations and charities called “stewardship.” 

Not too long ago, people in the fundraising community used to think stewardship meant sending a thank you letter to donors – and that’ it. Others considered being good “stewards” of a donor’s resources only meant making sure donor gifts were being used wisely for their intended purposes. 

At the AMCP Foundation, we take a different view of stewardship. The core of our commitment to stewardship is progressively building deeper relationships with our donors. That means in addition to thanking you for your support, we want to communicate much more. We want to interact with you in ways that solidify and grow your commitment to the Foundation, because you see the value in our support for education and research to advance managed care pharmacy and patient care. 

Like nearly all foundations, our biggest challenge is generating financial resources to provide us the means to accomplish our mutual objectives. 

The center of what we do is the AMCP Foundation’s Annual Appeal – which we call Building a Bridge to the Future. Our goal is to raise $100,000 by November 7, 2014. The progress report in this newsletter indicates we are well underway, but much more help is needed to reach our target. 

Two events at the upcoming AMCP Annual Meeting in Tampa are designed to engage donors and build relationships—the 5kfortheFUTURE race and walk and a Casino Night. They’ll be fun and great networking opportunities. 

We know that successful relationships involve two-way communications. Besides this newsletter, we’ll be sending periodic surveys on proposed activities that will give us the insights needed to design effective programs.

As you become more engaged with the Foundation through our newsletter and monitor our progress towards our goals, we hope you will see the value of our work to advance managed care pharmacy and patient care and support the activities of the Foundation. 

Sincerely, 

Edith A. Rosato RPh, IOM
Chairman

 

 

5KfortheFuture Race in Tampa 

A select group of AMCP members and supporters will launch the inaugural 5KfortheFUTURE fundraiser, sponsored by the AMCP Foundation, on April 3 during the AMCP Annual Meeting in Tampa, FL.

Race participants will earn bragging rights via their participation in the sanctioned event, to be held in Cotanchobee Park, with runners racing along Tampa’s historic Bayshore Boulevard. Located near the convention center site, the course offers beautiful views of downtown Tampa and its breathtaking waterfront.

The $30 registration fee proceeds will be used to support the AMCP Foundation’s research program. Prizes will be awarded in a number of categories, including overall fastest runner.

Joining the foundation in this event are Johnson & Johnson Healthcare Systems as general sponsor, and Veridicus Health as shirt sponsor.

Advance registration is required and is nearing capacity of 200 runners. If you are already registered to attend the AMCP Annual Meeting and want to participate, you can do so by adding this to your registration using your registration ID#. If you have problems adding it to your registration, please contact memberservices@amcp.org.

 

 

Building a Bridge Campaign Climbs Toward $100,000 Goal 

The first annual AMCP Foundation appeal campaign is underway. Under the theme Building a Bridge, members, associates and friends of AMCP are being asked to join a $100,000 campaign to help accelerate research and education to advance managed care.

Campaign proceeds will be used to provide educational tools and programs to propel the profession and to develop future leaders and innovators in managed care pharmacy. AMCP members and friends are encouraged to participate and become a member of the Honor Roll of Bridge Builders. The Donor Level chart shows how just a few cents a day can make an impact. For example, a gift of $100 costs just 27 cents per day.

Leading the charge are the Foundation’s first husband and wife joint donors; Dr. Richard A. Zabinski, BS Pharm, FAMCP,Senior Director, Utilization Management at Prime Therapeutics LLC; and Corinne Zabinski, PharmD, L.P. Director of Medical Affairs, Managed Markets at AstraZeneca. Each contributed $1,000 to the campaign.

"Corinne and I support the AMCP Foundation because we believe in its mission of advancing the quality and affordability of health care by promoting the application of medication-related research and education. We are especially passionate about the experiential learning opportunities that the Foundation makes available to students and the emerging leaders of our profession. The Summer Internship Program (supported by Pfizer, Genentech, and the Birchfield Group), the Allergan Residencies, and the Student P&T Competition are terrific programs that advance leadership development. We're proud supporters of the AMCP Foundation," stressed Corinne and Rick.

iPad Winner  

Education and research don’t happen in a vacuum. Managed care pharmacy has made great strides, but much more needs to be achieved to advance our growing and important role in the nation’s new health care system.

An early-bird soft launch occurred during the 2013 Nexus Conference in San Antonio. Donna Bell, BS, Pharm, (see photo at right) who works at Highmark Health Services, won an iPAD for being among initial donors attending the conference. The campaign concludes November 1, following this Fall’s Nexus conference. 

Contributions from the annual campaign are essential for the operation and support of AMCP Foundation programs that exist to help consumers live better lives. The AMCP Foundation strives to conduct research and educational activities that enable individual consumers and society as a whole to better understand the value of their medicine and access optimal care. Monitoring and measuring managed care pharmacy trends in the marketplace is a also a key strategic priority for AMCP Foundation, providing critical information to health care practitioners charged with helping consumers navigate the complex world of health care.

Many companies operate programs to match employee donations to a certain level. A partial list of companies with matched giving programs is available. Donors are encouraged to check with their company’s Human Resources department to take advantage of this opportunity to increase their giving impact.

 

 

AMCP Foundation Best Poster Competition and P&T Competition 

A key element of the AMCP Foundation’s mission is to provide educational opportunities for students and practitioners to help advance managed care pharmacy in our health care system. Winners of the two competitions -- Poster Competition, and P&T Completition -- will be revealed at the upcoming AMCP 26th Annual Meeting & Expo in Tampa, Florida.

Among the highlights of AMCP's 26th Annual Meeting & Expo is the AMCP Foundation's BEST POSTER AWARD, given to both the student pharmacist and resident or fellow with the most outstanding poster. The competition is divided into two categories -- Student Pharmacists and Residents & Fellows.

The winner from each category of the Best Poster Competition will be announced and presented with the award at the Student Pharmacist Award Ceremony on Friday, April 4. The awards program is from 11:30-12:30 in Room 10-12 of the Tampa Convention Center. The winners will also receive a cash award of $500, an engraved plaque, an AMCP one-year membership and a complimentary registration to Nexus 2014 in Boston, Massachusetts!

P&T Competition 

The P&T national competition is intended to give students an opportunity to hone a variety of skills including critical analysis, presentation, and research skills. More importantly, the competition allows students to view different styles and processes that can be used in effective formulary management. It also provides exposure to, and a working knowledge of AMCP's Format for Formulary Submissions.

This year’s P&T competition involved consideration of Eylea, a specialty injectable drug manufactured by Regeneron Pharmaceuticals, and indicated for wet-Age Related Macular Degeneration and Macular Edema Following Central Retinal Vein Occlusion. This year’s competition involved 36 teams submitting materials, which also focused on comparative effectiveness research (CER) as it relates to population health and formulary management. Tools from the CER Collaborative, a partnership between AMCP, NPC, and ISPOR were incorporated in the competition.

Judges for the National AMCP Foundation P&T Competition have selected 8 “finalists” which will make live presentations at 11:45 in Rooms 24 and 25 of the Tampa Convention Center. Each of the eight AMCP Student Chapter teams selected as finalists to compete receives a $4,000 team stipend to be used to help defray travel and other competition related expenses. Each of the three winning teams will receive a contribution to their school’s general scholarship fund in the following amounts: To the first place team’s school - $2,500.00; 2nd place - $1,500.00; 3rd place - $1,000 (may vary by year). The finalists teams are from:

  • Loma Linda University;
  • Rutgers University;
  • University of California, San Francisco;
  • University of Illinois at Chicago;
  • University of the Pacific;
  • University of Southern California;
  • University of Washington; and
  • Western University of Health Sciences
Winners will be announced at the Student Pharmacists Award Ceremony April 4. Sponsors of the P&T Competition are Genentech, Amgen and Dymaxium.

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