PLATINUM2024

ACADEMY OF MANAGED CARE PHARMACY (AMCP) FOUNDATION

Developing leaders. Enhancing health.

aka AMCP Foundation   |   Alexandria, VA   |  https://www.amcpfoundation.org/

Mission

Mission: To strengthen managed care pharmacy by investing in future-focused research and inspiring the next generation to improve patient health.

Ruling year info

2016

Chief Executive Officer

Susan Cantrell

Main address

675 N. Washington St., Suite 220

Alexandria, VA 22314 USA

Show more contact info

Formerly known as

Foundation for Managed Care Pharmacy (FMCP)

EIN

22-3107061

NTEE code info

Research Institutes and/or Public Policy Analysis (E05)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Academy of Managed Care Pharmacy (AMCP) Foundation is the philanthropic arm of the nation's leading professional association dedicated to increasing patient access to affordable medicines, improving health outcomes and ensuring the wise use of health care dollars. Through evidence- and value-based strategies and practices, the 8,000 pharmacists, physicians, nurses, and other practitioners belonging to AMCP manage medication therapies for the 270 million Americans served by health plans, pharmacy benefit management firms, emerging care models and government.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Managed Care Summer Internships for Student Pharmacists

The AMCP Foundation partners with pharmaceutical manufacturers and health plans to offer summer internships in managed care and health outcomes research across the nation each year.

Population(s) Served
Students
Adults

The P&T Competition was created to introduce student pharmacists to the skills necessary for effective formulary review and management. By participating in the P&T Competition, student pharmacists gain experience in gathering and critically analyzing scientific, clinical, and economic evidence in a systematic and rigorous fashion. They also hone written and oral communication skills that are increasingly important in today’s health care environment.

Population(s) Served
Adults
Students

The AMCP Foundation Best Poster Award is given annually to the student pharmacist, resident or fellow, and graduate student with the most outstanding poster. The competition is divided into three categories: Student Pharmacists, Residents or Fellows, and Graduate Students. Student/Resident/Fellow/Graduate Student Posters may be submitted by pharmacy students enrolled in a Doctor of Pharmacy degree program, pharmacy residents, pharmacists completing postdoctoral fellowships or students completing a graduate program. Posters submitted under the Student (Non-Reviewed) option, are eligible to compete for the Best Poster Award.

Population(s) Served
Adults
Students

Each year, the AMCP Foundation releases resources relevant to research being done in managed care pharmacy.

Population(s) Served
Adults
Researchers

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of new website visitors

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, Students, Researchers

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The AMCP Foundation aims to advance the quality and affordability of our health care system by promoting the application of medication-related research and education. We focus our efforts on being patient-centered, credible, transparent, collaborative, and innovative. Altogether, we promise to contribute to the efforts to improve health outcomes in our nation by developing managed care pharmacy leaders through immersive education and research on the evolving health care environment.

The AMCP Foundation operates in alignment with the 2018-2020 AMCP Foundation Strategic Plan. We plan to facilitate research through our "Best Poster" competition at our annual meeting, host a research fellowship, and continue facilitating an annual Research Symposium at our Fall Nexus meeting. In order to promote our missions goal of "immersive education", we plan to expand the student P&T Competition, student pharmacist scholarships, residencies and fellowships, web-based resources, and prove that we have added value for faculty members as well.

We plan to accomplish our goals by remaining future-oriented, patient-centered, and balanced by engaging with the community and diverse stakeholders and collaborators in industry. We will build on our robust legacy of medication-related research and education.

Some of our accomplishments include:
-Development of the nationally recognized P&T Competition, providing student teams a fun and prestigious way to learn effective, evidence-based pharmaceutical evaluation since 2000.
-Our organization celebrated 25 years of immersive education through various summer internships nationwide in 2018. Nearly 200 student pharmacists have gained exposure to real world managed care operations, health outcomes research projects, and more. Student internships conducted since 1993, providing more than 200 pharmacy students exposure to real-world managed care pharmacy practice and operations.
-Annual Research Symposia held as AMCP Nexus preconference series since 2010, plus Leadership Meetings, Learning Institutes and other gatherings.
-Launch of the Best Poster Competition for student pharmacists in 2002, with subsequent expansions to recognize residents, fellows, graduate students and senior investigators.
-Recognizing sustained leadership and contribution to managed care pharmacy through the Steven G. Avey Award, presented since 2001.
- In 2014, we released the findings of our research project to identify and assess the impact of the rapidly changing dynamics of the US health care system. The project outlined the top 10 emerging health care trends expected to have a significant impact on managed care pharmacy organizations. Following the initial release of this report, we have provided "bridge" articles, to discuss the realities and implications of our changing healthcare environment as predicted. We are in the process of conducting research for our second version of the "Top 10 Emerging Health Care Trends" with the hopes of publication later this year.
-Led a consortium that established the unprecedented AMCP Framework for Quality Drug Therapy, bridging the gap between the status quo and ideal drug therapy.

Some of the important topics and trends we have tackled include:
-Health care trends and implications for stakeholders such as patients, providers, payers and pharmaceuticals.
-Value-based health care and the role of pharmaceuticals.
-Pharmacy literacy to improve adherence.
-Specialty pharmacy.
-Value of medicines to build understanding of managed care pharmacy principles.
-Medication therapy management and quality of care.

Financials

ACADEMY OF MANAGED CARE PHARMACY (AMCP) FOUNDATION
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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ACADEMY OF MANAGED CARE PHARMACY (AMCP) FOUNDATION

Board of directors
as of 02/01/2024
SOURCE: Self-reported by organization
Board co-chair

Susan Cantrell

Academy of Managed Care Pharmacy

Term: 2016 -


Board co-chair

Annesha White

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 11/6/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

We do not display disability information for organizations with fewer than 15 staff.