Areas of Study | Specializations
The University of Florida’s online Master of Science in Pharmacy with a concentration in Pharmaceutical Outcomes & Policy offers four specialty tracks or concentrations. Students can personalize their education by choosing a specialty track that aligns with their current career or the field of interest.
Pharmacoeconomics refers to the field that evaluates and compares the value of one drug or therapy to another. Students will learn to critique and apply pharmacoeconomic methods involving cost minimization, cost effectiveness, cost utility, and cost benefit to improve clinical decision making.
Topics include technology assessments in healthcare; health outcomes; healthcare markets; microeconomics in healthcare; statistical concepts and methods used in pharmacy and medical literature; and more.
Track Option 2: Managed Care Pharmacy Systems
The managed care track offers students an in-depth understanding of managed care principles, structure, financing, and program management strategies common in all health insurance programs. Track coursework examines prescription drug benefit management of Medicare, Medicaid, employer, commercial, and the Insurance Exchanges, as well as emerging delivery and reimbursement systems, such as Accountable Care Organizations.
Coursework covers subjects such as benefit design, pharmacoeconomics, drug comparative effectiveness, formulary management, pharmacy distribution channels, pharmaceutical contracting, quality and drug safety, specialty pharmacy management, public policy, and benefit trends and costs.
Track Option 3: Patient Safety in Medication Use
The Patient Safety in Medication Use (PSMU) specialization provides students with the knowledge required for evaluating and improving patient safety. Errors involving medications have been identified as the major source of preventable error in healthcare—now you can be part of the solution to this.
Topics covered include: healthcare quality and measurement; safety interventions and practices; establishing a culture of safety; and examining human factors, ethics, policy and legal issues related to quality and safety in medication use.
Track Option 4: Pharmaceutical Regulation (PharmReg)
This specialty track focuses on the regulatory framework that surrounds manufacturing, distributing, dispensing, and the use of pharmaceutical products with the understanding that the ultimate goal is to ensure healthcare quality. It places pharmaceuticals in the larger context of healthcare.
Topics include Food & Drug Administration (FDA) theory and practice; product labeling requirements; drug approval processes; Medicare and Medicaid; government healthcare regulation; fraud and abuse; and more. This specialty track is ideal for work in drug regulation and oversight, governmental affairs, healthcare benefits administration, or pharmaceutical administration.