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Through our Drug Cost Control Solution, realize substantial savings opportunities as well as improved patient outcomes from utilization-focused initiatives
Many hospitals focus on the price, versus the utilization, of drugs in cost control initiatives. Leveraging utilization data to drive cost savings requires resources and support – and often hospital pharmacies are already overtaxed in their responsibilities. In fact, data1 shows that when pharmacies are on patient floors and working with physicians, they are better able to improve patient care, implement clinical programs, improve patient satisfaction scores and increase drug cost savings. Yet the pharmacy needs resources and support in order to be fully deployed on patient care floors.
Our Drug Cost Control Solution is a systematic approach that helps reduce drug costs for hospitals by focusing on both price and utilization. We support the pharmacy by providing both clinical pharmacist subject matter experts and a proprietary analytics tool to rapidly identify top medication cost drivers. Once cost drivers are identified, we bring the expertise and resources to help the pharmacy implement savings initiatives. As a result, we are able to realize substantial savings opportunities as well as improved outcomes from utilization-focused initiatives. In addition, we provide the resources and support to enable the pharmacy to implement clinical initiatives and to be deployed on patient floors and collaborate with physicians.
1Source: Pharmacotherapy 2008:28(11)
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Our subject matter experts provide clinical consulting for antibiotic stewardship and drug cost control strategies.Read more about Clinical Consulting
From assessing the needs of your organization, to full pharmacy management, we're here to help you achieve your goals.Read more
Rapidly identify top medication drivers and benchmark performance, and track antibiotic usage and susceptibility.Read more about Drug Cost Opportunity Analytics
Analyze drug purchases to identify savings opportunities to drive the maximum value from Group Purchasing Organization contracts.Read more about GPO Contract Optimization
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