Drug Cost Opportunity Analytics

Most pharmacy leaders know that more can be done to reign in medication costs – but lack convenient access to the needed actionable data to identify significant drug savings opportunities.

With Cardinal Health Drug Cost Opportunity Analytics, pharmacy leaders get easy, real-time, on-demand access to pharmacy-centric metrics, dashboards and reports that track drug cost and utilization data. This web-based tool aggregates and consolidates disparate data and provides insight into top drug cost drivers and trends. This information can be drilled down by therapeutic group, class, physician, drug or NDC. Armed with these actionable insights, pharmacy leaders are empowered to reduce their overall drug spend, by identifying the most impactful and powerful pharmacy savings opportunities. 

Cardinal Health Drug Cost Opportunity Analytics also allows users to compare drug cost data to prior fiscal years, and to benchmark their drug spend against hospitals that are similar in size, acuity level or academic status. By identifying hospitals within a system with the lowest cost per case, pharmacy leaders can also identify best practice patterns and create guidelines to reduce costs system-wide. 

This tool can also be used as part of a comprehensive antimicrobial stewardship program, to track and benchmark antibiotic selection and use over time, by defined-daily-dose or days-of-therapy. It then evaluates susceptibility and resistance patterns, and determines the best pharmaceutical agent for each hospital's specific patient population.

Get the easy-to-use tools you need to identify your biggest opportunities for drug savings. Contact us today.