Drug Spend & 340B Optimization
We optimize clinical outcomes while reducing your drug spend.
We help you achieve remarkable cost savings by providing data-driven clinical insights and outlining initiatives that control drug spend and improve clinical outcomes.
Our experts will work with your pharmacy team to implement best-practices in drug utilization, GPO contract & drug formulary optimization, ensure regulatory compliance and maximize your 340B benefit.
What We Do
Detailed Drug Spend Reduction Strategies
We help our customers achieve remarkable cost savings through providing data-driven clinical insights and outlining initiatives that reduce their drug spend and improve clinical outcomes.
Opportunities
High cost specialty drug spend reduction
Antimicrobial stewardship
GPO contract optimization
Drug formulary optimization
IV to PO - Reduce over-use of injections when oral formulations would be more appropriate
Redirect outpatient pharmacy services outside the Inpatient Setting when appropriate
340B Optimization
Whether you need help implementing a new 340B program, or optimizing or expanding an existing one, our 340B certified expert will dive into the details of your 340B objectives, challenges, resources and opportunities.
Opportunities
Maximizing 340B program savings
Evaluate and ensure program compliance
340B Program implementation and/or expansion
Operational support including committee set up, policy and procedure development, staff training, and audit programs
Operational Improvement Support
We help your team ensure your patients receive the right care in the right care setting. Our detailed plans can improve clinical outcomes and capture additional reimbursement.
Opportunities
Leverage pharmacy informatics to drive best practice standards
Establish or expand outpatient infusion services
Leverage efficiencies and safety through automation
Safe Medication Practices
The adverse consequence of diversion in healthcare includes harm, not only to the drug diverter, but also risk of harm for your patients. We can assess your operations for opportunities to increase safe medication practices.
Opportunities
Medication safety and drug diversion risk assessment & mitigation plan
Pharmaceutical waste management and opioid use reduction strategies
Sterile Compounding Compliance
Safely compounded medications are essential to quality patient care. Our sterile compounding expert will complete a gap assessment and plan for compliance with USP 797 & 800.
Opportunities
Compliance gap assessment and improvement plan
Facility design, including new construction or improvement of current rooms
Operational support including procedure development, staff training, and audit programs
Additional client-specific offerings upon request
Case Studies
Our pharmacy team has expertise guiding pharmacies to reach a new level of added value. Examples include:
