Hospital Pharmacy Management
Is your pharmacy a cost center or a strategic asset to your hospital? With over 50 years of experience in supporting hospitals of every size and type across the nation, we understand how to build high-performing hospital pharmacies. We know that every pharmacy is unique, so we tailor solutions to meet your needs.
Pharmacy outsourcing with guaranteed results.1
The pharmacy is one of the largest cost centers in a hospital, up to 20% of your operating budget. Having a high-performing pharmacy is key to achieving your hospital's overall financial performance and to supporting patient safety and improved outcomes. Managing a hospital pharmacy requires operational excellence, continuous compliance with changing standards, effective clinical programs and more. However, limited resources, labor shortages and a rapidly changing industry prevent many from moving beyond basic pharmacy services.
Our pharmacies achieve an average 17% reduction in drug costs compared with national averages for other hospitals (based on 2021 pharmacy adjusted patient days).
If you’re looking for a pharmacy outsourcing partner who assesses all aspects of the pharmacy and is invested in your success, our proven model shares in the risks — and guarantees results. What do guaranteed results mean to you? Complete confidence that there’s no hospital pharmacy challenge that our team of experts can’t tackle.
Our experts comprise pharmacists, Lean Six Sigma managers and experts in regulatory compliance. In fact, members of our team serve on the governing organizations that set industry standards for hospital pharmacies.
- Initial assessment of prioritized pharmacy opportunities
- Business models customized to your hospital’s needs and preferences
- Pharmacy leadership and flexible staffing models
- Ongoing, comprehensive pharmacy performance assessments and dashboard reporting
- Expertise includes 340B, acute care, post-acute, psychiatric/rehabilitation and outpatient/retail settings
- Offset cuts in reimbursements
- Robust clinical programs to improve patient outcomes, align with best practices, and reduce length of stays
- Optimize automation and minimize nursing disruptions
- Ongoing compliance with regulatory and accreditation standards
- Improve patient satisfaction scores
We’re healthcare professionals with a passion for pharmacy. We believe that the pharmacy is essential to improving outcomes – and that the practice of pharmacy can change the future of healthcare.
* Terms and conditions apply. Results guaranteed for full management of the pharmacy only
Learn how hospital pharmacy consulting can achieve your goals
Contact us to learn how our hospital pharmacy management experts can improve your pharmacy’s performance.
Learn how our expert approach to medication management supported one health system's growth strategy
Learn how we helped one 109-bed hospital achieve strategic objectives by expanding its pharmacy services
Learn how we helped a nine-hospital system measurably reduce drug costs and improve appropriate antibiotic use
Questions every hospital executive should ask their pharmacy
See the savings and benefits realized for a regional system over five years
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