Quick facts:
- We reduce pharmaceutical expenditures by 3-5% through our supply chain solutions.
- We directly purchase more than $600 million and manage more than $1 billion in annual drug spend.
- We help hospitals understand profitability by service line, as well as cost per diagnosis-related group (DRG) and physician-level data.
Through our suite of cost control solutions, we help clients reduce their pharmaceutical expenditures by implementing best practices to purchasing and inventory optimization, as well as to drug cost control and clinical programs.
We offer expertise and services to support:
How do you measure costs in your pharmacy?
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On average, we help clients achieve 17% to 48% inventory reductions in the first year.
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On average, we help clients realize cost savings from 50 to 90 basis points of annual drug purchases.
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We typically help clients realize cost savings of 3% of annual drug purchases.
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Our web-based dashboard rapidly identifies top medication cost drivers and trends, as well as benchmarks your pharmacy's performance.
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We help ensure accurate data to support patient charge processing, bedside barcode verification, and 340B split inventory billing.
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