With over half of hospitals and health systems in the U.S. operating outpatient pharmacies, retail pharmacies are critical to care continuity, but many hospital-owned sites are dangerously under protected against drug diversion. Staff shortages and inconsistent reconciliation only heighten the…
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Hospital and health system leaders are grappling with increasing medication costs and complexity in pharmacy benefit management. Traditional approaches often leave HR and pharmacy departments siloed, missing out on critical cost-saving opportunities. A new, collaborative approach to the issue aligns…
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Today’s prescribing process is a maze. Providers can’t see what drugs are covered. Patients don’t know what they’ll owe. The result? Poor adherence, worse outcomes and lost pharmacy revenue. During a recent Becker’s-hosted advisory call, leaders in pharmacy, finance and…
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Sentara Norfolk (Va.) General Hospital implemented a medication tracking system to tackle inefficiencies and stockouts in its cardiac operating room. By tagging critical medications and monitoring inventory, the hospital eliminated stockouts, reduced medication waste by 86% and is projected to…
