Pharmacies are CFOs’ secret weapon in the cost-cutting war
CFOs need to better understand how more clinically integrated pharmacists can result in overall cost savings, as well as identify the most profitable business model for their hospital’s pharmacy.
Indigent care: how to cost-effectively manage important safety net programs
The 2013 changes in the 340B drug pricing program are the most significant changes the program has seen since its introduction over 20 years ago.
Accountable care strategies emerge
The healthcare delivery market is in the midst of a metamorphosis. The Affordable Care Act and commercial insurers’ focus on value-based payments has ushered in laser focus on quality and outcomes management as a means of managing the costs of healthcare.
A change in perception
The role of the clinical pharmacist is rapidly expanding to stay ahead of the changing dynamics brought by health reform. At the heart of this is a change in perception.
Raising the bar for the pharmacy buyer
Many of us often find ourselves doing something the same way because it’s the way it’s always been done. However, living by the old saying, “If it’s not broken, don’t fix it” can leave us unaware of the potential to improve. This is certainly the case when addressing the business aspects of pharmacy operations.
As pharmacists evolve their patient-care practice and further integrate with care teams, there is still the challenge of how to manage the business of the pharmacy, contain costs and drive new revenue opportunities.
Dollars down the drain
Make every dollar stretch. Pinch those pennies. Get the most bang for every buck. These are the rallying cries being heard within hospitals and health systems across the nation.
- Industry News