Author name: Rachel Rahm

Team of local pharmacists hard at work

Drug Shortages: 5 Tips to Get the Medications Your Hospital Needs

Pharmacy Operations / By

It’s no secret that drug and supplies shortages continue to plague every hospital’s pharmacy operations. It’s a complex problem with several causes. In some cases, new medications that work better than older formulations become popular quickly and manufacturers have a hard time keeping pace with demand. In other instances, companies that made products in Puerto […]

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Hospital and healthcare workers working together to analyze data.

Accounting changes raise lease vs. buy questions for hospitals

Financial / By

One long-overdue update from the Financial Accounting Standards Board (FASB) may have a profound impact on hospital balance sheets. Known as ASU 2016-02 (Topic 842), the new ruling means leases must be recognized differently on an organization’s balance sheet than before. The last time lease guidance underwent such a significant change was 1976. For hospital

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Pharmacists and healthcare workers together for team photo.

Moments in Pharmacy: Compassion expands vaccination program for veterans

Patient Care / By

Pharmacists Going the Extra Mile The Soldiers’ Home in Holyoke, MA, keeps a limited formulary for vaccines. For this non-Medicare facility, this meant that either the pharmacy was not reimbursed for administering vaccines or the veteran had to absorb the cost of taking a taxi to a nearby pharmacy and paying out of pocket. Jerry

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Pharmacists and healthcare workers working together to analyze data.

Detailed Pharmacy Benchmarks Help Improve Patient Care and Profitability

Financial, Pharmacy Operations / By

Efficient operation of a hospital’s pharmacy department can contribute significantly to improved patient care and a hospital’s overall profitability. But, are you using the right benchmarks to judge your pharmacy’s performance? Pharmacy financial performance is often assessed year-over-year, which is a good place to start. Much can be learned by tracking and judging total existing

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Physician having trouble solving a problem.

Ways to improve hospital staff work life, reduce burnout & improve patient care

Uncategorized / By

Most healthcare leaders have heard about the Triple Aim by now. It’s the concept introduced by Harvard professor Don Berwick a decade ago that the three ways to optimize health system performance should be built around enhancing patient experience, improving public health and reducing costs. It’s an idea that took hold and has shaped healthcare

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Various pills in small container.

How “Blocking and Tackling” Can Prevent Pharmacy Medication Errors

Regulatory and Compliance / By

Recent high-profile events have once again revealed the vital role basic hospital processes and procedures play in reducing medication errors. While current discussions focus on neuromuscular blockers, all medications and their handling should be part of this conversation. It’s not enough to simply remove vecuronium from automated dispensing cabinets in all but the most essential

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Hospital pharmacists working together to understand prescription.

Case Study: Making A Pharmacist A Strategic Player in Hospital Management

Pharmacy Operations / By

One pharmacist can make a difference. All the proof you need exists at the 100-bed hospital Gerald Champion Regional Medical Center (GCRMC) in Alamogordo, New Mexico. That’s where clinical staff pharmacist Megan Harrington, PharmD, has spent a year building her department’s reputation as a necessary, strategic partner in her hospital’s operations. 3 Steps to Improving

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Two pharmacists working together to find patient medicine on racks.

Hospital Pharmacies: Top five trends for 2019

Pharmacy Operations / By

Since CompleteRx manages hospital pharmacies, large and small, across the U.S., it stands in a unique position to understand and cope with the industry’s most compelling trends. Recently, Rick Burnett, our chief operating officer, outlined his thoughts on the top trends likely to impact hospital pharmacies in 2019. #1 – Specialty pharmaceuticals will continue to

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Pharmacist using landline phone in store to service patient.

8 Common Misconceptions of Partnering with Outside Firms for Pharmacy Services

Pharmacy Operations / By

When it comes to using a service provider to manage your hospital pharmacy, there are many positive outcomes and advantages related to operational efficiencies, financial stability and patient care. Unfortunately, there are also some long held misconceptions. Let’s take a closer look at the most common misconceptions and get a better understanding of the benefits

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