Leading Hospital Pharmacy Optimization
Read our blog to gain valuable knowledge and insights about the hospital pharmacy industry.
7 Benefits to Outsourcing Your Hospital Pharmacy Services
What is Hospital Pharmacy Outsourcing? Hospital pharmacy outsourcing is the process of a third-party assuming the management of all aspects of the pharmacy, including staffing, regulatory, and drug management. Healthcare organizations usually choose to outsource their pharmacy if they are looking to cut costs, improve quality, and better understand how their operation is performing. Download
Using Hospital Pharmacy Benchmarks to Optimize Operations and Improve Patient Care
Hospital pharmacies are continuously adapting to increased demands with innovative solutions in an ever-changing world. With robust benchmarks and clear metrics in place, they have the tools and insight to stay competitive and make informed decisions that will deliver better outcomes for both the health system and the patients it serves. What is Hospital Pharmacy
Chargemaster Maintenance: Guidelines for Managing your CDM and Staying Up to Date
Hospital pharmacies play a crucial role in ensuring that patients receive the appropriate medical care and treatment. One essential component of this is maintaining an accurate charge description master, also known as the chargemaster or CDM. The chargemaster is a comprehensive list of all medical procedures, services, and supplies that a hospital offers, along with their
Current Issues Facing Hospital Pharmacies in 2023
The impacts of the COVID-19 pandemic on global health care are widespread and persistent. Hospital pharmacies have adapted with innovative solutions over the past few years, but the pandemic’s lingering effects continue to present challenges that permeate nearly every aspect of health care. From supply chain issues and staffing shortages to technological advances and emergency
How to Prevent Drug Diversion
Drug diversion is a tremendous challenge for hospitals and pharmacies, creating risk for patients, clinicians, and the entire health care system. Most diversion goes undetected and/or unreported due to its covert nature and the unreliability of traditional reporting like monthly usage reports. This makes it difficult to obtain precise data, but a wide range of
Pharmacy Audit Checklist
A pharmacy audit checklist can serve as a guideline to help you prepare for a DEA audit and avoid costly mistakes. CompleteRx provides all clients with a defined process and checklist, which is reviewed and updated by the CompleteRx operations team. In addition, our compliance department conducts independent onsite audits to ensure adherence. What is
Improving Your Hospital Pharmacy Inventory Management
Why is Hospital Pharmacy Inventory Management Important? Maintaining an efficient hospital pharmacy inventory management system is important because it allows the hospital, first and foremost, to deliver optimal patient care and safety. This is the driving force in creating and implementing any system. In addition, an effective inventory management system helps manage costs and addresses
Your Guide to Understanding the 340B Drug Pricing Program
The 340B drug pricing program is a rebate and savings program that allows qualifying “Covered Entity(s)” to purchase outpatient drugs from manufacturers at reduced and discounted prices. Covered entities are typically hospitals, specialty clinics and their associated outpatient facilities who service uninsured and low-income patients. Why is 340B important? Created by Congress in 1992 and
Dangers of Self-Treatment for COVID-19: Ivermectin Update
After news of a rise in use of ivermection across the country and the conflicting information around its use, CompleteRx wanted to provide some information on drugs that are currently under FDA investigation for the treatment of COVID-19. On September 1, 2021, ASHP reported outpatient prescribing for and dispensing of ivermectin has risen exponentially since before