Leading Hospital Pharmacy Optimization

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

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

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

Why is Hospital Pharmacy Inventory Management Important? Maintaining an efficient hospital pharmacy inventory management system 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 the financial needs of

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

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. While