PHARMACY SUPPLY CHAIN MANAGEMENT: Strategic Information Pharmacy (SIRx)

Strategic Information Pharmacy (SIRx)

Capture cost savings in the pharmacy by making sure purchases are on the right contract on the right tier and at the right price.

Automates some fundamental audits that many hospitals perform manually
Reviews and identifies pricing discrepancies, and works with vendors and distributors to resolve discrepancies, ensure credit and complete re-bills
Reviews and identifies failures to supply items and helps recover costs
Assesses financial impact of backorder status for guaranteed supply items, then sends invoices to manufacturer for reimbursement
Reviews monthly high dollar market share contracts, compares to target ranges and identifies opportunities for getting to the next range
Reviews and identifies opportunities to purchase alternative agents at a lower price—and the ability to accept or decline
Deletes declined alternatives from subsequent reports
Models potential cost savings when converting to alternatives

Discover how MedAssets can help your bottom line

Children’s Hospital of Pittsburgh (CHOP)

CHOP utilizes decision support tools to identify improperly assigned DRG’s, resulting in the retrospective recapture of $1.5M in underpayments.

April 30, 2010

April 30 - May 3

Orlando, FL

Booth: 408