MEDASSETS Pharmacy Supply Chain Management

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Strategic Information Pharmacy

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

John Peter Smith Health Network

John Peter Smith Health Network’s clean claims rate jumps to 95%, A/R day performance rate improves by 27 days in the first 12 months, and ultimately cash collections increased from $93 million to $180 million in four years.

April 30, 2010

NAHAM 36th Annual National Conference and Exposition

April 30 - May 3

Orlando, FL

Booth: 408