“HOW IS THE PHARMACY DEPARTMENT IDENTIFYING COST … · WHEN THE CFO ASKS… “HOW IS THE...

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WHEN THE CFO ASKS…

“HOW IS THE PHARMACY

DEPARTMENT IDENTIFYING

COST SAVINGS?”

…WHAT WILL BE YOUR ANSWER?

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The following chart shows actual results for a multi-hospital

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contract compliance and optimization reporting system. Through

a combination of identifying and monitoring progress of contract

purchasing performance, a 75% reduction in lost opportunity was

achieved. These results were obtained using a unique patent-pending

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