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Pharmacy Performance Improvement

Improve the ROI of Your Pharmacy with a Cost-Effective and Compliant Assessment


​With all the complications and financial challenges brought on by the COVID 19, the complexities of ensuring compliance in your pharmacy can be especially daunting.  With the profitability of healthcare institutions being challenged, the integrity of the pharmacy and its effect on your bottom line has become even more important.  We can provide the expertise of a CEO to facilitate the assessment and implementation of cost-effective and compliant solutions for your pharmacy including:
  • ​340B OPTIMIZATION AND COMPLIANCE​
  • SPECIALTY/RETAIL PHARMACY OPTIMIZATION
  • PHARMACY BENEFITS
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Why Outsource When We Can Provide the Expertise to Ensure that Your Pharmacy Has 340B Optimization and Compliance

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Are you prepared for a potential Health Resources and Services (HRSA) audit
​and the potential for a pharmaceutical manufacturer review? 
 ​
​Our experts will help prepare your pharmacy for a successful 340B program integrity audit through our comprehensive assessment that will eliminate or greatly reduce financial risk and protect your 340B program. We will assist you in making the most of your 340B program by improving operational efficiency and minimizing risk of financial penalties or even program disqualification.
​           We have a team of experts who will assist you in:
​
  • Protecting the integrity of your 340B program
  • Avoiding potential financial penalties  
  • Maximizing savings opportunities
  • Being prepared for upcoming 340B audits
  • Reducing risk of removal from the program
Protect and optimize your 340B program by utilizing our program ​
​without the extra expense of outsourcing. 
 
​

Is Your Specialty/Retail Pharmacy Program Optimizing Its Patient Outcomes and Revenue Opportunities?

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The pharmacy, with all its complexities, is one of the most significant services that will help the hospital or health system hasten its return to profitability during the COVID 19 recovery.
​Improvement in services for patients with Specialty Pharmacy medication needs, managing the complex specialty pharmacy marketplace and capturing the potential revenue from high-cost drugs can all effect the organization’s ROI and market share.
Our experts will provide a comprehensive analysis of your specialty/retail pharmacy.  A detailed plan will provide suggestions for improvement in:
​
  • Patient outcomes and patient satisfaction  
  • Contract management, billing, and accounts receivable  
  • Staffing plans and resource management
  • Dispensing and distribution of medications
  • ROI opportunities
We can also assist you with the development of a Specialty Pharmacy program tailored ​to the unique needs of your pharmacy.

Are You Prepared to Manage the Increasing Costs of Employee Pharmacy Benefits?

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Prescription drug prices are increasing at a greater rate than other healthcare expenses and are expected to rise 15% to 20% over the foreseeable future. ​
As prescription drug prices continue to rise, it is essential to have a program in place to manage the costs of your pharmacy benefits.  We can assist you in developing a customized program to fit the unique needs of your pharmacy.
​
Choosing and managing your PBM to ensure maximum cost savings can have a substantial impact on your organization’s bottom line. We will audit your PBM to ensure that all contractual provisions are being accurately applied and fully aligned with your formulary and purchasing contracts.
​            Our experts will:
​ 
  • Conduct an opportunity assessment and review of your PBM contract and performance, in-sourcing opportunities and make comprehensive recommendations with financial targets
  • Assist you in improving the transparency, pricing, and performance of your current PBM or help you find a new one
  • Conduct a detailed review of your drug claims data for the past two years, as well as your benefit design, pharmacy reimbursement rates, clinical management programs and other services
  • Provide advice or on-site assistance to help you effectively and efficiently implement program changes
Let us help you take full advantage of opportunities to improve and control prescription benefits ​to assist your organization on the road to recovery. 
To speak to Alan Yordy, Senior Partner, about how you can improve
the performance ​of your pharmacy, click here.

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Copyright © 2017 - 2021    All Rights Reserved.
  • Home
  • Our Firm
    • William H. Considine
    • Marty Hauser
    • A. David Jimenez
    • Frank L. Lordeman
    • Nancy Steiger
    • Rebecca Sykes
    • Thomas Strauss
    • Alan R. Yordy
  • Our Services
    • ED Command Center
    • Executive Coaching for Healthcare Executives
    • Developing a Growth Strategy for the Post-Pandemic World
    • Pharmacy Performance Improvement
    • Revenue Integrity Assessment
    • Strategic Alliances
    • Telehealth Solutions
  • Case Studies
  • CEO Healthcare Roundtable
    • How the CEO Healthcare Roundtable Works
    • Meeting Agendas, Learning Formats and Case Studies
    • How to Become a Member
    • Roundtable Meetings
    • Meeting Summary & News
  • C-Suite Interim Leadership
    • Our C-Suite Interim Healthcare Leadership
    • Focus on Healthcare
    • Dedicated to Your Success
    • Our Process
    • Available C-Suite Leadership >
      • Featured Interim Leadership - CIO
      • Featured Interim Leadership - COO/Business Management
      • Featured Interim Leadership - Strategy & Business Development
      • Featured Interim Leadership - CEO/Executive Coach
      • Featured Interim Leadership - CNO/COO
      • Featured Interim Leadership - CEO
      • Featured Interim Leadership - CEO/COO
      • Featured Interim Leadership - CEO/COO
      • Featured Interim Leadership - CEO
      • Featured Interim Leadership - CEO/Strategist
      • Featured Interim Leadership - CEO
      • Featured Interim Leadership - CNE
      • Featured Interim Leadership - CSO
      • Featured Interim Leadership - CEO
      • Featured Interim Leadership - COO
      • Featured Interim Leadership - CMO
      • Featured Interim Leadership - CNO
  • C-Suite Consulting
  • Partial Client List
  • Corporate Partners & Joint Venture
  • News & Meetings
  • Blog Posts
  • Articles and Resources
  • Contact Us