Every pharmacy can, and should, be an active participant in helping its hospital achieve higher HCAHPS scores. Historically, physicians and nurses were considered the primary players in raising a hospital’s HCAHPS scores, but data supports that pharmacy can contribute in three key areas of patient satisfaction. What’s more, Deloitte research shows that hospitals with a […]
Three Tips to Help Pharmacy Boost HCAHPS Scores Read More »
Healthcare is a multi-trillion-dollar per year industry, and the cost of misdirected or outdated communications in the industry reaches into the billions. With shrinking Medicare, Medicaid and commercial insurance payments pushing organizations into the red, healthcare administrators and CEOs need viable alternatives for cutting costs. , Starting with how the three L’s—litigation, labor, and latency—there
The Real Cost of Miscommunication in Healthcare Read More »
Pharmacy technician Marjorie Grant was working a normal shift in the ER pulling medication histories, when she got called to a patient’s bedside. The woman came into Gerald Champion Regional Medical Center in Alamogordo, NM, holding her head in pain, feeling nauseous and faint. A nurse indicated that the woman had her medications in her
Pharmacy Technician Uses Drug Knowledge to Help Save Patient’s Life Read More »
Hospital executives are coming to the realization that you cannot cut your way to prosperity. We are now seeing many signs that CEOs are beginning to focus equally on improving revenue growth while keeping costs in check. The hospital pharmacy can play an important role in both areas: revenue growth and cost control. A recent
Hospital Revenue Growth Becoming as Vital as Cost-Cutting Read More »
It’s a sad fact that our country continues to grapple with an opioid crisis and drug diversion remains a related, wide-spread side-effect of that crisis. In fact, experts estimate that 94% of diversion incidents involved opioids. An astounding 47.2 million doses were lost to healthcare employee misuse and theft in 2018, according to the 2019
Ways to Stop Pharmacy Drug Diversion in Your Hospital Read More »
A federal judge recently ruled that Medicare cuts to 340B hospital reimbursements in 2018 and 2019 were not lawful and must be reversed. The ruling also requires administration officials at the U.S. Department of Health and Human Services (HHS) to reimburse hospitals for the monies withheld. U.S. District Judge Rudolph Contreras granted a permanent injunction
News Recap: Judge Stops Medicare Cuts to 340B Read More »
Everyone working in healthcare knows that the connection between nurses and pharmacists remains a key element of patient care. These same people know that while it’s true both groups share a common focus on delivering quality patient care, they approach their jobs from different perspectives. The problem is, a poor relationship between nursing and pharmacy
Ways to Improve Hospital Collaboration and Communication Read More »
It’s no secret that drug and supplies shortages continue to plague every hospital’s pharmacy operations. It’s a complex problem with several causes. In some cases, new medications that work better than older formulations become popular quickly and manufacturers have a hard time keeping pace with demand. In other instances, companies that made products in Puerto
Drug Shortages: 5 Tips to Get the Medications Your Hospital Needs Read More »
One long-overdue update from the Financial Accounting Standards Board (FASB) may have a profound impact on hospital balance sheets. Known as ASU 2016-02 (Topic 842), the new ruling means leases must be recognized differently on an organization’s balance sheet than before. The last time lease guidance underwent such a significant change was 1976. For hospital
Accounting changes raise lease vs. buy questions for hospitals Read More »
Pharmacists Going the Extra Mile The Soldiers’ Home in Holyoke, MA, keeps a limited formulary for vaccines. For this non-Medicare facility, this meant that either the pharmacy was not reimbursed for administering vaccines or the veteran had to absorb the cost of taking a taxi to a nearby pharmacy and paying out of pocket. Jerry
Moments in Pharmacy: Compassion expands vaccination program for veterans Read More »
