Date:

Wednesday, October 30, 2019

Time:

11:30 a.m. CT

Duration:

1 hour

Topic:

2019 Performance Improvement Collaborative Series

Escalating drug costs along with decreasing reimbursement have increased pressure for the pharmacy departments to oversee cost effective medication management. According to a 2016 study from American Hospital Association and the Federation of American Hospitals, inpatient drug costs have risen by 38% per admission in just three years. Pharmacy teams must employ specific strategies to reduce inpatient drug spend while continuing to provide high-quality care for patients.

Learning objectives:

During this interactive webcast, we will discuss how Vizient® members who participated in the Addressing Pharmaceuticals in High Cost Service Line Collaborative have maximized efficiencies in managing high cost drugs through utilization and cost containment strategies, medication use evaluations, criteria for use development and monitoring adherence.