From Large IDNs to Rural Hospitals: How Three Health Systems Improved Drug Margin

Last year, overall drug expenses rose 14%, so it’s no surprise that nearly 72% of pharmacy leaders now list reducing drug spend as a top priority. Yet most health systems are still tackling this task with a patchwork of processes that can’t keep pace with price fluctuations, contract misloads, and invoice errors.

This compendium follows three health systems of different sizes as they transform drug procurement and realize margin gains with Bluesight’s CostCheck.

Insights include:

• Why wholesaler tools, manual audits, and outside consultants fall short of true drug procurement optimization
• How a large IDN uncovered nearly $3.5M in savings within a single year by shifting to proactive contract management
  How Sentara Health grew its savings by more than 350% over 18 months by replacing its wholesaler tool
• How a small rural hospital achieved a 72:1 benefit-to-cost ratio without adding staff or hours
• How pharmacy can turn purchasing decisions into revenue decisions

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