Business of Pharmacy to be Showcased at 46th ASHP Midyear Clinical Meeting
ATLANTA--(BUSINESS WIRE)-- McKesson Corporation, a Fortune 15 healthcare-services and information technology company, has launched three new solutions designed to help hospitals and health systems achieve better financial performance and operational efficiency as well as improved patient care. More than 20,000 pharmacy experts will learn about these new initiatives and McKesson’s Business of PharmacySM (BoP) approach during the 46th ASHP Midyear Clinical Meeting (Booth #713) in New Orleans.
New solutions that will be showcased include:
- McKesson Ambulatory Pharmacy Solutions - a portfolio of purchasing, inventory, retail, reimbursement and consulting services designed to help hospitals capture new revenue, improve workflow efficiency and extend the continuum of care for improved clinical outcomes.
- ExpressRxTM Track - an automated, high-speed conveyor-based solution for pharmacies dispensing up to 3,000 prescriptions per shift. ExpressRx Track solution offers a small footprint and an affordable price, plus it is scalable to meet the needs of any pharmacy that is interested in centralizing pharmacy dispense efficiency with a mail order, specialty or central fill model.
- The new AcuDose-Rx® automated medication dispensing cabinet - operating on the latest version of the Connect-Rx® software platform, the cabinet provides pharmacists even greater control over cabinet inventory management to ensure that the medications nurses need are always available.
“McKesson is advancing the future of the hospital pharmacy – both inpatient and ambulatory – through industry-leading strategies and expertise that support world-class medication distribution and integrated automation and IT solutions, resulting in better business health for our customers,” said Mark Eastham, senior vice president, McKesson Pharmacy Optimization.
ENHANCING FINANCIAL PERFORMANCE
Ambulatory Pharmacy Solutions Improve Hospital Financials and Advance Continuum of Care
Ambulatory pharmacies enable hospitals to capture new revenue, in addition to extending the continuum of care and driving medication adherence for their patients. McKesson’s new Ambulatory Pharmacy Solutions offering builds on the company’s unmatched experience in retail and hospital pharmacy services to help health systems identify and leverage the right solutions for their ambulatory pharmacy strategy.
“Outpatient pharmacies are playing a larger role in the continuum of care for health systems,” said Coray Tate, clinical research director, KLAS. “Health system executives are also looking at these facilities as a way to increase revenue at a moment when they are being financially challenged.”
INCREASING OPERATIONAL EFFICIENCY
ExpressRx TrackTM Increases Ambulatory Pharmacy Prescription Volume
The new ExpressRx Track is a central fill and mail solution that helps improve efficiency in pharmacies dispensing up to 3,000 prescriptions per shift. The automated, high-speed conveyor-based solution is compact enough to fit a hospital campus footprint and enables pharmacies to consider adding specialty and mail order services while freeing pharmacists to focus on other areas of patient care. With ExpressRx Track, ambulatory pharmacies can consider adding new revenue streams that also support the financial goals of the greater hospital.
“We designed ExpressRx Track with the flexibility to meet many different pharmacy configurations,” said Michael Jordan, senior vice president, McKesson High Volume Solutions. “Our goal is to help health systems realize high revenue generation while contributing to the continuum of care.”
The ExpressRx Track solution frees pharmacists’ time, allowing them to play a larger role in patient care and provide medication reconciliation services for discharge patients and medication therapy management services that improve patient medication adherence.
IMPROVING PATIENT CARE
New McKesson Automation Solution Reduces Medication Stock Outs While Improving Efficiency
With the new AcuDose-Rx medication cabinet, operating on the latest version of the Connect-Rx software platform, hospital nurses are dispensing medications faster and more efficiently, while pharmacists now have greater control over cabinet inventory management.
The exclusive RightStockTM feature, the backbone of the new functionality, tracks in real time the daily usage trends for AcuDose-Rx® automated medication dispensing cabinets, per medication and per pocket, preventing costly medication stock outs. With RightStock, pharmacists can dynamically adjust inventory levels to ensure that the medications nurses need are always available.
“This information and control lets us better manage the amount of high-value medications we stock in each cabinet, and has resulted in a 70% reduction in medication stock outs,” said James Toohey, director of pharmacy at Aultman Hospital in Canton, Ohio.
Meet BoPSM. McKesson’s Business of PharmacySM.
Currently helping more than 2,000 hospital pharmacies nationwide, the Business of Pharmacy (BoP) is McKesson’s evidence-based approach to optimizing the financial, operational and clinical performance of hospital pharmacies. Harnessing McKesson’s superior distribution, BoP extends across the entire business of hospital-pharmacy operations and provides the services and solutions to transform the pharmacy into a center of operational excellence that supports optimal patient care. For more information, please visit http://mckessonbop.com/.
McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit http://www.mckesson.com.
Yancey Casey, 404-338-2468
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