Pharmacists Find Cost Avoidance Savings and Improve Safety with Clinical Interventions

PRLog (Press Release) - Jul 22, 2009 -
Bellevue, Wash. -- Pharmacy OneSource, Inc., software as a service provider to more than 1,300 hospitals in the United States, announced today that its Quantifi clinical documentation program continues to be successful in helping clients show cost savings, establish benchmarks and trend clinical and quality pharmacy activities. Pharmacy OneSource has 44,035 users currently documenting in Quantifi who have recorded more than $126 million in cost savings in the second quarter of 2009.

Quantifi users documented 2,134,854 interventions last quarter, which were associated with $13,389,190 actual dollar and $112,851,479 in risk avoidance savings by pharmacists through intervention. Real reduction in supply costs (such as a switch from atorvastatin to simvistatin) is an example of actual dollar savings; where avoided potential costs (an adverse drug event or an extended length of stay) represent risk avoidance savings.

Here are the Top Five Drugs associated with a medication error recorded in Quantifi last quarter, and the total number of reports for each:

Insulin Preparations                               422
Vancomycin                                         399
Enoxaparin                                           394
Morphine Sulfate                                  344
Warfarin                                               315

With more than 1,000 hospitals across the world having used Quantifi, and more than 25 million clinical interventions, adverse events and adverse drug reactions documented, Pharmacy OneSource understands the potential to increase the credibility of pharmacy numbers in the eyes of the hospital administrators.

Quantifi allows pharmacists to document their clinical interventions, adverse events and drug reactions quickly over the internet or on a handheld computer through a series of menus, drop-lists, and input screens, collecting crucial event data easily. In addition, Quantifi users have the ability to follow-up on their reports or the reports done by their peers. Quantifi administrators easily generate executive level reports and detailed managerial reports to support clinical and quality improvement activities.

To get a free report, Pharmacy Clinical Interventions Update, with the top drugs associated with interventions, adverse drug events and medication errors, please submit your contact info at: http://vovici.com/wsb.dll/s/ed15g2aaea

About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare’s #1 Software-as-a-Service (SaaS) provider. Our nearly 70 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and UnitStock.