pharmacy productivity metrics
TRANSCRIPT
Pharmacy Productivity Metrics
Whistle While You Work
The 8 Ring CircusLeadership Med Prep & DeliveryPatient Care Services Medication Safety
Medication Use Policy EducationHR Management Financial Performance
LEADERSHIP
Proactive Guidelines
• Certified Pharmacy Technician• Medication Reconciliation program– Discrepancies caught, resolved and eliminated. – Competencies
• Residency program. – 'supply chain' of candidates
• Pharmacy Leadership Mentoring Program– supply chain of in-house, trained, leaders
MEDICATION PRE & DELIVERY
Pharmacy Benchmarking• Drug Expenses • Service Lines • Salaried Expense• Turnaround Time • Balanced Scorecard– productivity, expenses, customer satisfaction, and
safety issues, new orders, renewals, TPN/PPN, neo-natal and chemo orders clinical interventions
• Clinical Excellence
PATIENT CARE SERVICES
Pharmacy is the Only Hospital Department that Provides Both Product
and Service
• Customer Satisfaction • Turnaround Time• Clinical Services
MEDICATION SAFETY
• Medication Adverse Events • Iatrogenic Harm • Outcomes• Older Patients • Chronic Diseases• Reduce Preventable Readmissions• Improve Core Measure Scores
MEDICATION USE POLICY
• Coordination of Care • Medication Reconciliation • Primary Care Teams• Utilization Data • Service Line• Disease Process• Risk Based Contracting
Accountable Care Organization Model
EDUCATION
Training Competencies
• CPOE
• Best Practices
• Clinical Efficiencies
HR MANAGEMENT
Moving Forward
• Talent Acquisition• Interventions• Physician Behaviors• Programs
FINANCIAL PERFORMANCE
Pharmacy Cost Reduction
• Identify Post Cost Reduction Metrics• Pharmacy Units of Service/Productivity• Adjusted Patient Day • CPOE • Premixed Products • Connecting Systems • Lean Inventory Best Practices