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With the abundance of compliance concerns and constant changes, the regulatory burden for health systems is a costly one—both operationally and financially.
According to the American Hospital Association, an average-sized hospital has to dedicate 59 FTEs to regulatory compliance and spend nearly $7.6M annually on administrative activities to support it. 1
Given the bottom line of compliance is safety, the associated cost in time and labor is a must—but does it have to be so high?
That’s why 1,200+ pharmacy professionals have turned to CPS Optimizer, a revolutionary pharmacy management platform, to streamline their efficiency and efficacy when it comes to regulatory compliance.
CPS Optimizer’s comprehensive assessment module offers 750+ review areas and 3,500+ ready-to-use resources—all developed and consistently updated by our fleet of regulatory specialists and clinical pharmacists.
One such assessment is our Compliance & Regulatory Services (CRS) Quality Check, a vital tool for every pharmacy to easily evaluate key regulatory and accreditation standards on a more frequent basis. These routine assessments include monthly CRS Bulletins and a Quarterly Action Checklist, which helps address specific action items and directly links to the pre-made resources needed to complete them.
Our most recent Quarterly Action Checklist addresses specific action items and assists with compliance in your hospital or health system.
By filling out the form, you can download a copy of the latest Quarterly Action Checklist to start advancing your pharmacy’s efficiency, productivity, and compliance today.
1 Regulatory Overload Report. American Hospital Association; November 3, 2017. Accessed February 9, 2024. https://www.aha.org/guidesreports/2017-11-03-regulatory-overload-report
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Quarterly Action Checklist
Reduce Costs & Improve Compliance:
CPS Optimizer®
How pharmacy management software cuts down regulatory
overload and saves millions with regulatory resources
How Does Your Hospital Pharmacy Benefit?
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IN-DEPTH ASSESSMENTS We review clinical and financial performance, regulatory requirements, compliance status, standards of practice, accreditation standards, policies and procedures, and more
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GUIDANCE BY PHARMACY PRACTICE SPECIALISTS We advise your pharmacy while addressing performance barriers and introducing a culture of continuous improvement
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CORRECTIVE ACTION PLANS We benchmark performance and identify opportunities
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SPECIAL COMPLIANCE PROGRAM We deliver keen focus on 340B programs, USP 797/800, controlled substance risk, accreditation readiness, and more
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LEVERAGE OUR YEARS OF EXPERIENCE CPS has delivered over 250 customized sterile compounding consultative assessments for diverse compounding operations
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RECEIVE A COMPLETE SITE ASSESSMENT using our proprietary audit tool
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RECEIVE A DETAILED EVALUATION OF STAFF AND SYSTEMS including personnel training and evaluation, an operational review, and more
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FOLLOWING ASSESSMENT, CPS will deliver a written compliance report and a corrective action plan detailing findings and recommendations to bring your compounding pharmacy into regulatory compliance.
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CPS WORKS WITH YOUR THIRD-PARTY ADMINISTRATORS to capture the claims which now meet the standards for inclusion in your 340B program
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YOUR ORGANIZATIONAL REVENUE INCREMENTALLY IMPROVES FROM THIS PROCESS
Case Study: How Drew Memorial Slashed Total Drug Spend to <$20 PPD