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Goshen Health is a 100-bed non-profit community hospital consistently ranked among the best hospitals in Indiana. Back in 2022, Goshen’s leadership team reached out to CPS Solutions, LLC. (CPS) —one of the country’s largest pharmacy and hospital solution providers—for help. 

 

The relationship initially began in the hospital’s pharmacy where the CPS team rapidly began increasing efficiencies, cutting costs, and staying ahead of regulatory requirements. With such impressive results, Goshen soon brought in CPS for additional support in their rehabilitation department and supply chain management. 

 

Across all three business areas, CPS helped the hospital achieve great feats in just one year:

Hospital Pharmacy

  • Implemented cutting-edge pharmacy management software, CPS Optimizer, realizing nearly $1M in financial impact
  • Improved compliance score by 17% by supporting on-site pharmacists and technicians with CPS’ national network of pharmacy experts

Rehabilitation Therapy

  • Developed awareness initiatives to maximize referral volume and revenue, resulting in a 7.2% increase in inpatient-to-outpatient conversion
  • Realized 62% increase in the department’s financial contribution while identifying new efficiencies in managing patient flows

Supply Chain Management

  • Revealed opportunity for thorough review of 9,000 surgical services items
  • Reduced surgical services inventory by nearly $400,000
Fill out the form below to download the case study. 


Case Study: Goshen Health’s One Year Success

Taking Operational Excellence to the Next Level—One Business Area at a Time

How Does Your Hospital Pharmacy Benefit?

  • IN-DEPTH ASSESSMENTS We review clinical and financial performance, regulatory requirements, compliance status, standards of practice, accreditation standards, policies and procedures, and more

  • GUIDANCE BY PHARMACY PRACTICE SPECIALISTS We advise your pharmacy while addressing performance barriers and introducing a culture of continuous improvement

  • CORRECTIVE ACTION PLANS We benchmark performance and identify opportunities

  • SPECIAL COMPLIANCE PROGRAM We deliver keen focus on 340B programs, USP 797/800, controlled substance risk, accreditation readiness, and more

  • LEVERAGE OUR YEARS OF EXPERIENCE CPS has delivered over 250 customized sterile compounding consultative assessments for diverse compounding operations

  • RECEIVE A COMPLETE SITE ASSESSMENT using our proprietary audit tool

  • RECEIVE A DETAILED EVALUATION OF STAFF AND SYSTEMS including personnel training and evaluation, an operational review, and more

  • 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.

  • CPS WORKS WITH YOUR THIRD-PARTY ADMINISTRATORS to capture the claims which now meet the standards for inclusion in your 340B program

  • YOUR ORGANIZATIONAL REVENUE INCREMENTALLY IMPROVES FROM THIS PROCESS

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CPS brings such a breadth and depth of support—it allows us to investigate and execute new initiatives to achieve these goals that we might not have been able to on our own.

 

 

 

- Jon Yoder
Vice President, Goshen Physicians
Goshen Health

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