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In the past few years, hospital labor costs across the U.S. have increased by $42.5B, accounting for nearly 60% of the average organization’s expenses.¹

As such, financial pressures and challenges recruiting expert leadership have hit rural healthcare organizations like Hillsdale Hospital particularly hard.

When the existing pharmacy leader left the organization, executive leadership knew they could rely on CPS to fill that immediate need. The CPS team brought in a seasoned, interim director who could not only fill that gap, but who could also implement best clinical practices and identify and mitigate risk while onsite.

These results encouraged hospital leadership to continue their existing, long-lasting relationship with CPS:

29.7% reduction in antimicrobial spend over 1 year
$78k+ annual salary savings from operational efficiencies
$544k annual cost avoidance after Telepharmacy services implemented: over 23,000 medications processed and 2,000+ meaningful patient interventions per year

Download the case study to learn how Hillsdale Hospital achieved all these results and more with the support of CPS.

"As the CFO, I’m absolutely concerned about the financials, but we also need to take into consideration the quality, patient satisfaction, and compliance in regard to pharmacy—and I have a 100% comfort level with CPS on that.” -- Mark Gross, CFO & VP, Hillsdale Hospital

^[1] American Hospital Association. 2024 Costs of Caring Report; 2024. Accessed June 18, 2024. https://www.aha.org/costsofcaring

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Hillsdale Hospital: Driving Full-Spectrum Results through Award-Winning Pharmacy Team

CFO Mark Gross shares how dedicated CPS pharmacy leadership helped reduce spending, improve quality & productivity, and more

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

Case Study: How Drew Memorial Slashed Total Drug Spend to <$20 PPD

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