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West Tennessee Healthcare (WTH) is a public, not-for-profit health system that serves a wide rural area, which is no easy feat. A few years ago, leadership identified specialty pharmacy as an ideal solution to help them provide that much needed care in a financially sustainable way.
According to Jeff Blankenship, CFO for WTH, “it was one of those rare initiatives where we could improve patient care and satisfaction while also providing financial resources to the health system that can support all our other critical services.”
They turned to CPS Solutions, LLC (CPS)—an industry-leading service provider to 800+ hospitals nationwide—for help. From accreditation and staffing to operational management and technology, CPS worked with WTH to quickly expedite the launch and growth of the health system’s own specialty program.
Read the full case study to hear more from the CFO and DOP about their partnership, success, and more.
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Case Study: West Tennessee Healthcare Improves Rural Patient Care with Specialty Pharmacy
How a health system accelerated the launch and growth of a successful specialty program
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