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From accessing limited distribution drugs (LDDs) and payor networks to implementing accreditation and credentialing requirements, many hospitals do not have the expertise in house to accelerate a health-system specialty pharmacy (HSSP).
That’s why Memorial Healthcare sought out an HSSP expert.
“We knew right when we first met that CPS team that they were a true partner, not a vendor, who shared our values—that was incredibly important for us,” says Tom Kurtz, PhD, COO of Memorial Healthcare Owosso.
Together, CPS helped accelerate the HSSP's results with exponential growth in the first few years, continuing that strong trajectory well into the future:
- 5x Specialty Rx Capture Growth, Y1
- 100% Revenue Growth, Y3-Y4
- 43% Revenue Growth, Y4-Y5
Watch the video below to hear a sneak peek from Tom as to how CPS helped the health system achieve its primary objectives.
Read the full case study to get the story behind these results—and more.
Fill out the form below to download the full case study with year-by-year results.
Case Study: 5x Specialty Rx Capture Rate in 1 Year
How Memorial Healthcare Owosso accelerated HSSP growth with the right support
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