The success of this hospital’s UTI reduction bundle leads to a state-wide adoption.

In September, BD had the opportunity to host nine compounding experts from many organizations in the inaugural Medication Management Solutions (MMS) Compounding Expert Committee (CEC). The meeting occurred at our Lakewood, Colorado office and was headlined with a keynote address by Med Safety Board (MSB) President Rita K. Jew, PharmD, MBA, BCPPS, FASHP, focusing on medication safety, technology implementation best practices, and compounding practice trends.

Medication costs account for the bulk of a health-system pharmacy’s annual budget while drug costs continue to rise. Containing drug cost involves managing purchases and analyzing drug-use patterns. Being able to identify your average usages and knowing the expiration dates on your inventory in all storage locations can allow pharmacy systems to be more agile with medication inventory, ultimately leading to reducing medication waste caused by expired drugs.

Utilize smart solutions for inventory optimization to reduce costs, improve medication availability and streamline workflows.