Business Performance and Strategy
We help clients optimize pharmacy business performance to achieve measurable value, via a wide array of offerings:
Payer Strategy/Revenue Optimization
- Evaluate and improve infusion therapy business performance
- Develop site of care optimization strategy across the enterprise
- Design strategy to counter payer “carve out” and white bagging mandates
- Develop and implement biosimilar strategies
- Evaluate and improve medication revenue integrity systems
Efficiency and Centralization of Services
- Evaluate pharmacy programs and services across the system that could benefit from centralization
- Design a customized and efficient pharmacy Consolidated Pharmacy Services Center (CPSC) model, including development of a business case and financial proforma to obtain capital budget approval
- Support the effective design and operational workflows for a new CPSC
- Evaluate infrastructure and provide physical space designs to assure the most efficient use of existing and future facilities (inpatient, retail, specialty, CPSCs)
- Assistance with streamlining operations to achieve economies of scale and decrease health system costs
- Provide strategic planning and implementation support for enterprise-wide technology systems
- Assist with workload and productivity analysis, and design ongoing workload monitoring systems
Drug Cost Savings
- Develop and support implementation of high-cost medication management strategy
- Design strategies to achieve pharmacy supply chain program optimization
- Evaluate and implement opportunities for strategic sourcing, procurement and improved drug distribution efficiency
- Develop strategies to improve drug wholesaler and GPO contract performance
- Identify non-340B medication contract performance opportunities
- Review and design a more efficient and effective clinical pharmacy practice model
- Optimize formulary management performance
- Support the effective design and implementation of stewardship programs (antimicrobials, anticoagulation, and opioids)
Overall Pharmacy Program Effectiveness and Alignment
- Perform a comprehensive pharmacy program review with detailed and prioritized recommendations for improvement
- Assist with pharmacy executive recruitment and placement
- Evaluate and enhance drug diversion prevention programs
- Assess and provide recommendations for pharmacy department structure and resource alignment
- Provide leadership team development and coaching
- Guide and oversee the process of developing a contemporary pharmacy strategic plan
To learn more about our services, including our traditional and performance-based pricing models, please contact us at info@nexysrx.com