SUMMER 2016 I HEALTH SYSTEM • INFUSION
WAY
WAY
Contents
20Ways MISSION
To educate pharmacy management on
products and services that serve to improve
patient care or improve a pharmacy’s financial
bottom line, while distilling and presenting this
relevant information via 20 product-profiles.
2016 CIRCULATION
Issue Focus: Hospital & Infusion
Issue Frequency: Summer & Winter
Circulation Per Issue: 19,000+
6,500+ Hospital Directors
2,200+ Clinical Consultants
2,500+ Industry Executives
5,000+ College Preceptors
1,800+ College Faculty
1,000+ Trade Show Handouts
Issue Focus: Retail, Specialty, & LTC
Issue Frequency: Spring, Fall, & Winter
Circulation Per Issue: 35,300+
18,000+ Owners (Independents)
3,500+ Long-Term Care Pharmacies
2,500+ Retail Chain Executives
2,500+ Industry Executives
5,000+ College Preceptors
1,800+ College Faculty
2,000+ Trade Show Handouts
QUARTERLY ISSUES
Visit 20Ways ONLINE at
RXinsider.com/20Ways
Community • Specialty • LTC
20 Unique
Products
& Services
Discover 20 products and
services that will help your
pharmacy improve patient care
or increase profitability.
I M P R O V I N G
PATIENT CARE
& P H A R M A C Y
PROFITABILITY
Fall 2015
Community • Specialty • LTC
Trade Show Calendar
page 46
10 Preceptors
Recognized
10 Preceptors Recognized by Eight
Colleges Including UNC, Union, LIU,
UCONN, Husson and More page 32
Fall 2015
Health System • Infusion
Trade Show Calendar
page 50
20 Unique
Products
& Services
Discover 20 products and
services that will help your
pharmacy improve patient
care or contain costs.
7 Preceptors
Recognized
Seven Preceptors Recognized by Seven
Colleges Including Wingate, UCONN,
MCPHS, Campbell and More page 32
Pharmacist Jobs
Pharmacy Job Opportunities page 62
I M P R O V I N G
P A T I E N T C A R E
PHARMACY COST
C O N T A I N M E N T
Summer 2016
Health System • Infusion
Summer 2016
Community • Specialty • LTC
I M P R O V I N G
PATIENT CARE
& P H A R M A C Y
PROFITABILITY
Spring 2016
Community • Specialty • LTC
Trade Show Calendar
page 50
20 Unique
Products
& Services
Discover 20 products and
services that will help your
pharmacy improve patient care
or increase profitability.
8 Preceptors
Recognized
Eight Preceptors Recognized by Seven
Colleges Including Campbell, UNE,
Wingate, UCONN and More page 36
Spring 2016
Health System • Infusion &
Community • Specialty • LTC
Trade Show Calendar
page 44
20 Unique
Products
& Services
Discover 20 products and
services that will help your
pharmacy improve patient care
or increase profitability.
8 Preceptors
Recognized
Eight Preceptors Recognized by Eight
Colleges Including UNE, LIU, MCPHS,
Union University and More page 28
I M P R O V I N G
PATIENT CARE
& P H A R M A C Y
PROFITABILITY
Winter 2015
Community • Specialty • LTC
Trade Show Calendar
page 56
20 Unique
Products
& Services
Discover 20 products and
services that will help your
pharmacy improve patient
care or contain costs.
8 Preceptors
Recognized
Eight Preceptors Recognized by Eight
Colleges Including UNE, LIU, MCPHS,
Union University and More page 46
Pharmacist Jobs
Pharmacy Job Opportunities page 70
I M P R O V I N G
P A T I E N T C A R E
PHARMACY COST
C O N T A I N M E N T
Winter 2015
Health System • Infusion
Winter 2015
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INNOVATION
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Innovation has been a hallmark of IMI
since its introduction of the first Tamper
Evident Cap for I.V. syringes over 30
years ago. Today, IMI is the pharmacist’s
trusted source for sterile devices that help
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compounded sterile preparations.
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page 27
Case Study:
Medication
Reconciliation During
Transitions Of Care:
How to Catch Errors,
Improve Patient
Safety and Reduce
Readmissions
CPS customizes and implements
hospital medication reconciliation
program to drive transitions of
care performance.
MEDICATION RECONCILIATION DURING
TRANSITIONS OF CARE: How to Catch Errors,
Improve Patient Safety and Reduce Readmissions
THE CHALLENGE:
Patients often receive new medications or have changes made to their existing
medications at times of transitions in care—upon hospital admission, transfer from
one unit to another during hospitalization, or discharge from hospital to home or
another facility. Caregivers at these transition points may inadvertently omit needed
medications, unnecessarily duplicate existing therapies, or contain incorrect dosages.
These discrepancies place patients at risk for adverse drug events, which have been
shown to be one of the most common types of adverse events after hospital discharge
and a key driver of hospital readmissions (see Diagram A).1
A leading 498-bed community
hospital (acute care and
rehabilitation) in Edison, New
Jersey, with more than 900
affiliated physicians providing
general and specialized
surgery, neurology, cardiac
care, maternity and pediatric
care, and emergency medicine.
About the JFK
Medical Center:
Medication reconciliation refers to the process of avoiding such inadvertent
inconsistencies across transitions of care by reviewing the patient’s complete medication
regimen at the time of admission, transfer, and discharge and comparing it with the
regimen being considered for the new setting of care.
Hospitals will lose a combined total of $420 million in reimbursements, penalized for failing
to meet readmissions targets set by the Centers for Medicare and Medicaid Services
(CMS). According to CMS, the average readmissions rate was 18.4 percent in 20122.
There’s a reason for the readmission problem. Studies show that patients are often
discharged from the hospital confused and don’t know how to take their prescriptions
properly3, and what’s worse, patients may duplicate, miss or take the wrong prescriptions
that are not in the care plan4.
With maximum CMS penalties set at 3%, the financial consequences of failing to
meet CMS targets for readmissions are very real. Statistics paint a bleak picture of the
challenges confronting hospitals as they work to stem the tide of preventable readmissions:
•
20% of Medicare patients will be readmitted to the hospital within 30 days of
discharge5
•
66% of emergency readmissions for patients over 65 years old are due to
adverse medication events6
•
19% of Medicare discharges are followed by an adverse medical event
within 30 days, and 2/3 of these are preventable7
•
20% of patients do not fill their prescriptions8
All of these dynamics led to the pilot program outlined in this case study, where the
leading community hospital sought to leverage pharmacy resources to build a medication
reconciliation program during transitions of care, from hospital admissions to post-
discharge to the patient’s home. The hospital wanted to manage the high risk and
complex medication regimens, patient specific risk factors, comorbidities and adverse
drug events associated with an increased rate of readmissions.
61%
No Harm
Potential
33%
Moderate
Harm
Potential
6%
Severe
Harm
Potential
Source: Cornish PL, Knowles SR, Marchesano R, et al.
Unintended medication discrepancies at the time of hospital
admission. Arch Intern Med. 2005;165:424-429.
DIAGRAM A
More than half of patients have
> 1 unintended medication
discrepancy at hospital admission
We help hospital pharmacy
leadership increase quality, reduce
readmissions and lower costs
across the continuum of care.
• Founded 45 years ago
and employing over 2,000
pharmacy professionals, CPS
is the nation’s oldest and
largest provider of pharmacy
support services to more than
600 hospitals and healthcare
facilities pharmacies.
• We offer industry leading
analytics and expertise that
help hospital pharmacists
tackle complex problems such
as medication reconciliation,
hyper-inflated drug costs,
standardization, centralized
distribution, retail pharmacies,
compliance, 340B programs,
and much more.
About Comprehensive
Pharmacy Services:
Comprehensive Pharmacy Services customizes and implements hospital medication
reconciliation program to drive transitions of care performance.
page 22-25
Cantrell Drug
Company —
Pharmaceutical
Outsourcing
Specialists
Our experience with cGMP
focused policies and procedures
along with carefully designed
facilities, equipment, training,
and testing provide confidence
to our customers in the quality
of our services.
FDA Registered 503B Human Drug Compounding Outsourcing Facility
Our experience with cGMP-focused policies and procedures along with
carefully designed facilities, equipment, training and testing, provide
confidence to our customers in the quality of our services.
Tracye Easterly
Administration
Lance Lanier, BS Pharmacy
Director Business
Development
Mike Pierce
President
Dell McCarley, Pharm D
Chairman/CEO
Raymond C. Anderson, PhD
VP Quality Assurance &
Regulatory Affairs
Christen Butler
Administration
Chris Hutts, Pharm D
Pharmacist in Charge
Quality • Service • Experience
YOUR TRUSTED SOURCE
877-666-5222
www.cantrelldrug.com
WAY
page 21
page 29
CASE STUDY