The Omnicell Blog
The pharmacy world is changing fast. The emergence of pharmacy intelligence, predictive analytics, and increasing demand for a complete end-to-end solution means healthcare leaders must innovate to meet both new medication management challenges (COVID-19) and old (diversion, patient safety, and rising costs).
The Omnicell Blog is the leading source for pharmacy information on emerging trends, successful best practices, and ideas and insights to help pharmacies digitally transform to lower cost and improve patient safety.
Federal 340B Drug Pricing Program – An Industry Update and Mitigation Strategies Relative to Recent Challenges
The 340B Drug Pricing Program has helped non-profit healthcare providers provide for their communities for 30 years. Recent reimbursement reductions and a slew of harmful pharmaceutical company activities have made things more difficult for eligible organizations to figure out how to navigate these new program complications best.
A 340B Pricing Success Story and Recommendations for Improvement
In April 2019, the Health Resources and Services Administration (HRSA) published 340B ceiling prices on its website and finalized rules to impose civil monetary fines on pharmaceutical companies who knowingly overcharge 340B providers. This is an excellent time to reflect on the program's success and make recommendations to improve pricing oversight.
Reverse Your Reliance on 503Bs for Compounded Sterile Products
Discover how the University of Maryland Medical Center reversed its reliance on 503B contractors by investing in an IV robotics insourcing project that provides compounded sterile products (CSPs). The result is a more efficient operation with enhanced safety and significant cost savings.
American Nurses Foundation, Pulse on the Nation's Nurses COVID-19 Survey Series: COVID-19 Impact Assessment Survey – The Second Year
The American Nurses Foundation recently released the Pulse on the Nation's Nurses COVID-19 Survey Series: COVID-19 Impact Assessment Survey – The Second Year. It found that 23 percent of those nurses surveyed planned to quit their jobs in six months. See how technology can help alleviate the burden of this developing trend in the latest Omnicell Blog.
17 Different Contract Pharmacy Policies and Counting
In the past 18 months, the 340B drug contract pharmacy program has seemingly fractured into 17 programs, one governed by the federal government and 16 others with their own standards determined by pharmaceutical manufacturers. Find out some suggestions on some possible legislative solutions.
Omnicell Unveils Groundbreaking Robotic Compounding Technology in Winter 2022 Release
Omnicell heard the market concerns and completely reimagined the future of IV robotic compounding. We're thrilled to introduce the all-new IVX Station, designed to support smarter, safer, more efficient sterile compounding operations.
Get ready for the big reveal at Omnicell Illuminate LIVE
Don't miss out on the debut of innovative new technologies and enhanced solutions that are transforming medication management. Join us on Tuesday, March 29, for Omnicell Illuminate LIVE to see how an intelligent infrastructure of automation, analytics, and expert services can improve healthcare outcomes and value for pharmacies.
Transforming Drug Diversion Through Technology and Data
Allina Health and TidalHealth developed robust diversion monitoring programs to minimize organizational risk and improve medication inventory management. Intelligent software analytics are helping these health systems to focus on proactive mitigation, reactive mitigation, and education.
Time for a Full Court Press on Legislation to Solve 340B Contract Pharmacy Impasse
With the recent decision in AstraZeneca's lawsuit against the federal government on the legality of the 340B contract pharmacy program, we have reached an inflection point. Now that the federal district courts have weighed in, it is time to reflect on their decisions and to chart a path forward.
Optimizing Pharmacy Talent and Technology at Owensboro Health
Persistent labor shortages are forcing health system pharmacy executives to reconsider their operational and clinical choices. Learn how Owensboro Health's innovative leaders are overcoming labor problems, elevating clinical programs, and optimizing medication management procedures with automation and software controlled by on-site resident experts.
The views and opinions expressed in this blog are those of the authors and do not necessarily reflect the official policy or position of any other agency, organization, employer or company. Assumptions made in the analysis are not reflective of the position of any entity other than the author(s). These views are always subject to change, revision, and rethinking at any time and may not be held in perpetuity.