Pharmacy Formulary Review

Consulting Services | Clinical Operations | Pharmacy Formulary Review

Because It’s All About Striking a Healthy Balance.

You want to control your pharmacy’s costs, while improving its outcomes, but you don’t have the time or resources to analyze your data to develop practical solutions.

Here’s how QHR can help.

A formulary focused on safety and cost.

QHR can help you improve both. Through therapeutic interchanges, generic substitutions, and reductions in the use of problematic drugs, we sharpen your team’s focus on what’s best for the hospital and best for the patient. And our experts engage your Pharmacy and Therapeutics Committee to continue the process on an ongoing basis.

This review occurs at our consultant’s desk, sparing your pharmacy team any disruption in productivity. You simply provide the data we need. And we deliver the insight you need to streamline your formulary and improve the efficiency and effectiveness of your drug utilization. Most hospitals net a return of 50% on this consulting investment.

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QHR’s experienced pharmacist-consultant sorts your drug purchases by:

  • Therapeutic class
  • Descending net dollars
  • Generic classification
  • Contract vs. non contract

Analyzing your data alongside relevant clinical studies, QHR’s consultants employ specialized knowledge to develop customized recommendations and a detailed action plan that helps you:

  • Focus on the therapeutic categories that offer the best opportunities to control costs and improve outcomes
  • Lower costs by using therapeutic interchanges: effective alternatives to costly practices
  • Reduce expenses by choosing generic equivalents when possible
  • Eliminate overuse of problematic drugs to avoid resistance and poor outcomes
  • Improve formulary control with a more proactive Pharmacy and Therapeutics Committee

A common goal.

QHR can help you unify your team around the goal of raising outcomes while lowering expenses.