Significant Cost savings with Safecor

Safecor Health’s repackaging services help hospitals and health systems capture significant savings – without incremental packaging costs to the hospital. In fact, the average annual cost savings opportunity ranges from $200 to $700 per patient bed.

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Increasing Operational Efficiency and Drug Cost Savings

How Beverly Hospital discovered an annual cost savings opportunity of more than $200,000.

Beverly Hospital, a small community health system with three hospitals and 340 beds, discovered a new strategy for reducing drug purchasing costs and increasing operational efficiency by collaborating with Yankee Alliance, a regional group purchasing organization (GPO), and Safecor Health, an FDA-registered unit-dose repackaging vendor.

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Three Hidden Savings of Outsourced Repackaging

For many hospitals, in-house repackaging often seems like the most cost-effective way to package drugs into unit-dose. Unfortunately, with limited resources, hospital pharmacies don’t always have the time needed to focus on packaging. To offset staff time spent on packaging, many pharmacies purchase whatever is available in commercial unit-dose. Unfortunately, many of those unit-dose purchases have a significant cost premium versus bulk bottles.

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