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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The True Cost of In-House Packaging [Infographic]

In-house packaging often seems like a convenient options but it likely comes with a hefty price. We tend to forget about a lot of the underlying expenses — like equipment and labor. Our infographic below provides a great example of what the true cost of in-house packaging really looks like.

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