Can Help Your Hospital
Reduce Costs by minimizing the amount of wasted dispensed medication
- Decrease overall medication spend
- Reduce employee overtime caused by unnecessary workload
Improve Employee Satisfaction by eliminating the workload caused by avoidable events
- Provide your medical teams with the right medication in the right place at the right time
- Streamline pharmacy workload by not preparing doses that will be wasted
- Avoid time wasted by the nursing staff looking for and requesting missing medication
Improve Patient Safety by ensuring the right medication is available for the patient when needed
- Decrease risk of adverse events
- Avoid missing a dose or taking an overdue medication off schedule
Improve Patient Satisfaction by staying on track with the patient care plan
- Maintain consistent medication schedules
- Prevent your care teams from having to explain medication delays to their patients
HOW WE FIND YOUR WASTE
POWR Analytical Models
Drug Administration Model
Identify non-administered medications
Waste Cost Model
Quantify financial impact
Cause Attribution Model
Categorize waste as avoidable or not
Waste Intervention Model
Reduce waste with appropriate interventions
HOW WE WORK WITH YOU
Implementation Process
1
Acquire Data
2
Process Data in POWR Analytical Models*
3
Validate and Review Results With Your Team
4
Simulate and Review Interventions*
5
Determine a Plan of Action
6
Implement Solutions
7
Measure Impact and Adjust*
* Indicates steps leveraging IPS’s
proprietary analytic models
HOW WE FIND YOUR WASTE
POWR Analytical Models
Drug Administration Model
Identify non-administered medications
Waste Cost Model
Quantify financial impact
Cause Attribution Model
Categorize waste as avoidable or not
Waste Intervention Model
Reduce waste with appropriate interventions
HOW WE WORK WITH YOU
Implementation Process
1
Acquire Data
2
Process Data in
POWR Analytical Models*
3
Validate and Review
Results With Your Team
4
Simulate and Review Interventions*
5
Determine a Plan of Action
6
Implement Solutions
7
Measure Impact and Adjust*
* Indicates steps leveraging IPS’s proprietary analytic models