POWR

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