Efforts to improve departments across the IDN often focus on cost reduction. While true that the pharmacy department is one of the hospital’s significant cost centers, it can also be a major producer of revenue. What are ways to identify opportunities for increased revenue? What processes can be implemented to offset costs? What regulatory or compliance challenges may you encounter? This session discussion will cover ways to utilize previously untapped revenue sources and discover ways to pursue new opportunities that that you may not have known existed.

Learning Objectives:

1. Identify revenue opportunities for your pharmacy department.
2. Outline costs associated with changes and ways to offset.
3. Evaluate regulatory and compliance concerns that may impact your strategy.

Session Material:

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