Principle provides tools and services for hospital pharmacy management

Hospital Pharmacy Management

Our right services, right time approach helps hospital pharmacies focus on their core competencies while trusting Principle Pharmacy Group to manage some its most important business functions transparently. We provide hospitals with access to onsite and remote support services designed to optimize and maintain clinical, operational and financial excellence.

By outsourcing non-core business functions, hospital pharmacies leverage the clinical and business expertise of a corporate resource pool of over 200 clinical pharmacists and business experts. This expertise reduces the time-to-completion while ensuring optimal outcomes for a pharmacy’s most critical business functions and projects.

» Pharmacy Management Leadership

Services include:

Recruiting interim and full-time management and staff level pharmacy personnel
We are able to quickly respond with highly qualified interim placements that ensure minimal disruption during permanent searches. With an extensive in-house recruiting team and over 200 pharmacists on staff, we can manage most any assignment.

Pharmaceutical cost containment
With over $30 million annual drug purchases under management, we use an organization’s purchase order history, GPO and wholesaler data to identify actionable opportunities around inventory and buying group compliance. Our Drug Spend Analysis tool, RxExpend™, highlights specific savings opportunities using high-level dashboards with drill-down capabilities.

Automation development, integration and support
With emerging technologies and dispensing automation, integration, adoption and optimization is critical to any hospitals success. We ensure that systems are properly integrated and adopted by staff so that optimal ROI can be achieved.

Patient safety and regulatory compliance
Due to ongoing changes to JC accreditation and regulatory compliance, acute care hospitals must continuously evaluate current practices and control clinical processes in order to maintain a high level of compliance. We have established programs and mock surveys that ensure hospitals are best prepared for audits.

Whether analytical expertise to contain pharmacy costs, product and charge master maintenance to optimize reimbursement, ongoing staff development and clinical training or an information specialist to support pharmacy systems, we can fill some of your most critical gaps at a fraction of the expense of a full-time or even part-time pharmacist. Call today to learn more about our consultative services and online subscription based services that can be customized based on your unique needs.

What Makes Principle Pharmacy Group Different?
Review our Key Differences for hospital pharmacy management which set us apart from
our competitors.