Unlocking your pharmacy’s value: Overcoming financial and manufacturer pressures
Health systems face mounting pressures across the board
Health systems—especially regional ones—are under immense pressure. They struggle with staffing shortages, manufacturer restrictions on 340B, and the complexities of operating their own pharmacies.
As patients become more informed consumers, their expectations for medication access, cost transparency, and overall care continue to rise. To meet these demands, health systems must develop a sophisticated, strategic approach that enhances both clinical outcomes and financial sustainability.
Pharmacy expansion: A growing but uncertain landscape
A recent Maxor survey revealed that while 62% of hospitals and health systems plan to expand pharmacy services, only 29% feel very confident in their ability to meet rising demand. This gap highlights the need for better data, technology, and strategy.
Leveraging data and analytics for better outcomes
Data and analytics play a crucial role in maximizing pharmacy performance. However, raw data alone isn’t enough; it must be transformed into actionable insights.
With sophisticated analytics, health systems can:
- Assess drug spend and patient health trends to make informed decisions.
- Identify gaps in prescription capture rates and pinpoint unfilled prescriptions.
- Evaluate which contract pharmacies in the 340B network are delivering value.
Without clear visibility into these areas, progress is difficult to measure, and opportunities for improvement may be missed.
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Further reading
- Realizing the Value of Pharmacy with an Integrated Pharmacy Strategy
- A look forward: Outlook and insights for health systems in 2025
Learn more
Curious how Maxor can help you improve the value of your pharmacy? Contact us by filling out the form below.
