Pharmacy

How are rising pharmaceutical costs affecting your system? How much is your pharmacy contributing to your hospital’s bottom line? How much is it costing? How safe is your medication delivery?

Every healthcare executive should ask themselves these burning platform questions. Due to rising pharmaceutical costs, quality and safety imperatives, regulatory scrutiny on medication management, 340B compliance challenges, and reduced reimbursement rates, healthcare leaders need to take an ever closer look at their own pharmacy operations. That’s where Novia Strategies can help.

Service Offerings

Pharmacy Efficiency

Ensure an efficient, cost-effective corporate pharmacy by improving processes and renewing your commitment to quality.

Medication Quality and Safety

Ensure your medication delivery practices comply with the most recent regulations and deliver the highest quality of patient care.

340B Program

Implement, extend and optimize your hospital’s participation in the 340B Program.

Client Benefits

Novia’s pharmacy consulting solutions enable clients to reduce the cost of care while simultaneously improving the quality and efficiency.

Increasing financial pressure requires providers to scrutinize every aspect of care. Using evidence-based pharmaceutical use guidelines, we improve contract and pricing, pharmaceutical charge capture, pricing, charge master and denials. With Novia’s Pharmacy consulting services, healthcare executives and corporate pharmacy directors are able to ensure the efficiency, quality and profitability of this critical component of fiscal health.

Our Approach

More than 21 years ago, Novia pioneered the creation of a clear approach for care management initiatives under capitation. Today we continue to work with hospitals and healthcare systems to transform their care delivery across the continuum.

Every client project is overseen by a clinician and every project team comprises a project director responsible for ongoing client communication and subject-matter experts with immense knowledge as well as established healthcare consulting experience. We begin each project with an assessment phase to identify opportunities to improve costs and efficiencies. We then vet each opportunity with you and together we prioritize the opportunities and determine the project plan to achieve the results. Once agreed, we move into implementation phase.

All along, we remain focused on our core tenets:

  1. We do good client work… every time
  2. We assemble strong teams
  3. We motivate our people for exceptional performance
  4. We operate our business in a manner that ensures your future and ours

Ready to Talk?

Contact Dr. Scott Drugan today to discuss how Novia Strategies’ Pharmacy consulting solutions can help your organization succeed.

Scott Drugan

Scott Drugan

Vice President, Pharmacy Practice Lead

Email | 866-747-4200 | LinkedIn | Bio