Amerinet Decision Rx Service Helps OSF Healthcare Reduce Costs and Strategically Analyze Pharmacy Supply Chain

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Value-added resource streamlines workflow, monitors compliance, addresses drug shortage issues and helps improve quality and financial outcomes

Amerinet Inc., a leading national healthcare solutions organization, recently collaborated with OSF Healthcare System to help identify contract savings opportunities and discover the impact of drug shortages on their pharmaceutical purchase budget, as well as patient care, through the use of Amerinet Decision Rx, a suite of sophisticated web-based tools that provide accurate data reporting for each stage of the pharmacy supply chain.

“We were seeking a comprehensive contract management solution for pharmacy purchasing,” said Rhonda Georgieff, contract administrator, pharmacy services, OSF Healthcare System. “Amerinet Decision Rx provides tailor-made monthly reports that help analyze pharmacy spend, shortages/supply needs and organizational contract participation. The reports also identified immediate and ongoing savings opportunities of several hundred thousand dollars throughout OSF. The Contract Opportunity Reports (COR) made it very easy for OSF to spot where the opportunities are and order the preferred contract item to maximize our savings. As a result, OSF has saved upwards of $268,000. These savings would not be possible without Amerinet Decision Rx.”

From up-to-the-minute pricing and purchasing audits, to optimization of margins and opportunity identification, Amerinet Decision Rx provides customized reports that meet the unique needs of Amerinet pharmacy members in an intuitive format that is easy to analyze and read.

At the heart of Amerinet Decision Rx savings discovery is the COR, an exclusive tool that itemizes each drug ordered by price and the potential savings available if the member were to purchase the equivalent contracted item. The data is accurate, up-to-the-minute and completely unbiased, leading to the greatest possible savings and efficiency.

Amerinet Decision Rx tools also assist in discovering the impact of drug shortages on pharmaceutical purchase budget, as well as patient care,” said Mike Vorbach, Amerinet pharmacy specialist. “Providers are not always able to easily determine whether a drug shortage is occurring at the level of manufacturers or wholesalers. By identifying and tracking trends in the supply chain, we can help address issues before they reach that critical point.”

Headquartered in Peoria, Ill., OSF® Healthcare consists of seven hospitals and medical centers, a long-term care facility and two nursing colleges. OSF is also affiliated with a network of more than 650 primary and specialty care physicians in over 90 locations, as well as related businesses such as the OSF Home Care Services and Healthcare Foundation.

Read the full success story.

About Amerinet
As a leading national healthcare solutions organization, Amerinet collaborates with acute and non-acute care providers to create and deliver unique solutions through performance improvement resources, guidance and ongoing support. With better product standardization and utilization, new financial tools beyond contracting and alliances that help lower costs, raise revenue and champion quality, Amerinet enriches healthcare delivery for its members and the communities they serve. To learn more about how Amerinet can help you successfully navigate the future of healthcare reform, visit http://www.amerinet-gpo.com.

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Evan Danis
Amerinet
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