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With FormChecker, pharmacists can effortlessly update formularies, guidelines, alerts and other pharmacy-related information, with changes instantly available over the Internet, in print and on PDAs.
FormChecker Benefits
Compliance
FormChecker ensures compliance with a number of JCAHO medication management guidelines. Use FormChecker to demonstrate compliance with these JCAHO requirements, including the ability to:
- Select, list and procure medications based on criteria
- Establish processes to address medication shortages
- Identify drug alerts, such as recalls and warnings
- Identify look-alike and sound-alike drug names
- Define standard drug order elements
Drug Cost Savings
According to the General Accounting Office of the U.S. Government, drug cost savings of 9% to 22% can be achieved through preferred drug list management, therapeutic interchange, and generic substitution policies. This translates to potential savings of $375,000 to $900,000 per hospital. FormChecker is an economical, easy-to-use component of a hospital’s overall cost savings strategy.
Staff Time Savings
It is estimated that use of a formulary management tool can save $15,000 to $20,000 per year in pharmacy staff costs. This estimate is based on a University of Michigan study that tracked 1,750 formulary conversions over a three month period in three hospitals. The study found that the average time spent per conversion reached 15 minutes. By providing relevant, accessible formulary information at the point of care, FormChecker can dramatically affect the costs associated with converting non-formulary requests, explaining drug policies, and other tasks.
Budget Savings
Rising drug costs. Increasing regulatory pressures. Shrinking budgets. In today’s challenging environment, effective formulary management and pharmacy communications have become important components of pharmacy practice. The FormChecker system enables hospitals and clinics to reduce drug costs, save on current IT expenses, and reduce/eliminate printing costs.
FormChecker Features
Easy Setup and Ongoing Support
- Create formulary from your data (NDCs)
- Create formulary from your print copies
- Setup by our licensed pharmacists
- We upload your guidelines and your alerts
- We customize for your facility
- Unlimited customer support
Administration
- Create and manage multiple formularies
- Create and manage compounded items
- Create new routes, strengths and forms
- Create guidelines, policies, and alerts
- Upload relative or actual cost information
- Integrate with drug information providers
- Select health plan formularies to display
- Create P&T newsletters
- Maintain pharmacy and staff information
Web Use
- Available on Internet and Intranet
- Access facility and health plan formularies
- Access integrated drug information
- Search by drug name and therapeutic class
- View formulary status notes, guidelines and alerts
- View relative or actual cost information
- View black box warnings and industry shortages
- Print hard copies of formulary
Handheld Use
- Available on Palm and Pocket PC devices
- Access facility and health plan formularies
- Search by drug name and therapeutic class
- View formulary status, notes, guidelines and alerts
- View relative or actual cost information
Ensure current pharmacy guidelines are followed, reduce time spent on management of formulary conversions, and easily meet JCAHO compliance with FormChecker. To learn more about FormChecker, and for a free demonstration, please contact us at 1-800-375-0943 or 813-258-4747, or email sales@goldstandard.com.
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