Pharmacists Document More Than $100 Million in Cost Savings with Quantifi
Quantifi users documented more than 2 million interventions in fourth quarter 2008

BELLEVUE, WA, January 15, 2009 /24-7PressRelease/ -- Pharmacy OneSource, Inc., software as a service provider to more than 1,200 hospitals in the United States, announced today that its Quantifi clinical documentation program continues to be successful in helping clients show cost savings, establish benchmarks and trend clinical and quality pharmacy activities. Pharmacy OneSource has 32,314 users currently documenting in Quantifi who have recorded more than $112 million in cost savings in the fourth quarter of 2008.

"Right now we're just short of $3 million in cost avoidance savings. I don't think anyone could argue that the program hasn't been successful for us," said Alex Melchert, Director of Pharmacy at New York Hospital Queens.

Quantifi users documented 2,055,230 interventions last quarter, which were associated with $11,844,680 actual dollar and $100,178,396 in risk avoidance savings by pharmacists through intervention. Real reduction in supply costs (such as a switch from atorvastatin to simvistatin) is an example of actual dollar savings; where avoided potential costs (an adverse drug event or an extended length of stay) represent risk avoidance savings.

Here are the Top Five Drugs associated with an intervention recorded in Quantifi last quarter, and the total number of reports for each:

Vancomycin 64855
Warfarin 41225
Enoxaparin 34062
Levofloxacin 23130
Piperacillin and Tazobactam Sodium 14706

With more than 800 hospitals across the world using Quantifi, and more than 20 million clinical interventions, adverse events and adverse drug reactions documented, Pharmacy OneSource understands the potential to increase the credibility of pharmacy numbers in the eyes of the hospital administrators.

"The data documented in Quantifi has not only helped us defend our current clinical pharmacist positions, but also justified two additional clinical positions," said Mark Mills, Clinical Manager at St. John Medical Center in Tulsa.

Quantifi allows pharmacists to document their clinical interventions, adverse events and drug reactions quickly over the internet or on a handheld computer through a series of menus, drop-lists, and input screens, collecting crucial event data easily. In addition, Quantifi users have the ability to follow-up on their reports or the reports done by their peers. Quantifi administrators easily generate executive level reports and detailed managerial reports to support clinical and quality improvement activities.

To get a free report, Pharmacy Clinical Interventions Update, with the top drugs associated with interventions, adverse drug events and medication errors, please submit your contact info at: http://vovici.com/wsb.dll/s/ed15g2aaea

Press Release Contact Information:

Keith Streckenbach
Pharmacy OneSource, Inc.
Chief Strategy Officer
3535 Factoria Blvd SE #440
Bellevue, Washington
USA 98006
Voice: 1-800-654-8395
Fax: 425-452-5649
Website: Visit Our Website