/24-7PressRelease/ - Bellevue, WA, July 11, 2008 -- Pharmacy OneSource, Inc., software as a service provider to more than 1,000 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 29,118 users currently documenting in Quantifi who have recorded more than $88 million in cost savings in the second quarter of 2008.
"Since going live in July 2006 with Quantifi, pharmacy has multiplied its clinical event reporting by 20-fold across seven of our hospitals. Between March and June last year, MedStar pharmacists documented almost 16,000 patient-specific events, for a savings of $800,000, according to literature-based estimates." said Bonnie Levin, Corporate Assistant Vice President of Pharmacy Services for MedStar Health.
Quantifi users documented 1,680,086 interventions last quarter, which were associated with $8,139,570 actual dollar and $80,075,648 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 adverse drug reaction recorded in Quantifi last quarter, and the total number of reports for each:
Warfarin 1620
Morphine Sulfate 480
Insulin Preparations 438
Hydromorphone 339
Vancomycin 281
With more than 700 hospitals across the world using Quantifi, and more than 16 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.
"All of our end users have found Quantifi very easy to use. It is very much an improvement over our previous intervention documentation tool," said Bill Malloy, Clinical Pharmacy Coordinator for Community Health Network.
Quantifi allows pharmacists to document their clinical interventions, adverse events and adverse 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
About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare's #1 Software-as-a-Service (SaaS) provider. Our more than 50 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,200 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and UnitStock.
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