Great Investment / High Tech/Innovative Pharmacy Co

HIGH TECH/INNOVATIVE PHARMACY CONSULTING BUSINESS
This healthcare business has developed a portfolio of clinical pharmacy programs designed to provide the tools needed to ensure improved patient outcomes. This company has led the way for more than 30 years, in developing its clinical pharmacy programs with its innovative technology, using pharmacy data to improve patient care. This portfolio of programs has served to address many of the inefficiencies in the current healthcare system.
As recently as the past decade, electronic health records (EHR's) have been regarded as the primary means to increasing the quality of patient care and dealing with the inefficiencies in the healthcare system. Today, many providers are using EHR data from patient records as a part of their overall clinical programs to improve the quality of care as well as outcomes. By combining the multiple types of clinical data from the EHR system records, providers can more efficiently identify and target patients with the greatest need or who use the greatest number of resources. EHR can likewise improve the quality of care by providing data and analytics that can help reduce hospital stay or even prevent hospitalizations all together among high-risk patients.
An electronic health record (EHR) or EMR (electronic medical record) represents a systematic collection of patient data that is compiled and stored electronically in a digital format. As a result, this health related information can be easily shared amongst providers, patients and across the healthcare system. The typical EHR dataset will include patient demographics such age, weight, height, etc., past and present medical history, medications, allergies, immunization status, laboratory test results, radiology images, vital signs and billing information.
However, most lack many of the clinical applications for evaluating the medications being prescribed and do not include the clinical pharmacy data developed by this company. The typical EMR might include a medication error product or a pharmacokinetics application. None incorporate the array of apps used in this company’s portfolio and all lack the analytics and customization provided by this healthcare business. EHR represents a huge opportunity to reduce costs and improve overall care. As a result, enhancing these EHR platforms with this company’s programs provides a means to make a significant impact on the overall cost of healthcare while improving the level of care itself.
This company’s portfolio of clinical pharmacy programs serves as a means to enhance the capability of the EHR platform and address this need. Hospitals have been using the business’ applications for more than two decades, providing clinical support and data analytics recognized by the Joint Commission for accrediting hospitals. The company’s newest application is a formulary management product which allows users to quantitatively compare and contrast medications regarding their indications, side effect profile, contraindications, direct and indirect costs, and even outcomes. This one-of-a-kind program allows users to filter out variables that do not significantly affect a given patient population while emphasizing those parameters that are clinically relevant?