MANAGE PHARMACY CONTRACTS: MedAssets Pharmacy Contracts Portfolio

Pharmacy Contracts Portfolio

Reduce the cost and complexity of managing pharmacy contracts with an integrated solution for housing all pharmacy contracts regardless of source.

Operates like other MedAssets portfolio programs to manage purchasing costs
Offers multiple, competing, performance-based programs in a variety of therapeutic classes
Delivers best-tier pricing based on performance
Enhances productivity related to pharmacy contract management
Uses a CDQuick® to enable a comprehensive analysis and audit of pharmacy spending
Benefits from continuous input by Pharmacy Advisory Committee members

Improve your
Operating Margins

MedAssets improves
and sustains
operating margins
by 1.5% to 5%.

Hawai'i Pacific Health

$2 million in supply chain savings achieved each year

Employed data analytics to guide improvements in overall supply chain performance
Implemented Strategic Information to identify and drive standardization and savings opportunities
Contracts for heart valves were renegotiated; highly variable orthopedics product usage was leaned

Supported by MedAssets and several years of work, Hawai’i Pacific Health has changed the supply management mindset across the organization