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Related Experiment Videos

PharmaTrend as a management tool: introduction.

A L Wilson1

  • 1Department of Pharmacy Services, University Hospital, St. Louis University Medical Center, MO 63110-0250.

American Journal of Hospital Pharmacy
|October 1, 1989
PubMed
Summary
This summary is machine-generated.

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PharmaTrend, a management system, tracks hospital pharmacy workload and productivity. It displays trends in revenue, costs, and services, aiding in workload standard development.

Area of Science:

  • Health Informatics
  • Hospital Pharmacy Management
  • Health Services Research

Background:

  • Hospital pharmacy departments face challenges in accurately documenting workload and productivity.
  • Existing systems may not provide comprehensive insights into operational efficiency and financial performance.

Purpose of the Study:

  • To describe the utilization of the PharmaTrend computerized management information system for documenting workload and productivity in hospital pharmacy settings.
  • To highlight PharmaTrend's capability in providing key performance indicators and trend analysis for pharmacy management.

Main Methods:

  • Utilized the PharmaTrend system to collect and analyze data on revenue, cost, drug distribution, clinical services, research, education, and management support.
  • Extracted and analyzed key indicators such as cost per admission, drug cost per work unit, and staff hour comparisons.

Related Experiment Videos

  • Facilitated data sharing for national benchmarking through the PharmaTrend national report.

    • Main Results:

    • PharmaTrend provides a range of indicators, including financial metrics and operational efficiency measures.
    • The system's primary value lies in its ability to display trends rather than just static values.
    • Benchmarking data allows comparison with peer institutions across different sizes and geographic regions.

    Conclusions:

    • PharmaTrend is a valuable tool for hospital pharmacy management, offering insights into productivity and cost-effectiveness.
    • The system supports the development of accurate and meaningful workload standards for pharmacy practice.
    • Trend analysis and benchmarking capabilities enhance strategic decision-making in hospital pharmacy operations.