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PHarmacist Avoidance or Reductions in Medical Costs in PALLiative Care Inpatient Services: PHARM-PALL
1Department of Pharmacy, Providence St. Peter Hospital, Olympia, Washington, USA.
An inpatient palliative care (PC) pharmacist generated over $1.3 million in cost avoidance through clinical interventions. This demonstrates significant financial benefits from PC pharmacist services, impacting healthcare spending.
Area of Science:
- Pharmacoeconomics
- Palliative Care
- Health Services Research
Background:
- Inpatient palliative care (PC) pharmacists improve clinical and team outcomes.
- Financial outcome data for PC pharmacists remain limited.
Purpose of the Study:
- Quantify cost avoidance (CA) from a full-time inpatient PC pharmacist.
- Assess financial impact based on clinical interventions.
Main Methods:
- Retrospective review of PC pharmacist interventions.
- Data collected from two community hospitals (January-June 2024).
Main Results:
- 1015 interventions performed, 698 accepted.
- Total CA: $1,336,717; Annualized CA: $2.68 million.
- High CA-to-salary ratio (21:1).
Conclusions:
- PC pharmacists significantly reduce healthcare costs.
- Key areas include deprescribing and identifying untreated indications.
- PC pharmacist expertise drives therapeutic recommendations and cost savings.
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