The use of pharmacy personnel to positively impact hospital finances.
Cutting the pharmacy budget is a tool widely used by hospital administrators as an effective way to contain their institutional costs. The authors of this article utilized data published by the Lilly Hospital Pharmacy Surveys to support their contention that drug costs, more than personnel costs, are responsible for the increased expenditures attributed to this department. The application of pharmacists' knowledge to improve the rational use of drugs is advocated for better overall cost-containment and better patient care.
D002017:Budgets; D003365:Costs and Cost Analysis; D005376:Financial Management; D005572:Formularies, Hospital as Topic / Q000191:economics; D010564:Personnel, Hospital / Q000191:economics; D010607:Pharmacy Service, Hospital / Q000191:economics*; D014481:United States