Pharmacists as fiscal auditors save hospital millions of dollars.
Pharmacist expertise in medical terminology and knowledge of medical procedures performed in a teaching community hospital plus the ability to communicate well and arbitrate helps a fiscal department of a hospital to ward off third-party challenges of hospital billings, thus creating loss avoidance, reduction of accounts receivable by over $5,000,000, and increased hospital revenue of approximately 2%.
D000066:Accounting; D000067:Accounts Payable and Receivable; D005375:Financial Audit; D006746:Hospital Bed Capacity, 500 and over; D007182:Income; D010414:Pennsylvania; D010595:Pharmacists; D010607:Pharmacy Service, Hospital / Q000191:economics*