Sets trend for hospital pharmacy management in post-health care reform era
Lansing, MI – January 28, 2014: Sparrow Health System, the largest hospital system in
Mid Michigan, a Magnet Hospital, and recipient of the Michigan Quality Council 2012
Quality Leadership Award, has partnered with Comprehensive Pharmacy Services
(CPS), the nation’s largest pharmacy services provider, to manage and integrate its
system pharmacies. It represents a growing trend as hospital systems step up their
response to healthcare reform by focusing on highly specialized areas such as
pharmacy services to achieve sustainable clinical quality, operational and financial goals.
'At Sparrow, we focus on safety, quality, satisfaction and value for our patients by
building care around each patient,' said Thomas Ostrander, VP of Professional Services
for Sparrow Health System. 'With the challenges facing all delivery systems in this
rapidly changing healthcare industry, we knew we needed a new integrated approach to
pharmacy operations in alignment with our patient-centered, evidence-based clinical
practices, so we turned to Comprehensive Pharmacy Services as a strategic partner.'
The choice of CPS was based on its more than forty years experience, best-practice
methodologies and proprietary data analysis tools delivering superior clinical, operational
and cost reduction results. Most importantly, Sparrow and CPS teams are aligned in
their vision for integrated medication management services across the continuum of care.
'The CPS team coordinates medication management solutions for hospitals across all
patient touch points and ensures that the huge expense of medication is kept under
control while focusing first on safety and quality,' said Don Nickleson, CEO of CPS. 'We
are honored by the trust Sparrow has placed in us to deliver centralized pharmacy
management, which we back with our unique ‘at-risk’ financial model that includes
achieving quality improvement and cost reduction goals, providing Sparrow with upside
potential and downside protection.'
About Comprehensive Pharmacy Services:
Employing over 1,800 pharmacy professionals, CPS is the nation’s largest provider of
pharmacy services to more than 400 hospitals and healthcare facilities leading to
increased quality, reduced readmissions and lower costs. CPS services include
pharmacy consulting, inpatient and outpatient pharmacy management, telepharmacy
and medication related transition of care services. For more information, visit
cpspharm.com.
Contact:
Greg Wenthe
Vice President, Marketing
Comprehensive Pharmacy Services
greg.wenthe@cpspharm.com
(901) 748-0470