SpendMend Pharmacy leverages the expertise of Turnkey Pharmacy Solutions to deliver Optimization solutions to pharmacies across the country. Our team of over 28 pharmacy experts works with clients to customize a sequence of solutions to help reduce costs and optimize savings.
Review wholesale spend for all purchasing accounts within a system to ensure consistent best available contract pricing.
Historical Price Spikes
Analytics and insights into price spikes to reverse unnecessary costs and prevent unnecessary over-spending.
Analytics and insights for lower cost NDC alternatives of the same drug.
Analysis of GPO rates and utilization percentages to drive better COGS and ensure optimal compliance with GPO contracts.
Evaluation and analysis to determine if hospitals are pursuing earned rebates from contract terms.
Analytics, insights, and operational support to convert reference products to their biosimilar.
Tools to anticipate future price fluctuations to optimize pharmacy costs.
Unit Dose (UD) to Pre-Packaging Opportunities
Review commercial UD spend and recommend savings opportunities where appropriate. (Bi-directional analysis).
Sales & Use Tax
Evaluation and analysis to determine if pharmacy is overpaying sales and use taxes.
Evaluation and analysis of consignment fees to help hospitals refine their consignment strategy.
CLIENTS SERVED SINCE 2012