Question: Do you know of a platform that helps optimize drug purchasing and reduce costs in hospital pharmacies?

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Bluesight

If you're looking for a platform to optimize drug purchasing and cut costs in hospital pharmacies, Bluesight is a good all-purpose option. Bluesight's suite of tools includes ControlCheck, KitCheck and CostCheck, each addressing a particular issue. ControlCheck uses AI to prevent drug diversion and streamline operations, KitCheck provides real-time visibility into medication use and expiration, and CostCheck optimizes purchasing with data analytics from multiple sources to help hospitals make better purchasing decisions and cut waste.

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DSSI

Another good option is DSSI, a healthcare eProcurement tool that uses AI to automate procurement. DSSI tools include ordering, real-time ordering approval, automated invoicing and interactive reporting to control expenses. It's geared for multihospital health care organizations trying to cut overhead costs and improve compliance, and it promises annual savings of more than $200,000.

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Inovalon

If you want to go more data-driven, Inovalon offers a cloud-based platform for pharmacy analytics and business intelligence. It lets organizations exchange data in real time, get electronic decision support and automate operations to free up staff for more important work and improve patient care. That can lead to big cost savings.

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Protenus

Last, Protenus is a platform to detect privacy breaches and drug diversion with AI. Protenus offers detailed audit trails, scalable risk-reduction tools and workforce automation to cut reputational and financial risk. That could be useful for hospitals trying to maintain the highest standards of patient privacy and medication management.

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