PipelineRx Awarded Group Purchasing Agreement from Premier Inc.
PipelineRx’s telepharmacy platform provides the flexibility, scalability, and performance that Premier members require
SAN FRANCISCO, Calif.—August 22, 2017—PipelineRx, a leading medication management services and technology company focused on clinical telepharmacy, has been awarded a sole-source purchasing agreement for telepharmacy solutions by leading healthcare improvement company, Premier, which unites an alliance of 3,750 U.S. hospitals and more than 130,000 other provider organizations. PipelineRx’s telepharmacy platform, PowerGridRxTM, allows health systems to create their own internal telepharmacy network to optimize labor and drive efficiencies. Additionally, the company’s highly experienced clinical telepharmacists can offer Premier members supplemental medication order review and verification at a savings of as much as 75 percent when compared to in-house staffing.
Today more than ever, hospital executives are seeking new opportunities to improve both financial viability and patient outcomes. By implementing the PowerGridRx cloud-based technology platform, health systems can dramatically increase operating efficiencies for an immediate ROI. This is achieved through an integrated view of medication orders that enables load-balancing of labor across facilities.
Developed by pharmacists for pharmacists, the intelligent, rules-based software also allows hospitals of any size to benefit from streamlined workflows to ensure medication efficacy, optimize turnaround times, and improve clinical outcomes. These efficiencies in turn allow hospitals to better leverage their own skilled pharmacists in critical clinical initiatives that lead to better outcomes and reduce readmissions.
Connected by the same technology platform, the PipelineRx network of highly-experienced telepharmacists is available for scheduled or demand-based service for participating hospitals. This shared service structure helps ensure 24/7 coverage, fill in for gaps or peak hours, or free up onsite staff for more clinical initiatives. PipelineRx employs over 100 licensed pharmacists across the country with the ability to operate in 49 states.
“The size, cost, and involvement of pharmacy operations are as varied as the facilities we serve, and we’re committed to offering solutions that meet the unique needs of each organization we work with,” said Brian Roberts, CEO of PipelineRx. “With over 16 million medication order lines processed on our system every year, we are confident that our partnership with Premier will help extend these customized services to their members and make it more attainable for these facilities to optimize their pharmacies.”