Formulary Design and Management
Select’s team specializes in formulary management for hospice patients. Our team of clinical pharmacists will work with your hospice side by side to ensure every patient is receiving the right medication, at the right dose, at the right time. We review each patient’s medication record and provide insight on therapy optimization, monitor drug-to-drug interactions and provide insights regarding contraindications.
Why Formulation Management Matters:
Oftentimes, doctors prescribe patients in hospice and long-term care settings a plethora of medications. Various specialists and practitioners oftentimes focus on the issue at hand, which can lead to an oversight of holistic treatment and other diagnoses. It is not uncommon for patients to have medications prescribed that counteract one another. Trained pharmacists need to review all medication types and dosing against a patient’s medical history and other drugs to optimize efficacy and avoid harm.
At Select, we offer competitive and transparent pricing. Our pricing models are straightforward and allow hospices to focus resources on patients, not administrative hurdles. Highlights of the Select cost management experience includes:
- Online Portal: In Select’s online portal, hospices can check medication availability and pricing without having to pick up the phone.
- Spending Protocols: We can work with hospices to set up protocols that allow for immediate notification if requested medications exceed dollar limits set by hospices.
- Spending Reports: Select offers customers weekly spending reports allowing cost/spending transparency.
We offer less expensive therapy alternatives when possible.
We understand the importance of transparency and metrics to our customers. For this reason, we created a system that allows long-term care facilities to track patients’ medication history, drug spend, and peripheral metrics. Our reports allow customers to make informed decisions and better manage their prescription solutions for patients.
Selects’ online portal allows HIPAA-compliant quick and easy access for customers to access patient records and reports including:
- Antibiotic Reports
- NDC Reports
- Psychotropic Reports
- Antipsychotic Reports
- Medication Adherence Record (MAR)
The Select pharmacy team understands the need for special packaging in long-term care and hospice settings. We provide bubble-packed medication cards and pre-filled syringes, among other specialty packaging, per customer request at no additional cost. This packaging takes the human error out of dispensing medication so that nurses can spend less time organizing medication and more time on patient care.
Why Special Packaging is Important
Regulations require that certain types of facilities package drugs with specific information, including lot numbers and expiration dates. To satisfy such requirements, medication is separated into bubble packaging for each drug. Because nurses can administer medications, but not dispense drugs, each medication has to be individually marked and packaged.
We understand that medical emergencies can occur outside of normal business hours. That is why Select is committed to serving patient needs 24/7/365. Our pharmacists and staff are available on-call around the clock for emergencies, so you can count on Select at any hour of the day (or night).