|By Business Wire||
|August 12, 2014 10:02 AM EDT||
Aesynt™, a leading provider of integrated pharmacy automation solutions for hospitals and health systems, today announced that Aultman Hospital has selected Insyte™ Medication Logistics to optimize medication logistics management processes to significantly reduce supply chain costs related to medication inventory for a positive impact on the organization’s overall financial performance.
Insyte will enable Aultman to intelligently drive pharmacy automation across its eight facilities, including Aultman Hospital, Aultman Orrville Hospital and a range of ambulatory surgery centers, long-term care providers and outpatient clinics. Providing a single view of medication inventory across all facilities, Insyte will equip Aultman for future expansion opportunities, including potential partnerships with independent hospitals for regional pharmacy distribution models.
“As we continue to explore opportunities beyond our current network, we know it is imperative for our medication inventory to be aligned across all facilities regardless of the kind of care they provide,” said Chris Parrish, vice president of supply chain, lab and pharmacy at Aultman Hospital. “With the Insyte solution in place, we will be able to identify medication needs and replenish cabinets more efficiently in each facility and ultimately enhance our pharmacy supply chain, one of the highest cost centers in our organization.”
Insyte will provide real time inventory visibility and valuation by facility and by location, virtually eliminating the need for an annual physical inventory. Additionally, the solution will enable the health system to:
- Provide medications in the lowest unit of measure, rather than in bulk, in order to reduce the amount of wasted medications;
- Cut back on manual inter-departmental billing for a more accurate financial picture;
- Mitigate medication shortages by centrally managing available stock across the system; and
- Free up pharmacy resources so staff can spend more time with patients.
“Due to our long-standing partnership with Aesynt, implementing Insyte was the next logical step in enhancing our enterprise-wide pharmacy operations as it helps address system-wide needs that cannot be met with conventional pharmacy automation,” said Jim Toohey, director of pharmacy at Aultman Hospital. “Working closely with your vendor is critical to developing a comprehensive medication management strategy, and our partnership with Aesynt will help us achieve this and ultimately strengthen the pharmacy’s role in our health system.”
“In today’s healthcare environment, health system pharmacies are challenged to ‘do more with less’ and are moving toward standardized, enterprise-wide medication management in order to reduce unnecessary expenses while maintaining high quality, patient-centric care,” said Kraig McEwen, president and CEO of Aesynt. “By working with Aultman to automate its medication inventory management, we aim to help the health system take a critical look at their pharmacy supply chain so they can meet these increasing financial demands while extending their reach across the state.”
About Aultman Hospital
Aultman Health Foundation is a not-for-profit health care organization serving Stark and surrounding counties. The vertically integrated institution includes Aultman Hospital, Aultman Orrville Hospital, the locally managed health-insurance provider AultCare and the Aultman College of Nursing and Health Sciences. With 808 beds, 535 active physicians and a staff of nearly 5,000 employees, Aultman is Stark County’s largest hospital and employer. For more information, visit www.aultman.org.
Aesynt Incorporated is committed to continuously advancing medication management, offering integrated pharmacy automation solutions that help health systems to support improved patient outcomes, build stronger businesses and manage ongoing change. For more information, visit www.aesynt.com. Follow Aesynt on Twitter at https://twitter.com/aesynt.
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