ROI Archives - ARxIUM

Intermountain Healthcare Improves Sterile Compounding Services with RIVA Systems

Posted on October 25, 2018

In the wake of market and regulatory changes several years ago, Intermountain Healthcare, one of the most respected health systems in the United States, identified an increased need for controlled sterile compounding preparations. This need was heightened by the New England Compounding Center tragedy, as it raised additional concerns about risk and lack of control... Read more

Dispelling Myths about I.V. Automation

Posted on December 6, 2017

By Irene Wasilewski, Product Support Specialist Most hospital pharmacies will likely say they would be interested in adding IV automation, but… Read more

Seventy four percent (74%) of manually compounded sterile product errors are undetectable at final product verification and would reach the patient

Posted on March 16, 2016

By: Scarlett Eckert, Pharmacist Consultant MD Anderson Cancer Center’s implementation of an IV workflow software system that uses gravimetric and barcode verification intercepted over 1,000 errors during manual compounding1. Over a yearlong study conducted from November 2012 to November 2013, 15,843 doses were prepared using this system and 1,126 errors (7.1%) were detected during the... Read more

Marketing Your Pharmacy Technology Investment

Posted on January 7, 2016

By: Sean Sullivan, Director, Marketing & Inside Sales So, you’ve made the investment in a pharmacy technology solution; you can’t wait to get it up and running so you can start realizing the return on your investment as quickly as possible. Will the accuracy of the solution be what you were told by the vendor?... Read more

Pharmacists Should Care About Inventory Management

Posted on October 22, 2015

By: Beth Richter, Pharmacist Consultant In a health system, pharmacists are primarily focused on drug therapy decisions. Many hospitals have decentralized pharmacy staff that are on patient floors working directly with patients and other health care providers. While in the central pharmacy, pharmacists are busy deciphering and verifying physician orders, compounding medications and of course... Read more

Multiple studies find automated compounding can reduce costs

Posted on July 15, 2015

By Niels Erik Hansen, Ph.D. Recent news of a $200 million fund to compensate victims of the bankrupt New England Compounding Center (NECC) is an extreme example of how expensive manual compounding errors can be. Contaminated compounds produced by NECC were linked to a 2012 meningitis outbreak that killed 64 people in 20 states and... Read more

The Operational Cost Analysis

Posted on January 28, 2015

By Alex Reinhardt, P. Eng. When considering the purchase of IV automation such as RIVA, you need to consider all the costs that you will need to pay over the operational life of the system. In many cases, people just think about the initial purchase cost, but over a five or ten year service life, that... Read more

What are your goals, Standard of Care or ROI?

Posted on September 3, 2014

By Alex Reinhardt, P. Eng. I’ve had some recent discussions with potential customers that raised an interesting question: What is most important to your organization, making a high percentage of doses with IV automation, or, saving money? These are vastly different but both equally legitimate. Let’s look at each in a bit more detail. Read more

Improving Medication Safety Helps Control Costs

Posted on July 28, 2014

By Niels Erik Hansen, PhD If ongoing news reports of pharmacy product contaminations, recalls and patient injuries aren’t enough to prompt reforms to reduce errors in the compounding of IV medications, a study published late last year — which shows the significant cost burden hospitals bear from IV medication errors — should be. The report,... Read more

Intermountain Healthcare Improves Sterile Compounding Services with RIVA Systems

Dispelling Myths about I.V. Automation

Seventy four percent (74%) of manually compounded sterile product errors are undetectable at final product verification and would reach the patient

Marketing Your Pharmacy Technology Investment

Pharmacists Should Care About Inventory Management

Multiple studies find automated compounding can reduce costs

The Operational Cost Analysis

What are your goals, Standard of Care or ROI?

Improving Medication Safety Helps Control Costs

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