Pharmacy Committee
The Pharmacy Committee meets quarterly to discuss issues and contracts relevant to the pharmaceutical field. Review of Premier contracts, interaction with pharmaceutical distribution representatives, and compliance issues are just a few examples of agenda items that are regularly discussed. In addition, members of the Pharmacy Committee are constantly seeking out value-added services that may be available, as well as sharing their experiences and knowledge in areas such as cost control/avoidance, new drug development, and therapeutic alternatives to conventional therapy. Vendors from pharmaceutical, distribution, or other related companies are often invited in order to provide members with up-to-date information that will help identify opportunities for improving therapy, safety, and/or cost-effectiveness/avoidance, as well as to allow members present to offer valuable feedback to those who provide them with pharmaceutical goods and services.
Premier has developed a number of services that can save time and allow each member’s pharmacists to take advantage of the experiences of their peers. These services, available through PremierInc.com, offer solutions in many areas, ranging from Joint Commission compliance to third-party reimbursement.
Rational Choice Rx is a voluntary national drug formulary strategy offered through Premier. The Pharmacy Committee works within the framework of Rational Choice to uphold the highest quality pharmaceutical standards, minimize therapeutic duplication, promote appropriate utilization, and maximize value in contracting opportunities. This program has proven to provide savings above those normally achieved on proprietary drugs.