Pharmacy Healthcare Solutions of Chesterbrook, a subsidiary of global pharmaceutical distribution firm AmerisourceBergen, is giving hospitals and health care systems a new web-based analysis and forecasting tool.

TARxGET Reporting is the new state-of-the-art diagnostic tool of PHS, and the company says the tool goes above and beyond in helping facilities control costs and maximize the impact of medications on improved patient outcomes.

TARxGET Reporting uses pharmacy purchase data to identify areas of high drug spending, show key drivers of drug costs in specific drug and therapeutic categories, and evaluate changes over time to measure the impact of medication use and inflation on purchase trends.

The tool’s easy to use web-based application provides insight into purchasing behavior and analysis on which areas of drug spending have the most impact – ultimately resulting in identifying system-wide cost savings opportunities,” said Matt Wolf, vice president of sales.

The application evaluates purchase order history and categorizes purchases; identifies  specific drugs or therapeutic categories of drugs that are contributing to increasing costs; monitors clinical program initiatives; and builds purchase history and cost change reports.

PHS consultants support hospital leadership and clinical staff with the challenges of today’s healthcare delivery in mind.

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