Session Information
2006 Midyear Clinical Meeting
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Forecasting and Managing Financial Trends in
Health-System Pharmacy
Track:
Sessions
Program Code: 216-L04
Date: Monday, December 4, 2006
Time: 3:00 PM to 5:00 PM
Location:
304A-B (CC)
MODERATOR:
Lee C. Vermeulen, M.S., R.Ph., Director, Center for Drug Policy, University of Wisconsin Hospital and Clinics, Madison
SPEAKER(S):
James M. Hoffman, Pharm.D., M.S., BCPS, Medication Outcomes Coordinator, St. Jude Children's Research Hospital, Memphis, Tennessee
Drugs in Development and Diffusion of Innovation
Nilay D. Shah, Ph.D., R.Ph., Associate Consultant, Division of Health Care Policy and Research, Mayo Clinic, Rochester, MN
Financial Management in Health Systems and the 2007 Pharmaceutical Expenditures Forecast
Lee C. Vermeulen, M.S., R.Ph., Director, Center for Drug Policy, University of Wisconsin Hospital and Clinics, Madison
National Trends in Health Care and Pharmaceutical Expenditures
Description
Learning Objectives: Explain how to develop a financial plan (budget) for your department’s spending on medications. Describe how to monitor financial performance including variance reconciliation. List medication-use policy tools to resolve variances. Describe trends in pharmaceutical expenditures that will affect your organization’s financial performance over the next year.