Pharmacy OneSource Announces Free Webinar on Hospital Drug Spending Management

Online, January 17, 2011 (Newswire.com) - Pharmacy OneSource, software-as-a-service provider of Quantifi, a web-based clinical documentation and reporting tool, is pleased to announce a complimentary webinar presented by Michael R McDaniel, RPh, MBA, FASHP, on "Drug Trend Spend Management Tools."

In the world of health-system pharmacy, there is constant concern over costs - whether salary costs, drug costs or other related costs. This webinar gives an example of how one hospital has approached the challenge of pharmacy expense management, measurement and telling the pharmacy "story." McDaniel, Director of Pharmacy Services at Hunstville Hospital, shares the story of rising drug and salary expenses and the pathway of analysis that showed the facility that these trends were beneficial to the organization rather than detrimental. These tools and tips can be used by any pharmacy department to analyze their processes and finances and to prepare a powerful story how what the pharmacy department contributes in their facility.

Drug Trend Spend Management Tools
DATE: Wednesday, January 26, 2011
TIME: 12:00 PM - 1:00 PM EST
WHERE: http://www.pharmacyonesource.com/webinars

About the Presenter:
Michael R. McDaniel is a 1977 graduate of the University of Oklahoma College of Pharmacy. He began his practice of pharmacy in the IV lab of Hendrick Medical Center after graduation and one year later became the Director of Pharmacy of a small 118 bed hospital in Corpus Christi, Texas. Michael was the Director of Pharmacy for Methodist Medical Center (518) beds for 15 years before moving to Saint Francis Hospital (918) beds in Tulsa, Oklahoma for five years. Currently he serves as the Director of Pharmacy at Huntsville Hospital.

About Pharmacy OneSource (www.pharmacyonesource.com)
Pharmacy OneSource is healthcare's #1 Software-as-a-Service (SaaS) provider. Our more than 100 innovative team members provide best-in-class, SaaS solutions to current and future challenges within health-systems worldwide. Our SaaS solutions contribute to swift and safe healthcare through earlier, easier and better access to data. More than 1,300 healthcare organizations worldwide utilize our HIPAA compliant web-based services: Accupedia, Amplifi, MedBoard, Quantifi, ScheduleRx, Sentri7, Simplifi 797, and VeriForm.