Customized Value Analysis For Your Facility

Challenges of Traditional Pharmacy Model

• Drug waste, which leads to unnecessary costs
• Medication doesn’t come when needed (especially with new admissions)
• Readmission rates to hospitals – Need to track discharges to gauge the incident of readmission the first month after discharge
• Inefficient processes that lead to nursing staff time spent reordering, receiving, storing and disposing of medications
• Low patient and care giver satisfaction
• Low nursing staff satisfaction

How Remote Dispense Technology Works

• Waste Reduction, adds bandwidth, reduced hospital readmissions
• Reduced costs, happier staff, well-cared for patients
• Faster, more accurate medication passes and less time spent counting narcotics, reordering and receiving medications
• Improved formulary management focused on improving clinical outcomes with the most cost-effective drug therapy by maximizing the greatest amount of medications on-site
• TedRx puts over 300 – 500 medications on site with access to it 24/7
• Onsite Wellfount Pharmacy Customer Service Representative to work side-by-side with your team

By measuring by the actual nurse staff time and the related costs, Butler identified significant time and cost reductions in the following areas:

• Med Pass Prep Time
• Med Pass Cycle Time
• Med Pass Wrap Up Time
• New Order/Admit Entry Time
• Med Receipt/Stock/Return Time
• Med Destruction Time

Drug Cost per Patient Day Working with Butler, we have designed a streamlined version of the analysis that LTC facilities can complete at no cost and without the need for onsite observations. Using as little as 1 month of self-reported data, you will receive a 3-page analysis that identifies potential savings as well as highlights of additional pharmacy operations efficiencies.

Getting started with the assessment is simple:

1. Gather the required data points and provide them to your Wellfount representative.
2. Once the data is received, we will perform the assessment using the research tool developed in partnership with Butler University.
3. Your Wellfount representative will meet with you to present the data and discuss the results.

The following data points are used to identify the efficiency of gains and added value through the TedRx remote dispense solution:

• Recent monthly pharmacy drug costs
• Prior year annual drug costs
• Number of patient beds
• Facility capacity
• Recent monthly Part A patient days
• % of drug packaging types (punch/perforated punch/ single punch)
• Average Estimated Monthly Med Pass Distribution Cycle Time
• Number of nurse shifts with med pass
• Number of full time employed nurses
• Number of part time employed/staffed nurses
• Number of patient wings in facility

If you are interested in a more advanced analysis, please contact us for the expanded data needs list. The advanced analysis is provided to LTC facilities at no additional cost.

Wellfount’s innovative use of remote dispensing technology transforms the way skilled nursing providers deliver medications to their residents. It’s not just about the technology, it’s about the human touch. Our pharmacy customer service representative (CSR) works side-by-side with you inside your facility. Our online ConnectTED system provides easy access to all information needed to manage and order medication—reducing waste and improving clinical outcomes.