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Identifying Value for a Product Formulary?
By Malinda Laupert, RN
The complexity of health care today demands a well defined formulary to facilitate quality care, control medical supply costs and monitor clinical compliance and outcomes. These ever changing financial, regulatory and clinical challenges demand a well organized purchasing department. New products and equipment are entering the market each day making the challenge even greater. Does your organization maintain a specific product formulary, supported by continued education, data management and annual review?Read Article