St Lawrence Hospital Balancing Internal vs Outsourced IV Medication Decisions Mary Gillett Ryan Itterman Case Study Solution

St Lawrence Hospital Balancing Internal vs Outsourced IV Medication Decisions Mary Gillett Ryan Itterman

BCG Matrix Analysis

– Convenience: Lower patient cost for internal vs. Outsourced IV medication. – Improved quality of care: Controlled environment of internal medication, higher safety. – Patient Satisfaction: Lower chance of medication errors and decreased hospital readmission. – Balancing external vs. Internal Medication Decision – Outsourcing is a popular choice when the volume and complexity of medicine are high. – The outsourcing provider takes on the tasks of medication management, including compliance, inventory management

Recommendations for the Case Study

I worked as an infusion pharmacist at St Lawrence Hospital for two years. During this time, the hospital had several choices to make regarding its internal versus outsourced IV medication program. The hospital’s decision to adopt an internal pharmacy led to a significant increase in pharmacy staff hours and additional laboratory staff. In addition, a new contract with a local, full-service pharmacy increased out-of-pocket expenses for patients. In contrast, an outsourced pharmacy program resulted in lower overhead costs, but required

Problem Statement of the Case Study

When it comes to medical decisions, it seems that people often get bogged down in outsourcing to avoid making difficult or costly choices. This is not just a hypothetical concern—a recent study found that hospitals in the United States spent more on external IV medication administration—that is, drugs given in a vacuum-sealed syringe into a vein through an IV needle—than on in-house pharmacy services, and that only 5% of the outsourced IVs could be attributed to in-

PESTEL Analysis

This PESTEL Analysis will be useful to St Lawrence Hospital in balancing internal vs outsourced IV medication decisions. St Lawrence Hospital: St Lawrence Hospital is a 92-bed acute care hospital, part of the Saint Elizabeth Health Care system located in Montreal, Canada. It offers a comprehensive range of medical and surgical services, including cardiology, neurology, general medicine, pediatrics, surgery, oncology, and mental health. St Lawrence Hospital has a wide range of medical and surgical specialties

Marketing Plan

I am a Certified Medication Therapy Manager, a nurse practitioner in internal medicine, a case manager, and a marketer. I was at a retreat conference, where we heard a talk from an expert on a topic that mattered to me. In it, the expert said the choice between an internal, in-house, and outsourced IV medication decision could be balanced. At St Lawrence Hospital, we balance the internal/in-house vs. IV medication option in our clinic. Why does this matter to me? Here

Case Study Analysis

“St Lawrence Hospital is known for its high standard of medical services, and this is reflected in their patient care. The hospital has a reputation for providing high-quality medical care and ensuring the safety and wellbeing of their patients. The hospital has a dedicated team of medical staff who strive to provide the best possible health care for their patients. Their services extend beyond the physical hospital walls and involve healthcare delivery outside the hospital’s walls. The hospital also has a strong relationship with local government agencies and other medical services that provide essential services to patients. The hospital’s mission is

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In a busy clinic where the patients’ needs often overwhelm the available resources, St Lawrence Hospital is known for the skill and expertise of its clinicians. In my years of observing the hospital, I observed first-hand how the hospital’s administration made the decision to implement and maintain an internal medication management program (MMP) for its intravenous (IV) medication. At the onset of the MMP project, a major challenge faced by the hospital was balancing internal vs. Outsourced medication decisions. The hospital

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