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Effective URL: https://www.omnicare.com/what-we-offer/financial-value?li_did=89eba5a3-f852-33af-9ceb-964a9dd5b6c7
Submission: On August 31 via api from US
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Close this section Close this section Open menu Skip to main content On-site Vaccination Clinics -- Click here for the most up-to-date information Header Secondary Menu * Omniview(link is external) * MyOmniview(link is external) * Careers * Contact us Search Header Primary Menu * Who we are * Who we are overview * Our mission & purpose * Our history * Our reach * Corporate compliance We handle all the details of your pharmacy needs 24/7 so you can focus on giving quality care to residents and patients. * Who we serve * Who we serve overview * Long-term & post-acute facilities * Senior living communities * Residents & families * PACE communities * Success stories * Success stories overview * Financial partnership * Staff partnership * Clinical partnership * Operational transformation * Find a rep No matter the specific kind of senior care you provide, you can rely on us to deliver specialized pharmacy services that best serve them. * What we offer * What we offer overview * Clinical partnership & risk mitigation * Financial value * Staff tools & support * Resident tools & support * Products & services * Products & services overview * Clinical Intervention Center * MultiDose * Omnicell * Omniview * CycleFill & ReadyFill® * Discharge to home * Fall prevention * Infusion services & education * Operational transformation * Patient Drive Payment Model (PDPM) * Transitions of care * Learn how to switch You can rely on us to deliver specialized services. We’ve got your pharmacy needs covered so you can focus on giving quality care. * News * Resources Back Header Primary Menu * Who we are * Who we are overview * Our mission & purpose * Our history * Our reach * Corporate compliance We handle all the details of your pharmacy needs 24/7 so you can focus on giving quality care to residents and patients. * Who we serve * Who we serve overview * Long-term & post-acute facilities * Senior living communities * Residents & families * PACE communities * Success stories * Success stories overview * Financial partnership * Staff partnership * Clinical partnership * Operational transformation * Find a rep No matter the specific kind of senior care you provide, you can rely on us to deliver specialized pharmacy services that best serve them. * What we offer * What we offer overview * Clinical partnership & risk mitigation * Financial value * Staff tools & support * Resident tools & support * Products & services * Products & services overview * Clinical Intervention Center * MultiDose * Omnicell * Omniview * CycleFill & ReadyFill® * Discharge to home * Fall prevention * Infusion services & education * Operational transformation * Patient Drive Payment Model (PDPM) * Transitions of care * Learn how to switch You can rely on us to deliver specialized services. We’ve got your pharmacy needs covered so you can focus on giving quality care. * News * Resources Header Secondary Menu * Omniview(link is external) * MyOmniview(link is external) * Careers * Contact us Search LET US HELP YOU FIND WHAT YOU'RE LOOKING FOR Search Want more help with what you’re looking for? Request a consultation 1. Home 2. What we offer FINANCIAL VALUE As your pharmacy partner, we provide an extensive array of services with a low cost-to-fill model that helps bring the greatest financial value to your facility or community. GAIN ADDITIONAL PHARMACIST GUIDANCE Your experienced consultant pharmacist will become a valued member of your interdisciplinary team — they’re here to help guide you to achieve optimal outcomes for your residents, and your bottom line. On a regular basis, they’ll identify trends and provide progress reports on medication utilization and cost savings for your community. EXPERIENCE BEST-IN-CLASS MEDICATION MANAGEMENT You can be assured clinically appropriate medications are being delivered to your residents — which will give you a tangible measure of the value that we bring. GET FORMULARY MANAGEMENT Our proprietary formulary management tool — which was created by pharmacists and geriatric care physicians — will inform you about formulary-driven cost savings. And it also identifies un-captured cost savings in the area of formulary compliance, while spotlighting opportunities for therapeutic interchange and generic conversion. It shows where changes have saved money, and where chances for cost savings have been missed. TRY OUR CLINICAL DECISION SOFTWARE Our advanced clinical decision support software program, Omnicare System for Clinical and Cost Outcomes Retrieval (OSC20R), is fully integrated with our pharmacy dispensing computer system, allowing your consultant pharmacist to identify clinical, regulatory and cost-containment opportunities. One of the simplest and most effective ways to reduce pharmacy spending is via generic conversion. Since there are so many generic versions of major brand name drugs coming available, timely conversions to generics can add up to significant savings. Our scale and purchasing power provide cost savings, especially for generics. And our ability to convert a brand product to its generic equivalent faster than any other provider delivers nearly immediate savings. VISIT OUR CLINICAL INTERVENTION CENTER (CIC) Our CICs will provide you and your staff with experienced formulary clinicians to help manage clinical rejections and reduce non-covered charges to decrease the number of therapy interruptions due to insurance rejections. And they help ensure proper therapy and appropriate reimbursement, while giving your staff more time to devote to caring for residents. SAVE WITH TECHNOLOGY Realize cost savings from the first fill with pre-admission assessment through our Omniview web portal. When an incoming resident’s medication list arrives, your staff can quickly assess actual pharmacy costs for those medications, highlighted with generic conversions and opportunities for therapeutic interchange, and more: * Electronically request these cost-saving changes with approval from the doctor, resulting in no loss of effectiveness for incoming residents * Get additional savings through pre-coded, electronic delivery of your pharmacy bill; charges are arranged by category and according to your specific general ledger codes, and, by eliminating coding errors via manual transcription, you’ll be more likely to receive appropriate reimbursement for every dose delivered * Trust that you’re getting best-in-class technology solutions that are leading the way for crucial cost savings; our proprietary systems have filled more than 70 million prescriptions without error since 2008 ACHIEVE THE MAXIMUM IN FINANCIAL VALUE, TOGETHER Omnicare’s Wendy Outland applies her experience to find solutions to the financial challenges customer Tom Orsini needs to meet. Read about their partnership WE MAKE SWITCHING EASY Making the change to a new pharmacy provider isn’t always easy. We’re here to uncomplicate the complicated by simplifying the switching process. Learn how to switch WE’RE READY TO HEAR FROM YOU, NO MATTER THE NEED Get in touch and schedule a consultation or, if you’re a current customer, get support today. Request a consultation ABOUT OMNICARE Omnicare, Inc., a CVS Health company, provides comprehensive pharmaceutical services to patients and providers across the United States. * Who we are * Who we serve * What we offer * News * Resources * Request a consultation * Sign up for news alerts * Learn how to switch * Careers * Omniview(link is external) * MyOmniview(link is external) * Contact us * Search * Accessibility * Privacy policy * Patient privacy * Terms and conditions * Sitemap ©2020 Omnicare® a CVS Health Company CONNECT WITH US * LinkedIn(link is external)