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  • Title: Formulary management to reduce cost: P & T committee strategies.
    Author: Roberts MJ, Summerfield MR.
    Journal: Hosp Formul; 1986 Apr; 21(4):481-3, 488-92. PubMed ID: 10276289.
    Abstract:
    The hospital pharmacy can achieve cost reductions through a variety of means. These include controlling personnel costs, conducting systems and facilities design analyses, operating shared services, controlling inventory, and assisting the P & T Committee in implementing and operating a hospital formulary system. The type of formulary system within an institution and the effectiveness of the P & T Committee both influence cost saving programs in acquiring and dispensing therapeutic agents. Strategies effective in developing a workable formulary and ways in which the P & T Committee can encourage cost-effective drug acquisition and use are outlined.
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