LANSING, Mich., Jan. 28, 2014 (GLOBE NEWSWIRE) -- Sparrow Health System, the largest hospital system in Mid Michigan, a Magnet Hospital, and recipient of the Michigan Quality Council 2012 Quality Leadership Award, has partnered with Comprehensive Pharmacy Services (CPS), the nation's largest pharmacy services provider, to manage and integrate its system pharmacies. It represents a growing trend as hospital systems step up their response to healthcare reform by focusing on highly specialized areas such as pharmacy services to achieve sustainable clinical quality, operational and financial goals.
"At Sparrow, we focus on safety, quality, satisfaction and value for our patients by building care around each patient," said Thomas Ostrander, VP of Professional Services for Sparrow Health System. "With the challenges facing all delivery systems in this rapidly changing healthcare industry, we knew we needed a new integrated approach to pharmacy operations in alignment with our patient-centered, evidence-based clinical practices, so we turned to Comprehensive Pharmacy Services as a strategic partner."
The choice of CPS was based on its more than forty years experience, best-practice methodologies and proprietary data analysis tools delivering superior clinical, operational and cost reduction results. Most importantly, Sparrow and CPS teams are aligned in their vision for integrated medication management services across the continuum of care.
"The CPS team coordinates medication management solutions for hospitals across all patient touch points and ensures that the huge expense of medication is kept under control while focusing first on safety and quality," said Don Nickleson, CEO of CPS. "We are honored by the trust Sparrow has placed in us to deliver centralized pharmacy management, which we back with our unique 'at-risk' financial model that includes achieving quality improvement and cost reduction goals, providing Sparrow with upside potential and downside protection."
About Comprehensive Pharmacy Services:
Employing over 1,800 pharmacy professionals, CPS is the nation's largest provider of pharmacy services to more than 400 hospitals and healthcare facilities leading to increased quality, reduced readmissions and lower costs. CPS services include pharmacy consulting, inpatient and outpatient pharmacy management, telepharmacy and medication related transition of care services.
For more information, visit cpspharm.com.