TARxGET Reporting

TARxGET Reporting

This proprietary forecasting tool uses hospital purchase data to identify the top areas of drug spending in your organization and provide an analysis of expenditures. TARxGET Reporting can quickly and easily show you the key drivers of drug costs in your organization by drug and therapeutic category. It evaluates changes over time and measures the impact of utilization and inflation on purchase trends.

  • Forecast future drug expenditures
  • Explain drug cost increases and variances from planned expenses
  • Identify drug cost-reduction opportunities

Growth in U.S. prescription drug expenditures is expected to continue to increase. Health-system pharmacy leaders should carefully examine their own local drug utilization patterns to determine their own organization’s anticipated spending.

Glen Schumock, Edward Li, Katie Suda, Michelle Wiest, JoAnn Stubbings, Linda Matusiak, Robert Hunkler, and Lee Vermeulen. “National trends in prescription drug expenditures and projections for 2015” Am J Health-Syst Pharm. 2015.


Success Stories

Success Stories

Mercy Health TARxGET Reporting
 

Mercy Health TARxGET Reporting

Rate/Volume Business Intelligence Empowers Managers to Combat Variances and Cut Costs

“TARxGET has transformed the way, speed and effectiveness with which we combat pharmacy drug spend variances at Mercy. Today, our pharmaceutical stakeholders are more proactive, and more collaborative in identifying our cost drivers to lower them across all of our hospitals. And that simply was not possible before.”

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