Too often, the pharmacy vendor selection process focuses on price rather than cost. But, comparing the cost of pharmacy services goes well beyond a simple spreadsheet comparison. It requires an understanding of pricing; because although two prices may look identical on paper, they are rarely equal. Further, it requires an intimate understanding of the processes that drive the results, which the LTCF is promised.

Based on the contract benchmarking, VERITAS' RFP services will help the LTCF establish the total cost of proposed services along with the compatibility of a potential pharmacy provider.

VERITAS has extensive experience working with pharmacy providers from both vendor selection and operational perspectives, and is positioned to identify synergies and barriers that could mean the difference between success and failure for a new pharmacy services agreement and new provider relationship.