Leveraging Real World Evidence to Reduce Healthcare Costs: Results Presented at ASHP

Today at the American Society of Health-System Pharmacists (ASHP) 2023 Annual Meeting, Dr. Valerie Garrett of Atropos Health presents research on the impact of real-world evidence for hospital formulary design and cost-effective care.

Poster: Real World Evidence Guides Academic Health System to Inform Hospital Pharmacy Formulary & Impart Cost-Effective Care

Authors: Neera Ahuja, MD; Janjri Desai, PharmD MBA (Stanford Health Care) & Valerie Garrett, MD MPH; Saurabh Gombar, MD PhD (Atropos Health)

Summary: Clinicians in the departments of medicine and pharmacy at Stanford Health Care used Atropos Evidence Platform to accelerate comparative effectiveness research on institutional EHR data. For this study, they compared the impact of perineural liposomal bupivacaine vs. a lower-cost alternative on patient outcomes and observed no difference among like cohorts. This local evidence provided adjunctive support for the decision to remove liposomal bupivacaine from the drug formulary, resulting in hundreds of thousands in annualized medication cost savings without negative impact on clinical outcomes.

Learn More about the ROI of Real World Evidence in Healthcare: Read the White Paper

Clinicians use Atropos Evidence Platform to get insights from their institution’s EHR data within 48 hours, per request. This simple Q&A model brings real world evidence to the point of care - powering personalized medicine, accelerating research, and generating significant cost savings for healthcare organizations. The results presented at ASHP build on growing proof of the return on investment (ROI) of Atropos Evidence Platform.

Atropos Health’s recent White Paper “From Data to Savings: Leveraging Real-World Evidence to Reduce Healthcare Costs” reports on the millions in cost savings that Atropos Evidence Platform unlocked for an academic medical center during just one year of use.

Read it to learn how the platform cut costs through research acceleration, RWE for cost-effective formulary design, and improvements in patient throughput and care management.

Download the White Paper

From Data to Savings: Leveraging Real-World Evidence to Reduce Healthcare Costs