Financial and Economic Criteria for Evaluating the Performance of Pharmacies


Affiliations

  • Tabriz University of Medical Sciences, Health Services Management Research Center, Iranian Center of Excellence in Health Management, School of Management and Medical Informatics, Iran, Islamic Republic of
  • Tabriz University of Medical Sciences, Health Services Management Research Center, Iranian Center of Excellence in Health Management, School of Management and Medical Informatics, Tabriz, Iran, Islamic Republic of
  • Tabriz University of Medical Sciences, Road Traffic Injury Research Center, Iran, Islamic Republic of

Abstract

Improving the economic performance of pharmacies need to economic and financial indicators. Despite this necessity, economic and financial performance indicators have not been identified comprehensively in the pharmacy setting. Thus the aim of this study is to determine the economic and financial performance assessment criteria of the pharmacies by specialist's point of view. This study is a qualitative study in which experts and professional's point of view were gathered by focus group discussion. 15 health system experts were selected by purposive sampling approach. Data from focus group discussions (FGD) were analyzed by thematic analysis method. Twelve main themes in two scopes were obtained to assess the economic and financial performance of the pharmacy by review of specialists view. These themes are waste rate, profitability, cost control, financial management, economic and political issues, pharmacist, doctor, medical insurance, management system, pharmaceutical companies, cultural issues and public or private administration system of pharmacy. Based on the results of this study, the most important criteria to evaluate the financial and economic performance of pharmacies were identified. These results can be used for to economic and financial performance evaluation of pharmacies.

Keywords

Economic, Financial, Iran, Performance, Pharmacy

Subject Discipline

Pharmacy and Pharmacology

Full Text:

References

Murray CJ, Knaul F, Musgrove P, Xu K, Kawabata K. Defining and measuring fairness in financial contribution to the health system. Geneva: World Health Organization; 2001.

Torrance GW. Measurement of health state utilities for economic appraisal: a review. Journal of Health Economics. 1986; 5(1):1–30.

Tordoff JM, Norris PT, Reith DM. Price management and its impact on hospital pharmaceutical expenditure and the availability of medicines in New Zealand hospitals. Value in Health. 2008; 11(7):1214–26.

Schumock GT, Butler MG, Meek PD, Vermeulen LC, Arondekar BV, Bauman JL. Evidence of the economic benefit of clinical pharmacy services: 1996–2000. Pharmacotherapy: The Journal of Human Pharmacology and Drug Therapy. 2003; 23(1):113–32.

George B, Silcock J. Economic evaluation of pharmacy servicesfact or fiction? Pharmacy World and Science. 1999; 21(4):147–51.

Anderson SV, Schumock GT. Evaluation and justification of clinical pharmacy services. Expert Rev Pharmacoecon Outcomes Res. 2009; 9(6):539–45.

Payne K, Proskorovsky I. A health economics survey of European hospital pharmacists. European Journal of Hospital Pharmacy Science. 2007; 13(2):33.

Asadi F, Moghaddasi H, Hosseini A, Maserrat E. A survey on pharmacy information system at hospitals affiliated to Shahid Beheshti University of Medical Sciences; 2009. Journal of Health Administration. 2009; 13:41.

Gavaza P, Rascati K, Brown C, Lawson K, Mann T. The state of health economic and pharmacoeconomic evaluation research in Zimbabwe: a review. Current Therapeutic Research. 2008; 69(3):268–85.

Doucette WR, Nevins JC, Gaither C, Kreling DH, Mott DA, Pedersen CA, et al. Organizational factors influencing pharmacy practice change. Research in Social and Administrative Pharmacy. 2012; 8(4):274–84.

Franklin GA. The driving force in hospital formularies: economics versus efficacy. The American Journal of Surgery. 2003; 186(5):55–60.

Tourani S, Maleki M, Ghodousi-Moghadam S, Gohari M. Efficiency and Effectiveness of the Firoozgar Teaching Hospital’s Pharmacy after Outsourcing, Tehran, Iran. Journal of Health Administration. 2010; 12(38):59–70.


Refbacks

  • There are currently no refbacks.