Tag Archives: insourcing

The indirect costs of risk management for hospital insourcing

503B Outsourcing, OutsourcingBy Wendy Windecker February 15, 2021

This post is our third in a series of blogs looking at how hospitals make the difficult decision to compound their own drugs versus selecting an outsourcing partner. The decision involves a great deal more than a clean room and a vial of medication. A wide range of indirect costs are specifically related to risk…

Insourcing versus Outsourcing – the indirect costs of insourcing

503B Outsourcing, OutsourcingBy Wendy Windecker November 19, 2020

Hospitals often choose to insource drug compounding in order to save money on Pharmacy costs. The decision to insource is typically based on a number of factors including cost of raw materials and qualified personnel needed to compound the product. We believe that hospitals often fail to include many indirect variables, resulting in under-estimation of…