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Gap Analysis Evaluation

Drug purchasing today is an area that has yet to be disrupted. With a mix of excel sheets and wholesaler tools, there are cost savings that are missed or that are falling through the cracks. While it may have worked up until now, it is time to implement a solution that saves you both time and money while analyzing your annual drug spend. To make identifying these gaps easier, Kit Check has developed a Gap Analysis tool that will scorecard your current workflow and offer some recommendations. Below you will find a series of questions related to your purchasing habits. Answer them to the best of your ability and at the end you will receive a scorecard with a letter grade along with some recommendations for improvement.

1.
Spend Optimization Domain
Achieved
100%
Mostly Achieved
75%
Somewhat Achieved
50%
Minimally Achieved
25%
Not Available
0%

Real-time access to aggregated blended average unit pricing and purchasing data across all accounts

Algorithms to generate recommendations automatically

Prioritize opportunities by financial impact potential

Point of decision shortage and availability consideration when evaluating opportunities

Prospective 340B trend analysis to identify underlying accumulation issues and maximize value

Tracking true inflation impact for budget forecasting

2.
Spend Optimization Domain
Achieved
100%
Mostly Achieved
75%
Somewhat Achieved
50%
Minimally Achieved
25%
Not Available
0%

Assess all possible opportunities for savings at least weekly

Real time GPO compliance

Price parity analysis at the time of invoice

Automated oversight tools to ensure compliance

3.
Spend Optimization Domain
Achieved
100%
Mostly Achieved
75%
Somewhat Achieved
50%
Minimally Achieved
25%
Not Available
0%

Transparent communication tools

NDC level referencable data for persistance of stakeholder input and decision capture

Identificiation, prioritization and decision support for discontinued NDCs

4.
Spend Optimization Domain
Achieved
100%
Mostly Achieved
75%
Somewhat Achieved
50%
Minimally Achieved
25%
Not Available
0%

Prioritize opportunities that have low friction to adoption

Opportunity recommendations that are tailored to your operations and based on your unique purchasing practices

Compare and size the impact of any potential NDC changes in seconds

Targeted recommendations to maximize sub-WAC pricing availability

5.
Spend Optimization Domain
Achieved
100%
Mostly Achieved
75%
Somewhat Achieved
50%
Minimally Achieved
25%
Not Available
0%

Submit and track overcharge credit requests with one click

A spend optimization plan that is scalable for future growth and employee turn-over

Dynamic and real-time tracking of hard dollar savings and system performance

Customizable dashboards, reporting and visualization of results