Trulla reveals impact on hospital pharmacy costs

With over $1 billion in cumulative annual drug spend now monitored by Trulla’s software and analytics, customers identify tens of millions of dollars of opportunity to deliver to their system’s bottom line.

Press release

March 30, 2022 2:15 p.m. EDT

DRAPER, Utah, March 30, 2022 (Newswire.com) –
Trulla, the industry leader in pharmaceutical sourcing and testing solutions, has experienced impressive growth in recent months after signing additional key accounts and expanding the use of its solutions in hundreds of hospitals and clinics across across the United States.

Leveraging insights from industry veterans, Trulla helps healthcare systems better manage drug procurement in today’s complex supply chain environment. Momentum recently exploded with key signings across the country:

  • A notable health system in the Northeast has signed and implemented Trulla’s Analytics, which are actionable analytics that direct to their greatest cost savings opportunities in pharmacy supply. Within the first 10 days of going live, this healthcare system shared that it had already saved enough money to justify its investment.
  • Another health system in the Southeast is currently implementing both Trulla’s analytics and software and to better optimize all of their pharmacy purchases across all of their hospitals and clinics. Trulla’s Analytics was recently enabled for this client, and they have already identified over $10 million in cost savings.
  • A large multi-state IDN with over 50 hospitals has also signed on to use Trulla’s software and analytics to help them optimize and standardize their billion dollar drug spend across their entire system.

With more than $1 billion in cumulative annual drug spend now monitored by Trulla’s software and analytics, including 340B complex purchases, customers identify tens of millions of dollars of opportunity to deliver to the bottom line of their system. Starting with an easy-to-deploy analytics platform that can quickly identify opportunities, Trulla’s software can also be implemented to act on those opportunities and ensure compliance with optimal NDC ordering, saving money at every pharmacy purchase.

“It’s exciting to see pharmacy supply transformation happening in the industry,” said Trulla CEO Curtis McEntire, a pharmacy supply chain veteran. “Health systems are now aware of the opportunity, and it is our job to help our customers save money. What drives us every day is our ability, through our skills and our solutions , to make a huge difference in this vast and complex category of pharmacy purchases.”

About Trulla

Trulla (www.trullarx.com) is a software and services company specializing in pharmaceutical supply for hospitals, clinics and health systems. Trulla’s solution centers around its procurement software and actionable analytics to both identify and drive cost savings with every pharmacy purchase. Trulla has a diverse team of pharmacy expertise with specialties in supply chain, technology, pharmacy operations and corporate pharmacy management. As a solution designed for the pharmacy by pharmacy and supply chain experts, Trulla is essential to optimizing the pharmacy supply chain.

Source: Trulla, LLC.

Lillian L. Pena