A _______ is a required (by third-party payers) list of medications that must be selected from...

A _______ is a required (by third-party payers) list of medications that must be selected from by physicians for their patients in the hospital.

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Expert Solution

Answer:

HOSPITAL DRUG FORMULARY

Explanation:

A drug formulary is a list of prescription drugs that are covered by a specific health care plan. It contains both generic and brand name of drugs, used by practitioners to identify drugs that offer the greatest overall value. A committee of physicians, nurse practitioners, and pharmacists maintain the formulary.

Most Arising Health Plan insurance plans come with a drug formulary. The main function of a drug formulary is to specify particular medications that are approved to be prescribed at a particular hospital, in a particular health system or under a particular health insurance policy.

The hospital formulary system is a method whereby the medical staff of a hospital with the help of pharmacy and therapeutic committee, selects and evaluates medicinal agents and their dosage forms which are considered to be most useful in the patient care. The development of prescription formularies is based on evaluations of efficacy, safety and cost-effctiveness of drugs.

Nightingale answered 1 year ago

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