Question

Difference between hospital formulary and drug list

Answer 1

Answer:

In its simplest form, the formulary is a list of medications available for use at a hospital or health-system. This list includes the dosage forms, strengths and package sizes of each of the medications on it. Diligent management of this list has both patient care and financial implications.

Answer 2

The difference between a hospital formulary and a drug list is:

Hospital Formulary:

• The hospital formulary is a list of pharmaceutical agents with important pieces of information which reflects the current clinical views of the medical staff.
• The hospital formulary system is a method whereby the medical staff of a hospital with the help of a pharmacy and a therapeutic committee selects and evaluate medical agents and their dosage form which are considered to be most useful in patient care.
• The hospital formulary system provides the information for procuring, prescribing, dispensing, and administering drugs under non-proprietary or proprietary(brand)names in instances where drugs have both names.

Drug List :

• A drug List means a list of pharmaceutical products which is available to Network Participants, Members, physicians, or other healthcare providers for purposes of providing information about the coverage and tier status of individual pharmaceutical products.
• DURABLE MEDICAL EQUIPMENT PROVIDER.....means a duly licensed durable medical equipment provider, when operating within the scope of such license.
• A ‘‘Participating Durable Medical Equipment Provider’’ means a Durable Medical Equipment Provider who has a written agreement with Blue Cross and Blue Shield of Illinois or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.
• A ‘‘Non-Participating Durable Medical Equipment Provider’’ means a Durable Medical Equipment Provider who does not have a written agreement with Blue Cross and Blue Shield of Illinois or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.
• EARLY ACQUIRED DISORDER.....means a disorder resulting from illness, trauma, injury, or some other event or condition suffered by a child prior to that child developing functional life skills such as, but not limited to, walking, talking, or self-help skills. Early Acquired Disorder may include but is not limited to, Autism or an Autism Spectrum Disorder and cerebral palsy.

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