Finding the budget for new ideas
The NHS is entering the annual budget cycle. How can you find space for innovation when cash is so tight? Triscribe Meds Data Health Check can help you make the case for change.
Your hospital is about to enter the annual budget cycle. Money will be tight. Maybe tighter than ever. There may be some innovative ideas you would like to try. Annual budget cycles work against innovation. They demand a payback within a year.
How can you fund investment on that basis? How will you find the cash when the numbers say you can’t even afford everything you did last year?
Hopefully one of those new options is Triscribe. I would love you to set aside money in next year’s budget for Triscribe. I know that’s a tough ask. So here an option which might make it easier.
Med Data Health Check
I introduced our free Meds Data Health Check a few weeks ago. One thing I had in mind is exactly this: the budget cycle. The health check allows you to prove the value of Triscribe for your hospital with no upfront commitment. It uses your data to generate the numbers for your business case. We focus on KPIs that demonstrate payback within one year.
The process is simple:
Kick off your free meds data health check now. There is no cost. It takes 6-8 weeks to complete the work. The output provides you with clear evidence of the value of Triscribe before the next financial year.
All the evidence is based on actual data from your hospital. This is much more powerful than third party references.
You will receive a report which includes KPIs and benchmarking showing the benefits of Triscribe. We identify additional areas that could help you meet your next budget. We also highlight any data quality issues.
You also get access to the Triscribe app. This allows you to explore your own data in your own time. Most likely, you will spot more areas for improvement.
The final output is an adoption plan. So you know the change needed for your team to deliver benefits from Triscribe.
I am confident the numbers from the health check will show that Triscribe can more than pay back within one year. Even if the cost is not in your budget for next year, this forms the basis for your business case. That business case will show how your pharmacy team can deliver savings beyond your budget goals. Then we can have a proper conversation about your hospital becoming a Triscribe customer.
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