Sydney Uni software helps hospitals cut medicine bill

The Australian

25 July 2018 - A software platform developed at the University of Sydney could save Australia’s hospitals more than $100 million by simplifying their drug purchases.

The software, built by the university’s Sydney Informatics Hub in conjunction with Westmead Hospital, can replace the highly laborious task of selecting the most cost-effective pharmaceuticals to use in hospitals.

“There are several thousand lines of pharmaceuticals that are procured and managed across Westmead, and pricing for each is influenced by market dynamics — that is, competition, patent expiry, supply chain and government policy,” the hospital’s head pharmacist David Ng said.

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Michael Wonder

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Michael Wonder