How MultiCare Saved $7.5M on Pharmacy Costs: Tyson Frodin on Strategic Supply Chain

Discover how MultiCare saved $7.5 million on pharmacy costs through innovative supply chain strategy and data-driven leadership. In this episode, Cole from the American Journal of Healthcare Strategy interviews Tyson Frodin, VP of Clinical Pharmacy, Supply Chain, and Technology at MultiCare, for an in-depth discussion on transforming pharmacy operations in a large health system.Tyson Frodin shares practical strategies for centralizing purchasing, leveraging pharmacy automation, and partnering with advanced data analytics firms to reduce costs and improve patient outcomes. Learn how MultiCare coordinated purchasing across 13 hospitals, updated their inventory management systems, and used actionable analytics to drive both acute care and retail pharmacy savings. Tyson also breaks down the impact of direct manufacturer contracting, strategic partnerships with companies like Mark Cuban’s Cost Plus Drug, and how these moves not only optimize costs but also enhance patient access and experience—especially in rural and critical access hospitals.Key topics include: pharmacy supply chain optimization, healthcare cost reduction, rural health strategy, 340B management, ambulatory footprint expansion, and the future of pharmacy procurement. If you're a healthcare leader, administrator, or pharmacy professional looking for actionable insights, this conversation is a must-watch.00:00 Introduction to Logistics Savings00:36 Meet Dr. Tyson Frodin01:47 Career Path and Leadership Journey03:43 Challenges and Opportunities in Rural Healthcare05:39 Strategic Growth and Partnerships11:50 Pharmacy Procurement and Cost Savings18:33 Leveraging Data Analytics for Better Outcomes25:59 Future of Pharmacy Supply Chain33:43 Conclusion and Final Thoughts