Just the Remedy to Save Money; STUDENTS AND PHARMACIST COME UP WITH SOFTWARE IDEA THAT COULD CUT NHS DRUGS BILL
Byline: KAREN HAMBRIDGE
A GROUP of pioneering Coventry computer students have hit on a simple way to potentially shave millions off the NHS drug budget.
A chance conversation between a pharmacist and one of the University of Warwick undergraduates sparked the creation of ScriptSwitch, specialised prescribing software.
The software gives doctors alternatives to the pills and potions they might ordinarily offer with the potential for savings to be made.
According to initial estimates as much as 10 per cent could be trimmed off - meaning something like pounds 500 million a year might be cut from the total NHS budget.
To market the product, the students, together with pharmacist Kelvin Acford, have formed their own company, AKM Software.
Presentations are being made to Primary Care Groups across the country and the software was being officially launched at the BBC Innovate Exhibition at Earl's Court today.
Mr Acford said: "When we worked out potential savings across the NHS we could not believe the figure of pounds 500 million. We went over and over the calculation and only then realised the enormous potential of ScriptSwitch to the NHS. …