“Many healthcare facilities are stocking only higher strength medications so they can save costs on formulary inventory and conserve space,” says TCG CEO Duane Chudy. “Splitting pills can potentially save healthcare plans, long-term care facilities, and hospitals hundreds of thousands of dollars annually.”

Studies on cost savings from tablet splitting date back to 2002, when Stanford University researchers found that splitting pills from 11 medications commonly used in its health plan provided savings ranging from 23% to 50%.

“BullsEye splits pills five times more accurately than manual splitters,” says Matt Noffsinger, VP of business development for the company.

“The device is designed to handle a wide range of pill sizes and types, making it suitable for all pharmacy markets.”