Functions of the committee
1. Establishes and maintains the formulary system
2. Selects medications for formulary inclusion by considering the relative clinical, quality of life, safety, and pharmacoeconomic outcomes
3. Evaluates medication use and related outcomes
4. Prevents and monitors adverse drug reactions and medication errors
5. Evaluates or develops and promotes use of drug therapy guidelines
6. Develops policies and procedures for handling medications to include their procurement, prescribing, distribution, and administration
7. Educates health professionals on the optimal use of medications