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Lowering Carrying Costs and Increasing ADC Dispense Percentage at Atrium Health

Omnicell

But when you can see into medication inventory to identify opportunities to optimize medication management, you have the key to enhance clinical and business outcomes as well as improve efficiency by reducing medication waste, expirations, stockouts, and shortages.

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What Is Medication Waste Costing You?

Omnicell

Poor inventory visibility and manual processes make it difficult to dispense medications before they expire. This kind of optimization isn’t possible with spreadsheets, forms or manual processes. To confront these challenges, Baptist Health pharmacy leaders sought a holistic, systematic approach to inventory management.

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Why Intelligence Is Essential to Your Cabinet Strategy

Omnicell

As ADC systems have evolved, some are now connected to sophisticated data intelligence systems, helping them to play a more prominent role in optimizing pharmacy inventory. Some may think of the ADC as simply a storage unit for nursing, but in reality it plays a critical role across the medication management ecosystem.

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Inventory Management: It’s money on the shelves.

indispensable health

Inventory management is a crucial aspect of any business, like pharmacy, that deals with physical products. The term inventory refers to the stock of products or materials that a business keeps to meet the demand of its customers. Importance of Inventory Management Inventory management is essential for businesses in various ways.

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Inventory Visibility helps Saint Luke's Health System

Omnicell

As part of a multidimensional approach to medication inventory management, Saint Luke's chose Omnicell intelligence solutions and services. Pharmacy leaders focused on par-level management because 20 percent of inventory accounted for 80 percent of drug expenditures.

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ASHP Midyear 2022: Partnering for Optimized Pharmacy Outcomes

Omnicell

We've missed connecting with our pharmacy and healthcare colleagues in person, and can't wait to share the new technology, insights, and services that are addressing the biggest challenges in medication management. We're your partner in transforming pharmacy care and optimizing business and clinical outcomes.

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What Does It Mean to Manage Inventory With Purpose?

PDS Blog

Inventory management has a huge financial impact on your independent pharmacy. When your inventory isn’t being managed in an optimal way, it means cash is sitting on your shelves instead of in your pocket. The post What Does It Mean to Manage Inventory With Purpose? appeared first on Pharmacy Development Services.