Farah, Nicole
(2021)
Medication inventory optimization and oral solution workflow implementation and integration into pharmacy inventory management system.
Master Essay, University of Pittsburgh.
Abstract
Pharmacy teams continually innovative practice models to satisfy the financial goals of their hospitals. As medication costs are anticipated to persistently rise, many strategies aimed at drug utilization have been recommended to reduce this cost burden on hospitals. Additionally, optimized pharmacy inventory can improve the hospital’s ability to provide comprehensive patient care. Medication stock-outs and expirations lead to interruptions in care; diligent inventory management can ensure patients will receive continuous access to necessary medications throughout the duration of their stay.
Allegheny Health Network inpatient pharmacies currently utilize an automated inventory management system. At Allegheny General Hospital (AGH), a need for further optimization of current par levels has been identified to meet changing inventory demands. Average stock-outs are approximately 300-500 per month, leaving room for improvement. Additionally, oral solutions are not currently integrated into this system. The purpose of this study is to optimize current inventory par levels and to integrate oral solutions into the automated pharmacy inventory system at AGH.
This project is relevant to public health, as hospitals must find effective ways to identify potential waste and delays in services that do not add value to the patient experience and eliminate them. Improving medication supply-chain strategies can increase nursing time at the patient’s bedside and reduce expenditure on wasted or expired medications that can be reallocated to value-add patient care services.
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