ABC Analysis in Medical Inventory Management

ABC Analysis in Medical Inventory Management

In hospitals, more than a third of the budget is allocated to supplies. According to a case study by the SAC College of Pharmacy, introducing inventory control measures for managing the most expensive medicines in a 1500-bed government-run hospital can …

A buy-and-bill approach covers the distribution, administration, and reimbursement of drugs. Here are its main benefits, cons, and alternative methods.

What is Buy-and-Bill, and What is it Used For?

When physician offices make purchasing decisions for acquiring drugs, they usually follow a buy-and-bill process. The ‘buy’ aspect refers to providers ordering the medication, while the ‘bill’ has to do with getting reimbursements from third-party payers. This model offers several …

There are many benefits to using medical inventory software in your clinic.

How Using Medical Inventory Software Helps Your Clinic

The healthcare sector is growing thanks to greater access and consistent life expectancy increase. As a result, many clinics are struggling to keep up with the demand and improve their return on investments. This is why most healthcare organizations are …