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How Accurate are Drug Expiration Dates and Could Ignoring Them Save Millions?

With drug prices increasing 7.3% a year, hospitals are doing everything they can to cut back on spending. Beyond finding ways to reduce costs—including increasing inventory transparency and proactively navigating drug shortages—industry leaders are working to extend existing drug inventories…

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Technology’s Role in Navigating Hospital Drug Spend

A recent study by the American Hospital Association and the Federation of American Hospitals showed that between 2013 and 2015, inpatient drug spending increased an average 23.4 percent annually, and 38.7 percent on a per admission basis. Given the recent…

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Pharmacy Automation on the Rise

Reports are showing an increase in the adoption of pharmacy automation. This can be attributed to the crackdown on the increasing number of preventable medical errors, which, according to an article on WhaTech.com, pharmacists and healthcare providers are being tasked…

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From Super Bowls to Super Storms: Automated Dispensing Cabinets for Mobile Emergency Care

One would not normally think of automated dispensing cabinets (ADCs) as being mobile. However, for one New Jersey medical institution they now are! As a result of the events of September 11th, Hackensack University Medical Center (UMC) received federal funding…

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8 Tips for Implementing Carousel Technology in Your Hospital

Carousel technology is able to greatly improve medication safety and efficiency of pharmacy inventory management by automating the storage, distribution and ordering of medication. Despite the advantages of pharmacy carousels, the transition to a fully automated system takes effort and…

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Moving Away From the WhiteBoard: When Drugs Are in Short Supply

Drug shortages are happening at an alarming rate.   According to a 2013 study by the Abramson Cancer Center and the Perelman School of Medicine at the University of Pennsylvania, 83 percent of cancer doctors reported that they have faced shortages in…

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