Providing Access to Inventory Management Solutions
Posted Thursday, May 30, 2019Did You Know? There is an estimated $3 billion each year in medication waste from oncology drugs alone
Save Time with Simplified Inventory Management
Effective Inventory Management could potentially pay for itself within the first year of being established
01 | Product Control
Inventory management systems allow for complete control and monitoring of your practice’s products. Thorough records of access and dispense logs ensure that inventory is used properly with authorized access. By having increased security and control of medications, controlled substances and general supplies, your practice can focus on what matters most, your patients. Inventory management controls assist with:
- Improved accuracy of medication administration
- Dosage control
- Expiration management
- DEA compliance
- Patient care efficiencies
- Billing accuracy
02 | Automated Systems
Inventory management systems help maintain and monitor necessary product quantities. These programs can easily display and report current inventory and inventory history. Information in product usage allows for proactive action into adjusting order quantity for improved efficiency. Systems can be implemented to automatically generate orders based on minimum and maximum levels set in the program. These systems can also have automation of charge capture in areas prone to inaccurate charges like treatment, surgery, lab and back stock.
03 | Diverse Options
With every practice having different inventory needs, physicians need the right option to suit their practice. There are a variety of inventory tracking methods and systems that can be selected to cater to your practice. Whether a practice is monitoring food and nutrition, large items, laundry, temperature controlled products, general supply, medications, etc., there is an inventory management solution that can benefit even the smallest practice. After properly evaluating the current inventory needs and goals of a practice, a system can be chosen that provides all the benefits for a more efficient and effective practice.
Learn More
Contact us today to learn more about inventory management services and resources available to Matrix GPO members, as well as new and exciting services available to the health care industry. Click here to visit the Matrix GPO website and fill out an enrollment form.
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