Data analytics can help you identify areas of improvement and enable you to thrive in a competitive environment. Data tools should provide easy-to-use, interactive dashboards that allow you to monitor pharmacy operations and identify areas for improvement. By leveraging this data, you can improve patient care, enhance quality performance, and increase profitability. These are all reasons why you should invest in pharmacy data analytics.

Cost

Depending on the type of pharmacy software you need, the cost of implementing an improved system can range from $15k to $30k. These fees include the software itself and any necessary hardware, including a workstation, server, barcode reader, thermal label printer, image scanner, and biometric fingerprint reader. Larger pharmacies may need additional workstations, scanners, label makers, and fingerprint readers.

Getting the right inventory management system is vital for pharmacy businesses. An inventory management system should include real-time inventory tracking, retail, and ambulatory pharmacies support and work directly with EDI interfaces. Additionally, inventory reports should be customizable to meet the needs of each pharmacy. This kind of insight is vital to cost management, as accurate data will minimize the amount of capital in inventory. A pharmacy’s inventory management system will help ensure a high level of patient care while at the same time reducing money tied up in inventory.

Benefits

Improving pharmacy software is crucial for several reasons. It will help pharmacists remain organized, but it can also help them save money. These systems have a range of benefits, including displaying stock levels in real-time. They should also provide real-time reports of stock levels, allow for multiple inventory centers, and be compatible with EDI interfaces. The reports must also be customizable for specific pharmacy needs, such as helping pharmacists track their costs and minimize the capital tied up in inventory.

The use of patient management and business intelligence add-ons in pharmacy software can help independent pharmacists improve patient care. These add-ons can help pharmacists identify non-adherent patients and enroll them in med-sync programs. Moreover, pharmacists can drill into patient-specific disease states and suggest changes in their medication regimens. These features can also be helpful for pharmacies that want to automate the ordering, delivery, and tracking processes.

Workload

When improving pharmacy software, you should consider implementing a system that measures the number of time pharmacists spends on patient care. Many pharmaceutical companies have implemented this system to improve pharmacist workflow and increase productivity. A good system will track and analyze pharmacist workload in various ways. It should allow pharmacists to make more informed decisions about patient care and improve clinical documentation. In addition, it should make the job easier for pharmacists by increasing their productivity.

The study was a prospective ethnographic observational design performed in six pharmacist-integrated multidisciplinary ambulatory care clinics. Participants were required to complete a survey about demographics, clinical site characteristics, and self-reported direct patient care activities. The study also included direct observations of participants over three clinic workdays to measure their workload in each clinical training. The study’s findings suggest that pharmacists spend most of their time documenting patient care activities.

Thus, improving pharmacy software will make the workflow easier for the pharmacists.