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4 Strategies to Mitigate Drug Shortages with Smarter Pharmacy Purchasing

4 Strategies to Mitigate Drug Shortages with Smarter Pharmacy Purchasing

Discover 4 strategies to mitigate drug shortages with smarter pharmacy purchasing. See strategies today!


This white paper will discuss four strategies to mitigate the effects of drug shortages. 

According to the American Society of Health-System Pharmacists (ASHP),  the number of active ongoing drug shortages reached a new peak of 301 in the first quarter of 2023. That’s the highest amount since 2014. But it doesn’t take recordsetting drug shortages to affect a pharmacy or its patients. Failing to dispense medication just once can disrupt a patient’s medical treatment and their confidence in their local pharmacy.

Drug shortages may continue to rise, but pharmacies can maintain high-quality patient care and their business’s success. That requires smarter purchasing: strategies to optimize their procurement process and manage purchasing and inventory through a unified solution. 

SureCost

SureCost News & Announcements

The Smarter Procurement SolutionTM: SureCost is the only end-to-end platform built to unify and elevate your procurement process without disrupting how you work, because in today’s pharmacy market, “good enough” software isn’t good enough. By bringing your entire vendor catalog into one place, SureCost automates purchasing decisions, strengthens compliance and helps pharmacies consistently save 2–5% on cost of goods while delivering 6x to 30x ROI. Features like Drug Shortage InsightsTM, automated substitution management and advanced analytics give you real-time visibility and control across every order. Backed by a Success team with over a century of pharmacy experience, SureCost connects all your vendors, integrates with your pharmacy system and replaces manual, error-prone workflows with a smarter, more efficient process, so you save more, stay compliant and work smarter.

RXinsider Staff

Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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