Monarch Inventory Services is a trusted leader in healthcare inventory, specializing in accurate and efficient inventory services for hospital, health-system, specialty, and retail pharmacies. With decades of pharmaceutical counting experience, our teams understand the complexities of medication inventories, including package sizes, units of measure, high-value products, controlled substances, and site-specific reporting requirements.
Every Monarch auditor is a company employee—not a temporary worker or independent contractor—and receives specialized training to meet our standards for accuracy, professionalism, safety, and accountability. Supported by experienced team leaders and management, our auditors work quickly and precisely while minimizing disruption to hospital or retail operations.
Retail Pharmacy:
Accurate, regularly scheduled inventory counts can help retail pharmacies identify discrepancies, manage purchasing more effectively, and maintain the right balance of in-stock products without tying up pharmacy staff. Monarch’s experienced inventory teams work around the demands of active retail pharmacies, providing detailed counts and actionable insights while minimizing disruption to daily operations.
- Accurate, Detailed Inventory Counts
- Reduce Staff Workload
- Pharmacy Product Knowledge
- Minimize Operational Disruption
- Flexible Reporting & Customized Requirements
Hospital Pharmacy:
Hospital pharmacy inventory is complex, with multiple departments, clinics, medication types, pricing structures, and constantly changing inventory to manage. Monarch provides detailed inventory services designed to give hospital pharmacy teams an accurate, actionable view of their inventory while allowing staff to remain focused on patient care.
- Comprehensive, Detailed Inventory Counts
- Minimize Staff Workload
- Actionable Inventory Reporting
- Experience with GPO, WAC & 340B Pricing
- Complex Hospital & Multi-Campus Inventory
- Advanced Pharmacy Database Technology
Healthcare Assets:
Accurate asset tracking is essential for healthcare organizations managing equipment across facilities, departments, and locations. Monarch provides comprehensive asset inventory services that help organizations identify what equipment they have, where it is located, and how it is being managed—supporting better budgeting, operational efficiency, maintenance tracking, and compliance.
- Comprehensive Asset Inventories
- Equipment Location & Tracking
- Asset Lifecycle Management
- Maintenance & Compliance Tracking
- Accurate Financial & Operational Data
- Flexible Tools & Reporting
Healthcare Supply:
Healthcare organizations rely on a wide range of medical, surgical, maintenance, and operational supplies to keep facilities running smoothly. Monarch provides inventory services designed to help healthcare organizations accurately track these supplies, identify gaps, and ensure teams have the information they need to maintain efficient day-to-day operations.
- Medical & Surgical Supply Inventory
- Maintenance Parts & Supplies
- Accurate Supply Tracking
- Inventory System Verification
- Flexible Data Capture & Reporting
