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Record-Setting Drug Shortages Don’t Have to Compromise Patient Care

Record-Setting Drug Shortages Don’t Have to Compromise Patient Care

Learn ways to approach the uncertainty of drug shortages to ensure continuity of excellent patient care without affecting your pharmacy’s bottom line.


Pharmacy professionals are all too familiar with drug shortages. Yet 2023 surprised the industry with a new record: 301 active drug shortages in the first quarter alone according to the American Society of Health-System Pharmacists (ASHP). That’s the highest figure since 2014. 


It’s easy to see what this means. When pharmacies can’t purchase products, patients can’t get their medications. That disrupts the patient’s care, breaks down confidence in their pharmacy and drives them to seek other options. The impact on patients creates challenges for your business. Drug shortages could mean lost patients that leads to lower margins. Retail pharmacies, long-term care providers and acute care facilities all face these cascading difficulties.


It’s a new year with the same pain from drug shortages, which seem to only intensify as we move forward. Competitive pharmacies don’t just react; they develop proactive strategies and harness intelligent solutions to ensure continuity of patient care—without putting a strain on their staff or bottom line. Read more >

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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