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.