From manual counts to real-time intelligence: The shift to RFID for pharmacy inventory management
Medical supplies now account for 10.5% of the average hospital's budget — yet many hospital pharmacies still rely on manual counts, spreadsheet logs and barcode workflows that lose visibility the moment inventory leaves the central pharmacy.
As drug costs rise, shortages persist, and pharmacy workforce gaps widen, the financial cost of these workflows increases exponentially. Hospitals across the country are turning to RFID to restore visibility and reclaim time from procurement through administration.
This whitepaper details how Sentara Norfolk General Hospital, OhioHealth Riverside Methodist Hospital and CaroMont Regional Medical Center are using RFID to reduce waste, accelerate workflows and reclaim technician time. It also examines where barcode and dispensing-cabinet workflows fall short, what to ask vendors during evaluation and how RFID supports compliance under the updated USP <797> standards.
Inside the report:
As drug costs rise, shortages persist, and pharmacy workforce gaps widen, the financial cost of these workflows increases exponentially. Hospitals across the country are turning to RFID to restore visibility and reclaim time from procurement through administration.
This whitepaper details how Sentara Norfolk General Hospital, OhioHealth Riverside Methodist Hospital and CaroMont Regional Medical Center are using RFID to reduce waste, accelerate workflows and reclaim technician time. It also examines where barcode and dispensing-cabinet workflows fall short, what to ask vendors during evaluation and how RFID supports compliance under the updated USP <797> standards.
Inside the report:
- Why manual inventory processes, barcode-based solutions, and dispensing-cabinet workflows leave hospitals exposed to costly stockouts and waste
- How three health systems eliminated expirations, eliminated stockouts and achieved measurable ROI
- Key questions to ask vendors before committing to an RFID solution
- How RFID allows for greater inventory control, including faster recall resolution, proactive expiration monitoring, and PAR level optimization
Please fill out the form to download the whitepaper.