Software-Driven Systems for the Pharmaceutical Industry

Pharma Tech Outlook: Pharma Tech Magazine

Software-Driven Systems for the Pharmaceutical Industry

By Pharma Tech Outlook | Thursday, September 12, 2019

ERP software system is enabling the pharmacists to easily reconcile and procure medications from various sources.

FREMONT, CA: The pharmaceutical industry is transforming at a rapid rate. Software programs are facilitating the environment that will foster the growth of the pharmaceutical industry. Pharmacy software systems are also termed as medication management system with various core functions, especially out and inpatient order entries, inventory, stock control, information, and purchasing.

Pharmacy software encompasses an ability to connect to other systems which include a computerized physician supporting system, similar to order entry, barcode technology, and an EMR. Pharmacists can easily reconcile and procure medications from various sources with the incorporation of a service friendly, integrated ERP software system. For instance, the software-driven systems can be highly useful outside retail pharmacies and mail-order pharmacies, thereby eliminating the need for handwritten prescriptions. Possibilities of clinical errors are also reduced in case of a pharmacy inspired enterprise resource planning software package due to a centralized processing screen.

An innovative ERP system provides the pharmacists with the ability to process medications from a single centralized screen, acting as a pharmacy dispensing interface system to maintain inventory levels on point and a formulary service interface for quick access. Enterprise resource planning software includes the easy entry of varying order types, benefits for the pharmacy industry, IV’s, universal protocols for medications, total parental nutrition (TPN), drug/disease interaction, drug interaction screening, elimination of drug dose elimination, and state/federal compliance monitoring. ERPs help in the reduction of cost via their several features that precisely automate the substitution of standard formulary meds and prescriptions that are based on frequency, dose, and route conversions.

Pharmaceutical software systems allow pharmacists to observe medication treatment and to improve patient safety and medical outcome. Such suite of systems easily gels with other pharmacy automation parts when it comes to dispensing meds. Moreover, the pharmacy staff gains direct access to intervene and avoid potential issues. The ERP software systems grant access to an individual’s historical information plus accounts receivable integration that allows creating bills and /or patient charges accurately.

ERP pharmacy suite systems can be customized, which will enable to automate labeling each medication and to calculate the number of labels that are required, plus expiration dates for each med. The software system for pharmaceutical distribution enables support for distribution, medication ordering, management, and clinical activity levels.

The system allows healthcare organizations to enhance pharmacy resources, improve outer and interdepartmental workflow, each of which ensures safety and an effective interdisciplinary therapy and communication process. An efficient ERP pharmacy system combines clinical tools to allow an error-free communication environment among administrators, clinicians, patient records, and several other processes that could result in miscommunications and errors.

Owing to modern software innovations, pharmacy ERP suites are also mobile. Both WiFi and cellular networks are used by wireless mobile pharmacy software to communicate. Mobile software networks are still offering Cloud inspired features such as medication orders between the health care facilities and the pharmacy. Such solutions enable the pharmacy to fill the prescription and send the patient and pharmacy data to a doctor’s office, hospital, nursing facility, clinic, and others. Moreover, being window-based software, pharmacists can receive and send text messages and e-mails, make imaging, notification alerts, and more.

One of the key features of a pharmaceutical system is its quality to be a pharmacy billing management system. Pharmacy staffs spend less time to process claims without errors, revise claims, and which of the claims can integrate with Medicare. Such suite of software platforms can also be customized to:

• Support built-in coding and billing rules

• Submit direct medical claims to the pharmacy software system

• Convert claims according to a proper format that can be submitted quickly to commercial players utilizing a pharmacy’s existing contracts.

Check out: Top Pharmacy Management Technology companies

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