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Medical & Health Care

RFID Technology Pivotal Role in Modern Pharmacy Management

Solution updated on: 2017/5/1 21:57:38 - by - - RFIDtagworld XMINNOV RFID Tag Manufacturer / SolutionID:1852


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KEY FEATURE OF RFID Pharmacy Management

  • Improved Patient Safety. The utilization of RFID technology heightens patient safety by minimizing the probability of medication mistakes.

  • Enhanced Efficiency. RFID technology optimizes pharmacy operations, minimizing the time and effort needed for inventory management, prescription dispensing, and record-keeping.

  • Cost Savings. Through the reduction of medication errors, minimization of inventory wastage, and the optimization of workflows, pharmacies can achieve long-term cost savings.

  • Compliance and Reporting. Pharmacies can easily generate compliance reports and track medication dispensing patterns using RFID data, helping them adhere to regulatory requirements.

  • Real-time Visibility. RFID technology provides real-time visibility into medication inventory, ensuring that medications are always available when needed, reducing the risk of stockouts.


IMPLEMENTATION & VALUE POINT of RFID Pharmacy Management

  • The manual management of pharmacy-based medication kits is a labor-intensive process rife with opportunity for error, especially during inventory and restocking. For hospital facilities that manage a large number of medication kits and trays, ensuring that every medication and pharmacy product is accurate, within expiration dates, and accounted for before and after use can be a challenging task. While bar coding all medications to the dose level can assist greatly in inventory management, human error remains when stocking and managing medication kits. 

  • In recent years, a new technology has been applied to medication tracking and management—radio frequency identification (RFID). The application of RFID to pharmaceutical tracking and management promises to assist in developing a comprehensive system for controlling medication kits and trays.

  • Incorporating RFID tags into medication packaging enables pharmacists to perform real-time verification of each product's authenticity. As soon as the stock nears a predetermined threshold, the system can automatically initiate the reorder process, minimizing the chances of medication shortages and ensuring timely prescription fulfillment for patients.