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Inventory man.(13)

QuestionAnswer
Inventory A listing of all the goods or items that business will use in its normal operation
Is the integral part of a technician's job responsibilities Inventory management
Formulary A list of medications approved for use
Open formulary A system that allows a pharmacy to use any prescribed medication
Closed formulary A limited list of approved medications
Which formulary is used as a cost-savings tool? open or closed? Closed because generic drugs can be used instead
Therapeutically equivalent Pharmaceutical equivalents that produce the same effects in patients
When are formulary medications routinely reviewed
When new information is available about side effects or contraindications Arwen there are look-alike and sound-alike medications
what do pharmacies participated in order to negotiate contracts to buy in bulk additive GPOs purchasing organization
What percentage of pharmaceutical manufacturers sales are directly to drug wholesalers 2/3
Why are wholesalers beneficial to pharmacies Because they greatly simplify the whole purchasing process Saving Time effort and money
Len the wholesalers are not available what do pharmacists do They can go directly through the manufacture
In terms of pharmaceuticals what role does the government play Regulating controlled substances do the DEA
The 340B Drug Pricing Program Resulting from the veterans Health Care Act it limits the cost of cover outpatient drugs to safety-net Providers such as Federal grantees Federal qualified Health Center look like and qualified hospitals
What is needed to generate and maintain adequate inventory from a pharmaceutical inventory system Trax inventory forecast needs and generates reorders
What is the goal of a good inventory To have the right amount of stock at the right price available at all times
Perpetual inventory system A system that maintains a continuous record of every item in inventory so that it always shows the current amount of stock on hand
Inventory spoilage Time or storage conditions may cause the chemical compounds in medication to break down resulting in either lost potency or change function
Safe Drinking Water Act Requires safe disposal of medications
Turnover The rate at which inventory is used generally expressed in number of days
20% of the stock will account for how many percentage of the orders of your prescriptions 80%
Point of sale system (pos) An inventory system in which the item is deducted from inventory as it is sold or dispensed
What happens when a drug which is minimum inventory 3 order can be made using one of these handheld devices that scan a barcode sell tag
Reorder points Minimum and maximum stock levels that determine when the order is placed and for how much
Automated dispensing system A device that dispenses medications at point of views upon confirmation of an order that has been communicated from a centralized computer system ( especially in hospitals database)
Database A collection of information structured so that specific information with it can easily be retrieved and used
Parata max A retail automated accounting system that holds different drugs with the cells are replenished for accuracy
What is an example of an automated dispensing system The Pyxis Med Supply system
step 1 of automated ordering Generate order by using in order entry device or automatically generated by the system based on stock levels and reorder points
Step 2 of automated ordering Through The ordering system and the suppliers system, communication is underway
Step 3 of automated ordering The supplier system analyzes the order line by line to determine if there is enough inventory to fill the order as requested
Step for automated ordering If available a message will be sent to the purchaser as requested. If order cannot be filled message will be sent listing the exceptions to the purchaser where a second purchase order will be possible
Material safety data sheet OSHA required notices on hazardous substances that provide Hazard handling clean-up and first aid information
Purchase order number The number assigned to each order for identification
NDC Nash National Drug code
What are the regulations for repackaging medications by USP and state laws Using the manufacturer's original expiration date or an expiration date no later than 12 months from the date that medication is repackaged where a log is kept
Most trucks are cats in a fairly constant room temperature at what 59 - 86 degrees Fahrenheit
In the hospital's what barcodes are used to identify a product Bedside medication verification BMV
What are the requirements for physical organization of medication Each medication should be organized from the oldest in the back to the front. Enough space should be made to prevent selecting wrong meds and to prevent Mix-Ups names shouldn't not be similar side each other
What does cosignment mean The pharmacy does not pay for them on until patient purchases them especially for high-cost medications
In a controlled commercial refrigerator or freezer what's the required temperature the temperature should be between 36 to 46 degrees Fahrenheit
What does DME stand for Durable medical equipment
What's the difference of ordering DME between hospitals and Retail In the hospital as these items are found in Central Supply or distribution departments but with retail they would be ordered on a next-day basis from wholesalers
Unit dose Packaging A package containing a single dose of medication
Created by: MelB85
 

 



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