Stopping Pharmacy Pilferage & Revenue Leakage

Webinar Description

The pharmacy represents a critical source of profit margins for multi-specialty hospitals in India. However, due to disconnected workflows, it is also a major source of revenue leakage. Unlogged items, medication expiry, manual entry errors, and stock pilferage commonly cost hospitals 12% to 15% of their pharmacy margins monthly.

This masterclass is a practical session demonstrating how modern hospital networks use cloud-native software tools to eliminate stock leakages. We will explore how to set up automated stock reconciliation, enforce strict First Expiry First Out (FEFO) dispensing rules, and synchronize drug inventory directly with IPD nurse vitals charts and billing counters.

Key Discussion Points

• FEFO stock rotation: How to configure your POS system to automatically select the nearest-to-expiry batch for dispensing, reducing medicine wastage.
• Departmental stock requisitions: Eliminating paper notebooks by digitizing inventory transfers between the main store and secondary locations (OT, IPD wards).
• Expiry warnings: Setting up auto-notifications for store managers 90 days before batch expiries, allowing enough time for supplier returns or write-offs.
• Real-time inventory sync: Automatically posting pharmacy bills directly to patient invoices, eliminating unbilled discharges.

Featured Speaker