Medication management systems generate large amounts of data that can be strategically mined to improve inventory management, reduce carrying costs and enhance productivity, transforming the delivery of healthcare. Automated dispensing systems not only safely and securely store and dispense medications, they also contain a wealth of data that can be leveraged through a variety of data mining mechanisms to inform decision making. The automated dispensing system can help predict, prioritize, and manage inventory to arrive at cost efficiencies for the pharmacy and the facility. Because every unit dose of medication can be inventoried and tracked, facilities have the capability to mine pharmacy data for performance optimization opportunities that improve efficiency and reduce cost.
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