Healthcare Business Review

Advertise

with us

  • APAC
    • US
    • EUROPE
    • APAC
    • CANADA
    • LATAM
  • Home
  • Sections
    Business Process Outsourcing
    Compliance & Risk Management
    Consulting Service
    Facility Management Services
    Financial Services
    Healthcare Consulting
    Healthcare Digital Marketing
    Healthcare Education
    Healthcare Marketing
    Healthcare Procurement
    Healthcare Staffing
    Medical Staff Training and Development
    Medical Transportation
    Nurse Staffing
    Plastic Surgery
    Regenerative Medicine
    Therapy Services 
    Business Process Outsourcing
    Compliance & Risk Management
    Consulting Service
    Facility Management Services
    Financial Services
    Healthcare Consulting
    Healthcare Digital Marketing
    Healthcare Education
    Healthcare Marketing
    Healthcare Procurement
    Healthcare Staffing
    Medical Staff Training and Development
    Medical Transportation
    Nurse Staffing
    Plastic Surgery
    Regenerative Medicine
    Therapy Services 
  • CXO Insights
  • News
  • Vendor Viewpoint
  • Conferences
  • CXO Awards
×
#

Healthcare Business Review Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Healthcare Business Review

Subscribe

loading

Thank you for Subscribing to Healthcare Business Review Weekly Brief

  • Home
  • CXO Insights

Trends In Pharmacy Technology And Administration

Healthcare Business Review

Karen Lin, Pharm.D., MPH; and
Tweet

Originating from the Affordable Care Act in 2010, a series of national initiatives, including Hospital Value-Based Purchasing Program and Hospital Readmissions Reduction Program, were created to improve the quality of healthcare delivery for people in the United States. The age of value-based healthcare is driven by the goal to provide better quality health, to improve patients’ healthcare experience, and to deliver services at lower costs. Moving away from the traditional fee-for-service reimbursements, providers are financially rewarded more through the quality of care provided and patient outcomes. Driven by quality, this era is focused on thinking outside of fragmented care and moving in the direction of healthcare collaboration at all points of the patient’s healthcare journey. Accountable care organization (ACOs), defined by Centers for Medicare and Medicaid Services, became the ideal model of a collaboration consisting of a team of doctors, hospitals, and other healthcare providers to give high-quality, coordinated care to patients they serve. Coordinated care ensures that patients, specifically chronically ill patients, get the right attention at the right time.


It is no secret just like any other industry, the effort toward better quality health care creates a market demand that many healthcare disruptors have identified. The need for improved quality of care, while utilizing the same or reduced resources, demands for large shifts in the healthcare industry by redefining the way we deliver care. New technological innovations, optimization of services, and streamlined processes continuously are implemented relentlessly as healthcare disruptors, and long-standing healthcare organizations promise to reform. Information sharing through an electronic health record, use of barcode scanning technology, computer-assisted surgical systems, medication delivery system, and telemedicine are only examples of how technology is being utilized to change this healthcare era. The technology disruption further revolutionizes the amount of data available for advancing transformations in the industry. As a result, more than ever, data scientists are needed to interpret data, facilitate discussion, and influence informed decisions to improve the quality of care.


In the pharmacy space, we must embrace technology and automation to improve the quality, safety, and efficiency of healthcare delivery. As an integral part of the drug distribution system, pharmacy is leveraging IV robotics, radio-frequency identification, IV workflow management systems, dispenser robots, bidirectional IV pumps, drug diversion analytics and more to minimize the likelihood of human error and increase pharmacist roles in patient care activities. In current hospital inpatient pharmacies, from physician order entry, pharmacist verification to medication dispensing, the practice is completely automated. The goal is to close the loop for medication management further and automate the entire drug distribution system. Another goal would be to enhance the ability of various systems to interface or integrate to further optimize medication delivery. In an ideal state, instead of multiple vendors, there will be one industry vendor providing all solutions to ensure a seamless interface between the entire system, including optimizing technology with supply chain vendors through procurement.


"In the pharmacy space, it is imperative we embrace technology and automation to improve quality, safety and efficiency of healthcare delivery"


The healthcare landscape is continuously changing. Healthcare disruptors are transforming the use of technology in areas such as diagnostics, treatment, and care delivery. Leveraging technology to gain efficiency in dispensing is instrumental to allowing pharmacists and technicians to be involved in more direct patient care services. Today, when a patient comes to a hospital, they expect to see a physician and nurse but not necessarily a pharmacy member. With this new era, let’s change that expectation, so instead, when a patient comes to a hospital, they expect to see a physician, nurse, and a pharmacy member at the frontline engaging in their healthcare needs. 


Weekly Brief

loading
> <
  • Current Issue
  • Current Issue
  • Current Issue
  • Beyond the Counter: Elevating Pharmacy Technicians through Education and Leadership

    Elone Winston, Program Director, Mount Sinai Health System
  • Leading Effective Optimization in Health System Industry

    Kevin Mahler, Assistant Director- Medication Safety, Pharmacy Automation, Regulatory Compliance, and Diversion, The University of Kansas Health System
  • Rebuilding Pharmaceutical Supply Chains with Purpose: Resilience, Agility, and Alignment in a Post-Pandemic Era

    Danielle Sestito, Assistant VP, Pharmacy Services, Northwell Health
  • First stab at medication reconciliation

    Scott Milner, Regional Director of Pharmacy at Saint Alphonsus
  • Patient Counseling Post Pandemic: The Role of The Pharmacist

    Serena Evans, Director, Pharmacy Services - Specialty Pharmacy, Stanford Health Care
  • Healthcare Tech And Humans

    Neil Creasey, Director Of Pharmacy Operations, Holzer Health System
  • How Revenue Integrity in Pharmacy could Supercharge Your Organization

    Andre Harvin, Executive Director of Pharmacy, Oncology, Cone Health
  • Leading the Change in Pharmacy by Enabling Technologies

    Ghalib A. Abbasi, System Director, Pharmacy Informatics, Houston Methodist

Read Also

The Importance of Patient-first Approach To Innovation

The Importance of Patient-first Approach To Innovation

Dr. Aivee Teo, Founder, President and Medical Director, The Aivee Clinic
READ MORE
Combining Expertise Across Borders to Implement Equitable and Sustainable Precision Cancer

Combining Expertise Across Borders to Implement Equitable and Sustainable Precision Cancer

Kjetil Tasken, Head and Director of Institute of Cancer Research, Oslo University Hospital
READ MORE
Takeaways from Incorporating the Patient Experience as a Strategic Element and Enabler to Foster a Culture of Innovation through the Hospital

Takeaways from Incorporating the Patient Experience as a Strategic Element and Enabler to Foster a Culture of Innovation through the Hospital

Joan Vinyets i Rejón, Head of Patient Experience, Barcelona Children’s Hospital Sant Joan de Déu
READ MORE
Revolutionising patient education: How a Start-Up called HelloProfessor is changing the game

Revolutionising patient education: How a Start-Up called HelloProfessor is changing the game

Sophia Neisinger, Dermatology Resident & Head Digital Health Program, Charite
READ MORE
The Hidden Costs of Vendor Contracts: How Boilerplate Terms Can Undermine Hospital Budgets

The Hidden Costs of Vendor Contracts: How Boilerplate Terms Can Undermine Hospital Budgets

Cesar A. Roman, Director of Strategic Sourcing and Procurement Operations, University Health
READ MORE
The Rise of the Healthcare Innovator

The Rise of the Healthcare Innovator

Ryan Kerstein, Associate Medical Director for Innovation and Research, Buckinghamshire Healthcare NHS Trust
READ MORE

The Hidden Costs of Vendor Contracts: How Boilerplate Terms Can Undermine Hospital Budgets

Cesar A. Roman, Director of Strategic Sourcing and Procurement Operations, University Health

The Rise of the Healthcare Innovator

Ryan Kerstein, Associate Medical Director for Innovation and Research, Buckinghamshire Healthcare NHS Trust

Efficiently Implementing Preventative Maintenance Programs with Skilled Engineers

Mark Hornby, Medical Engineering Manager, Northern Care Alliance NHS Foundation Trust

Revolutionizing Podiatry for Efficient Patient Care

Ron Guberman, Director of Podiatric Medical Education and Co-Chief of the Podiatry Division, Wyckoff Heights Medical Center
Loading...
Copyright © 2025 Healthcare Business Review. All rights reserved. |  Subscribe |  Sitemap |  About us |  Newsletter |  Feedback Policy |  Editorial Policy follow on linkedin
CLOSE

Specials

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://pharmacy-service.healthcarebusinessreviewapac.com/cxoinsight/trends-in-pharmacy-technology-and-administration-nwid-608.html