New technology in pharma field

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Slide 1:

WELCOME NEW TECHNOLOGY IN PHARMA FIEALD

Slide 2:

Emerging Pharmacy Technology: Rx for Success

Slide 3:

Challenges facing retail pharmacy Factors leading to a new generation of pharmacy software Technology considerations for retail pharmacy Time for new metrics Agenda

Slide 4:

14% utilize technology (beyond pharmacy dispensing system) in dispensing process (13% in 2002) 4% plan to install in 2006 (down from 6% in 2005) Interactive Voice Response (IVR) 11% use in Independents 8% plan to add in 2006 Independents-Tardy on Technology

Slide 5:

Technology Factors Current legacy systems and technology are outdated, using old code, and have been patched together with bolted on enhancements New and cheaper technology available Bar codes/scanning Robotics IVR Automated product machine (ATM) Factors Leading to New Generation of Pharmacy Dispensing Software

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Other Environmental Factors Increased Rx Volume New automation options to integrate with Rx dispensing system Improved workflow Alternate site activities Central Fill Central Processing Load Balancing Factors Leading to New Generation of Pharmacy Dispensing Software

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New e-prescriptions Required 26.6% less staff time for completion of five key dispensing activities Saved $0.97 per prescription in pharmacy labor costs Refill e-prescriptions Required 10.2% less time Saved $0.37 per prescription in pharmacy labor costs Electronic Prescribing

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Automated Product Machine for Patient Pick-up of Prescriptions Kmart Longs Use for pseudoephedrine “9 gram/month” How could this extend your reach to patients for routine refills (busy location, extended hours, etc.)? ATM Machine for Rx

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Integrating new technology into pharmacy dispensing process Dispense more Rxs safely with new technology (better controls) Comply with updated pharmacy laws and new laws Green considerations-less paper, more digital storage (Rx, signatures, patient records) Financial- studies show lower cost to dispense when properly deployed Benefits of Emerging Pharmacy Technology

Slide 10:

Swatantra Bahadur Singh