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Why Efficient Inventory Management is Crucial for Your LTC Pharmacy

Why Efficient Inventory Management is Crucial for Your LTC Pharmacy

In long-term care (LTC) pharmacy, pharmacies hold a high volume of medications, which also carry high inventory costs. The efficiency of your back-end operations, particularly inventory management, plays a silent but significant role in your financial health and overall success. Are you fully aware of the hidden costs that inefficient inventory practices might be inflicting on your bottom line? In this article, we'll delve into some key metrics that underscore the critical importance of effective inventory management in your unique setting and review some practices you can consider implementing today to improve your approach to inventory management in the pharmacy:
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