Health system pharmacy software now includes advanced location pricing and business intelligence capabilities
January 22, 2018 11:00 AM Eastern Standard Time
WINNIPEG, Manitoba–(BUSINESS WIRE)–ARxIUM, an industry-leading developer of pharmacy automation, workflow and consulting solutions, today announced new features for RxWorks Pro, an integrated software platform that automates and manages health system pharmacy operations. The software now includes enhanced location pricing with web-based ordering and business intelligence capabilities to improve speed of care, cost savings, and operational efficiencies.
The software’s integrated, web-based ordering feature provides health system pharmacies with a comprehensive tool to manage the fulfillment of satellite and clinic sites. The tool enables pharmacies to define formulary items for each location, track item usage patterns and capture financial transfers of goods based on advanced location pricing capabilities (340B, wholesale acquisition cost or group purchasing pricing). The application is easily installed and accessible via the web, and medications are ordered from a template which reduces order time for satellite locations and fulfillment time for pharmacies. In addition, the tool improves communications between pharmacy sites, as ordering locations can leave comments for the fulfillment site to view.
“The new features demonstrate our continued commitment to improving accuracy, efficiency and cost savings,” said Olivier Martin, executive vice president of sales and marketing of ARxIUM. “Health systems will have greater purchasing power and inventory management capabilities for satellite pharmacy sites, and the ability to make real-time, data-driven decisions to improve the pharmacy’s bottom line. It’s important to note, RxWorks Pro can easily integrate, unlike most of its competitors, with a health system’s enterprise platform and other manufacturers’ pharmacy systems.”
The RxWorks Pro business intelligence application provides customized dashboards to improve pharmacy operations and obtain actionable business insights. The dashboards can be configured to capture important data to meet enterprise objectives and other key metrics. It also allows pharmacists to quickly address critical operational issues, such as managing drug shortages with enterprise-wide visibility of on-hand quantities, allowing medications to be routed to faster moving locations as needed, rising costs due to expensive drugs, inventory turns, carousel items below minimum and more. In sum, the feature allows better management of medication inventories and real-time response to pharmacy demands with customizable reporting options.
Based in Winnipeg, Manitoba and Buffalo Grove, Illinois, ARxIUM delivers best-in-class technology and unparalleled expertise to help pharmacies of all sizes improve safety, productivity and efficiency. The company provides scalable, comprehensive solutions for every segment of the pharmacy market. ARxIUM’s offerings include automated compounding, packaging and dispensing, compliance packaging management, inventory control and storage, workflow and scheduling software, production and workflow design, and technical consulting and implementation assistance, among other services. For more information, visit www.arxium.com.
Cookerly Public Relations
Cory Stewart, 404-816-2037