The best in pharmacies turn their inventory 10-12 times per year.
Increasing inventory turns is likely one of the best ways to flatten or even decrease pharmacy drug spend in an era of drug shortages, increasing drug costs (5% to 20% annually) and a drug inflation rate of 7%.
At IMC Pharma we have been servicing hospital pharmacy’s since 1976. One of the first companies to process outdated return credits for Pharmacy’s (1989). Some 50 years later, not only have we seen it all, our experience is untouchable. Check is out at imcpharma.com