Healthcare Supply Chain: Benefits of Supply Chain Management in Healthcare

Healthcare Supply Chain: Benefits of Supply Chain Management in Healthcare

What is a Healthcare Supply Chain? This is the process of delivering an approved drug or device to a patient. Healthcare Supply Chain Management comprises several processes, involvement of different team members, movement of pharmaceutical drugs, medical devices, and other essential items. Suppliers, partners, and HCPs work together in the entire supply chain process to deliver the best service or product to a patient. The major activities involved in healthcare supply chain management are continuous monitoring of drug availability, medical devices, and medical services from drug maker to patient. To optimize the supply chain process, hospitals can reap the benefits
Electronic Medical Record vs Electronic Health Record: What’s the difference between EHR and EMR?

Electronic Medical Record vs Electronic Health Record: What’s the difference between EHR and EMR?

Over the past few years, the healthcare industry has embraced digital transformation to put its best foot forward. Hospitals have experienced the capabilities of technology. It entirely changed the way the healthcare industry used to do business. With a few clicks, one can get informed about what the latest report reveals about their body. Here, technological advancements such as Electronic Health Records (EHRs) and Electronic Medical Records (EMRs) also played a vital role. Interestingly, they are used interchangeably but there is a difference between EHR and EMR. But first, let’s see what they are. What is an Electronic Medical Records
Ai in Healthcare: How is Artificial Intelligence impacting Future of Healthcare?

Ai in Healthcare: How is Artificial Intelligence impacting Future of Healthcare?

Artificial Intelligence or AI is a new and evolving technology domain. AI essentially refers to the class of technology wherein machines can learn from experience like humans and apply the learning to perform human-like tasks. While still at its nascent stage, the technology is already making waves in various sectors including healthcare. In the last decade or two, the healthcare space has tremendously leveraged technologies to achieve more accurate treatment outcomes while making the business sustainable and viable. AI is one of the technologies that have the potential for unprecedented applications in the sector.   AI in healthcare is the broad
Pharmacy Inventory Management: What is inventory management in a pharmacy?

Pharmacy Inventory Management: What is inventory management in a pharmacy?

Every pharmacy has a dynamic and vast supply-chain network to manage, irrespective of whether it is an independent shop or a part of a medical facility. The supply costs of the pharmacy are vulnerable to certain influences which contribute to increasing cost and impacts profitability. The projection of stocking inventory also needs to be assessed well. While most pharmaceutical products have a mid-term shelf life, overstocking can still lead to loss of value. Understocking leads to loss of opportunity to sell. Furthermore, a pharmacist may have to address important aspects such as proper storage, expiration dates, etc. It is therefore
What are Nonfunctional and functional requirements of hospital management system (HMS)?

What are Nonfunctional and functional requirements of hospital management system (HMS)?

Hospitals and healthcare facilities have a range of departments and verticals. Its smooth functioning is dependent upon the seamless operations through these verticals across functions. To streamline the processes and exchange of information throughout various functions, healthcare providers are increasingly adopting an integrated digital technology platform known as the Hospital Management System (HMS).  What is a hospital management system? HMS is a digital technology platform that integrates various departments in the hospital, streamlines data generation and information flow across the functions, and helps automate processes and systems building inefficiency in the hospital operations.  It benefits healthcare facilities by streamlining workflows,
Future of Telehealth: What are Telehealth Future Trends?

Future of Telehealth: What are Telehealth Future Trends?

To make quality healthcare accessible and affordable, any country has to build a nationwide infrastructure for preventive, promotive, and curative health systems and services. It becomes increasingly difficult for any Government or economy to make doctor consultation, diagnosis, treatment, medicine, and other allied services accessible to every household or corner of the country.  Most economies have their healthcare delivery institutions stretched by patient inflow. This can get further overwhelming if every patient ends up visiting healthcare facilities. In the past few decades, and especially in the post-pandemic world, telehealth has emerged as the single biggest answer to multiple challenges faced