The U.S. healthcare industry is growing by leaps and bounds and the pharmacy department stands in dire need for solutions to increase efficiency and manage workflow. Pharmacists, in the current scenario, are looking for empowering and user-friendly pharmacy management solutions that are designed to simplify the process of medication dispending, management of inventory and sales-related processes. At OSP, we create a pharmacy management system that is geared to address specific requirement and eradicate complexities that are specific to the organization in question. Our solutions aim to addresses operational system complexities and holistic development of the pharmacy for increased revenue generation and streamlined processes.
The common bottlenecks which might slow down your business growth
Current pharmacy systems lack automation techniques and operate with processes that are physically executed.
Due to the lack of consistent procedures, anomalies in the system keep propping up from time to time.
Prescription procedures are heavily paper-based, causing complexities in record maintenance and accuracy.
Inefficient workflow and billing processes are causing routine errors, which is impacting the bottom-line.
Discrepancy in gauging sales requirements, causing overstocking or understocking.
Lack of streamlined systems and billing solutions creates constant inefficiencies in payment management.
Increase Efficiency across Dispensing, Medication Management, Clinical Workflows and Billing Systems
Based on the individual requirement of the healthcare organization, we develop customized software architectures that maintain secure communications of e-prescriptions between various care-giving aspects of the patients, their relative pharmacies, and claims agencies for holistic integration and accurate process flow. This e-prescribing procedure empowers the entire process flow of the pharmacy’s system and increases patient satisfaction due to error-free dispensing and billing.
Our document management modules are created to document and manage every associated patients Electronic Health Records (EHR) and Electronic Medical Records (EMR), which includes doctor’s notes, supporting documents, scans and x-rays, claims and billing related information, and demographic related information. Furthermore, the pharmacy data management system works toward incorporating audit requirements and updates and modifications related to billing.
Our automation techniques are deployed toward efficient inventory management through the incorporation of barcodes that meet compliance requirements. Inventory processes are infused with efficiency through process-flow automation of stocking, numerical balances, monitoring and tracking, warehouse stock manifests, and dispensing updates. Vendors and wholesalers are accounted for through the extension of modules to all related parties. The entire process of managing inventory is accelerated and increased in terms of productivity.
Our solution aims to combine the pharmacy’s compounding skills and multiply them through integration with innovative technologies that create customized medication packages for each patient, according to their individual needs. The success of such a method is crucial to the overall revenue generation of the pharmacy, as it is the foremost means of offering patients with a value-based care-giving experience that addresses their personalized requirements.
A pharmacy management solution that merges workflows, clinical procedures, programs, data and stock reporting into a centralized platform. This platform is accessible to all authorized personnel across the healthcare organization for intelligent decision-making. Prescription fulfillment is automated, along with automated requests for delivery of medications. Dispensing workflows are further managed through customized processes of delivery, drug refills, and clinical department cross communication, etc.
This pharmacy management solution is created according to the specific needs of the pharmacy in question and maintains an index identifier for every patient that is registered on the system. This ensures that there is no duplication, and information is used effectively across relevant organizations. This index is automated through state-of-the-art technologies for minimal human involvement in maintenance and updates of patient information and communication.
Patients are constantly trying to cut medications that are high in cost to reduce their medical expenses that results in reduced filled prescriptions. Our pharmacy management solutions are designed to automate electronic savings at the stage of medication dispensing to reduce patient costs and increase medication adherence. We, therefore, increase the patients accessibility and adherence through simple mechanisms that are installed into the pharmacy management program.
Through a customized pharmacy management solution we aim to manage your third-party prescription claims by reducing the risk of profit loss, increasing patient satisfaction and outcomes and automating billing and reimbursements. OSP can create a comprehensive repository of claims information that includes insights and actionable information on the means to accelerate reimbursements among healthcare patients that can be accessed and used during the time of dispensing medication.
Pharmacies struggling with third party audits can breathe easy with our audit and risk reduction pharmacy solutions that can be designed to address specific hurdles among the healthcare organizations pharmacy department. The automation features instantly reduces time and resources spent on managing audits, monitoring and flagging capabilities that reduce fraud and abuse, thus allowing pharmacists to focus on patient satisfaction. This monitoring and flagging is executed at the point of dispensation for increased efficiency.
Overall operations are streamlined and empowered with efficiency through healthcare pharmacy management solutions that increase profit margins through HIPAA compliance and regulations. We build a centralized and secure web-based platform that protects patient health information from attackers, automated patient communication systems, workflow optimization methodologies, inventory and data management techniques, and billing processes empowerment.
Patient data is categorized and given individualized barcodes that manage medication dispensing safety, along with a drug data base that is regularly updated to minimize errors. This database can carry third party payer information, if relevant to the healthcare organizations requirement. Furthermore, we offer reporting platforms that allow the pharmacy to monitor key performance indicators, along with EHR integration for updated data.
Through our data management, compliance and inventory management solutions, OSP software ensures revenue cycle management by monitoring the everyday finances and using intelligent technology that accelerates revenue through actionable suggestions. Additionally, our automated procedures increase medication adherence by automatically supplying refills based on intelligent parameters. These procedures go a long way in increasing the efficiency of the pharmacy, and ultimately the revenue.
At OSP, we ensure reduced errors in compliance and claims processing through external authorization pre dispensation, individual authorization numbers, and strict prescription protocol systems that operate without interfering in the regular workflow. This monitoring takes place in real-time to flag and highlight errors immediately and reduce revenue loss. This reduces physical workload and increases patient satisfaction and convenience.
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