- Inherited inventory for Georgia Hospital was just over $200,000 the day we began providing services. Through better management and ordering practices the inventory was reduced to under $120,000 within the first 12 months of service.
- This reduction was achieved even though the expenditure on drugs increased from $300,000 to $330,000 annually within the same time period.
- This represents a 55% increase in inventory turns by the pharmacy department within first 12-months of service.
- The average cost of drugs per patient day was reduced by over $4.00 during this time indicating significant improvements in cost associated product selection.