Paw Paw Village introduced the RxSafe 1800 two tower system in one of our 6 stores a year ago. We’ve seen the cost of generics increase the cost of on-hand inventory by an average of $30k in all of our stores except the one with the RxSafe. That store has actually seen a $50k decrease in on-hand inventory costs. This totals $80k in savings attributed to the RxSafe. We’ve also seen our inventory turns increase from 17 turns per year to 23+ turns per year. In addition, we’ve been able to reduce our labor costs by an average of 200 to 250 labor hours per month, which basically covered the payment on the unit. Therefore in four years that labor savings will go directly to cash flow.
Hospital Pharmacy Automation Solutions
- Would you like your hospital’s employees and patients to have the best possible experience?
- Want to speed up the time consuming task of inventory management as well as ensure safety and accuracy?
- Is preventing and detecting abuse one of your rising concerns? Or, would you like more time to consult with your patients?
Let RxSafe’s secure, technology-driven solutions help you move beyond these day-to-day concerns so that your customers can take a front row seat.