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.
Long Term Care
Are you considering a technology from Asia? Why choose something outdated and obsolete? Consider the new RxSafe way of doing adherence packaging. Are you tired of…
- A limited formulary?
- Hand-filling trays?
- Costly down time counting tablets and filling canisters?
- Unending cleaning?
Would you like to speed up the time consuming tasks of inventory management? Wish you had more space? Are you plagued by waste, theft and diversion? Let RxSafe’s secure, scalable, technology-driven solutions help you move beyond your long-term care facility’s constraints to expand your existing services.