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Choosing Pharmaceutical Products for Clinics and Hospitals

Choosing Pharmaceutical Products for Clinics and Hospitals

To ensure your patients receive proper medical care, you must stock up your healthcare facility with the right type of pharmaceutical products in sufficient quantities.

However, this process can be complicated and incur high costs when not carried out systematically. Here are the factors you should consider when choosing products for your clinic or hospital.

1. Legal requirements

Legal requirements

To obtain drug supplies from manufacturers and wholesalers for your facility, you first need to have an Annual Practicing Certificate (APC) as stated in the Poisons Act 1952. You will also need to renew your APC annually.

2. Choosing the Right Pharmaceutical Products Supplier

Choosing the Right Pharmaceutical Products Supplier

Did you know that the cost of pharmaceutical products is the second-highest after staff costs in any given country’s healthcare system?

Besides that, the public has voiced their disapproval regarding private facilities known to overcharge for products. This has led to the public purchasing directly from pharmacies and companies sourcing from pharmacies to reduce staff medical benefit costs.

Therefore, researching and finding a supplier committed to providing reasonably-priced and high-quality products is critical. This way, you will be able to offer affordable services to your patients. Make sure to consider the supplier’s prices, shipping policy, dependability, return policy, drug quality and reputation.

3. Types and Quantities of Pharmaceutical Products

Types and Quantities of Pharmaceutical Products

The next question is: what products should you procure, and in what quantities? Equipping your facility with the right products and amount to meet your patients’ needs and avoid wastage is crucial.

Firstly, your facility should have sufficient quantities of essential drugs (basic medicines that meet the population’s healthcare needs) at all times. These products are listed on Malaysia’s National Essential Medicine List (NEML).

The NEML currently consists of 359 medicines. Ideally, a hospital should have 150-200 medication on hand, while smaller facilities need around 40-50 medications.

You will also need to carry out quantification to estimate the demand for specific products during a certain period. To quantify accurately, you will need information from the essential medicines list, consumption data, epidemiological data, prescription patterns, stock levels, stock-out frequencies, and length of procurement cycles.

4. Storing Pharmaceutical Products

Storing Pharmaceutical Products

Before purchasing pharmaceutical products, you need to ensure your facility has the right storage conditions for every product.

Besides, you will have to maintain proper segregation, temperature, lighting, humidity, sanitation, and ventilation levels. Additionally, you must keep dangerous drugs and psychotropic substances under lock and key with an alarm system.

These measures are vital to avoid contamination, disfiguration of labels, theft and loss, and pest infestation and maintain the product quality or potency.

Lastly, you should monitor and take note of each product’s expiry date regularly. Moreover, implementing a FEFO (First To Expire First Out) policy can help avoid wastage.

If you’re looking to procure pharmaceutical products for your facility, Mayflax can help you. Mayflax is a one-stop pharmaceutical wholesaler that provides over 2,000 quality pharmaceutical products to healthcare professionals at low prices. Find out more about them here.

How to Increase Your Clinic’s Profit: 5 Uncommon Tips

Basic marketing principles and strategies are needed to create awareness about your clinic, which would increase your clinic’s profit. 

Here are 5 tips, aiming at increasing your clinic’s profitability in a not so common way:

1. Customer Care

Impressions of your patient towards the clinic is without a doubt the most important and it usually begins with your reception desk.

Don’t make them wait for too long! Instead, ensure that the lobby is supplied with drinking water facility, reading material, television and soothing interiors.

By exhibiting a warm, empathetic and helpful behavior from your staff and also good medical prowess by you, it may be a recommendable patient experience! The patient will voluntarily share this with friends and family.

2. Good IT Usage

Waiting time could be reduced at your clinic by using a good IT solution.

Not only will it be able to schedule your appointments and help you accommodate walk-ins in, but it can also manage missed/did not turn up appointments.

3. Creating a Network with Allied Services Professionals

Medical care to patients involves many others including Pharmacists, Physiotherapists, Counselors, Pathologists and many others.

A great network with other medical care professionals can ensure good support with references.

4. A Point of Offer

In your marketing campaigns, offer something unique that would then create consumers. Thus, increasing you clinic’s profit.

5. Automate and Have Central Control 

Fully equip yourself with information on how things are working at every corner of your clinic.

Having reports are the best form of control possible without being physically present at all times, everywhere.

Get an automation solution as per the requirements of your clinic and train yourself to understand what the numbers spell out. 

Having said that, we at Mayflax are happy to help you in terms of medication supply so you can focus more on you clinic’s marketing. Click here to learn more!

References

  1. https://www.practicebuilders.com