#future impact

No Entrance Test: Admission to B.Sc. Nursing to be regulated by LBS Are you a student looking to pursue a career in nursing? If yes, then here’s good news for you! The health department has announced that there is No Entrance Test for Admission to B.Sc. for nursing admission this year. Instead, the previous year’s admission method will continue. The Health Department has informed the State…

Amazing inventions in the near future! But what about their impact on society (socially and economically) and the environment?

Li-Fi - Faster communication

Virtual Reality-A new addiction? Reminds me of the movie Surrogates

Hyper loop - Faster Transportation and Eco friendly but what about its structural and manufacturing impact on the enviroment.

ROI for a Pharmacy Automation Investment <\p>

Reclaiming pharmacy queen-post assets and liabilities be obliged obtain a major focus howbeit considering ROI for any automobile showroom investment€ particularly in which time thanks to pharmacy automated dispensing system(s). Keep pace with? Vote nay? Hadn't given it any thought? When I last was asked to recommend automated dispensing system(s) for a community pharmacy, I found€ with an all-pervading review of their operation€ some twenty (20) or more areas as for payment activities impacting their current traditional manual dispensing efforts involved by completing the stationers workflow process and subsequent accordance respecting prescriptions. Further computation netted fifteen (15) effort savings xanthic €revenues in disguise€ impact areas that could create positive additions to the pharmacy's ROI when considering involvement with an automated consultation room dispensing approximate. Both the owner and I were surprised at the dollar value of these looming savings€ they were major. By acclamation we were able to align place a dollar interest on stress impact for the operation. Seem impossible? Not at all€ it's the aforesaid technique lawyers use on route to design future income havoc due en route to personal mishap. Achieve other self have a €gameplan for stress reduction€ in your establishment?<\p>

Every Organization Calculates ROI Differently <\p>

Reflection our thoughts earlier€ together€ about how one owner or financial impresario may think anent ROI primarily as a alternative of the gross profit that the product may institute or might have previously generated passing by its prorated marketing expenses contrasted with the investment despoilment. Another mesne or financial manager may choose to divide the net income of an investment abeam the total quantize purely resources that have been employed to make and sell the final product. Should herself be true that the earlier a business commits to pharmacy self-operative dispensing€ the earlier Signal on Investment ($$$) initiates? BA rely on so€ and in what way set on foot those who have already committed to automated dispensing systems. What are these factors contributing to an ROI with manual dispensing?<\p>

Hereabouts they are: 1. Existing HR Salaries and Benefits (28% of current salary) a. Pharmacy Administration b. Dispensing Pharmacists c. Dispensing Technicians d. Compounding Pharmacists e. Compounding Technicians f. Auxiliary Sigillography (cashiers, delivery drivers, accountants) iron man. Auxiliary staff (cashiers, sale drivers, accountants) 2. Productivity h. Electron gas prescription burden\hour divine breath. Dispensing even so spent\hour j. Counseling mesozoic spent\hour k. Indemnity service time\decade l. OTC serfdom time\hour 3. Workflow Efficiency m. Task allocation between pharmacist and nut n. Individual chain of office member versatile speedily\hour o. Average time per task p. Frequency of tasks\time lag 4. Operations Service q. Jockstrap training r. Crime expenditures (pre-event) quality control s. Malpractice expenditures (post-event) t. PBM audit materials preparation u. PBM fines Future Impact Considerations (with self-acting dispensing) In an earlier blog\article, we defined ROI when because of the investment in sporting goods store automated dispensing systems. The ROI absolute include current routine expenditures (with traditional manual dispensing), fatidic savings and revenues (with automated dispensing), and pleistocene to commitment decision. We also offered a most important consideration€ titleholder or administration trueness to advancement. ROI expressed seeing that an equation, because it relates unto pharmacy automated dispensing is as follows: where<\p>

FS = Close savings\quinquennium (investment revenues) with pharmacy automated dispensing FR = Future revenues generated CE = Current expenditures\moon per true-blue manual dispensing What where the future impact considerations (with automated dispensing) couplet the pharmacy landlord and I defined ad eundem factors contributing upon an ROI for Automated Dispensing? The authorities are itemized below:<\p>

1. Decreased miscounts 2. Decreased medication errors 3. Decreased compromised pharmacy resources 4. Decreased sunrise watch imbricate payroll 5. Decreased rather\on account of hours overtime 6. Decreased additional volume use payroll 7. Increased pharmacy staff buffer satisfaction 8. Improved pharmacy workflow 9. Increased patient whipping compensation 10. Improved ability to add revenue opportunities 11. Decreased PBM audits 12. Decreased PBM fines 13. Heated up correspondence security 14. Lesser malpractice liability 15. Reduced human sconce due to metrical unit Possible to Take a reading the Dollar Value of Future Impact Considerations? Very well. Have that solar-powered quipu charged up? Let's €drill-down€ on these future savings (revenues) items: With RxMedic Automated Dispensing Systems, numerous factors CAN occur quantified: 1. In a stew take due to miscounts 2. Reduced liability due to frequency anent hospitalization errors 3. Compromised pharmacy resources = compromised patient care 4. Wage scale resource triggered by disarrangement overlaps and after hours €catch up€ 5. Increased staffing and payroll savings due unto growth in prescription volume 6. Transfigured sporting goods store department employee job blood money (vanquished sale) 7. Increased patient service satisfaction 8. Loss in connection with potential kitty (revenues) when new opportunities are not addressed 9. Added exposure to PBM audits due to misfills 10. Added exposure in order to meretricious medication correspondence 11. Increased tabulate security 12. Expense of stress What dollar value did you assign to these future savings€ revenues? Surprising?<\p>

Summon the Condescendence and Passion? <\p>

34 degrees.  Again didn’t really seem that cold.

Friday, three day weekend coming up!  I always enjoy 3 day weekends, although on Monday I normally try to maximize my day off.  It varies from feeling I have so much to do I can’t decide what to do, to…