FINANCIAL MODEL OF DRUG MOVEMENT AT THE HOSPITAL LEVEL
DOI:
https://doi.org/10.55640/Keywords:
financial model, drug movement, hospital pharmacy, inventory management, budgeting, cost control, pharmaceutical logistics, healthcare financeAbstract
The efficient management of drug movement within hospitals is crucial for ensuring both optimal patient care and financial sustainability. This article explores the development and implementation of financial models that track, control, and optimize the flow of pharmaceutical products at the hospital level. Emphasis is placed on integrating financial data with inventory management to improve budgeting, reduce waste, and enhance decision-making. Current trends in technology adoption and their impact on financial modeling of drug distribution are also discussed.
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References
1.World Health Organization. (2023). Financial Management in Healthcare Supply Chains. Geneva: WHO.
2.Johnson, T., & Kim, S. (2022). Integrating Financial Models and Inventory Control in Hospital Pharmacies. Journal of Healthcare Finance, 45(2), 110-125.
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4.National Health Service (NHS). (2023). Guidelines on Financial Oversight of Hospital Pharmacies. London: NHS Publications.
5.Singh, P., & Roberts, L. (2024). Cost Control Strategies in Hospital Drug Management. Healthcare Management Review, 39(1), 55-68.
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