Pointof sale

1. point of sale/inventory
•get the drugs----
•1-group purchase organization will negotiate
prices for hospitals and institutions but does not
make actual purchase.
•2-from drug maker---buy in bulk for savings, or
low demand, or special expense.
•3-wholesalers-have stock from all makers.
maybe emergency deliveries or automated
purchases.
•4-governmanet--requires DEA form 222 for sch
2 drugs

2. point of sale/inventory
• point of sale----item is deducted from inventory
when dispensed and maybe reordered on
computer.
• purchase order----form to order drugs/supplies
form wholesaler.
• formulary---list of drugs approved for use in
hospital or whose cost will be reimbursed by
3rd party.
• open formulary is all pharm products carried
• closed formulary is limited products of each
drug classification covered
• restricted formulary carries open and closed

3. point of sale/inventory
• P&T committee--RpH, drs, nurses,
accountants,ect develop a formulary for
hospital.
• 3rd party provider---may develop a formulary
for members on products they will pay
for(pharmacy benefit providers)
• PAR value---periodic automatic replacement.
computer orders when inventory falls below X
amount.

4. point of sale/inventory
• inventory comes in---
• verify invoice
• special storage?
• sign and date invoice
• paperwork to accounts payable
• product on shelf to back.
• keep paperwork as outline by CSA.