Technology Innovations Enabling Advanced Consignment Inventory Models for Specialty Drugs

Specialty drugs require advanced storage protocols and are oftentimes needed at a moment’s notice, which carries additional patient costs and quality risks. As spending on these drugs continues to grow and more medications are released into the market, it’s important pharmacy leaders account for these qualities when developing their strategic plans. 
Read this article to learn how pharmacy leaders can position their pharmacies for financial and operational success and how a technology-enabled consignment model can be a game changer for a pharmacy’s specialty drug inventories. 
Cardinal Health, a leader in specialty drug distribution and services, and Terso Solutions, the leader in sophisticated technology, including RFID-enabled inventory systems designed for healthcare providers, recently convened to share their perspectives on:
Common myths or misunderstandings about specialty drug inventory models 
How a specialty consignment model benefits a pharmacy’s operations
The evolution of RFID technology and the value it brings to a specialty pharmacy
Critical questions pharmacy leaders should ask themselves when considering a consignment program
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