340B Inventory Processes

The common 340B inventory model is a Replacement model. In this model, pharmacies fill prescriptions from their existing stock and manage their inventory like usual; third-party 340B administrators then reconcile medications dispensed to 340B patients, and replenish the pharmacy’s stock using the covered entity’s 340B drugs. Another, much more efficient way, is the Direct Model,…

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Pharmacy Inventory Prep

We’ve been taking physical pharmacy inventory since 1976 at IMC Pharma, and we’ve seen it all. With inventory season around the corner these few tips can help reduce confusion and keep your inventory levels at par. First, It’s important to clear out the receiving area. You don’t want to accidentally count recently received inventory that…

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