Valerie Fritz

Recent Posts

Hospital Procurement: Tips for Optimizing Pharmacy Inventory

Posted on Sep 12, 2017 by Valerie Fritz

Pharmacy procurement and purchasing managers in hospitals and health systems are tasked with balancing numerous requirements. It is their duty to work within budget parameters while ensuring that patients receive optimum care. They also face growing challenges as costs rise and new regulations are introduced. Timely, accurate and detailed medication inventory data is a key input that enables supply chain managers and pharmacy leadership to work together, making informed and intelligent decisions that help achieve their goals.

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Gain 100% Visibility to Shelved Hospital Inventory with Advanced RFID

Posted on Sep 6, 2017 by Valerie Fritz

Advanced radio frequency identification (RFID) technology solutions are designed to eliminate manual, error-prone processes and provide 100% visibility and traceability to all inventory to which an RFID tag is applied – anywhere throughout an enterprise.
RFID healthcare technology for hospital pharmacy automation saves time, eliminates errors and provides actionable intelligence to optimize inventory. The best solutions understand hospital pharmacy operations and have developed technology and processes that optimize efficiency without workarounds.

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Breakthrough Cancer Drug Could Be Astronomical in Price

Posted on Aug 29, 2017 by Valerie Fritz

Rising drug expenses have been headline news recently, and a new cancer therapy is no exception. Approval for this treatment appears to be all but certain with initial price estimates upwards of $600,000 for a one-time treatment. 

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Intelliguard® RFID Celebrates 500 Client Installations & Rapid Growth

Posted on Aug 24, 2017 by Valerie Fritz

MEPS Real-Time, Inc., innovator of Intelliguard® RFID Solutions for pharmacy inventory management, today announced that it has reached 500 active customer installations in North America.

“This is a significant milestone that reflects the healthcare market’s continued focus on safety, cost control and efficiency in pharmacy operations,” said Gordon Krass, CEO “Our success is a result of our modular and scalable approach to intelligent inventory management solutions that support a broad category of critical drugs and supplies used in hospitals, health systems and adjacent healthcare markets.”

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Mitigate Risk When Making a Hospital Purchase: Total Cost Considerations

Posted on Aug 9, 2017 by Valerie Fritz

Evaluating and purchasing new technology is challenging. When confronted with a variety of options it’s tempting to focus on price. While that’s certainly a factor, it’s important to consider the total cost and return you can expect. Hospital technology purchases can be complex and have a long use period. Thinking beyond the immediate application and timeframe can help you plan well and mitigate risk.

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Surviving Drug Shortages with Improved Inventory Management

Posted on Jul 19, 2017 by Valerie Fritz

Managing medication inventory in acute care settings is challenging under the best of circumstances. When drug shortages occur, the challenge magnifies and may impact patient health and safety. Hospital and health system pharmacists are responsible for managing all medications throughout the facility, and serve a critical role in delivering quality patient care. Optimizing drug inventory throughout a facility is a critical strategy the pharmacy team can use to better deal with drug shortages. Innovative technologies such as Intelliguard® RFID provide the visibility to make this improved inventory management possible.

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Responding to Drug Recalls Quickly with Intelliguard RFID

Posted on Jun 28, 2017 by Valerie Fritz

On June 15, 2017, it was announced that Hospira is voluntarily recalling “... 42 lots of 8.4% Sodium Bicarbonate Injection, USP, 50 mL vials; 5 lots of NeutTM (Sodium Bicarbonate 4% additive solution) 5 mL vials; 5 lots of QUELICINTM (Succinylcholine Chloride Injection, USP) 200 mg/10 mL vials; and 7 lots of Potassium Phosphates Injection, USP, 45 mM vials to the hospital/retail level.” The recall is "due to a potential for lack of sterility assurance." Those with existing inventory of the recalled lots have been instructed to stop use and distribution immediately. In addition, on June 22nd, a press release was issued to announce that "Advanced Pharma, Inc. d/b/a Avella of Houston Issues Voluntary Nationwide Recall of Specific Lots of Potassium Phosphate and Succinylcholine Repacked and/or Compounded at its Houston Location as a Result of Hospira, Inc's June 15, 2017 Recall of Such Products Due to a Potential Lack of Sterility Assurance."

In order to keep up with the ongoing volume and complexity of drug recalls and ensure patient safety, many hospitals have turned to Intelliguard® RFID pharmacy automation solutions, enabling them to manage recalls more quickly and effectively.

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Inova Gains 8 Weeks of Staff Time: Intelliguard RFID Pharmacy Automation Case Study

Posted on Jun 7, 2017 by Valerie Fritz

When we survey hospital pharmacists, many of them indicate that improving the speed and efficiency of managing medications at their facility, along with reducing errors, are their top challenges. In December of last year, Drug Topics addressed the use of RFID for automating hospital medication replenishment to deal with these challenges in an article titled “Hospitals Turn to RFID for Medication Replenishment.” The article discussed Intelliguard® RFID Kit and Tray Management System implementations at Rady Children’s Hospital in San Diego and Inova Fairfax Medical Campus in Falls Church, VA. We recently completed a quality study with Inova, the results of which are outlined in a new case study and highlight the benefits of RFID for hospitals and health systems dealing with common challenges.

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What Do You Love About Your Pharmacy Career?

Posted on May 31, 2017 by Valerie Fritz

With graduation season upon us, we were thinking of the students who reach out to us to learn more about the latest innovations in RFID healthcare technology and why some choose this challenging but rewarding career. Most of our Intelliguard® RFID end-users are hospital and health system Pharmacists and the Pharmacy Techs who work alongside them to help make their jobs easier.

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Using RFID to Augment ADC Anesthesia Medication Inventory Management

Posted on May 18, 2017 by Valerie Fritz

Medication management and distribution in the operating room (OR) can be labor-intensive and prone to human error. Making sure medication inventory is available when and where needed, and safe, is imperative and time-critical. Some hospitals have adopted automated dispensing cabinets (ADCs) to help with medication management in the OR. However, maintaining adequate inventory levels, eliminating stock-outs, managing outdated inventory and handling recalls continues to be time-consuming and an ongoing challenge. Augmenting existing cabinets with RFID systems enables pharmacists to more accurately and efficiently manage critical inventory.

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