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Journal :   Research Journal of Pharmacy and Technology

Volume No. :   4

Issue No. :  5

Year :  2011

Pages :   779-781

ISSN Print :  0974-3618

ISSN Online :  0974-360X


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ABC Analysis of Hospital Pharmacy in a Tertiary Care Teaching Hospital

Address:   Naveen M.R., Santhosh Y.L., Satish Kumar B.P.
Department of Pharmacy Practice, SAC College of Pharmacy, B. G. Nagara
*Corresponding Author
DOI No: Not Available

Background: About one-third of the annual hospital budget is spent on buying material and supplies, including medicines. Cost analysis (ABC analysis) has been found to be effective in the management of a medical store. Automated capital budgeting systems have been claimed to reduce capital spending by identifying utilization trends. Objective: To conduct the economic analysis (ABC) of drug expenditure in a tertiary care teaching Hospital, B.G. Nagar. Material and Methods: A matrix based on the coupling of cost (ABC) analysis criticality analysis was formulated for prioritization, to narrow down the group of drugs requiring greater managerial monitoring. Results: Randomly 9 drugs were selected for the analysis. The total six months drug expenditure on items issued in 2008-09 was Rs. 1, 58,237-40. On ABC analysis, 82.662% (2), 11.1525% (3) and 6.1864% (4) items were found to be A, B and C category items, respectively. Conclusion ABC analysis identifies the drugs requiring stringent control for optimal use of funds and elimination of out-of-stock situations in the pharmacy. The application of the cost inflation index justified the increased annual budget.
ABC analysis, drug inventory management, drug expenditure, hospital pharmacy.
Naveen M.R., Santhosh Y.L., Satish Kumar B.P. ABC Analysis of Hospital Pharmacy in a Tertiary Care Teaching Hospital. Research J. Pharm. and Tech. 4(5): May 2011; Page 779-781.
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