Title
Case Article-A Prescription for Budget Woes at Gracious University Hospital
Abstract
AbstractThis case study focuses on pharmacy operations from the standpoint of the chief financial officer for Gracious University Hospital. Her charge was to reduce operational expenses on top of pre-established budget cuts. Her first order of business was to handle inventory of the automated dispensing cabinets ADCs located on each floor of the hospital which contains a limited supply of medication supplied by the central pharmacy. In order to develop an effective inventory plan, a tiger team was developed consisting of physicians, patients, nurses, and pharmacists who developed a physical simulation competition between hospital unit floors which focused on the medication delivery process from prescription entry to medication administration. While observing the process, data would be captured and teams would attempt to derive better inventory policies for the medications kept in the ADCs. This case introduces students to healthcare operations by providing background on pharmacy medication delivery systems. The learning objectives of the case and accompanying simulation activity are to 1 explore the challenges of inventory management in healthcare 2 develop and analyze inventory policies based on data collection and observation 3 understand the impact of variability and perishability on inventory management.An electronic companion is available at https://doi.org/10.1287/ited.2016.0159ca.
Year
DOI
Venue
2017
10.1287/ited.2016.0159ca
Periodicals
Field
DocType
Volume
Health care,Active learning,Tiger team,Computer science,Officer,First order,Pharmacy,Operating expense,Operations management,Medical prescription
Journal
17
Issue
ISSN
Citations 
3
1532-0545
0
PageRank 
References 
Authors
0.34
0
3
Name
Order
Citations
PageRank
Karen Hicklin101.35
Julie S. Ivy2339.12
Anita R. Vila-Parrish301.35