A pharmacy can play a significant role in research and development of a hospital so as to come up with new medicines and cures for diseases and thus pose direct completion to pharmaceutical companies with cheaper medicines and other drug related products and small and simple surgical tools. The pharmacy here can provide effective analysis on the development of drugs. These drugs can then be tested on animals or patients in the hospital aiding to lower promotion cost of the developed drugs.
Besides, the most obvious effect of a pharmacy on operations management of a hospital is that it can be an additional source of revenue for the hospitals as the patients coming to the hospital are more likely to buy medicines from there. Plus it helps the doctors etc to get medicines quickly rather than having to go anywhere far to get medicines, drugs, or any surgical items they need. This will help speed up operations of the hospital by providing quick service to patients. To facilitate operations management, a pharmacy can evaluate and correctly interpret the complete medication order. To facilitate patient data and its analysis, a pharmacy can play a significant role in evaluation of patient record for potential interactions. This information can be communicated to health Care Professionals who would then accurately forecast demand for new medicinal products.
A pharmacist at a pharmacy can better transcribe telephoned orders and other medical information and also deal with buyers and suppliers in a professional manner. A pharmacist at a pharmacy can better advise a doctor on reviewing alternative courses of action, and making decision to resolve drug/therapy problems. Also a pharmacy can work with other departments and committees in the hospital to see what drugs are the most effective ones. The pharmacist has the understanding of drug quality specifications drugs to be procured as he can assess the reliability, price- value, and quality ...
Cite this document
(“Financial effects and constraint paper Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/385392-financial-effects-and-constraint-paper
(Financial Effects and Constraint Paper Essay Example | Topics and Well Written Essays - 750 Words)
“Financial Effects and Constraint Paper Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.net/miscellaneous/385392-financial-effects-and-constraint-paper.
Synopsis In an article; the idealized self of the situated self as predictors of employee work behaviors by Stephen Farmer and Linn Van Dyne and published in the Journal of Applied Psychology in 2010, the authors present an empirical model for integrating situated self and idealized self as a means of understanding role identities in the work place.
This phase of an economy is also referred to as slumping economy which further results in an economic recession. This is an unwanted situation by all the countries in the world as it can have dampening impacts upon the country. Economic crisis has resulted due to a number of reasons.
According to the report the crisis is traceable back from a flaw that occurred in the sub-prime part of the housing economy of the United States and spread over a considerable portion of the economy by the end of 2007. The US economy’s challenge had a wide range of implications on other countries’ economic situations, including Japan and others in the EU.
Currently, Wheaton Sanitary district handles waste water for a population of about 62,000 people majorly from neighboring regions like Wheaton, Southern Carol stream. It also serves a section of Glen Ellyn and Winfield (Tchobanoglous, Burton & Stensel, 2002).
Whether advertisements affected the choice of foods of children or otherwise were a center of numerous studies throughout the world. Few of these are the studies conducted by Arnas, Y. A in Turkey and by Hitchings and Moynihan in the United Kingdom.
Both studies determine the effect of television viewing and the food advertisements contained in the programs on the choice of food of the children.
The company selected is General Motors of the US which ranked third in 2007 Fortune 500.
The following are the data extracted from the financial statements of General Motors for the years 2004 through 2006. What may be observed is that revenues had a slight
The model of allies as the subject of “One Sovereign” is the most fascinating. This is so because it allows both disciplines working together for the benefit of mankind which is most essential. A perfect blend of spirituality,
“The crisis in the Far East could depress the growth of Austrias exports by at most 0.5 percentage points and the expansion of real GDP by 0.1 percentage point to 0.2 percentage points, even under pessimistic
The pages of history will bear testimony to the generations of gender discrimination in fields such as education, employment and self-sufficiency in the South Asian context. The focus of the report will be given to some reasons why these policies have failed or are showing delayed results that are below expectations.
9 Pages(2250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Financial effects and constraint paper for FREE!