Inventory

The HOSP IT Inventory module, coupled with the Purchases module, provides a complete Materials administration solution for hospitals. Completely integrated with the HOSP IT system, Inventory automatically records and manages in real time all changes in stock levels throughout the hospital. Whenever an item is sold, dispensed within the hospital or has its stock level adjusted, its movement is immediately recorded and simultaneously visible to Inventory users. As items are charged to a patient's account, they are automatically deducted from the inventory of the providing store.
Replenishment between stores occurs either automatically or semi-automatically, as set up per item per store. When an item reaches a defined minimum level, a purchase request is automatically available for processing in the Purchases module. All inventory movements are posted to the General ledger.
Inventory workflows are further enhanced with the addition of peripheral devices such as hand-held stock check devices and full barcode printing and reading functionality.
Integration with the Purchases module provides interactive tracking of stock movements, departmental requisitions, stock transfers, purchase processing, stock usage, physical count, inventory and warehousing in a multi-stores environment.
Inventory and Purchases transaction effects on financial accounts are reflected in the General Ledger
Information regarding item movements in real time, minimizes unnecessary inventory and provides the ability to track charges and decrease errors caused by manual entry of items to a patient's account.
Audit trails for the entire materials administration process, from items maintenance to receiving records, increases the information available to managers for tracking changes in inventory and Purchases that affect daily operations and margins.
On-line reports for all types of stock movements and the ability to view all data at line item level ensure unnecessary and expensive inventory is not held and necessary items are always located where they are needed.
Online inquiries that display real time information on receipts, issues, returns, adjustments, transfers, purchase order histories, or current inventory breakdowns allow for timely administration of inventory levels.
Handheld bar code readers and barcode wands increase productivity of inventory and clinical personnel and reduce the chance of missing charges on a patient's visit.
Simple and straightforward set up and maintenance of item pricing, including calculation of margin on all items and selective or across the board increases.
Stock checks can be completed using handheld devices or by data entry.