THE PHARMA LOGISTICS’ BLOG Keeping You Informed About Pharma Logistics and the Reverse Distribution Industry

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A large part of your role as pharmacy technician is inventory management: helping to keep an accurate record of all the products your pharmacy has in stock. Overall, the goal of your pharmacy is to order and sell the right products to customers who will purchase and use them.

The COVID-19 pandemic has had widespread effects across the healthcare industry. Affecting everything from patient care and drug shortages to financial pressures and expanding regulatory guidelines, COVID-19 is estimated to cause American hospitals and healthcare organizations to lose an average of $50.7 billion per month, according to the AHA.   One of the hardest–hit areas is independent pha

What is Reverse Distribution Reverse Distribution involves collecting and removing either damaged, outdated, unsold, or recalled inventory. With the range of reverse distribution services available today, it can sometimes be challenging to determine which ones may be right for your pharmacy

Is your pharmacy struggling to deal with pharmaceutical waste? Pharma Logistics’ new PharmaWaste program can help.   If you’re like most pharmacies, you know that managing pharmaceutical waste is costly and time-consuming. Fail to dispose of it properly, and you could face hefty fines of thousands upon thousands of dol

CHICAGO – August 14, 2020 — Pharma Logistics introduces Rapid Credit ROI Calculator for pharmacies to calculate their expected return value from the company’s Rapid Credit Program. The new calculator, available at pharmal

Libertyville, IL and Milwaukee, WI – November 17, 2020 – Pharma Logistics and ConsortiEX, market leaders in serving the needs of pharmacies and hospitals, today announced the launch of their Strategic Collaboration Program. Their new program is focused on improving inventory efficiency, reducing cost, improving patient safety, managing cash flow and compliance for their cust

What is Reverse Distribution? Reverse Distribution involves collecting and removing either damaged, outdated, unsold, or recalled inventory from your hospital pharmacy. With the range of reverse distribution services available today, it can sometimes be challenging to determine which ones may be right for you.

A program is only as good as the people behind it. When you sign on for Pharma Logistics’ Reverse Distribution program or any of our other services, you can count on our Customer Advocate Team to address all of your needs and guide you through every step of the proce

What service will benefit your hospital? Hospital pharmacies have many choices for pharmaceutical reverse distribution. Often, it’s hard to understand the differences and weigh their value to your bottom line. Pharma Logistics offers both Box and Ship and Onsite services for hospital pharmacies across the countr

Many hospitals pharmacies rely on an outside vendor to handle their reverse pharmaceutical distribution process to garner return credits.

The current pandemic has upended the community pharmacy business model, dovetailing with ongoing trends in care, technology, and marketing to create new roles and responsibilities for pharmacists and pharmacy technicians alike.

If pharmacists and doctors had reservations about telehealth, it melted away during the COVID-19 pandemic. Video conferencing calls proved to be an effective way to talk with patients while keeping sick and vulnerable patients away from others.

COVID-19 has had a major impact on the healthcare industry, especially in the pharmaceutical space. Drug availability, healthcare infrastructure, and patient behavior have all changed in ways that are predicted to last long after the days of the current pandemic.

Drug shortages were a problem before the pandemic. COVID-19 has furthered the issue by negatively impacting supply chains, intensifying already existing drug shortages.

At Pharma Logistics we understand that making the right business decisions is critical to your profitability.  We also know that to do that, you need a clear view of all the relevant data.  That’s why we’re handing you the keys to real-time, item-level visibility on every pharmaceutical return so you don’t los

When looking at your business performance in relation to your reverse distributor, you should ask yourself is your business better off than it was before?

A pharmaceutical reverse distributor should be more than just a processor of drug returns. A good reverse distributor should be a partner to your pharmacy. They should provide data and insights about your pharmaceutical returns and inventory processes that help improve your bottom line.

CHICAGO – April 30, 2020 — Pharma Logistics opened its new facility today on North Butterfield Road in Libertyville, Illinois. The 126,611 square-foot facility houses Pharma Logistics’ corporate office space and fulfillment center under one roof. The new facility expands and combines the company’s previous operations in Mundelein and Liber

COVID-19 is having widespread effects on the healthcare industry. From overburdening healthcare facilities to causing hospitals to run out of critical supplies, the novel coronavirus is putting a heavy strain on healthcare providers, doctors, and drug manufacturers across the world.

Drug shortages are a major pain point in the pharmaceutical industry, which is having a widespread effect on the healthcare industry as a whole. While new drug shortages are largely on the decline, many active shortages aren’t going away, leading to a problem that’s only getting worse with t

Ever since the peak of drug shortages occurred in 2011 at a staggering rate of 267 new cases, not having the right medications has seemed like a never-ending problem for the healthcare industry.

Drug shortages continue to be a growing problem for the healthcare industry. 2019 saw a total of 166 new drug shortages appear, with 264 active shortages still unsolved by Q4 of last year. Every new shortage can lead to another bout of delayed treatments, medication and dosing errors, and rising costs for drug alternatives.

It’s our goal to help you stay informed. We found a simple, helpful overview of COVID-10 from John Hopkins Medicine we wanted to share. You can always check out their site for more information or visit the Centers for Disease Control and Prevention landing pa

During this unprecedented public health crisis, the role that pharmacies, hospitals and health care workers play in your communities is more important than ever. Pharma Logistics is here to support you in that role. The health and well being of our Pharmers, your staff and your patients is of paramount importance to us.

For some time now, the root cause of drug shortages around the globe has been somewhat of a mystery. In fact, back in 2013, the reason for nearly half of all reported shortages was unknown. Fast forward to 2019 and we’ve gained some well-needed clarit

Drug shortages are a rapidly increasing problem for the healthcare industry. Over 99% of health care organizations have been hurt by drug shortages in recent years, with 126 new shortages already recorded for 2019. These lead to delays in medical procedures, increased costs from expensive drug alternatives, and a higher chance for medication/dosing errors.

CHICAGO, 31 de octubre de 2019 – Pharma Logistics adquirió la división de distribución inversa farmacéutica de Stericycle, Inc. a partir del 28 de octubre de 2

CHICAGO – October 31, 2019 — Pharma Logistics acquired the pharmaceutical reverse distribution division of Stericycle, Inc. effective October 28, 2019. Stericycle retail pharmacy customers using this service in the continental United States and in Puerto Rico will begin working with Pharma Logistics for their pharmaceutical reverse distribution ne

In order to comply with the new USP <800> ruling for hazardous waste handling, it’s critical to maintain quality control standards when it comes to the environment you’re working in.  With the deadline of the new USP <800> ruling for hazardous waste compliance drawing near, you and your staff should prepare your facility accordi

With the deadline of the new USP 800 ruling for hazardous waste compliance drawing near, it’s important to understand what this means for you and your facility.  It’s also equally important to be prep

Each year, more than 8 million U.S. health care personnel are potentially exposed to hazardous drugs (HDs).  The risk is real and can lead to serious health issues for you and/or your staff such as skin rashes, adverse reproductive outcomes, leukemia and other cancers

At Pharma Logistics, we understand how frustrating it can be to keep up with all the changing rules and regulations. That’s why we continue to provide helpful information to guide you through the turbulence and keep you and your staff safe and complian

CHICAGO – June 7, 2019 — Pharma Logistics broke ground today on its new facility on North Butterfield Road in Libertyville, Illinois. The groundbreaking ceremony was attended by Pharma Logistics leadership and staff, village officials and valued gue

The U.S. Drug Enforcement Administration (D.E.A.) will host its 17th Annual National Prescription Drug Take-Back Day on April 27, 2019.  People across America are encouraged to clean out their medicine cabinets of expired and unused prescriptions and bring them to one of the designated disposal sites around their community from 10:00 – 2:00 P

CHICAGO – March 20, 2019 — Pharma Logistics and PDM Healthcare jointly announce the offering of Pharma Logistics reverse pharmaceutical distribution services. Pharma Logistics’ services are focused on compliance, convenience and affordability, while offering insight and analytics on the pharmaceutical returns p

The Difference Between Generation X and Millennials Think about your parents and how you may differ from them. What kind of music do they listen to? What interests them? How were they raised? What was going on in the world then, compared to now? The differences could go on and on.

CHICAGO – March 2019 — Pharma Logistics is announcing a partnership with the CO-OP Power Buying Group of Garden State Pharmacy Owners Association to offer its pharmaceutical reverse distribution serv

The recently passed EPA regulation on hazardous waste pharmaceuticals may leave you with questions on what is now considered a creditable material vs a non-creditable material. At Pharma Logistics, our goal is to ensure your compliance while helping you get the credit you deserve on returnable materials.

Among their many other critical duties, pharmacy staff are tasked with safely disposing of hazardous waste materials, including certain substances and drugs defined at the federal level. However, the many classifications and stipulations can make it difficult to track exactly what your liability is.

As a pharmacy professional, you operate a facility that plays a pivotal role in the nation’s drug supply chain: dispensing medications to the public. It almost goes without saying that a pharmacy is a highly-regulated busines

 Pharmaceutical Waste Facts: Hospitals throw away 250 million pounds of unused drugs every year, costing them $30 billion. Pharmaceutical waste was detected in 80% of the streams sampled by the USGS in a 2002 study. Only 3.5 to 4% of all manufactured pharmaceutical products are returned through reverse distribution. With the upcoming Drug Supply Chain Security Act (DSCSA) entering

If you rely on a reverse distribution vendor to handle your pharmacy’s process, make sure they can provide you with full post-process compliance reports. For example, you may be asked to provide them to the EPA or other regulator

Reverse distribution is a dynamic industry which determines drug cost according to many rapidly-changing variables, each of which fluctuates according to price data, calculations and more. Prices are recalculated and modified at every link of the drug supply chain, making pricing a science.

According to a 2018 report from the HDA (Healthcare Distribution Alliance) Research Foundation (titled ‘The Role of Reverse Distribution), reverse distribution generates more than $13 billion annually in product values. This represents a major opportunity for pharmacy owners and directors to recoup significant ROI from recalled and returned produc

Delivering Compliance and Value to Government Organizations CHICAGO – October 30, 2018 — Pharma Logistics is announcing it has secured pharmaceutical reverse distribution contracts with the Department of Defense—Outside Continental United States (DOD OCONUS), the U.S. Department of Veteran’s Affairs (VA), the Indian Health Service (IHS), the Federal Bureau of Prisons (BOP), and

Every hospital pharmacy must optimize the two C’s of building a successful healthcare practice: care and compliance. Pharma Logistics has provided reverse distribution services to support hospital reconciliation programs for over 20 years, all while maintaining airtight legal and regulatory complianc

Benefits of Drug Take-Back Programs Drug Take-Back programs at pharmacies offer community members the opportunity to properly dispose of prescription drugs and over-the-counter medications.

As a pharmacy technician, a key function of your job is inventory management. And the pharmaceutical drug return process is an important part of inventory management: The first step in the returns process is clearing your pharmacy’s shelves of expired, damaged, or otherwise unsalable inventor

As a hospital pharmacy technician, a key function of your job is inventory management. And the pharmaceutical drug return process is an important part of inventory management: The first step in the returns process is clearing your pharmacy’s shelves of expired, damaged, or otherwise unusable inventor

Although you don’t operate within a retail environment, as a hospital pharmacy technician, you still provide “customer service.” Unlike retail pharmacy technicians, who serve patients directly, your immediate “customers” are actually the members of the hospital’s medical team: the nurses and doctors whose prescription and medication requests you fulfil

As a pharmacy technician, you’re the engine of the pharmacy. You not only manage inventory, but you’re also the friendly face who takes care of customers when they walk in. You help them get the medications they need in a timely fash

A large part of your role as pharmacy technician is inventory management: helping to keep an accurate record of all the products your pharmacy has in stock. Overall, the goal of your pharmacy is to order and sell the right products to customers who will purchase and use them.

A large part of your role as hospital pharmacy technician is inventory management: keeping an accurate record of the products your pharmacy has in stock. Overall, the goal of your pharmacy is to order and stock the correct products and quantities to meet the needs of the hospital’s patient populatio

As a hospital pharmacy technician, you are a key member of the pharmacy and of the larger medical team. You’re the “go-to” for medical staff who need prompt assistance with medications. And you’re the detail-oriented team member who acts as the steward of the pharmacy’s

As a pharmacy technician, you are a key member of the pharmacy team. You’re the friendly face behind the counter. And you’re the detail-oriented team member tracking inventory in the back. In your role, you face many demands that even the most seasoned technicians consider challeng

To succeed, every pharmacy must optimize the two C’s of building a strong business: cash flow and compliance. With over 20 years of experience, Pharma Logistics has provided reverse distribution services to support pharmacy cash flow—while maintaining airtight legal and regulatory complia

Many hospitals and pharmacies rely on an outside vendor to handle their reverse pharmaceutical distribution process to garner return credits.

Box and Ship or Onsite Pickup – which return service is best for your pharmacy? With the wide range of reverse distribution services available today, it can be challenging to determine which one is ideal for your pharmacy. Pharma Logistics offers two popular services that make the pharmaceutical returns process easier and more visible.

What works best for you? Pharmacies have many choices for reverse pharmaceutical distribution. Often, it’s hard to understand the differences and weigh their value to your bottom line. Pharma Logistics offers both Box and Ship and Onsite services for pharmacies and hospitals across the countr

Sometimes, during the pharmaceutical returns process, a drug cannot be returned to the manufacturer for credit. There are many reasons why drugs may be classified as nonreturnable.

Handling Your Expired Pharmaceutical Product Returns With the range of reverse distribution services available today, it can sometimes be challenging to determine which ones may be right for your pharmacy. The following is a brief overview of the types of services available for expired pharmaceutical product returns.