SoftPath Technologies is introducing a new product that integrates pharmacy POS technology with hospital management. With their Pharmaceutical Business Process Automation (PBPA) tool, Softpath is surpassing the capabilities of more traditional healthcare management systems.
One of the key features of PBPA is that final A: automation. By automating many aspects of patient and clinical management, SoftPath aims to provide better overall experiences for both patients and hospital administrators—making everyone happier in the long run. A new automated analytic tool also plays an important role in helping pharmaceutical companies reach their target market. Prior to PBPA, post-production analyses of how any given product was being used had to be performed manually or, at best, semi-automatically. PBPA’s new automatic analytic tool, which analyses real-time data, can therefore serve as a huge time saver for companies and help business owners design strategies quickly and effectively. And as we all know, time equals money.
One of the most promising aspects of SoftPath’s new healthcare POS tool is that it goes far beyond the capabilities we’re used to seeing, capabilities like inventory management, billing, and reporting. PBPA simplifies record keeping and significantly reduces the risk of losing records because all items are tracked electronically. In an industry where better record keeping can equal better treatment, this tool could quite literally be a lifesaver. The POS system also reduces administrative costs and fully complies with many healthcare and insurance regulations.
All the advancements that have been integrated into the PBPA tool work together to create a more efficient overall system. PBPA achieves this higher efficiency by merging several different management systems: patient, clinical, and pharmacy. According to the SoftPath website, these systems work as follows:
-PBPA’s Patient Management System maintains the Patient’s history (Prescriptions and Refills etc) and makes it easier for both the Pharmacies and the Patients in adhering to the HealthCare regulations and in the Relationship Management.
-PBPA’s Clinical Management System, integrated with Hospital Management Systems, forms a cohesive solution to address all Patient needs – from maintaining the patient data to the insurance claims and the reimbursements. The solution helps in faster clinical and administrative activities.
-PBPA’s Pharmacy Management System streamlines the post-market analytics process of Pharmaceutical products in deriving the various analytics that help the Pharmaceutical Company make strategic decisions on the product’s manufacturing – may it be about continuity of the product or quantity to manufacture.
SoftPath Technologies’ Pharmaceutical Business Process Automation tool is a promising step forward in Healthcare POS. It also serves as a great example of the usefulness of point of sale technology across all industries.
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