TMCnet News
Tanner Health and InStockRx Partner to Ensure Every Medication Dose Reaches a Patient in NeedInStockRx today announced a strategic partnership with Tanner Health, a nonprofit regional healthcare provider serving west Georgia and east Alabama, to move beyond traditional medication inventory management toward a model of total medication stewardship. In the complex world of hospital pharmacy, even the most efficient systems face a "structural gap" - medication that is not yet expired but cannot be returned to wholesalers. The partnership would eliminate medication waste and ensure that every dose is used for treating a patient. "In a healthcare setting, we cannot view medication waste as just a line item on a balance sheet. A wasted dose is a missed opportunity for a patient," said Ron Hartman, PharmD, MHA, FACHE, system director of pharmacy at Tanner. "Our team is already incredibly lean and efficient, but we refuse to accept the idea that any amount of waste is standard. If there is a patient in one of our facilities who needs a medication that is sitting idle in another, our job isn't done. With this platform, we are ensuring that every dose we purchase fulfills its intended purpose." The partnership focuses on creating enterprise-wide visibility to bridge the gap between surplus and need. InStockRx integrates with Tanner's existing supply chain and automated dispensing cabinets (ADCs) to:
The scale of the challenge is nationa. While U.S. hospitals spent approximately $115 billion on medications in 2023, industry analysts suggest that 2% to 3% of inventory consistently falls into a "dead zone" that is not yet expired but no longer returnable. "Tanner is a leader because they recognize that stewardship is a clinical priority. Even if a system is 99% efficient, that 1% represents real patients," said Mac Dougherty, CEO of InStockRx. "We built InStockRx because we believe that in a world of drug shortages and rising costs, 'good enough' isn't good enough when it comes to patient access." The InStockRx platform maintains the highest standards of safety and compliance, providing full Drug Supply Chain Security Act (DSCSA) track-and-trace data for every transaction. This ensures that as medications are moved to where they are needed most, the integrity of the clinical supply chain remains uncompromised.
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