Economic sustainability in pharmacy is vital for ensuring that healthcare remains accessible and affordable while preserving the viability of pharmaceutical services. By adopting cost-effective practices, pharmacies can optimize resource allocation and enhance operational efficiency, which in turn reduces the financial burden on both patients and healthcare systems. Key strategies include measures bulk purchasing to leverage discounts, efficient inventory management to minimise waste, and promoting generic medication substitution to provide lower-cost alternatives without compromising quality of care.
Moreover, fostering economic sustainability empowers pharmacies to invest in innovation, staff training, and infrastructure improvements. This investment is essential for adapting to the evolving needs of healthcare and ensuring that pharmacies can deliver high-quality services. A sustainable economic framework not only supports current operations but also positions pharmacies to thrive in a dynamic healthcare landscape.
Aim: To support the sustainability of the pharmacy profession in terms of service delivery.
Objectives:
1. Assess the factors that facilitate or hinder sustainable professional services in pharmacy, providing insights for improvement.
2. Analyse the impact of service remuneration models on the economic sustainability of pharmacy, ensuring that pharmacists are adequately compensated for their roles in patient care.
3. Assist pharmacy members in creating effective policies and practical tools that promote economic sustainability and enhance service delivery within the profession.
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