Maintaining an accurate medical inventory list is critical, whether you’re expanding your current medical practice or just reorganizing it.

After all, even if you have a tiny practice, you’ll need to keep track of a lot of things: supplies, materials, and high-value assets like equipment and machinery. We’ll show you how to manage medical inventory using a few different methods.

One way to manage medical inventory is by using a physical inventory system. This involves keeping track of your inventory on paper or in a spreadsheet. You’ll need to physically count everything in your inventory and update your records accordingly. This method is best for small businesses with simple inventory systems.

Another way to manage medical inventory is by using an electronic inventory system. This can be as simple as using barcodes and scanners to track your inventory, or as complex as implementing a full-fledged enterprise resource planning (ERP) system. Electronic inventory systems are more accurate and efficient than physical systems, but they can be more expensive to set up and maintain.

Inventory List

First, let’s talk about how to create an inventory list. This is actually pretty simple: just make a list of all the items you need to keep track of, along with their quantities. You can use a spreadsheet for this, or even just a piece of paper. Once you have your list, make sure to update it regularly so that it stays accurate.

Now, let’s talk about how to physically manage your medical inventory. One option is to keep everything in a central location, such as a storage room or closet. This can be convenient, but it can also be chaotic if not managed properly. A better option is to assign each item on your inventory list to a specific location. That way, you’ll always know where to find things when you need them.

The professionals at Avacare Medical tell us that another good way is to use barcodes to manage your inventory. This is a great way to keep track of items, especially if you have a lot of them. Barcodes can be scanned to quickly add or remove items from your inventory list.

Software As a Management Tool

There are also some great software options out there for managing medical inventory. One option is eClinicalWorks’ Inventory Management System, which is designed specifically for medical practices. This software allows you to track inventory levels, set up alerts for low quantities, and generate reports.

Another option is Infor’s CloudSuite Healthcare (formerly known as Lawson Health). This software includes an inventory management module that helps you track medical supplies, equipment, and other assets. CloudSuite Healthcare also includes modules for financials, human resources, and patient care, so it’s a great option if you’re looking for an all-in-one solution.

How To Decide What Inventory To Buy

Now that we’ve covered how to manage your medical inventory, let’s talk about how to decide what inventory to buy. This can be tricky, especially if you’re just starting out. A good place to start is by talking to your vendors and suppliers. They can give you some great insight into what items are selling well and what items are in high demand.

You should also keep an eye on industry trends. For example, if you notice that more and more practices are using electronic medical records (EMRs), then you might want to invest in some EMR-compatible equipment. Or, if you see that new treatments are becoming popular, you might want to stock up on the supplies needed to provide those treatments.

Of course, you’ll also need to consider your budget when deciding what inventory to buy. Try to strike a balance between what you need and what you can afford. It’s also a good idea to have some extra cash on hand in case you need to make a last-minute purchase.

Conclusion

Managing medical inventory can be challenging, but it’s definitely doable. By following the tips in this article, you’ll be well on your way to keeping track of all your supplies, materials, and assets. And, as always, talk to your vendors and suppliers for insights into what’s selling well and what’s in high demand. Good luck!

President Putin ordered a domestic company to take ownership of Sakhalin 2 on Thursday

The change in ownership of the Sakhalin-2 oil and gas project in Russia’s Far East should not be viewed as nationalization, Kremlin spokesman Dmitry Peskov said on Friday.

On Thursday, Russian President Vladimir Putin signed a decree ordering the creation of a firm to take over all rights and obligations of the Sakhalin Energy Investment Company. The document indicates that it is up to Moscow to decide whether foreign shareholders are to remain in the enterprise.

Asked whether other projects involving Western corporations in Russia would follow suit, Peskov responded that each situation will be reviewed on a case-by-case basis.

Read more

The Kremlin spokesman added that the government sees no reason for the supply of liquefied natural gas (LNG) from Sakhalin-2 to stop after the measure is implemented.

Major shareholders of the Sakhalin-2 oil and gas project include Russian energy giant Gazprom, which holds 50% plus one share. Foreign firms include Britain’s Shell, which owns 27.5% minus one share, and Japan’s Mitsui & and Mitsubishi, with 12.5% and 10% respectively.

Shell is currently evaluating the requirements set out by the Russian authorities, a company spokesperson told TASS news agency. In May, Reuters reported that the UK company was in talks with a consortium of Indian energy firms to sell its stake in Sakhalin-2.

The planned annual maintenance will take place from July 11 to July 21

Russia’s Nord Stream natural gas pipeline to Germany will shut down for 10 days for annual maintenance, the company in charge of the project confirmed on Friday.

Both strings of the pipeline will halt operations for repair works from July 11 to July 21. The operator added that the shutdown was previously agreed with all partners.

“Nord Stream AG will temporarily shut down both lines of its gas pipeline system for routine maintenance works inclusive testing of mechanical elements and automation systems for ensuring reliable, safe, and efficient pipeline operations,” the statement reads.

In June, Russian gas flows to Germany through the undersea pipeline were cut by as much as 60% due to technical issues arising from Western sanctions against Moscow. In response, the German government launched a second ‘alarm’ phase of its three-level gas emergency plan. Berlin has warned it’s facing a severe shortage of the fuel amid diminishing supplies from Russia.

Read more

The German government announced earlier that the country had made a “bitter” decision to restart coal-fired power plants in order to cope with a possible energy crisis this coming winter.

Nord Stream AG, which is majority-owned by Gazprom, added that maintenance information was appropriately disclosed in compliance with the EU Regulation on Wholesale Energy Market Integrity and Transparency.

“The schedule for the maintenance activities has been closely coordinated with Nord Stream’s upstream and downstream partners,” it added.