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This exploratory research examines the pharmaceutical inventory control practices of a local area hospital and demonstrates the utility of two alternative quantitative approaches. Pharmaceuticals represent a large cost factor for most hospitals due to the significant costs of these products and the storage and control requirements. The hospital stores drugs in the Central Pharmacy and at variou...

The effects of introducing a hospital formulary alone and with active intervention were compared prospectively with regard to drug costs and the quality of prescribing. Intervention comprised feedback on prescribing habits, peer comparison, and information on drugs. Aspects of prescribing that were not subjected to intervention did not alter. In the year in which intervention occurred generic p...