Hacker Noon January 3, 2022
Brian Wallace

By 2024, the global market for pharmacy automation will reach nearly $8 billion. The highest technology priority is improving operations with machines such as automated dispensing cabinets and controlled substance tracking. Thanks to the problems created by COVID-19, hospital pharmacists have seen their technology initiatives change dramatically.

Thanks to the pandemic, pharmacies are facing rising costs, decreased revenue, and staff burnout. The necessary infrastructure for PPE and physical distancing added costs to the balance sheet. The drop in elective procedures and new prescriptions reduced the revenue coming in. Even before the pandemic, 75% of pharmacists reported symptoms of burnout. As of May 2021, 4 in 5 pharmacies struggle to fill open positions, the most common of which being pharmacy...

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