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What does floor stock mean?

What does floor stock mean?

Floor stock means a supply of drugs that have been distributed for the purpose of general administration by a prescriber or other authorized person pursuant to a valid order of a prescriber.

How many types of drug distribution system in hospital?

Drug distributions to inpatients falls within four categories are as follows: Individual prescription order system. Complete floor stock system ( Charging policy). Combination of above.

What are the different types of drug distribution system?

Drug Distribution Methods

  • Ward – controlled system.
  • Pharmacy controlled imprest based system.
  • Pharmacy controlled patient issue system.

What is the drug distribution system in hospital?

COMBINATION OF INDIVIDUAL DRUG ORDER AND FLOOR STOCK SYSTEM: This system is used in those hospitals where patients pay for their hospitalisation and hospitals used the individual prescription order system as their primary means of dispensing but have several drugs in the floor stock.

How do you find a stock floor?

Draw a line through at least two key turning points where a stock stopped advancing and turned back down. This is a ceiling, or resistance. Draw another line through at least two key turning points where a stock stopped declining and turned back up. This is a floor, or support.

How do you determine a stock floor?

The following are some ways of getting an estimate of the floor of the stock price:

  1. Cash on the Balance sheet. On the balance sheet, take the Cash and short term investments value and divide by the shares outstanding.
  2. Discounted P/E of similar companies.
  3. Discounted value of Assets.
  4. Doomsday pricing.

What is the main advantage of using a floor stock system?

What are the advantages of floor stock system? allows standardization of medications based on patient being served, availability of critical drugs in an ER department.

What is complete floor stock system?

Complete floor stock system: Under this system ,the drugs are given to the patient through the nursing station and the pharmacy supplies from the drug store of a hospital. • Drugs on the nursing station or ward may be divided in to.

What is the best drug distribution system?

Unit dose distribution systems (UDDS) have long been established as the safest form of drug distribution. A UDDS system applies to oral medication. The equivalent for intravenous medications is a CIVA (Central Intravenous Admixture) system.

What is charge Floor stock?

a . Charge floor stock system: Medicines which are stocked on the nursing station at all times and charged to the patient’s account after they have been administered to them. Dispensing of floor stock drugs.  The patient is charged for every single dose administered to him.

What happens when a stock hits the floor?

If a stock price reaches resistance and trades down on higher volume, it is likely that it will decline to test the support or floor. They buy in at support and sell out at resistance until other indicators, such as volume, show that demand for the stock at support is dwindling due to declining volume. …

What is considered a floor?

A floor is the bottom surface of a room or vehicle. Floors vary from simple dirt in a cave to many-layered surfaces made with modern technology. The levels of a building are often referred to as floors, although a more proper term is storey.