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System and method for pharmaceutical management and tracking

  • US 10,380,543 B2
  • Filed: 06/12/2015
  • Issued: 08/13/2019
  • Est. Priority Date: 12/02/2005
  • Status: Active Grant
First Claim
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1. A product inventory management system comprising:

  • a cabinet configured to contain a plurality of pharmaceutical product units having radio frequency identifier (RFID) tags, the cabinet further configured to monitor the pharmaceutical product units by wirelessly detecting the RFID tags; and

    a server system configured to communicate over a network with the cabinet, the server system configured to manage contents of the cabinet, the server system configured to initiate an order to have additional pharmaceutical product units added to the cabinet according to a current inventory list for the cabinet;

    wherein the pharmaceutical product units in the cabinet include consignment pharmaceutical product units,wherein the server system is configured to (i) maintain one or more of the pharmaceutical product units on the current inventory list for at least a predetermined time period after removal of the one or more pharmaceutical product units from the cabinet, and (ii) remove the one or more pharmaceutical product units from the current inventory list following an expiration of at least the predetermined time period after the removal of the one or more pharmaceutical product units from the cabinet, andwherein the server system is configured to create an invoice in response to removal of at least one of the pharmaceutical product units from the current inventory list.

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