Institutional Pharmacy Practice - Role of the Pharmacist
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Questions and Answers

What is one of the key responsibilities of hospital pharmacy teams in ensuring patient safety?

Identifying and discontinuing duplicate or unnecessary therapies

How do hospital pharmacy teams contribute to collaborative patient care?

By working in collaborative practice agreements to facilitate access to care and decrease the demand of physician-provided care

What is one of the ways hospital pharmacy teams promote medication adherence?

By providing behavioral and educational counseling to improve medication adherence

What is a key aspect of medication therapy management provided by hospital pharmacy teams?

<p>Monitoring outcomes of medication therapy, including effectiveness and safety</p> Signup and view all the answers

How do hospital pharmacy teams perceive their role in patient care?

<p>Both patients and other healthcare professionals acknowledge the significant contributions institutional pharmacists make in patient outcomes</p> Signup and view all the answers

What is the term for the sum of Beginning Inventory (BI) and Purchases (P)?

<p>Cost of goods sold</p> Signup and view all the answers

What financial statement reports how a business' retained earnings have changed over a period?

<p>Statement of Retained Earnings</p> Signup and view all the answers

What is the purpose of the sources and uses statement?

<p>To show how a business obtained cash during the year and how it used that cash.</p> Signup and view all the answers

What is the term for the amount of merchandise inventory on hand at the end of the year?

<p>Ending Inventory (EI)</p> Signup and view all the answers

What is the problem that accountants face when recording and matching revenues and expenses?

<p>Recording and matching revenues and expenses in the proper accounting periods.</p> Signup and view all the answers

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