What is drug revolving fund?
A revolving drug fund is a scheme where drugs are sold at cost-price, plus a mark-up, and the revenue is used to replenish the drug stocks. Probably the most difficult part of establishing an RDF is setting prices.
What are the disadvantages of drug revolving fund?
Disadvantages are: people may feel cheated if they require only a cheap treatment, such as aspirin or chloroquine. many patients do not return for a second consultation during an illness, because of the additional cost. it is difficult to calculate what the fixed charge should be to cover all the costs of a new RDF.
Why do drug revolving funds fail?
Most DRF systems in Nigeria failed mainly due to the inability of the hospitals and healthcare centres to pay for the drugs supplied. In recent times, a few states, with the help of some donor agencies, are reviving their DRF systems with strong governance and financial management.
What is RDF in pharmacy?
One method for financing pharmaceutical supplies has been the establishment of revolving drug funds (RDFs) in which, after an initial capital investment, drug supplies are replenished with monies collected from the sale of drugs.
WHO list of essential medications?
- 1 Anaesthetics, preoperative medicines and medical gases.
- 2 Medicines for pain and palliative care.
- 3 Antiallergics and medicines used in anaphylaxis.
- 4 Antidotes and other substances used in poisonings.
- 5 Anticonvulsants/antiepileptics.
- 6 Anti-infective medicines.
- 7 Antimigraine medicines.
What is the rational use of drugs?
Rational drug use (RDU) is the process of appropriate prescribing, dispensing, and patient use of drugs for diagnosis, prevention, and treatment of diseases.
What are the advantage of drug revolving fund?
Keeping costs of drugs and dosage forms affordable and cost-effective so as to optimize the use of financial resources. Having drugs available for the treatment of the most prevalent diseases, ailments, sicknesses at the levels of care provided. Availability of safe, effective and good quality drugs.
What are the objectives of drug revolving fund?
Drug Revolving Funds (DRF) are a scheme where drugs and medical consumables are sold at cost-price, plus a mark-up, and the revenue is used to replenish stocks, while ensuring that the drugs remain affordable to those who need them.
How many drugs is considered polypharmacy?
Polypharmacy, defined as regular use of at least five medications, is common in older adults and younger at-risk populations and increases the risk of adverse medical outcomes.
What is irrational drug use?
According to the World Health Organization (WHO), “irrational use of medicines implies that patients get medications inappropriate to their clinical conditions, doses not that meet their requirements for the desired period.”7 Worldwide, over half of all medicines are prescribed, dispensed, or sold inappropriately and …
What are the four types of polypharmacy?
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What is rational drug use?
Rational use of medicines requires that “patients receive medications appropriate to their clinical needs, in doses that meet their own individual requirements, for an adequate period of time, and at the lowest cost to them and their community.
What are the consequences of irrational drug use?
Some of the public health and economic consequences of irrational use of drugs are: Adverse, possibly lethal effects, e.g. due to antibiotic misuse or inappropriate use of drugs in self-medication. Limited efficacy, e.g. in the case of under-therapeutic dosage of antibiotics, tuberculosis or leprosy drugs.