Name: McKesson Lynx
Author: McKesson

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The McKesson Lynx is an Inventory Management System specifically designed for specialty practices. According to the vendor, this solution caters to the needs of specialty physicians, outpatient practices, specialty pharmacies, biopharmaceutical companies, and other specialty healthcare providers. McKesson Lynx aims to streamline inventory processes, enhance financial insights, and improve overall efficiency for businesses in the healthcare industry.

## Key Features

**Complete Charge Capture**: According to the vendor, users can capture every billable charge and instance of waste through an intuitive dispensing interface that aligns with specialized workflows. The system also allows for direct integration with billing applications to submit complete charges.

**Lean Inventory Processes**: The vendor claims that this system helps eliminate excess inventory and ensures that the drugs on the shelves are exactly what is needed. Reporting and analytics tools are provided to avoid drug wastage.

**Streamlined Processes**: According to the vendor, McKesson Lynx integrates directly with practice management, EHR, and ordering systems to streamline processes. The system is web-based, allowing multiple staff members at multiple locations to access it simultaneously.

**Financial and Data Insights**: Users can access intuitive, on-demand reports to identify revenue and cash flow opportunities, track usage trends, and perform audits to identify discrepancies between dispensing and billing, according to the vendor.

**Easy Accessibility**: The vendor states that McKesson Lynx is a 100% web-based platform accessible anywhere, at any time, and by multiple users. Existing PCs or browsers on other devices can be used.

**Secure Inventory**: The system offers flexible solutions to support the needs of different practices. The vendor claims that the modular cabinet design allows for choosing from multiple configurations or securing existing storage using remote locking devices.

**Power in Mobility**: According to the vendor, users can access the system from any location with internet access, using existing PCs or browsers on other devices.

**Inventory Management**: The system enables users to track, transfer, view, and manage drug inventory across all sites of care, ensuring accurate and efficient management, according to the vendor.

**Customized Medication Labels**: The vendor claims that users can clearly identify medications with customized instructions, improving medication safety and reducing errors.

McKesson's Lynx is  a web-based drug inventory management system for specialty practices.
Lynx is a customizable, web-based specialty medication inventory management system designed to help specialty practices overcome the challenges associated with delivering injectable and infusable medication therapy.

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McKesson Lynx

Inventory management systems are built to handle every stage of the inventory process lifecycle. There are several essential components to most inventory management solutions, starting with order entry capabilities to handle purchase automation. Another standard feature: inventory control and warehouse management to track products and manage workflows through warehouse management. Inventory management systems also typically include distribution capabilities for supply chain management. Fully-featured inventory management systems may also include integrations with customer lifecycle service management, enterprise resource planning software, and robust financial analysis and insights.

Inventory Management

McKesson

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Serial number and batch tracking

Track individual items via serial number or batches of items made or purchased at the same time in addition to total stock of item types.

Barcode scanning

The software offers UPC creation and scanning capabilities or integrations for tracking inventory.

Automation rules

Rules can be established to automate reordering items, applying tags to organize inventory, creating production orders, shipping items via specific carriers or methods, and more.

Reporting and analytics

Reports about historic and current inventory and order trends are available.

Fulfillment

When orders are received, pick orders are sent to the ideal location and fulfillment status can be tracked.

Backorder management

Backorders are prioritized and fulfilled as new stock arrives.

Returns management

Returns are processed and accounted for among orders and inventory.

Bill of materials management

The software can create and manage BOMs based on orders.

Item kitting

Items can be bundled and sold together in a kit, and the software will automate the necessary tracking and fulfillment steps to manage each individual item.

Invoicing

Invoices for orders can be created and sent, and invoices from suppliers can be managed.

Forecasting

The software predicts future inventory and order trends, and may offer reordering and production suggestions based on these predictions.

Accounting integration

The software integrates with accounting software for more comprehensive bookkeeping.

Point of sale integration

The software integrates with a point of sale system for payment processing.

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McKesson Lynx

Overview

What is McKesson Lynx?