Compare Lynx vs. SpaceTRAX

Enhance your cash flow and automate the ordering of specialty drugs with McKesson's innovative web-based inventory management solution tailored for specialty practices. Lynx® is a flexible, online system specifically created to assist specialty practices in navigating the complexities of providing injectable and infusable medication therapy. As the premier inventory management tool for outpatient facilities, Lynx supports over 3,100 physicians across 1,100 locations in administering infusion and injection therapies to patients facing intricate medical conditions. With an easy-to-use dispensing interface that aligns with your unique workflows, you can accurately capture every billable charge and minimize waste. By directly connecting with your billing application, Lynx enhances accuracy and efficiency in charge submissions. Additionally, by seamlessly integrating with your practice management software, electronic health records, and ordering systems, you can further streamline your operational processes. This comprehensive approach not only simplifies medication management but also promotes better patient outcomes through improved service delivery.

The SpaceTRAX system offers a web-based solution for managing clinical inventories across various medical settings, including cardiac cath labs, interventional radiology, operating rooms, and endoscopy/GI labs. This real-time point-of-use inventory management tool effectively connects clinical supplies with physicians, patients, and the procedures performed. By providing an up-to-date overview of inventory levels, SpaceTRAX enables healthcare facilities to make informed purchasing decisions based on actual consumption patterns. Users often experience a reduction of 5% to 15% in on-hand inventory within the first six months, while also eliminating unnecessary “just-in-case” purchases and items that go unused. With accurate data reflecting usage, facilities can leverage this information to negotiate more favorable terms with suppliers. Additionally, SpaceTRAX enhances charge capture by streamlining compliance processes for staff; they can simply scan a barcode, and the system will manage the rest. Moreover, its integration with hospital electronic medical record (EMR) systems allows for direct transmission of item charge information to billing systems, resulting in charge capture improvements of up to 25%. Ultimately, SpaceTRAX not only optimizes inventory management but also supports better financial outcomes for healthcare providers.