A usage status notification method and corresponding medication storage device (e.g., mobile medication dispensing cart, medication cabinet, nurse server, etc.) are provided. To generate the usage status notification, the status of one or more components of the medication storage device may be monitored. An in-use notification signal may be generated if it is determined that the medication storage device is in use at a certain point in time (e.g., when a user is logged into the medication storage device). An available notification signal may be generated if it is determined that the medication storage device is available for use at a certain point in time (e.g., when a user is logged out of the medication storage device). Other types of usage status signals may also be provided.