Physician Dispensing – Good for You, Good for Your Patients

What are you doing to enhance your clinic services? Dispensing from the clinic is widely accepted as a great benefit to physicians and patients alike. Medications go hand-in-hand with the care process and are a natural product extension of your clinic’s services. Let’s recap some of the benefits:

  • Convenience – patients like to get their medications at the point of care.
  • Compliance – according to the Journal of General Internal Medicine, 28 to 31% of prescriptions go unfilled.  Giving the prescribed medications to the patient in the helps address this aspect of non-compliance.  See this post for more specifics on compliance benefits.
  • Clinic Revenue – estimates vary but the typical dispensing physician can recognize $300-$500 of additional profit per day from dispensing activities.  These numbers are achievable without increasing costs to your patient.

A softer benefit is positioning your clinic as a full-service medical provider. Many dispensing physicians offer other ancillary services that complement the care they already provide. A medication dispensing program complements core health services and adds another level of sophistication to your value proposition. Value proposition in a clinic? Absolutely! Your patients always have a choice. In addition, in office dispensing is made easier by purchasing prepackaged medications, using a robust medication dispensing system and working with reputable pharmaceutical distributors that specialize in physician dispensing (like Northwind Pharmaceuticals!).

Setting up a doctor dispensing program is easy:

  1. Build a formulary of frequently prescribed medications.
  2. Identify your 80/20 – which products will be most beneficial to the patient and be within a competitive price range.  (We can help!)
  3. Schedule training on our dispensing application.
  4. Order medications.
  5. Begin dispensing meds to your patients!

 

If you’re ready to lead, we’re ready to build.

The healthcare system won’t fix itself. But you don’t have to wait for reform.
You can design your own solution, and we can help you do it right.