SimpleMDRX can help you enhance patient care while generating supplementary revenue for your practice.
The National Association of Chain Drug Stores (NACDS) has reported that 20–30 percent of medication prescriptions are never filled, and approximately 50 percent of medications for chronic diseases are not taken as prescribed.
A review in the Annals of Internal Medicine estimates that non-adherence to medication causes nearly 125,000 deaths, 10 percent of hospitalizations, and costs the already strained healthcare system between $100–$289 billion annually.
For patients on Medicaid or the elderly, transportation to the physician’s office is often a challenge, making trips to the pharmacy even more difficult. In such cases, receiving both services at the same location would eliminate this inconvenience.
Practices that offer in-office dispensing have seen growth in both revenue and profit without the need to hire additional staff or take on extra patients.
In addition to the direct financial benefits, practices also experience increased patient satisfaction, which can lead to higher patient referrals.
Reportedly, practice revenues have increased by 10-15 percent for well-managed in-house pharmacies, thanks to repeat business, effective marketing, and efficient pharmacy management.
We offer custom formularies, providing wholesale products at competitive prices tailored specifically to your patient demographic.
As experts in the field, we are adept at handling pharmaceutical market fluctuations and will work to provide your practice with the best prescriptions at wholesale cost, continuously enhancing the value of our services.
SimpleMDRX also wholesales products, helping our partners maintain low inventories while offering the most aggressive product pricing.
Our web-based software program allows for easy inventory management directly from your Practice Interface.
With just a click, you can view the available medications to dispense. Shipment information is also provided, including corresponding invoice numbers and tracking details.
For medications dispensed at a consistent rate, we can set par levels for convenience, enabling automatic reordering.
All orders are placed through the web-based software and are sent directly to our Account Managers, who review and verify each order.
Orders are tracked, and invoices are entered into the system for your practice by the SimpleMDRX team.
In-office dispensing can save significant time for the practice by eliminating the need for prescription notes, communication with the retail pharmacy, and re-prescriptions if medication is unavailable.
The time spent waiting to fill a prescription at a retail pharmacy can also inconvenience patients, potentially discouraging them from purchasing the necessary treatment.
Furthermore, older or restricted patients often face challenges in finding transportation to their physician’s office, making trips to the pharmacy even more difficult. In such cases, offering both services at the same location would eliminate this inconvenience.
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