Physician Dispensing Solution Can Render Huge Profit to a Business

Many states in the United States allow doctors to prescribe and dispense prescriptions directly to their patients from their offices. Physicians must meet certain standards and adhere to several safety measures, which vary by state. This isn't just about increasing income for the practice; it's also about improving patient convenience.

What Role Does Pharmacy Software Play in This?

When it comes to physician dispensing solutions, it's crucial to work with dispensing software provider who knows your needs and can give you the resources you'll need to run a good dispensing model. We found that dispensaries don't need the same level of help as a retail pharmacy, and they only use a fraction of the technology, so we created a special dispensary pricing package.

What are the various dispensary models that are available?

Cash and Carry: When you use such a model, you don't use the patient's drug benefits to process prescriptions. This model has proven to be very successful for many dispensaries since it eliminates the need for credentialing with insurance companies. Without having to think about insurance reimbursements, you can fill a prescription for any patient. This is particularly useful for practices that dispense low-cost generics, compounds, non-NDC products, and specialty goods.

Insurance Adjudication: To be willing to accept patient insurance, several dispensaries chose to be credentialed with PBM networks (payers). This model is somewhat close to how a traditional retail pharmacy operates. Insurance claims adjudication, patient drug copayments, and third-party claim reconciliation are all part of this model.

Is physician dispensing a good fit for me, and how do we get started?

If you're thinking of becoming a doctor, the first move is to learn about your state's dispensing rules. After you've done your homework and understand the criteria, you'll need to decide which model is best for you. Many practices choose to start with cash and carry and then expand to embrace insurance in the future.

In physician dispensing, how PD-RX Pharmaceuticals in OKC sets the difference:

• Bundle pricing that helps keep monthly costs down.

• For years our awareness of this model has developed as a result of our experience with it.

• Our team has the skills and expertise to best understand your needs and model in order to better serve you. While some physician dispensing solutions are less expensive to get you through the door, they have little to no service. We will also assist your employees with getting insurance claims paid – it's called claims adjudication assistance, and it's included in your monthly schedule.

• Our program includes features to assist you in running your dispensary, such as a built-in payment acceptance module.

**Disclaimer: The information on this page is not intended to be a doctor's advice, nor does it create any form of patient-doctor relationship.