[Discussion]

Anyone out there track this data? What does a pharmacy make at the GROSS level when you click "Verify" For this informal poll assume: GROSS REVENUE - INGREDIENT COST = GROSS PROFIT

Insurance covered patients = $ reimbursed by insurance per fill + co-pay from patient (if applicable) - COGS [ingredient cost] for that fill

Cash patients = What pt actually pays (- discount cards/programs) - COGS [ingredient cost]

Want to keep at gross profit label so don't think about salaries/costs of supplies/electricity etc DIR - while significant - keep that our of this equation

Not looking for names of any pharmacies! but if ya wanna say chain or independent that's cool

Ex: Box of Humalog Pens: Reimbusement $40, COGS $45, Pt Copay $20 = Gross profit = $15. Tougher part is to get that average across a month's work of scripts (including the lisinoprils @ 0.17)

For me...

1. Large Chain that did not allow pharmacists access to ingredient costs: My regional director told me many times the average Gross Profit across all 2,500 stores was $0.38 per Rx
2. Five-store independent: Gross Profit average $8.50

https://ift.tt/eA8V8J Submitted October 28, 2019 at 06:26AM by RPhbynature https://ift.tt/34bozzl