Integra Scripts’ Post

When you're buying a pharmacy, the most important thing you can do is your due diligence. What exactly is due diligence? Due diligence is the act of acquiring information about the pharmacy you are interested in purchasing so that you can look deeper into the books and get a complete picture of the health of that pharmacy. Make sure your due diligence process includes working with a CPA firm to ensure you are recording all of your pharmacy data accurately. https://lnkd.in/gRMWCgjF #buyingapharmacy #pharmacyownership

Managing DIR Fees is a complex subject, but learning how to manage them is crucial for your pharmacy's cash flow. On average, most pharmacies can fall in the 2-4% range of total annual revenue for DIR fees and adjudication costs. Lowering those total fees by increments can mean thousands of dollars in cash savings to the pharmacy each year. One of the best DIR fee managing strategies is to consider compliance packaging! Since DIR fees correlate to performance metrics and STAR Ratings, methods to improve prescription consistency and compliance can also positively impact your bottom line. By introducing new processes or technologies, you can help your pharmacy gain efficiencies and fee reductions that far outweigh the costs of the equipment and technology investments. Stay tuned for an article that shares strategies to manage DIR fees later this week. #independentpharmacyownership #dirfees #STARratings

Check out today's 340B Report! Maxor's SVP of Pharmacy Operations, Jason Atlas, explains how improving your pharmacy capture rates helps you reach your full 340B savings potential. #340B #Pharmacyservices

🎉NEW for 2024. 📅 📢Introducing Pharmacy Marketplace's COMPLIANCE CORNER, compliance support tips designed with #independentpharmacy in mind. 🏥🙌 📌COMPLIANCE CORNER: Did you know returns count against you?❓ Don't let returns sneak up on you. It pays to pay close attention to returns. 💵 Your Rx returns count against your compliance with your primary wholesaler agreement. 💊 Credit returns count against the ensuing month 📅. Return invoices negatively affect your leakage. Stay on top of you returns. Keep NO MORE THAN 1 MONTH supply of medications to AVOID RETURNS. 📦 📌Stay turned for more tips and tools to keep you compliant. 🦉

Our professional pharmacy cost management service aims to optimize our clients' financial savings, enhance operational efficiency, and maximize the value derived from their pharmacy contracts. Learn more by visiting integrascripts.com! #pharmacysavings #operationsstreamlining #pharmacycontractoptimization 

Compliance insights are critical to your pharmacy operations, especially when it comes to maximizing rebates. Don't miss out on our live webinar with Calvin Hunsicker and Laura C., as they review 3 Ways to Maximize Rebates with Compliance Insights. Save your seat now: https://lnkd.in/gg8VBwvC

Transform your pharmacy into a powerhouse of efficiency! Discover the seamless experience of managing prescriptions, serving customers, and growing your business effortlessly. With our innovative solutions, the future of your pharmacy is brighter than ever! DOWNLOAD NOW or DM us for more!! #mypharmacysoftware #pharmacysoftwaresolutions #pharmacycomputersoftware #computersoftwaresystems #inventorymanagements #inventorysolutions #doctorprescription #medicineprescription #medicineinventoryrecords #medicinalprescription #pharmacysolutionssytems #indiansoftwaresystems #indianpharmacysoftwaresystems

Agents – Hear how Optimyl Benefits is unique in that their PBM contacts assign all pharmacy rebates to them, and they give the employer the option of receiving all their rebates or assigning a portion to Optimyl to lower upfront costs. Click Here to learn more about what Optimyl Benefits has to offer: https://bit.ly/48AV0cO

In today's video, we discuss how DisclosedRx helps clients save money on prescription medications by eliminating spread pricing. Spread pricing occurs when PBMs charge employers and employees more for a medication just to increase their own profits. In one case study, we found that a client was overpaying by nearly $20 per claim, adding up to over $900,000 in unnecessary spending! At DisclosedRx, we're committed to driving the lowest total net cost for our clients while providing a world-class customer service experience. Watch the full video to learn more about how we protect our clients from PBM spread pricing and other tactics that drive up prescription costs. #FiduciaryPBM #ReducePrescriptionCosts #FullyDisclosed #ClientAdvocacy

Maximizing your pharmacy cost savings with Integra. Our comprehensive service manages pharmacy contracts, reviews prescribing trends, validates orders, resolves discrepancies, audits invoices, provides actionable analytics, and alerts you in real time to save you time and money. #pharmacymanagement #costsavings #IntegraWorks