Prescriptions may be the number one reason patients come into your pharmacy, but with DIR fees and clawbacks constantly shifting, how predictable is the financial health of your business when this is your only source of revenue?
Prescription profit margins have seen a decline in recent years. On the other hand, OTC or front-end product profit margins have remained consistent and strong. While prescriptions make up the bulk of your revenues, a good OTC sales strategy can be just as impactful to your profitability.
Additionally, independent pharmacies are increasingly becoming regarded as important healthcare resources for the communities they serve. The Covid-19 Pandemic has shown us that testing and immunization programs can not only be very profitable, but can serve as a means to exponentially grow your customer base and brand awareness.
Now is the time to seize the opportunities and operate at the top of your license. PDS provides pharmacies like yours with the resources and tools to take your pharmacy beyond dispensing and put more control of your revenue where it belongs…in your hands.