PDS BLOG
PCCA
/in Growth Partner/by Erin BrownPCCA
Help More Patients. Diversify Revenue. Achieve Long-Term Growth and Financial Success.
Pharmacists are looking for solutions to meet unique patient needs while diversifying revenue. PCCA helps pharmacists create personalized medicine that positively makes a difference in patients’ lives while generating non-PBM reliant revenue.
Your partner for developing a successful compounding practice.
With PCCA, your pharmacy gains access to the most comprehensive catalog of the industry’s highest-quality products, instant online availability of more than 9,000 verified formulas, a team of 20+ experienced clinical compounding pharmacists available 24/7, and accredited compounding training to give you the confidence to succeed.
From industry-defining base technology to pharmacy software to marketing inspiration, when you join PCCA, you join a caring community invested in making a difference in patients’ lives with personalized medicine.
Learn more about PCCA
Compound Confidently
Find the confidence to compound successfully with the highest quality products, continuous clinical support, and advanced level training.
Generate Sustainable Revenue
Compounding creates a cash-based, non-PBM reliant revenue stream.
Reconnect with Personalized Medicine
Rediscover the professional fulfillment that comes from working with patients and practitioners to solve unique health challenges.
Top Benefits
A team of 20+ full-time clinical compounding pharmacists with real-world expertise to answer questions 24/7, typically within 20 minutes.
A database of 9,000+ scientific based formulas developed and lab-tested by our dedicated team of pharmacists and formulation specialists.
Hands-on training in our state-of-the-art lab, specialty-focused conferences and symposiums and marketing education and online, self-paced courses.
The industry’s largest catalog of compounding products and hard to find chemicals—all backed by The PCCA Standard, our commitment to going above and beyond required standards.
Work with the global leader in innovation and development of unique base technology.
Be a part of an organization that advocates daily to advance the compounding profession.
Growth Impacts
Significantly increase gross profit margin in a cash-based market compared to reimbursements on traditional medications.
Gain the confidence and support needed to build a thriving and successful compounding practice.
Effectively leverage your skills, knowledge and education to benefit your community with personalized medication solutions.
Maximize the overall value of a pharmacy and provide strategic options for a successful exit strategy.
Grow Your Pharmacy and Personalize Medicine
For patients, compounding can be life-changing, even lifesaving. And, it’s highly rewarding for compounding pharmacists and practitioners, helping them solve some of health care’s toughest challenges through personalized medicine.
Let us help you get started.
We Also Recommend
We Also Recommend
PharmaComplete
/in Growth Partner/by Ali MPharmaComplete
Let us simplify the process.
Founded by experienced long-term care pharmacy professionals, PharmaComplete empowers businesses to differentiate and grow by offering a full range of services tailored to the needs of the long-term care pharmacy industry.
Creating ways to improve your pharmacy’s productivity.
PharmaComplete empowers pharmacies to differentiate and grow their businesses by offering a full range of services tailored to the needs of the long-term care and community pharmacy industry.
Our team can help improve productivity, drive efficiencies, and implement innovative solutions. We engage with your team in a meaningful way, producing results that will allow you to excel in a challenging space.
Learn more about PharmaComplete
Where to Find Profit Opportunities
PharmaComplete helps pharmacies identify where to find profits within Long Term Care and combo pharmacy.
Find the Gaps
Let our team help find operational and workflow gaps while identifying new opportunities.
Total Pharmacy Management Platform
Our Total Pharmacy Management Platform includes SOPs, P&Ps, training, licensure, and human resources.
Top Benefits
Streamlined pharmacy credentialing with major payers and PSAOs
Complete operational analysis including prime vendor agreement review, billing practice review, pharmacy layout and design evaluation and suggested updates as needed
Prime Vendor Agreement RFI/RFP negotiation
Customizable, single access point, pharmacy management suite including policy and procedures, employee onboarding and training, licensure management, with multisite optimization...and more.
Growth Impact
Engage in the LTC pharmacy market through closed-door or combo pharmacy utilizing an LTC PSAO to remove DIR fees while increasing reimbursement for qualified claims
Identification of opportunities for growth within the pharmacy and local market through operational reviews and market surveys
Opportunity to reduce operational costs by establishing best in class policies, procedures, and practices with guidance from our operations experts.
Drive uniformity, consistency, and growth through standardization of policies, procedures, and practices across multiple sites
Establish a Long-Term Care Plan in Your Pharmacy
Want to start a pharmacy from the ground up? Design a pharmacy that maximizes your person per hour output? Stressed about wholesaler RFPs, courier evaluations, and everything in between?
Let us simplify the process.
We Also Recommend
We Also Recommend
Physician 360
/in Growth, Service Mix Partner/by kyoder
PHYSICIAN 360
Clinical Services to Compete with the Chains
Transform your independent pharmacy into the next generation of minute clinics.
Limited-Time Special Offer
Mention the code PDSWEBINAR through April 30, 2022 for 50% off your program setup fee and get complete access to our telehealth subscription for only $99.95 each month.
Diversify Your Revenue Streams & Increase Patient Access to Affordable Care
Your Patients Get More Cheap Telemedicine Consults. You Get More Margins.
Build upon your success as an independent pharmacy owner with Physician 360’s tools — all designed to help you compete against the large chains with on-site clinics. We pair on-demand telemedicine consults with rapid test kits for UTIs, Strep, Flu, Ear Infections, and COVID for a cost-conscious way to offer clinical services so you can compete with retail chains.
Physician 360 has been helping business owners, like you, attract new patients and ensuring that they become long-term loyal customers.
With Physician 360’s rapid test kits and telemedicine consultations, pharmacies can play an expanded role in patient care and provide another touchpoint with patients as an urgent care alternative.
Why Physician 360?
People get sick unexpectedly and they need access to quick and affordable care. Several simple medical conditions lack a care setting that provides diagnostic accuracy, convenience, and are reasonably priced.
Independent pharmacies are looking for a cost-conscious way to offer clinical services so they can compete with retail chains. We provide them a way to compete, attract new patients and fill more high-margin prescriptions, through a turnkey solution.
Pharmacies are currently facing increased fees, decreasing margins, and an increased need for customer-centric services. An NCPA survey about pharmacy financial health found that DIR fees are the number one business challenge for 52% of pharmacies in 2020. The growth of new entrants like Amazon, paired with more customers wanting digital services, also squeezes pharmacy margins.
A successful pharmacy can have five consults per month, five prescriptions per month, and two test kits sold per month.
We help increase profitability with margins on physical products. Additionally, we help pharmacies maintain competitiveness with digital health services for their customer base, increasing customer loyalty so that pharmacies can benefit from the fulfillment of resulting prescriptions.
Scenarios for a Pharmacy to Use
- A patient has come to the pharmacy for a medication refill. They are out of refills. They can scan the QR code and create an account. In just 10-15 minutes, they’re able to speak with someone about their refill and take home the medication they need.
- Patient has come in for a rash and they need an oral steroid. The pharmacist cannot prescribe, so they tell the patient to scan the QR code to start a visit. The patient is able to get the prescription they needed for the rash while still in the pharmacy rather than going to another health center.
- A customer has flu symptoms. Rather than spending time and money at an Urgent Care, they remember learning that your pharmacy has rapid testing. They come in and purchase a flu test. A member of your staff spends 1 minute administering the test and your pharmacy earns a $10 margin. The patient validates the rest with Physician 360. They are able to consult with a medical professional about their results without any additional purchases. They take Tamiflu home with them and reduce symptoms by 50%.
- Your customer has recurring UTIs. They purchase 3 at-home UTI tests by Physician 360. Every time they think they have a UTI, they can test at home, speak to a provider, and send a prescription to your pharmacy. You deliver the prescription to their home, saving them time and adding convenience.
- You know you have a patient that could benefit from a compounding medication you have. You speak with them for a pharmacy consult and document notes in your private, HIPAA Compliant pharmacy persona login. You recommend they speak with Physician 360 to get the prescription needed. They initiate a consult and as long as medically okay, we speak to them and prescribe the compound back to your pharmacy.
Learn more about Physician 360
On-Demand Telemedicine
The only on-demand telemedicine provider that partners with community pharmacies to increase clinical services for your customers.
Gain More Patients
Physician 360 provides physical marketing materials, digital marketing assets, a daily customer service hotline, staff training, aid updating your website, and more!
Boost Revenue
Boost revenue with customized medicine by easily prescribing unique formularies.
Top Benefits
Generates New Sources of Revenue
Gains New Patients for Independent Pharmacies
Telemedicine Services with Accurate Rapid Test Results
Cost-Effective For Your Patients
Ease of Use
Growth Impact
Improve Patient Care
Increase Customer Satisfaction
Attract New Customers
Boost Profitability
Enhance customer loyalty.
With Physician 360, you not only have the ability to attract more customers — you have the tools to maintain a loyal customer base. Contact us to get started.
Limited Time Special Offer
Mention the code PDSWEBINAR through April 30, 2022 for 50% off your program set up fee and get complete access to our telehealth subscription for only $99.95 each month.
We Also Recommend
We Also Recommend
EnlivenHealth™ (formerly FDS Amplicare)
/in Gross Profit Per Rx, Growth Partner/by Marc Ertel
EnlivenHealth™ (formerly FDS Amplicare)
Good for Your Patients. Good for Your Business.
EnlivenHealth™ gives you the tools to strengthen the health of your pharmacy and your patients.
Improve patient outcomes with therapeutic optimization.
At PDS, we are always striving to find effective ways for our partners to improve patient care and increase profitability. One example is our RxAnalytics program. Another is our partnership with EnlivenHealth™ (formerly FDS Amplicare), offering proven software that helps pharmacies strengthen the health of their patients and their business.
Using EnlivenHealth, independent pharmacy owners like you have been growing their pharmacy practice along with their revenue by utilizing software solutions designed to support both the clinical and the financial side of pharmacies.
With software solutions from EnlivenHealth, you will be able to:
- Track reimbursements to the claim level and easily reconcile third-party payments
- Bill the medical benefit for clinical care and get paid as a provider
- Identify which patients are affecting DIR fees the most
- Find Medicare plans that benefit your patients and your pharmacy
- Automate your patient communication and outreach
- Grow your non-prescription revenue and fight nutrient depletion
- Improve patient adherence with medication synchronization
Contact us to learn more about EnlivenHealth™
Streamline Your Workflow
Leverage powerful automation to get better results.
Improve Medication Adherence
Ensure better patient outcomes through better service.
Increase Pharmacy Profitability
Boost script volume with industry-proven solutions.
Top Benefits
Leverage shared data for better insights
Simplify pharmacy workflow
Leverage patient data insights
Streamline platform integration
Increase medication adherence
Growth Impact
Drive more profitability
Improve patient satisfaction
Increase average margin dollars per prescription
Build a better pharmacy.
Learn how PDS and EnlivenHealth™” can help improve patient care, lower DIR fees and increase your profits.
We Also Recommend
We Also Recommend
SmartDispense
/in Gross Profit Per Rx, Growth Member Journey/by Marc Ertel
SmartDispense
Unlock Your Pharmacy’s Potential
Use powerful data-driven insights to grow your business.
SmartDispense gives you the tools to go further, faster.
When you are intent on planning the future of your independent pharmacy, don’t leave it to chance. With PDS’ proprietary program SmartDispense (formerly RxAnalytics), you gain all the tools you need to dispense with improved patient outcomes as the driver. SmartDispense offers you multiple strategies to identify where improved patient outcomes and optimized business analytics meet.
SmartDispense helps you take control of your profits — instead of just guessing about the right steps to take next. With the right data insights gained through SmartDispense, we can help you determine the best moves that will increase your profits while simultaneously improving your patients’ therapeutic outcomes.
Not only will you be able to leverage insights from your own data, you can mine the collective data submitted by other PDS members. With that type of valuable information, you can identify Rx opportunities that you can act on — including therapies that produce better results for patients.
With the highly relevant data you are able to access, SmartDispense helps you understand how to grow your business smarter.
Learn more about SmartDispense
Better Patient Outcomes
Discover improved therapeutic options.
Increase Profitability
Increase revenue without filling more prescriptions.
Turnkey Resources
Access strategies through a simple process.
Top Benefits
Improve therapeutic options
Access data-driven strategies
Gain shared data knowledge
Discover better patient outcomes
Growth Impact
Increase average margin dollars
Gain more customers
Earn more profits
Reap a strong ROI
Hey, PDS Member!
Explore these additional tools and resources to ensure your success with data-driven strategies.
- Medication At-a-Glance Documents
- Incentivizing Your Team
- Move the Needle Scoreboard
Supercharge your pharmacy’s success.
Put your business on a faster track for peak performance with SmartDispense. Learn about the tools, strategies and expert support designed to help you win.
We Also Recommend
We Also Recommend
Clinical Services Track
/in Growth, Service Mix Member Journey/by Marc Ertel
CLINICAL SERVICES TRACK
Thrive with Clinical Services
Generate new revenue with a strategic plan to expand your services.
Improve patient care and your bottom line.
As an independent pharmacy owner, expanding your business through clinical services is a critical way to generate new revenue while accomplishing your goal to provide better patient care.
With PDS’ Clinical Services Track, you can confidently position your pharmacy to provide a numerous array of clinical services that benefit your patients, including immunizations, point-of-care testing, diabetes self-management training, and pharmacogenetics.
Our programs help you make the transition to a clinical services setting, including developing workflows, billing and infrastructure appropriate for the new offerings. PDS members work with their dedicated team to learn how to add value to their patient offerings through clinical services.
With the Clinical Services track, you can expect to realize the following benefits:
- Improve patient care (patient safety, quality patient experience)
- Reduce costs (lower costs of care, efficient costs of care)
- Improve population health (decrease disparities, improve chronic care management outcomes)
In addition to increasing overall revenue, PDS members can expect to gain more personal satisfaction from the increased patient satisfaction.
If you are already performing clinical services in your pharmacy then you may want to learn about our Service-Based Pharmacy (SBP) program. If you are already performing services and consultations then SBP can show you how to get paid as a provider for services you already perform.
PDS also offers an accelerator program, Clinical Services Profit Ignitor, a training program designed for owners new to clinical services and those looking to take their established program to the next level. Click to learn more about Clinical Services Profit Ignitor.
Contact us to learn more about the Clinical Services Track
Increase Revenue
Generate new sources of income while providing better patient care.
Gain Efficiencies
Maximize your resources through medication synchronization.
Improve Patient Care
Positively impact the overall health of your community.
Top Benefits
Capture interventions
Maximize medication synchronization
Develop infrastructure
Growth Impact
Gain from upsell strategies
Attract new customers
Realize new revenue streams
Hey, PDS Member!
Check here for invaluable resources to help you develop a stronger strategy for clinical sales.
- Workflow & Billing Analysis
- Clinical Services Tree of Life
Grow your pharmacy with new services.
PDS puts you on the path for revenue-generating clinical services. Learn how it can help you and your patients.
We Also Recommend
We Also Recommend
StreamCare
/in Growth, Service Mix Partner/by kyoder
STREAMCARE
Get Maximum Reimbursements with Bill Direct
Realize more profits by
eliminating the costly middleman.
StreamCare helps you
keep more of the profits.
With StreamCare, you can quickly impact your bottom line by capturing more of the profits you deserve for your work.
As an industry partner of PDS, StreamCare helps members bill direct for their worker’s compensation prescriptions and effectively eliminate the costly PBM middleman.
Through StreamCare’s solutions, you will be able to easily process worker’s compensation prescriptions and yield a much higher profit for your pharmacy.
Many independent pharmacists are missing out on the profits they deserve because they’re billing through a typical PBM or processor. As a result, they are subject to that third-party’s rate schedules — allowing them to keep the difference. In many cases, the difference can be significant since many states offer a very generous reimbursement schedule rates for work comp prescriptions.
StreamCare helps you bypass the PBM by billing direct to your state’s workers’ compensation carrier, thereby allowing you get to keep more of your profit.
Increase the Profitability of Your Pharmacy
Consider the potential impact on your profitability. For example, if your current PBM contract is currently at AWP 82% for generic reimbursements, you could be missing out on a significant number of dollars if your state will pay full AWP for the same generic. StreamCare charges a 30% fee for generics and lower for brands from what is collected only. That means a $10 reimbursement could become a $190 reimbursement just from using StreamCare. (StreamCare is not a solution for all states).
It’s important to understand that each state has a reimbursement schedule they are willing to pay for work comp prescriptions, many at full AWP for a generic. Many independent pharmacists never realize that full reimbursement since PBMs may take up to 95% of the claim.
Benefits of Working with StreamCare
- Work comp carrier will not pay out any more money by using the StreamCare method.
- StreamCare charges 30% of what is collected for generic claims and even less for brand name claims. They only get paid if you get paid.
- StreamCare takes on the hard work of billing direct through the backend. A pharmacy billing to StreamCare is similar to billing a regular claim except you must provide extra information (i.e. date of injury, employer information) since it is due to an injury.
- Streamcare, after receiving the claim, will manually bill the proper insurer.
Start getting the maximum reimbursement possible by billing direct for your work compensation patients.
Learn more about StreamCare
Potential profits you can earn by eliminating the PBM for work comp claims.
MEDICATION | FROM (WITH PBM) | TO (WITH STREAMCARE) |
---|---|---|
Tizanidine 4mg #90 | $8.57 | $95.24 |
Gabapentin 800mg #90 | $10.42 | $194.09 |
Duloxetine 60mg #30 | $10.04 | $161.29 |
Meloxicam 15mg #30 | $5.00 | $92.36 |
Over $500 in extra profit for filling the exact same prescriptions and the carrier is paying the exact same amount.
Learn the specific states this method will work in and how to get started by filling out the form above.
Increase Profitability
Realize more profits by billing direct for the same prescriptions.
Cut the Middleman
Maximum your work with a system that ensures better returns.
Finance Your Future
With more profits, you are better equipped for long-term success.
Top Benefits
Maximize profits
Streamline billing
Realize more returns
Growth Impact
Fund your future
Increase profitability
Get more return from the prescriptions you’re already dispensing.
StreamCare helps you bill direct.