Bring the Pharmacy to Your Patients
Improve patient compliance, offer convenience, and generate a thriving revenue stream in-house.
AMS has partnered with Pharmalink, the industry leader for in-house medication dispensing services, to provide your practice with an accessible and low-cost option for medication dispensing. Using a simple hand-held scanner and label printer that Pharmalink provides, you can give your patients the convenience of picking up their medication on their way out of your clinic – they pay you, not the pharmacy. Pharmalink offers a web-based application that automates ordering and inventory control, offers default and customized signatures, keeps track of prescriptions, and submits all necessary reporting to state governments. Rest assured that 24 hour support is always available should questions arise.
Looking for a way to grow your practice while keeping costs low and offering patient-centric services? Look no further. Pharmalink Medication Dispensing services gives your patients the convenience they want and helps to ensure they stay compliant with the treatments you prescribe.
Now you can bring the pharmacy to your patients by dispensing medications during their office visits. Simply hand your patients their medications and they pay YOU instead of the pharmacy.
Save a trip to the pharmacy, where wait times can be hours. Patients value the time saved by filling prescriptions at their doctor’s office and they will thank you for it.
Pharmalink gives your patients the most cost-effective options, regardless of the dispensing service you choose. We offer support and systems that allow your practice to accept payment in the form of cash, insurance reimbursement, or workman’s compensation.
Various studies cite that 20% to 30% of prescriptions are never filled by patients after they leave the office. Use Pharmalink to improve patient compliance, thereby increasing treatment success.
Our clients report a high utilization of their in-office dispensing option, especially when the condition being treated might be sensitive to the patient. Patients appreciate the option to fill prescriptions within the compassionate setting of their doctor’s office.
Benefits for Physicians and Practices
Generate a new source of profit and cash flow to help offset declining reimbursements and the rising costs of
managing an independent practice.
Increased Productivity and Time Savings:
Reduced pharmacy phone calls and fax requests. Dispensing medications can actually save your staff time, helping your practice to focus more on patient care and their experience with your practice.
The physician is the best advocate for the patient. Directly dispensing prescriptions in-house ensures that patients get the exact medication you prescribed.
Improved Patient Outcomes:
Increasingly, physicians are being evaluated on patient outcomes. Directly dispensing your prescriptions can
increase patient compliance, and hence, treatment success.
Compete With “Mini Clinics”:
Retail pharmacies continue to compete with primary care physicians. By adding Pharmalink’s medication dispensing solution, primary care providers begin to level the playing field and compete with retail pharmacy clinics.
Full-Service Practice Image:
Give your patients the choices and options that they want and the option to fill their prescriptions a place they know and trust – your practice.
Start-up And Implementation
How Do I Get Started?
Your AMS Certified Ancillary Consultant will provide you with an enrollment form and agreement to fill out and sign. After verification of medical and DEA licenses Pharmalink will send an order form and log-in information to access the on-line ordering, inventory tracking, and dispensing application.
A Turnkey Solution
A hand-held scanner and label printer are the only items necessary and these will be provided by Pharmalink. Everything is plug and play – we make it easy for you to offer medication to your patients.
What Does Pharmalink Offer?
- No up-front costs
- No monthly fees
- Dispense in less than one minute
- Over 2,400 top-grade generic and brand name medications to choose from
- All medications are manufactured in an FDA compliant facility
- All medications are pre-packaged and sealed
1) Enroll with Pharmalink and receive your inventory order form and online application log-in information.
2) Decide on where you will store the medications – any locked cabinet or box will do.
3) Your Certified Ancillary Consultant will train your staff on the proper way to dispense and label medications.
4) Write your first prescription and know that the patient will receive the correct dose with the proper instructions as they leave your clinic.
5) Watch as your revenue grows and your patient satisfaction rises!
One Primary Care Practice Example
Below is the list of medications that one successful practice is offering to its patients. This list is based on a $5 per prescription profit – this can be adjusted based on the market and revenue your practice would like to generate. The simplest way to offer these medications is on a cash basis – compare the cash price to the co-pay an average insurance patient would pay. By offering these medications on a cash basis there is no need to wait for reimbursements or deal with the hassle that can come along with them.
This is just a small sample that works well for one mid-sized Primary Care practice. We offer a catalog of over 2,400 top-grade medications for your practice to choose from. Work with your consultant and Pharmalink to optimize your inventory for your specific needs.
Sample Formulary & Product List
|Name||Strength||Format||Quantity||Patient Price||Practice Profit||Wal-Mart||Walgreens|
|Zolpidem Tartrate (Ambien)||10mg||Tab||30||$10.48||$5.00||$59.99||$52.99|
“I live a bit outside of town and it can take an extra trip for me to get out to the pharmacy. My doctor started offering the medications I need right in his office and saved me the trip!”
Offer the Prescriptions You Prescribe the Most
“I am the office manager for a group of six dentistry practices. We chose to start small and offer our five most prescribed medications in one practice, but it was such a hit that we quickly added it to all six. The generated revenue really makes a difference and the patients simply love the convenience.”
Frequently Asked Questions
Ask Our Vendor: Pharmalink
Q: How do I stay legally compliant while dispensing medications?
Pharmalink offers full legal compliance support. All medications are packaged in an FDA approved facility and shipped directly to your practice. The dispensing application your practice will use to dispense also features full state reporting of controlled substances where required. Your practice simply stores most medications inside of a locked cabinet and any controlled substances inside a locked box within that cabinet.
Q: Do I need to carry a large inventory?
Not at all! With two-day shipping, restocking is quick and convenient. You can even automate the process and have an order sent right to you when you are running low on any given medication. We recommend that you only carry about a two-week supply of medications on hand at any given time – this reduces the space required for storage.
Q: What start-up costs are there for my practice?
We are happy to provide the required scanner and printer entirely free of charge. Your practice only pays for the inventory it orders – choose as many or as few medications as you wish to get started! As you can see in the table below, any equipment purchase will be paid for quickly, making your practice cash positive right away.
The Bottom Line: Additional Revenue Estimates
|Number of Medications Dispensed||10||15||20||30|
|Net Profit Per Day||$50.00||$75.00||$100.00||$150.00|
|Net Profit Per Week||$250.00||$375.00||$500.00||$750.00|
|Net Profit Per Month||$1,000.00||$1,500.00||$2,000.00||$3,000.00|
|Net Profit Per Year||$12,000.00||$18,000.00||$24,000.00||$3,000.00|
Adjust the Price at Your Discretion
|Profit Collected Per Medication||$5.00||$6.00||$8.00||$10.00|
|Net Profit Per Day||$100.00||$120.00||$160.00||$200.00|
|Net Profit Per Week||$500.00||$600.00||$800.00||$1,000.00|
|Net Profit Per Month||$2,000.00||$2,400.00||$3,200.00||$4,000.00|
|Net Profit Per Year||$24,000.00||$28,800.00||$38,400.00||$48,000.00|