Create a Winning Pharmacy Purchasing Strategy

As an independent pharmacy owner, you must be tired of feeling like everyone is out to get you; from PBMs to PSAOs it seems like you’re always the one stuck in the squeeze. Building a successful business starts with the right purchasing strategy. Creating a winning purchasing strategy for your pharmacy starts with downloading this eBook.

Optimizing your purchasing strategy is crucial for maximizing revenue and profitability. Efficient purchasing reduces costs, helps to streamline operations, and minimizes waste. Understanding your costs allows you to make informed decisions which lead to better financial outcomes. A well-optimized purchasing strategy benefits your pharmacy and allows you to maximize patient care.

Analyze your Supply Agreement

• Read the fine print to understand the nuances of supply agreements.
• Leverage expert tips to ensure compliance.
• Get the most from your contracts and put cash back into your pocket.

Decoding Brand and Generic Costs

• Breakdown your purchase price per item to identify your true cost.
• Be sure to factor in all rebates to the invoice price to identify net pricing.
• Discover hidden savings opportunities.

Tools for Cost Tracking and Management

• Leverage existing tools such as rebate statements, ordering tools, or compliance tools to calculate your rebates.
• Explore efficient expense-tracking tools that can help you make better decisions and save you time.

Sustainable Purchasing Strategies

• Develop long-term strategies for consistent results.
• Adapt to industry changes without disrupting your workflow.
• Take control of your pharmacy’s financial health.