Independent Pharmacy Profit Protection
More Profit in Your Pocket and Savings
for Your Patients
$95,666
Estimated DIR Fees Avoided
1
Location
$95,666
Acquisition Cost Avoided
$20,790
Net Loss Avoided
Real Time - Real Numbers From Our Pioneer Location
Increase Net Profit
on Your Prescription Business
Eliminate Negative Profit Prescriptions and Decrease Clawbacks
Pharmacies no longer must choose between filling a negative profit prescription or sending a loyal patient to another pharmacy. Additionally, filling far fewer brand name drugs will result in substantially less DIR fees assessed at point of sale and retroactively.
Reduced Audit Risk
Pharmacies using RetailMyMeds fill fewer expensive brand name drugs, decreasing risk of repaying claims due to audits.
Improve Cash Flow and Reduce Inventory
More cash is freed up to expand other patient-centered, profitable programs -- not spent on negative profit prescriptions or expensive inventory sitting on the shelves.
Build Brand Loyalty and Protect Patient Access
Patients appreciate pharmacies' recommendations in their best interests. By contributing to the survival of independent pharmacies, Retailmymeds protects patients who could face loss of access or pharmacy deserts.
Expand Purchasing Options
Most Pharmacies are locked into a pharmacy wholesaler to purchase a certain amount of generic drugs to lock-in a price for brand drugs. With Retailmymeds, fewer brand drugs are purchased, giving pharmacies flexibility to purchase outside of primary contracts.
Reduced Labor Needs
The time spent managing your RetailMyMeds prescriptions (by a technician, not a pharmacist) is less than the time required to fill the prescription locally every month.
Retailmymeds Delivers Continuously More Savings and Benefits to Pharmacies and Patients
Independent Pharmacy Profit Protection
More Profit in Your Pocket and Savings
for Your Patients
Testimonials
“Since starting the program,
we have improved our GP%, improved our GCR with our wholesaler, and minimized our audit risk - all while reducing our DIR liability.”
Wyatt Walker
“I highly recommend the Retailmymeds program - it is a win-win program for the independent retail pharmacies as well as the customers. Our only regret is that we did not sign up sooner! 10 out of 10!”
Terry Doss
"The Retail My Meds program has enabled us to take better care of our patients, reducing our medication orders by tens of thousands of dollars per month, and decreasing our losses from insurance companies."
Kevin Wood
"Retailmymeds is the way to go on any script you lose money on...Trust me, it's worth it and patients will appreciate it".
Cody B.
"34 Rx's saving 60K in purchases and 4.5K in losses avoided. We keep adding more customers, but if just those 34 get 3x90 day fills, that extrapolates to 240K in acquisition costs avoided and 18K in losses avoided."
Bryan M.
"This has been the best thing for our pharmacy. Gross margins up significantly..."