Independent Pharmacy Profit Protection
More Profit in Your Pocket and Savings
for Your Patients
“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 - Livonia, Louisiana
How Retailmymeds Works...
The Retailmymeds monthly program directly increases an independent pharmacy’s Net profit by avoiding the “true-ups” from PBMs, particularly for those scripts that have become most at-risk of being net-negative or marginal in profit. How?
Recover Lost Profit from Net Negative Prescriptions
Decrease PBM / DIR Fees
Estimated DIR Fees Avoided
Acquisition Cost Avoided
Net Loss Avoided
Real Time - Real Numbers From Our Pioneering Locations
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.