This is a terrific article explaining the top benefits of on-site physician dispensing. I am a big fan of the point of service convenience and economic lift this delivers to the physician’s practice. Stay tuned for more on this area of growth.
Doctor’s offices around the U.S. are now adopting in-house pharmacies, often generating tens of thousands of dollars in additional revenue. This week, we’ll analyze the pros and cons of doctor dispensed medications, and whether or not you should consider a similar system for your practice. Pros Additional Revenue According to the National Center for Health Statistics, the typical doctor sees 25 patients a day and writes 1.4 prescriptions per visit. If the practice were to make $10 on each of the 35 prescriptions, it would increase daily profits by $350 without occupying any more of a doctor’s precious time.
Source: Doctors Dispensing Meds: Pros and Cons of the One-Stop Shop Model – Continuum