I need to reduce my drug costs. How does Pharmacy Select fit into my purchasing strategy?
For every community pharmacy the cost of drugs is the single largest expense line item, often averaging around 77% of revenue (according to the 2022 NCPA Digest). Managing drug costs is critical to staying profitable to be able to serve your patients and your community for years to come.
An analysis of IPC members who take advantage of the Pharmacy Select options save on average 8% on their entire generic spend. For a typical $4 million store that equates to $50,000 annual savings!
We are always shopping for drug savings. How does Pharmacy Select make it easier?
Pharmacy Select is a program available to IPC and PPSC buying group members to access competitively priced brands and generics directly from within McKesson ordering portal. In McKesson Connect you will find the Pharmacy Select items listed as RTL2. By having the products available within your wholesaler’s ordering portal, you have easy access while placing your order.
I order a lot of different products. Does Pharmacy Select have a comprehensive catalog?
Pharmacy Select (RTL2) offers you access to over 8,300 products to ensure you have the right product, at the right time, and at the right price.
Do I have to sign up for the Pharmacy Select (RTL2) program?
Pharmacy Select is included in your supply agreement, available to you within the ordering portal.
What if I don’t see Pharmacy Select (RTL2) in McKesson Connect?
Pharmacy Select is included in all primary member agreements. If you are an IPC primary member and you don’t see Pharmacy Select, give us a call and we can help you. Learn how successful you can be by joining the largest buying group and taking advantage of our extensive experience helping owners just like you become more profitable and more sustainable. Our expertise and innovations will future-ready your business.
