January 2024 added another layer of complexity to the usual beginning of the year formulary changes and price changes, the transparency of DIR fees. As our Regional Directors have been visiting pharmacies all across the country a few themes have surfaced. The number one, however, is declining reimbursements and the solution we hear most often is to transfer the prescription out of the store. In some cases that may be an effective solution, but we have heard from a few owners that they have put a process in place to evaluate which prescriptions they should keep.
By Matt Tompkins, Director of Marketing & Member Engagement
Last week I went on the road with Jake Lewis, our Regional Director serving southern California. As a member owned cooperative, our members are our owners, and we take every opportunity to listen, learn, and share their concerns and solutions for the benefit of others. As you can probably guess, the number one comment or concern was reimbursements. We heard so many stories about individual examples of prescriptions being dispensed at a loss. Some owners were struggling to see the path forward and others recognized the turbulence and tightened their seat belt knowing they would survive this too.
Discover the extraordinary impact Mary Kim, IPC's Regional Director for California, Nevada, and Utah, creates during her visits to community pharmacies. Drawing from her experience at McKesson, Mary brings unparalleled value and fosters inclusivity with Korean pharmacy owners, ensuring they feel acknowledged and understood. Click to explore the distinct contributions Mary Kim brings to IPC members.
Reliable-1 Laboratories is partnering with Pharmacy Select to offer an additional 5% rebate. Order products from Reliable-1 today via McKesson Connect.
