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With reimbursements dwindling and the so-called “ DIR Apocalypse ” or “DIR Armageddon” on the horizon, no explanation is needed as to why independentpharmacies are seeking innovative ways to expand their revenue streams beyond traditional prescription dispensing.
A person’s immune system is an extremely important defense mechanism that can identify invading organisms and consequently destroy them. The immune system can be triggered naturally or artificially. The latter is done by immunizations and vaccines. An immune response may either be primary or secondary.
Are you finally thinking of starting a vaccine program in your independentpharmacy? Adding vaccine administration to your list of pharmacy services is a great way to serve and protect your community while increasing your pharmacy’s visibility, revenue, and profit.
For example, if your goal is to grow your immunization program, don’t just say, “I want to do more vaccines.” ” Instead, set three tiers: Good: Administer 500 vaccines in 2025. Better: Hit 750 vaccines by Q4. Best: Crush it with 1,000+ vaccines and become the go-to immunization hub in town.
I often see unique ways of leveraging companies’ services and products for independentpharmacies. This conundrum is where telehealth services can benefit patients and independentpharmacies alike. These should be an upsell for every person getting a vaccine in your pharmacy.
Medicare Part B: Medical insurance for outpatient services to prevent, diagnose, and treat medical conditions, like doctor’s appointments, tests, immunizations, durable medical equipment (DME), mental health services, and limited prescription drugs.
Medicare Part B: Medical insurance for outpatient services to prevent, diagnose, and treat medical conditions, like doctor’s appointments, tests, immunizations, durable medical equipment (DME), mental health services, and limited prescription drugs. Part D plans will also cover most vaccines, except for those covered in Part B.
Gain 50 new flu vaccine patients in January. Add 200 followers to your pharmacy’s Instagram by June. Identify Key Areas of Focus: Think about the services or products you want to promote, such as weight loss programs, immunizations, or non-PBM revenue streams. These will guide your monthly themes for pharmacy marketing.
In the October 2021 edition of the American Journal for Managed Care, EQUIPP® was highlighted in an article on how a collaborative effort of MAPD plans with community pharmacies could impact vaccination rates for pneumonia and influenza by providing low site of care cost immunizations to the populations served. Sheer et al.,
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