quiqmeds corporate brochure

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on leasing a QuiqMeds system for your primary care office, contact: 120 West Germantown Pike | Plymouth Meeting, PA 19462 Phone: 610-828-7221 | Fax: 610-828-5555 | www.QuiqMeds.com QuiqMeds, LLC offers an innovative approach to bringing real-time pharmaceutical delivery to the physician’s office, combining a safe and secure automated fulfillment system to provide prepackaged formulary that has been custom selected for each physician’s busy practice. QuiqMeds, a licensed distributor of pharmaceuticals, was founded in 2005 and is a private, investor- owned corporation headquartered in Plymouth Meeting, Pennsylvania. The revolutionary QuiqMeds system is convenient, cost effective and safe for your patients. And, with the average return on investment in just three months, QuiqMeds offers a way for Primary Care physician offices to realize annual profits that help to offset today’s increasing cost of operating a medical office. The goal of QuiqMeds is to drive down the cost of healthcare by providing best practice standards to all healthcare practitioners and patients – and to do so in compliance with all federal, state and local regulations. Introduction For more information TM TM

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E.S. Jarvis (d/b/a Jarvis Consulting LLC) wrote and developed this corporate capabilities brochure for QuiqMeds LLC of Blue Bell, PA.

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on leasing a QuiqMeds system for your primary care office, contact:

120 West Germantown Pike | Plymouth Meeting, PA 19462

Phone: 610-828-7221 | Fax: 610-828-5555 | www.QuiqMeds.com

QuiqMeds, LLC offers an innovative approach to bringing real-time pharmaceutical delivery to the

physician’s office, combining a safe and secure automated fulfillment system to provide prepackaged

formulary that has been custom selected for each physician’s busy practice.

QuiqMeds, a licensed distributor of pharmaceuticals, was founded in 2005 and is a private, investor-

owned corporation headquartered in Plymouth Meeting, Pennsylvania.

The revolutionary QuiqMeds system is convenient, cost effective and safe for your patients.

And, with the average return on investment in just three months, QuiqMeds offers a way for Primary

Care physician offices to realize annual profits that help to offset today’s increasing cost of operating

a medical office. The goal of QuiqMeds is to drive down the cost of healthcare by providing best

practice standards to all healthcare practitioners and patients – and to do so in compliance with all

federal, state and local regulations.

I n t r o duc t i o n

Fo r mo r e i n f o rma t i o n

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Mo re abou t Qu i qMeds

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QuiqMeds is both a product and a service. The product is a computerized

fulfillment system – a locked inventory control machine in the physician’s office

– that is linked wirelessly to proprietary software. The software produces

personalized medication information sheets and personalized medication

labels that ensure patient safety. Further, the software operates the automated

fulfillment system using a simple, password-protected touchscreen to deliver

the medication ordered by the physician in less than a minute. The software

also tracks inventory and HIPAA-compliant usage data.

The QuiqMeds fully automated inventory control equipment is unique in the industry. Our closest

|competitors in the market offer “point of care medication delivery” – that is, manual systems for which a

physician pre-purchases a formulary and then sells these drugs from locking cabinets bought separately

from a business supply store. These manual systems are fraught with potential for fraud, pilferage, and

non-compliance. QuidMeds’ delivery system is a locked, steel-frame 800-pound computerized commercial

vending-type machine that has been specially modified with simple yet

effective failsafe inventory controls that enhance your practice’s efficiency and

adds patient convenience.

To enhance service to your office, inventory data in a physician’s QuiqMeds

system is automatically relayed via the Internet to the local QuiqMeds

customer service center. Your customer service representative typically

delivers refills on a bi-weekly basis, bringing directly to your office sealed

pre-packaged, safety-capped bottles with units-of-use formulary ordered to restock your QuiqMeds

delivery system. A check of delivered inventory, usually by an office manager, is all that is required of your

staff – the insured QuiqMeds customer service representation unlocks, reloads and periodically checks

your machine for operating efficiency.

continued

Studies show patients benefit from QuiqMeds because there is

no added trip to the pharmacy to have their prescription filled, so

compliance can start immediately and conveniently. For patients

without insurance for prescription coverage, the cost savings using

QuiqMeds is evident. And patients who have a prescription plan will

usually opt to use the convenient QuiqMeds system when any

additional cost is minimal. For example, the suggested cost to the

patient for a QuiqMeds-delivered supply of Lisinopril, a medication to

treat hypertension, is currently $22 for 100 pills. Patients with a prescription plan may take the

prescription to his or her independent pharmacy, and will typically pay a $20 co-pay for a 90-day

supply of this drug. That’s roughly $0.245 per pill at the pharmacy, or $0.22 each through QuiqMeds.

Patients without a prescription benefit will likely pay a pharmacy about $40 for their 90-day supply

– but from your office, would pay only $22, a steep saving. (Some physicians have opted to deliver

some generic drugs or even brand-name drugs that cost more or are not usually covered at all by a

drug benefit’s formulary; a physician sets his or her own fee for the drugs, and most patients are

willing to pay this fee for convenience sake.) Convenience, patient safety/medication education, and

cost savings most often results in greater patient satisfaction with your practice.

Mo re abou t Qu i qMeds

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on leasing a QuiqMeds system for your primary care office, contact:

120 West Germantown Pike | Plymouth Meeting, PA 19462

Phone: 610-828-7221 | Fax: 610-828-5555 | www.QuiqMeds.com

Fo r mo r e i n f o rma t i o n

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A S t ep - b y -S t ep Gu i d e :

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How QuiqMeds Works in a Primary Care Physician’s Office

1Patient is examined by the physician, a diagnosis is made, and the need for treatment by medication

is established. This patient, for example, needs a prescription to treat hypertension – and your

QuiqMeds system stocks Lisinopril 10 mg.

2The physician can write a prescription for the Lisinopril, or offer the patient the more

convenient and more affordable drug provided directly in the physician’s office. In this

example, the suggested cost to the patient for a QuiqMeds-delivered supply of

Lisinopril is currently $22 for 100 pills. Patients with a prescription plan may take the

prescription to his or her independent pharmacy, and will typically pay a $20 co-pay for a

90-day supply of this drug. Patients without a prescription benefit will likely pay a pharmacy

about $40 for their 90-day supply – but from your office, would pay only $22. The cost

savings to a patient without a prescription benefit is obvious; QuiqMeds’ experience shows

that most patients with a prescription plan will gladly pay a small extra amount at the

doctor’s office for the added convenience of QuiqMeds.

3The QuiqMeds form, attached to the patient’s file, indicates to the front desk staff that a medication

order has been placed. Meanwhile, the physician enters his private passcode and prescription into a

wall-mounted touchpad.

4Front desk staff matches patient file data on the linked computer system

with the QuiqMeds order, and in just a few clicks on the computer mouse,

the pre-packaged, safety-sealed prescription is dispensed at the QuiqMeds

machine. Also, the adjacent color printer prints a consumer education form,

product label with safety double-check and labels for the patient file.

5Patient receives medication on the spot – no need for a separate

trip to the pharmacy, unnecessary waiting, or delays in starting

needed medication.

on leasing a QuiqMeds system for your primary care office, contact:

120 West Germantown Pike | Plymouth Meeting, PA 19462

Phone: 610-828-7221 | Fax: 610-828-5555 | www.QuiqMeds.com

Fo r mo r e i n f o rma t i o n

TM