rethinking in house dispensing
TRANSCRIPT
www.scriptdispense.com
888 . 926 . 0069
Rethinking In-House Dispensing -A revenue based strategy guide- Abel Otero – Director of Operations
888 . 926 . 0069
888 . 926 . 0069
AGENDA
1. Who we are
2. How it works
3. How to get started:
Start up package
New Partner Process
The Math
An additional Revenue Source
4. Why In-house Dispensing as a Revenue Capture option
888 . 926 . 0069
Who We Are
Script Dispense offers a simple, agile and
complete solution providing high quality prepackaged
generic medications, as well as real time claim
approval and payment via LIVE
Adjudication through our simple web based In-
House dispensing system.
888 . 926 . 0069
How it Works
• Our software integrates with all EMR/EHR Systems
• We are Surescripts certified
• Live Adjudication
• Track patient utilization and dispensing history
• Manage, track and control inventories for single or
multiple sites
• Office is paid weekly by PBMs
• No billing required
• Improve compliance and overall patient retention
888 . 926 . 0069
How To Get Started
Start up Package
New Partner Process
The Math
An additional Revenue Source
888 . 926 . 0069
Start Up Package
2 Physician licenses
Includes all PAs and ARNPs
PBM Credentialing
NCPDP# (Pharmacy License)
Bar code scanner
Double tray laser printer
Compliance set up
Training –web/ live/conference
Back up log book
Complimentary primary labels
Complimentary pharmacy bags
2 Promotional signs – 24”w x 36”h
Hand sanitizer dispenser
888 . 926 . 0069
New Partner Process [Average completion time is 8-10 weeks]
Process application and verify documents
Send Physician license to the State for dispensing accreditation
Contract network and PBM credentialing
Attain NCPDP number
Deliver signs to promote In-House Pharmacy
Complete (FWA) Fraud Waste and Abuse training
Deliver equipment (printer, scanner and back up log book)
Place first RX order to include labels and pharmacy bags.
Set up web, conference and/or live training
Go Live!
888 . 926 . 0069
The Math
Low Med High
10-20ppd* 21-35 36+
20 ppd patients per day
x 4 spp scripts per patient
= 80 spd scripts per day
=$10 ps dollars per script
$800 pd dollars per day
x 20 wd work days
=$16,000 monthly
x 12 months
=$190,000 yearly NET
888 . 926 . 0069
An Additional Revenue Source
Nutraceutical Supplements are part of the growing
wellness industry, which is today a Trillion Dollar
industry.
This market is now a functional element in the process of
preventive Healthcare and Disease Management.
Script Dispense will provide the Physician Practice or
Facility the Option to dispense these products at select
cost and zero extra effort.
As the licensing and credentialing process for In-House
Dispensing is on the way, SD will set up the facility or
practice with the ability to provide Nutraceutical and
Over the Counter (OTC) products to their existing clients.
888 . 926 . 0069
In-House Dispensing as a Revenue Capture
Strategy
Live Adjucation is a game changer
Capture loss practice revenue
Of all physician practice ancillary options, In-
House dispensing is the least expensive yet the
most effective from a return on investment
(ROI) standpoint
A transparent business model, win-win
framework, multiple benefits for physicians and
patients, as well as Network Organizations and
Facilities
888 . 926 . 0069
The Script Dispense Team
8040 NW 155th St, First Floor
Miami Lakes, FL. 33015
Office 888.926.0069
Fax 888.926.0069
email [email protected]
www.scriptdispense.com
"The Complete Dispensing Solution for your Facility"