As a physician, you have goals for yourself, your practice and your patients. Personally, you may want to increase your income. You may also want to grow your practice and the services you provide within your practice, including prepackaged medicine.
For your patients, helping them achieve positive health outcomes is the goal.
There are tactics you can implement to help you get one step closer to meeting all your goals. With the use of prepackaged medicine, you, your practice and your patients can benefit.
What Are Prepackaged Medicines?
Prepackaged medicine has several advantages for both you and your patients.
Prepackaged medications are ordered from a dispensing company, who after receiving medicines from the manufacturer, use extreme safety measure to properly package medications.
You only order and pay for medicines you need, no extras. The medicines are separated and labeled for easy use.
Prepackaged medications can be streamlined for quick delivery because there is no compounding, mixing, or sorting that needs to be completed by you. The medicines are prepared, shipped to you and readily available before the patients even need them.
Prepackaging can even include how the products are presented and how they are protected before, during and after shipping.
Just a few steps to complete the entire process, improving operations in your practice and providing better healthcare to patients.
Prepackaged Medicines Bring in More Revenue
You worked hard for your education. You put in long hours to build up your practice. One of the rewards you deserve is a high income. Capitalizing on your talents and abilities is a good thing for you, your staff and your patients.
The more money you can make, the better you can pay staff. With additional income, you can hire qualified staff to help lessen your work load.
Ancillary services such as point of care dispensing makes it easier for you to increase revenue. You can mark up the cost of medicines while still being fair to your patients. You do not have to mark them up as much as a pharmacy might.
Dispensing medicines can lead to dispensing other items such as durable medical equipment. Patients need equipment just as much as they need medicine. From canes and walkers to diabetic supplies. If you are dispensing these items, you can make additional revenue.
Not only can prepackaged medicines increase revenue, it can make all office tasks easier for you and your staff. This gives you more time focusing on the patient and less time focusing on paperwork.
Prepackaged Medicines Streamline Office Practices
Your staff will be happy when they realize just how much easier their jobs can be when dispensing prepackaged medications to patients. Employees want to do an excellent job. They want to enjoy their workdays. They want you to have a successful practice.
Prepackaged medications can be streamlined for quick delivery because there is no compounding, mixing, or sorting that needs to be completed. The medicines are ready before the patients even need them.
You and your staff simply enter the prescription information into the computer. Next you print the label, retrieve the prepackaged medicine from the locked cabinet, adhere the label and deliver package to your patient.
It really is that simple. And due to the reputable software systems, you can implement, it becomes even easier for your staff to communicate with insurance companies, order refills of supplies and receive technical support around the clock.
Prepackaged Medication Software Technical Advantages
No one enjoys communicating with the claims departments of insurance companies. Your staff does not enjoy being put on hold to wait for someone at the insurance company to pick up the phone and take information.
In-office dispensing of prepackaged medicine make it easy to streamline communication with insurance companies. The software technology that accompanies prepackaged medication is set up to include direct contact with the claims departments of all insurance companies.
Your staff should have few steps to take to submit a patient’s records. They should also be able to avoid medical errors that happen due to human error.
Good software programs provide you and your patients with extensive, yet easy to understand, information about their illness or injury, and about the medication you are prescribing.
Keeping patient information confidential is not only important, it’s the law. A good medication dispensing software program will have features that protect your patients and your practice.
While there aren’t many occasions in which you will need help with the software program, no system is infallible. Technical support,fortunately, is available to you around the clock. That means at 4a.m. when you go into the office early to get a head start on the day’s work, you can contact a support tech for help if you experience problems with the software.
Prepackaged Medicine Can Lead to Other Opportunities for Growth
Prepackaged medicine can be the launching pad for many other in-office services you can provide to patients. Your patients will be more satisfied if they can receive the bulk of their services in your office.
In-office dispensing can be followed up with much needed in-office lab testing. You could also add x-ray and diagnostic testing for your patients, or even diabetes education.
Some physicians even go further and add an urgent care clinic to their list of services. While this may seem like a huge undertaking, the others are much more doable with the cost of the equipment being the most expensive.
The more services you provide to your patients at the point of care, the better. You are showing you care about your patients by saving them time and closing the gap between the time you prescribe an order to the time they receive it.
Patient loyalty is key to a successful practice. With their loyalty comes referrals. You won’t even need to advertise your practice if you have loyal patients. Using prepackaged medicine to meet your patients’ needs will increase loyalty and naturally increase the number of people seeking your services.
Eventually, your practice will be working for you instead of you working for your practice.