Navigation Menu+

Retail pharmacy business model

Retail Pharmacies Improve Rx Profit Margins – Demonstration of

Todd Grover

Retail Pharmacies Improve Rx Profit Margins – Demonstration of Financial Impact with New Drug Price Type

Listen to this complimentary webinar and learn through specific operational use cases the impact and savings drug price type Predictive Acquisition Cost (PAC) has for retail pharmacies. Also covered is how PAC’s adoption by other stakeholders benefits pharmacies and how it differs from other drug price types.

Also covered:

Retail pharmacy case studies Loss-file analysis U&C (cash) pricing strategies Grading out PBMs Contractual performance guarantees on both the procurement and reimbursement side PAC’s adoption by stakeholders benefiting pharmacies Payers, PBMs, and Wholesaler use cases Affects and comparison of acquisition cost surveys

Speakers:

Todd Grover, President & CEO, ChainDrugStore.net; Co-Founder, Glass Box Analytics

Mr. Grover has been working with pharmaceutical manufacturers, pharmacy benefit managers and pharmacy operators for the last 14 years. He is currently President and CEO of ChainDrugStore.net, a hosted software and communication platform that connects more than 300 pharmaceutical manufacturers, pharmacy benefit managers and wholesalers to pharmacies nationwide. Mr. Grover developed the original business plan for ChainDrugStore.net and served as its first Vice President, Technology Operations.Anu Pathria In 2006, he coordinated the sale of ChainDrugStore.net to a strategic investor.

Mr. Grover is co-founder of Glass Box Analytics, a strategic joint venture between ChainDrugStore.net and Pathria Analytics. Through the combination of technology and domain expertise, Glass Box Analytics challenges the “status quo” to deliver innovative solutions to long standing, complex industry problems. In March 2012, Glass Box Analytics launched the Predictive Acquisition Cost (PAC), an estimate of the acquisition cost of a drug created from a multi-dimensional predictive analytics model. The PAC serves as a new drug-pricing standard for the pharmacy industry.

Panasonic Panasonic Oral Irrigator EW-DJ10-A
Health and Beauty (Panasonic)
  • Effectively cleans debris between teeth
  • Gentle on gums
  • Waterproof and washable
  • 1600 pulses per minute
  • Cordless and portable; easy to use
  • 2 Speeds
  • Cordless
  • Portable

Lots of reputable MLMs

by Frodo52

Tupperware and Avon come to mind. I believe that AFLAC insurance is often sold through independent agents along this business model. They have been around for decades and are established companies with established product lines.
My grandmother was an Avon lady for 30 years and did reasonably well for herself. She didn't become independently wealthy or anything, but she made enough money at it to keep it up for three decades.
The business model makes sense. Rather than spend money on a traditional distribution system and cut your profits with a retail chain, why not cut your profits with individuals who will do much more to push your product than your distributor will? Makes sense

Fight the Power!

by IAAhandlecensored

There is an insurrection stalking the publishing world and that insurrection is self-publishing. Today, it is possible to run all aspects of business by one's self. 1099 workers are becoming the norm, not the exception in SF- and how SF goes, America goes. There is no need to corporatize/bureacratize the business process anymore. Authors can administrate the printing, marketing, and retail business processes directly. There is no need for a publishing house then, beyond brand.
I have priced out and am in the process of purchasing printing equipment. I have researched the method, and cost of distribution; and have calculated the cost per 16 page tabloid distribution

You might also like
Home Retail to Reposition Argos Business
Home Retail to Reposition Argos Business
Online Retail Business Model - Business Ideas Wholesale
Online Retail Business Model - Business Ideas Wholesale

US expansion for Carbon Trade Exchange  — eco-business.com
As Director and Chief Strategic Officer for CTX in the US, Lee will be responsible for developing new markets and implementing the overall strategy and business model, with an initial focus on the North American markets.

Air Berlin says fundamental change needed  — Reuters
Analysts say Air Berlin needs to set out a clear strategy and business model if it is to improve its standing in the long term.

Sanford DYMO LabelWriter 4XL, 4" x 6" Label Printer
Office Product (Sanford)
  • Prints a 4 x 6 labels, plus dozens of existing DYMO LabelWriter label styles and sizes for a variety of office and commercial uses
  • Prints up to 53 labels per minute* or 3.2 /second (*4 line address label)
  • Prints in high resolution - 300 dpi, ideal for text, graphics and barcodes.
  • Thermal printing needs no ink or toner.
Motorola MOTOROLA Scanner (Kit: USB Series A and 7 Foot Straight Cable) - Color: Black
CE (Motorola)
Motorola Ds 6707 Scanner (Ds6707Sr Scanner Only - Rs232/Usb Interface) - Color: Cash Register White - Model#: ds6707-sr20001zzr
CE (Motorola)
  • DS6707SR SCANNER ONLY RS232/ U SB IF CASH REGISTER WHITE
Motorola Motorola SCANNER ONLY RS232/ USB IF TWILIGHT BLACK HIGH DEN, Cable Not Included
CE (Motorola)
Related Posts