MedX Sales offers a variety of dispensing options for your practice needs. Incorporating a physician dispensing program is a fantastic way to capture more revenue for your practice. Healthcare reimbursements are on the decline, and overhead costs are soaring. Incorporating ancillary programs can drive more revenue into your practice without having to see more patients or require more paperwork.
Independent practices are on a course to eventually assimilate into the hospital systems or larger group entities unless they find alternative funding sources to help provide more financial stability.
Most physicians unfamiliar with physician dispensing assume that dispensing is a cumbersome process and requires a lot of time and effort. The reality is that it is relatively simple to operate, and they can be up and running within a couple of days.
Physician dispensing is unlike most other ancillary services. Typically it does not require expensive construction build outs, lots of money for inventory or requires hiring additional staff to operate the program.
The physician has complete control when it comes to selecting the medications they want to stock in their office. Stocking controlled meds are optional and not a requirement. Most doctors unfamiliar with dispensing assume that they would have to inventory controlled medication, and that is not the case. There are also safety protocols in place to help catch variances in inventory if they ever become an issue. Real-time reports are sent immediately after inventory has been performed alerting management of any changes and who is responsible for doing counts.
Physician dispensing is allowed in most states, and individual licenses may be required with a little paperwork. It is important to select a company that provides an array of options when it comes to suppliers an offers training and software support.
If considering adding a physician dispensing program into your office, I recommend starting slow. No need to rush and purchase a lot of inventory at first. You can always expand your inventory after you determine what works and what does not.
Request a short 10-15 minute webinar if interested in learning more about what physician dispensing has to offer your practice today!
Physician Dispensing Program