Rx-Net interfaces directly with your system. We purchase data from multiple sources on a monthly basis, then transmit the market based data to your system automatically.
You always have the option to customize your pricing strategy for brands, generics, or individual drugs.
The service requires no monthly maintenance from you, and we won’t tie up your system for hours per month making adjustments.
The installation process varies by system. We strive to manage a smooth installation process and typically conduct the 1 time installation before or after your pharmacy hours.
KNOW HOW YOUR MARKET IS PRICING
As a pharmacist, you no longer need to spend hours a week conducting phone surveys to find out how your competition is pricing. With Rx-Net you have the choice to compete against chains, mass retailers, and independents in your market area, with the click of a button. We offer you 9 different options for your pricing strategy, allowing you to adapt to market conditions for both brands and generics.
AVOID MARGIN COMPRESSION
Many pharmacies today base their pricing on their acquisition cost, attempting to maintain a target margin percentage. Competitive market pressure and customers complaining about prices typically render this strategy somewhat ineffective, resulting in reduced margins over time. The most popular drugs are typically dispensed with lower or no margin, while less popular drugs, ranked 100 – 2000, are priced more generously. Rx-Net manages this for you based on how you want to compete.
AUTOMATE
Spend more time with patients and your staff and less time managing pricing. With Rx-Net’s pricing service, you avoid calling other pharmacies, and you don’t need to submit fake prescriptions and wait for research to be conducted. Our pricing service is imbedding in your system and is updated based on market data we purchase for your area.
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