Our pharmacy has discovered that pricing competitively is the key to making money. Since the implementation of Auto-Rx-Net,our pharmacy has experienced a 2% gross margin increase on generic drugs and 5%gross margin increase on brand drugs. Auto-Rx-Net enables us to price competitively with minimal effort on our part.
Kevin Blessing from Sauk City Pharmacy
[We have] been a loyal customer of Rx Net since 2012…..Before RxNet, our pharmacy struggled with inconsistent pricing and margins. Integration with McKesson’s Enterprise Rx was easy and seamless…..Competitive pricing was imperative for our pharmacy as employees began to comparison shop. Chuck had a solution that met our needs and keeps us competitive with chains in our area…….I consider RxNet an invaluable business partner.
The Rx-Net pricing service and team have been a tremendous benefit to our company. We have three pharmacies within the same market place with a great deal of local competition. Our philosophy has always been to be competitively priced, now with Rx-Net we are able to be competitively priced, while maximizing margin, at all three of our locations. The team at Rx-Net has brought tremendous value to our company and has assisted us in truly analyzing our pricing strategy.
Barry Klein, RPh, Klein's Pharmacy, OH
The accurate U&C values that we receive as a result of Auto-Rx-Net has contributed to higher reimbursement levels from 3rd parties contributing to our gross margin increase.
Rx-Net has allowed consistency between both of my stores. Being competitive with cash prices and still allowing for profitable margins are the major reasons why I am continuing to use Rx-Net.
Dr. Michael Butler's Village HealthMart Drug Hot Springs Village, AR
Pennsylvania, has seen the benefits first hand. "I wasn't investing nearly enough time on pricing.With the Auto-Rx-Net pricing service, I was surprised to see how quickly my prices were becoming out of date, and what that was costing me," Norm reports. For example, Norm had been pricing a particular generic at $26 per prescription, not knowing that the going rate in his area was more than $70. More than reducing revenues and profit margins for cash prescriptions, outdated pricing can impact third-party reimbursements.
Norm Talkowski, R. Ph. and owner and Bloomfield Drug in Pittsburgh
Thanks to RxNet we can focus our time on patient care and not on managing pricing. Their easy to use program is comprehensive and fully integrated with our system. We’ve seen a measurable decrease in paid at U&C claims, and, even with shrinking reimbursements, RxNet has managed net positive margin growth for all Dierbergs Markets pharmacy locations.
Setting up RxNet with RX30 was a breeze. We have four stores and it takes less than 5 minutes to update our costs at all four locations each month. Pricing our four stores used to take me several hours every month. Now I can spend that time finding other ways to make the company profitable. This time savings alone makes RxNet worth the money. The monthly reminder calls and the personal attention I receive from RxNet when I have pricing questions adds to that value. When you add in the ability to get a true market price through SureRx, RxNet pays for itself immediately.
Greg Paisley RPh Director of Pharmacy Operations Shrivers Pharmacy Zanesville, OH
Customers often receive a quote at one location, but then fill their prescription at the other. I no longer have to worry about customers questioning the price variations between the stores.
Wayne MacArdy, owner and RPh of the five Phillips Pharmacies
After switching to Enterprise we began using Rx-Net, and within a few months money seemed to start flowing again! I cannot manage all the aspects of this crazy business without some help. I am grateful to have someone like Rx-Net that can be an expert in this field to help me.
Kari Vondra, Western Drug Livingston, MT