[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.brppharma.com\/more-dispensing-physicians-fewer-healthcare-costs#BlogPosting","mainEntityOfPage":"https:\/\/www.brppharma.com\/more-dispensing-physicians-fewer-healthcare-costs","headline":"More Dispensing Physicians –\u00a0Fewer Healthcare Costs!\u00a0","name":"More Dispensing Physicians –\u00a0Fewer Healthcare Costs!\u00a0","description":"More Dispensing Physicians –\u00a0Fewer Healthcare Costs!\u00a0 As the healthcare sector continues to strive for better policies and methods that could make affordable\u00a0health care possible for all, the role that point of care dispensing physicians\u00a0plays in improving\u00a0the\u00a0cost-effectiveness\u00a0and quality\u00a0of healthcare in\u00a0the market today cannot be overstated or underestimated.\u00a0\u00a0 Furthermore, an in-office dispensary such as BRP Pharmaceuticals\u00a0offers\u00a0both the\u00a0patients […]","datePublished":"2017-12-16","dateModified":"2022-06-29","author":{"@type":"Person","@id":"https:\/\/www.brppharma.com\/author\/brppharma#Person","name":"BRP Pharmaceuticals","url":"https:\/\/www.brppharma.com\/author\/brppharma","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/1823a51a9ebb71b301035ef253ad87e9ea23d88aadbe3f3c420e18ff5966659f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/1823a51a9ebb71b301035ef253ad87e9ea23d88aadbe3f3c420e18ff5966659f?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"BRP Pharmaceuticals","logo":{"@type":"ImageObject","@id":"https:\/\/www.brppharma.com\/wp-content\/uploads\/2017\/10\/brp-logo.png","url":"https:\/\/www.brppharma.com\/wp-content\/uploads\/2017\/10\/brp-logo.png","width":340,"height":100}},"image":{"@type":"ImageObject","@id":"https:\/\/www.brppharma.com\/wp-content\/uploads\/2018\/08\/brp-Landing-logo.png","url":"https:\/\/www.brppharma.com\/wp-content\/uploads\/2018\/08\/brp-Landing-logo.png","width":133,"height":55},"url":"https:\/\/www.brppharma.com\/more-dispensing-physicians-fewer-healthcare-costs","about":["News"],"wordCount":661,"keywords":["BRP Pharmaceuticals","dispensing physician","Dispensing Physicians","physician dispensing"],"articleBody":"More Dispensing Physicians –\u00a0Fewer Healthcare Costs!\u00a0As the healthcare sector continues to strive for better policies and methods that could make affordable\u00a0health care possible for all, the role that point of care dispensing physicians\u00a0plays in improving\u00a0the\u00a0cost-effectiveness\u00a0and quality\u00a0of healthcare in\u00a0the market today cannot be overstated or underestimated.\u00a0\u00a0Furthermore, an in-office dispensary such as BRP Pharmaceuticals\u00a0offers\u00a0both the\u00a0patients and the medical practitioner ample benefits.\u00a0As an\u00a0ancillary revenue stream for the\u00a0dispensing\u00a0physician, in-office dispensing provides convenience to the patient as it\u00a0saves them\u00a0a trip to the pharmacy,\u00a0improves therapy compliance levels as well as patient-physician relationships.\u00a0\u00a0Right now, only 10% of private practices offer ancillary services such as in-office dispensing.\u00a0And although this number is on the rise, the fact that it hasn’t been entirely\u00a0embraced\u00a0is costing the healthcare sector billions in “Missed Meds”\u00a0yearly.\u00a0\u00a0According to an article published by USA Today,\u00a0\u201cMissed Meds\u201d could cost the health sector more than\u00a0$250 billion a year.\u00a0\u201cMissed Meds\u201d are in simplest terms, a situation where\u00a0a patient forgets, refuses to or for some reason doesn\u2019t take their medication thus causing their ailments to either worsen or metamorphose into one that could be deadly and cost a lot more during treatment.\u00a0\u00a0Research shows about 30% of patients do not fill their prescriptions when they leave the point of care without medications.\u00a0Patient therapy compliance rates, however, spike dramatically with in-office dispensaries in place.\u00a0\u00a0A 2007 study suggested that\u00a075% of\u00a0the surveyed patients surveyed opted for\u00a0in-office dispensing if\u00a0given the choice.\u00a084% highlighted on the convenience it offers,\u00a0and 62% said\u00a0point-of-care dispensing would help them\u00a0manage their health\u00a0better.\u00a0\u00a0So apart from saving an excess of $250B yearly in the health sector, what other economic benefits does physician dispensing offer?\u00a0If there are more dispensing physicians in the health sector, the price paid for missed meds would be significantly reduced.\u00a0But, it doesn\u2019t just stop there.\u00a0\u00a0An in-office dispensary is a business even as it\u00a0offers\u00a0convenience to patients and increases therapy compliance levels, it also increases the revenue generated by the practice. This means the government can also generate revenue when they tax these in-office dispensaries. So it’s basically a win-win situation for the healthcare sector, the patient, and the\u00a0practice.\u00a0\u00a0If you are a physician contemplating why you would need to partner with BRP Pharmaceuticals, then here is:\u00a0\u00a0Why\u00a0your practice needs point-of-care dispensing\u00a0\u00a0With an increasing\u00a0number of patients\u00a0opting for convenience over the \u201ctraditional\u201d protocol\u00a0of having to journey to the pharmacy and less than 10% of physicians dispensing medications to these\u00a0patients,\u00a0POC dispensation is the absolute\u00a0win-win model.\u00a0\u00a0\u00a0\u00a0\u00a0The average\u00a0physician today\u00a0writes free\u00a0prescriptions daily for their patients, but is\u00a0not generating any income from\u00a0those prescriptions;\u00a0however,\u00a0the pharmacy representatives\u00a0are benefiting financially.\u00a0With on-site dispensation, your practice is most likely to generate an approximate\u00a0$8-$10 per prescription.\u00a0\u00a0Depending on the influx of patients to your practice, this sum could accumulate to $800 to $1000 per week in revenue with an average patient visit count of 100 patients weekly.\u00a0\u00a0This is not to mention the expense physicians would save on pharmacy call-backs with\u00a0physician dispensing.\u00a0Got more questions about physician dispensing?\u00a0Contact\u00a0BRP Pharmaceuticals\u00a0today\u00a01919 N. Victory PlaceBurbank, CA 91504(877) 885-0882\u00a0info@www.brppharma.com\u00a0BRP has been in the pharmacy business for over 100 years and repackaging medications since 1980. Today, BRP is a trusted provider to over 2000 physicians, clinics, and pharmacies across the United States, servicing clinics across 32 specialties.\u00a0BRP has access to the broadest range of quality pharmaceuticals, building strong relationships with various manufacturers and distributors to gain access to all generic and branded products. If a clinic needs a product we either have it or will find it for them.\u00a0Adding BRP\u00a0Pharmaceuticals\u00a0medication dispensing system to your current services is sure to increase your revenue and patient satisfaction.\u00a0\u00a0Wouldn\u2019t you rather\u00a0have an FDA and DEA licensed company dispensing your medications?\u00a0\u00a0Get in touch today!\u00a0\u00a0"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"More Dispensing Physicians –\u00a0Fewer Healthcare Costs!\u00a0","item":"https:\/\/www.brppharma.com\/more-dispensing-physicians-fewer-healthcare-costs#breadcrumbitem"}]}]