New Decade, New Pharmacy Model
by David Pope, PharmD, CDE, Chief Innovation Officer
More pharmacists are scheduling patient appointments and providing billable clinical services with patients than ever before.
January 22, 2020
by David Pope, PharmD, CDE, Chief Innovation Officer
More pharmacists are scheduling patient appointments and providing billable clinical services with patients than ever before.
by Shelley Hansell, SVP, Client Relations & Revenue Cycle Product Management
January 1, 2020 is an important date for pharmacies that process medical claims under Medicare Part B. If you administer immunizations, dispense diabetic supplies or provide DME items to Medicare beneficiaries, your reimbursement may be at risk. Starting on January 1, all claims submitted to Medicare will require a MBI for claim reimbursement, even if the date of service is prior to January 1. Claims sent without a MBI will be rejected.
by David Pope, CDE, PharmD, Chief Innovation Officer
Food insecurity is defined as “a lack of consistent access to enough food for an active, healthy life.” This directly relates to a lack of resources needed to provide food. In many cases, patients are forced to make a choice between buying food and being able to buy their medication. We begin a pilot program in Augusta, GA with a local pharmacy and a local food bank with goal of making a positive impact on food insecurity in the region. Through this collaboration, the program addressed both physiological and safety needs.
by David Pope, CDE, PharmD, Chief Innovation Officer
Due to the downward market pressure in the pharmacy industry today – and in order to stay successful long term – pharmacies must diversify their business model beyond dispensing. Most pharmacies have already taken the first step towards a more diversified business model by providing immunizations. This model has been incredibly successful, both for patients who now have a more convenient setting of care to receive vaccines and for pharmacies that receive a high ROI from providing this service.
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