Pharmacies face significant challenges when contracting directly with hospices.  Some of these include:   

1. Creating and managing contracts and contract terms. 

2. Chasing down and trying to collect funds owed by hospices (and losing money when the hospice doesn’t pay).  

3. Pharmacies can face conflict when a nurse insists on dispensing a medication that is not on the formulary. If the pharmacy complies, they risk being reprimanded by the Administrator and incurring the cost of the drug.
On the other hand, if they refuse to dispense, they risk being criticized for neglecting the patient’s needs. 

4. Taking orders via phone calls is very time-consuming.  

5. Client support and consultations require significant resources. 

6. Marketing and sales efforts are expensive. 

7. Pharmacies are always at risk of losing the business to a PBM that offers things the pharmacy can’t provide (e.g., utilization reports, EMR integrations, cost controls, etc.).

These activities take up valuable time and resources from pharmacies that could be used for dispensing medications, which is the main priority for hospices.

With BetterRX’s Connected RX platform, pharmacies can offer everything a PBM offers and much more including: 

• Real-time medication tracking

• 100% mobile ordering, no more phone calls

• Ready to fill scripts

• Electronic refill requests

• Digital timestamps on all orders

• Real-time data and reporting

Still have questions?

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About BetterRX

BetterRX's mission is to radically change patient care by ending medication delays that cause needless suffering. BetterRX offers efficient ordering technology, medication tracking, real-time PPD & cost alerts, and committed local pharmacies. Learn more about BetterRX, our CRX Platform, Better ePrescribe, and Pharmacy tools.