Top 200 vs Beyond 200
Pharmacies opt to purchase from the Top 200 medication list due to practicality and patient-centricity. The Top 200 medications typically include high-demand medications that are widely prescribed and have established market trends. This strategic approach ensures the ready availability of commonly prescribed medications, aligning with efficient inventory management. This allows pharmacies to easily forecast, allocate resources efficiently and minimize the risk of backorders.
Pharmacies also leverage the frequency of these prescriptions to negotiate advantageous terms with suppliers and drive cost savings. With high volume and high frequency purchases, pharmacies unlock the potential for cost-saving partnerships.
Diversifying your pharmacy’s medication offerings beyond the Top 200 presents a strategic opportunity for substantial savings and enhanced profitability
However, looking beyond the Top 200 medications presents pharmacies with an avenue for heightened cost savings, an aspect often overlooked by many pharmacies. By exploring medications outside this list, pharmacies tap into a niche market that often experiences less price competition, enabling them to maintain healthier profit margins. Read more >
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