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Unleashing Hidden Pharmacy Savings Beyond the Top 200

Unleashing Hidden Pharmacy Savings Beyond the Top 200

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 >

SureCost

SureCost News & Announcements

The Smarter Procurement SolutionTM: SureCost is the only end-to-end platform built to unify and elevate your procurement process without disrupting how you work, because in today’s pharmacy market, “good enough” software isn’t good enough. By bringing your entire vendor catalog into one place, SureCost automates purchasing decisions, strengthens compliance and helps pharmacies consistently save 2–5% on cost of goods while delivering 6x to 30x ROI. Features like Drug Shortage InsightsTM, automated substitution management and advanced analytics give you real-time visibility and control across every order. Backed by a Success team with over a century of pharmacy experience, SureCost connects all your vendors, integrates with your pharmacy system and replaces manual, error-prone workflows with a smarter, more efficient process, so you save more, stay compliant and work smarter.

RXinsider Staff

Posted by: RXinsider Staff

RXinsider is a multimedia publishing and technology company offering print publications, digital platforms, events, and content creation services to the B2B pharmacy market.

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