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Thriving Through DIR Fees: Pathways to Pharmacy Sustainability

Thriving Through DIR Fees: Pathways to Pharmacy Sustainability

Explore ways to reduce the formidable impact DIR fees can have on your pharmacy business.


Pharmacies today face an array of financial and operational challenges, with Direct and Indirect Remuneration (DIR) fees standing out as a significant threat. These fees, once intended to drive better patient outcomes, now present a formidable challenge to pharmacy sustainability. 


The good news is, pharmacies can implement better purchasing strategies to reduce DIR fees and increase profitability.


Understanding the Evolution of DIR Fees

Initially conceived as a means to incentivize quality services and patient care, DIR fees have morphed into a complex financial hurdle for pharmacies. The evolution of these fees has exacerbated financial unpredictability, with pharmacies struggling to forecast costs and reimbursement rates accurately. Recent changes, including the upfront inclusion of DIR fees, have intensified financial strains, leading to operational cutbacks and reduced staff hours. 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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