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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

Smarter, Simpler, Unified Pharmacy Purchasing Software: SureCost is the only end-to-end purchasing management software that unifies your process without disrupting it. With your entire catalog in one solution, SureCost allows you to set purchasing configurations, drive compliance (with your primary, buying group, GPO and more) and maximize rebates. Save 2-5% on your cost of goods year over year and experience 6x to 30x ROI. The SureCost Success team, with over 100 years of collective pharmacy experience, brings all of your vendors into one online catalog and integrates with your pharmacy management system for you. Stop wasting time searching for NDCs, reconciling errors manually and relying on spreadsheets. With SureCost, save more, stay compliant and work smarter.

10-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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