Let’s explore today’s DIR challenges for pharmacies and show how smart buying choices can lead to significant benefits. By leveraging SureCost, pharmacies can save more, stay within the rules and work smarter. Ready to dive in?
Defining DIR Fees and Their Evolution
DIR fees in pharmacy reimbursement have shifted from being a mechanism to promote better services and patient outcomes, to a significant financial burden. Initially, these fees were reconciled annually, posing challenges in financial predictability for pharmacies. Over time, the complexity of DIR fees has escalated, with pharmacies struggling to forecast their actual costs and reimbursement rates. This shift has led to a growing financial strain on pharmacies. Effective financial management has become more challenging, compounded by the uncertainty and potential magnitude of fee assessments.
The Double Impact of DIR Fees
In 2024, DIR fees changed, hitting pharmacies twice as hard. Before, fees were charged after the fact, causing financial surprises for pharmacies and higher costs for patients. Now, these fees are included upfront in prices, making costs clearer, but not lessening the financial burden1. This change has significantly affected many pharmacies’ operations, with a large number of pharmacies reporting severe impacts, leading to staff cuts and reduced hours.
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.
