Pharmacies often purchase within the list of the 200 most commonly prescribed medications, known as the “Top 200.” This list helps pharmacies gauge demand and maintain adequate stock levels. However, while adhering to the Top 200 may seem practical, it doesn’t always offer the best purchasing options.
Unlock More Pharmacy Savings Beyond the Top 200
Purchasing outside the Top 200 can unlock significant savings opportunities. Pharmacies that explore beyond this list often find themselves in a less competitive market, which can lead to reduced costs.
Based on SureCost’s own customer data, on average, purchasing outside the Top 200 has been shown to reduce pharmacies' cost of goods sold (COGS) by approximately 11%. In 2023, retail pharmacies that purchased outside the Top 200 enjoyed even lower COGS compared to long-term care (LTC) pharmacies.
We have consistently observed this trend: pharmacies are increasingly purchasing more products outside the Top 200 than in previous years. These purchases have saved pharmacies about 9% on average off their Top 200 purchases, with approximately 73% of total savings resulting from buying outside the Top 200. Read more >
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.
