Are you underpricing prescription medicines? If so, you could be missing out on a sizable amount of revenue. To maximize your prescription profits, you need to develop a pricing strategy based on accurate information, and adding a full-time pricing analyst to your staff is probably not a realistic option.
We developed Rx Advisor so you can determine your own prescription pricing target and identify discrepancies among your current Rx retail prices. It’s an instant, web-based solution that reveals what other retailers in your area are charging for branded and generic Rx drugs, specific to your area.
Each month features a different therapeutic category for systematically addressing your pharmacy's pricing strategy. We provide the data and tools to guide you through pricing your top sellers as well as those slower-moving, yet profitable drugs. You'll also have a reliable guide when it comes to pricing new drugs. And all data is exportable to Microsoft Excel, so you can store and analyze it in the way that works best for you.
With a subscription to Rx Advisor, you'll have affordable access to up-to-date cash prices currently charged by chain retailers, food/drug combos, and independent pharmacies in your two-digit ZIP code area, plus the mass national median retail pricing.