A streamlined solution to help independent pharmacies and local hospices work together
Drug utilization management
Analyze invaluable reports and identify ways to improve drug selection, which can help decrease overall medication costs and improve patient care.
- Cost impact reports
- Formulary utilization reports
- Top drug reports
Get access to a comprehensive selection of common hospice medications and create a cost-effective drug regimen tailored to the patient base.
- Medication reviews
- Medication guide
We began working with AmerisourceBergen’s Pharmacy Hospice Administrator program in 2013. This was a great opportunity for our pharmacy. We now average 500 hospice prescriptions per month between 2 hospices that we contract with. The best part is that we have dual roles as the local pharmacy and the insurance provider, which allows us to make an average gross profit of 64% and $13.46 per prescription! And that’s before any rebates!
Drug price management
Eliminate the middleman that stands between pharmacies and hospices and take the guesswork out of calculating drug costs.
- Direct pharmacy-hospice relationship
- Utilization reports
Ensure that patients receive the best care possible with clinical support customized to the unique goals and objectives of the hospice.
- Patient and therapeutics committee participation
- Medication therapy management
- Reviews for non-formulary and over-prescribed drugs
Pharmacy Hospice Administrator pharmacies average $105,600 of additional revenue per year
Marketing and business planning
Expand your customer base and market share with proven marketing support and insight from a growing network of like-minded peers.
- Pharmacy business expansion
- Hospice business expansion
- Pharmacy-hospice collaboration
Use the data-driven guidance of our managed care experts to ensure patients get reliable, cost-effective drug management.
- Hospice market and drug management knowledge
- CMS regulation expertise
- Formulary and pricing expertise
- Custom administrative design
- Pharmacy network insight
The Pharmacy Hospice Administrator solution has allowed us to leverage our existing relationships with local hospices in an exciting new way. We not only have seen our margins on drug sales increase, but we have also been able to grow our bottom line through specialized pharmacy services.
Improve patient outcomes by utilizing collaborative tools that enable pharmacies and hospices to work together to manage costs and maximize reimbursement.
- Claims administration
- Eligibility management
- Reimbursement coding
- Utilization edits
- Cash management
- Network development
- Oversight and support