Northwind Pharmaceuticals, Physician Dispensing

Physician Dispensing: Economics Part 2

Physician-Dispensing-Economics-Part-2When it comes to prescribing patterns of general practice physicians, there are similar trends among practices. These trends often show that the practice could benefit from in-house dispensing.

Let’s Dig Deeper

Take, for example, a well-established family practice with a single physician who is taking advantage of in-house dispensing. The physician averages 19 prescriptions each day. Of those, about 53% are medications that can be dispensed from his office.  So, everyday he is dispensing about 10 items to his patients.

The average cost to the patient is $15 while the average cost to the physician $3.25.  That means the clinic is generating $11.75 for each prescription, or $117.50 per day.  Assuming the practice is operating 45 weeks of the year, the physician’s annual profit $26,438.  In this case, the physician benefits by increasing his revenue while not hiring any additional help and the patient benefits by receiving medications at a lower cost than a pharmacy.

Medication dispensing is not a “get rich quick” program. Rather, it is a viable supplement to a responsible practice.  With virtually no additional overhead cost, medication dispensing can increase a physician’s net revenue from the practice.  In addition, pharmaceutical dispensing helps save the patient money and adds value through convenience.

Northwind Pharmaceuticals is your partner in this win-win situation. Our solutions make offering in-house medications seamless and simple. To learn more about how we can help your practice grow,contact us today!

Schedule a free claims analysis now.

Let’s Talk now


Betsy Bigler | Mar 7th, 2024
INDIANAPOLIS, March 7, 2024 – Northwind has announced the addition of Tony Purkey as Senior Vice President, Client Strategies. “Demand from our self-funded employer and union clients is driving rapid growth,” said Phillip Berry, CEO. “Tony Purkey joins Northwind at a time when we need high-integrity leaders with expert knowledge in employer-sponsored health and the … more »

continue reading

Voices Lost in the Noise

Phillip Berry | Jan 31st, 2024
In the health benefits world, the mad scramble toward January renewals/starts has subsided and attention has turned to the annual cycle of review necessary to gauge progress. How did we do? The plan review process generally centers on analytics to gauge progress or regress and to identify “areas of opportunity.” Good. The right data with … more »

continue reading