“To survive, community pharmacies are evolving beyond the traditional “product-dispensing” revenue model. The future of local pharmacy relies on diversifying revenue away from product margin alone—shifting toward clinical service delivery, point-of-care testing, specialized compounding, disease state management, and direct-care service contracts with local employers and health plans” – Erin Albert
Erin Albert has written a six-part series on the business of prescription drugs in this country, a must read for plan sponsors, insurance agents and consultants. It’s worth the read.