Pharmaceutical Returns

How Pharmaceutical Returns Improve the Bottom Line

3 years ago  •  Add Comment  •  by Donna Bliss

In a previous blog post, we told you that one of the Top 3 Reasons Why Pharmaceutical Returns Deserve Respect was because pharmaceutical returns provide a window into your operational inefficiencies. Practices like over purchasing leads to overstocked, obsolete and expired drugs.  That in turn puts a strain on your cash flow and profitability, especially when you are unable to receive return credit for these items.

A blog post from Independent Rx Consulting, “Do you Know the Financial Health of Your Pharmacy,” suggests that profitability and cash flow should be used to measure success.  Read more to find out if your pharmacy is financially healthy and contact GRx to discover the inefficiencies that are costing you return credits!

Share our post

Leave a Reply

Your email address will not be published. Required fields are marked *