PROVIDER BENEFITS
Healthcare providers are adopting the innovative solution of point of care drug dispensing to provide benefits to patients while recognizing an additional source of revenue for the practice that simply wasn’t being captured.
Physicians Total care provides physician groups, dental practices and clinics the necessary tools to safely and efficiently dispense prepackaged medications directly to their patients at the time of treatment.
- Generate significant revenue and profit stream immediately – assists healthcare providers capture revenue previously lost to outsourced prescriptions ($20,000 to $100,000 per physician).
- Improve levels of patient satisfaction and compliance. Studies show 20-40% of prescriptions written goes unfilled.
- Reduce or eliminate time consuming pharmacy call backs and faxes asking for clarification of dose, etc., and that cost each physician $30,000 per year.
- Increase patient safety (since FDA repackaged drugs require higher production standards than pharmacies).
- Eliminates prescription errors.
- Over 90% of payers nationwide will reimburse dispensing physicians.
- Covered by existing professional liability policy – no additional premium.
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Physicians spend 1/2 to 1 hour on pharmaceutical matters each day for no revenue. For every three physicians there is the equivalent of a full time employee handling pharmacy issues for no revenue. This overhead totals about $30,000 annually per physician in order to comply with pharmacy and payer/PBM requests. This overhead creates no revenue. By using this overhead to deliver medications, the physician can provide better health care while increasing practice income $20,000 - $100,000 per physician.
The typical physician spends nearly $30,000 in overhead costs each year just complying with pharmacy, PBM and pharmacy payer requests. With PTC, you can turn that overhead into greater patient satisfaction, lower health care cost and a profit center producing $20,000 to $100,000 additional net income per physician per year.
As a representative for PTC, should you like to find out more about this program please contact us and visit the PTC website. |