Retail Pharmacy

Do you know your ERV?

What’s Your Expected Return Value?

November 27, 2018

Reverse distribution is a dynamic industry which determines drug cost according to many rapidly-changing variables, each of which fluctuates according to price data, calculations and more. Prices are recalculated and modified at every link of the drug supply chain, making pricing a science. For example, WAC (Wholesale Acquisition Cost) and AWP (Average Wholesale Price), are …

Women in Pharmacy

Is Rapid Credit Right for You?

November 26, 2018

According to a 2018 report from the HDA (Healthcare Distribution Alliance) Research Foundation (titled ‘The Role of Reverse Distribution), reverse distribution generates more than $13 billion annually in product values. This represents a major opportunity for pharmacy owners and directors to recoup significant ROI from recalled and returned products. To get their return credits, many pharmacies …

Drug Take-Back Programs Improve Communities

October 25, 2018

Benefits of Drug Take-Back Programs Drug Take Back programs at pharmacies offer community members the opportunity to properly dispose of prescription drugs and over-the-counter medications. Disposal of these substances offer three key benefits: Helping to prevent prescription drug abuse Reducing risk of accidental poisoning Decreasing environmental hazards including water contamination due to medications Take-Back Programs Can Make a Difference Poisoning …

Top Challenges for Pharmacy Technicians

October 19, 2018

As a pharmacy technician, you are a key member of the pharmacy team. You’re the friendly face behind the counter. And you’re the detail-oriented team member tracking inventory in the back. In your role, you face many demands that even the most seasoned technicians consider challenging. We understand patient care is at the top of …

Seven Tips for Excellent Customer Service as a Pharmacy Technician

As a pharmacy technician, you’re the engine of the pharmacy. You not only manage inventory, but you’re also the friendly face who takes care of customers when they walk in. You help them get the medications they need in a timely fashion. Your strong organizational and inventory management skills keep your pharmacy healthy on the …

Video: Learn How Pharma Logistics Helps Pharmacies

October 9, 2018

To succeed, every pharmacy must optimize the two C’s of building a strong business: cash flow and compliance. With over 20 years of experience, Pharma Logistics has provided reverse distribution services to support pharmacy cash flow—while maintaining airtight legal and regulatory compliance. Learn how you can help improve your customer service with the Pharmacy Technician …

5 Things you need to know about the Pharmaceutical Returns Process

5 Things You Need to Know About the Return Credit Process

August 27, 2018

Many hospitals and pharmacies rely on an outside vendor to handle their reverse pharmaceutical distribution process to garner return credits. But how does that process really work? Pharma Logistics wants to improve visibility into that process by giving you the 5 things you need to know about the return credit process–and find out if you’re …

Is Box and Ship or Onsite Pickup Best for your pharmacy?

What Service is Right for You?

Box and Ship or Onsite Pickup – which return service is best for your pharmacy? With the wide range of reverse distribution services available today, it can be challenging to determine which one is ideal for your pharmacy. Pharma Logistics offers two popular services that make the pharmaceutical returns process easier and more visible. Those …