Boost Your Cash Flow

Rapid Credit Program for Fast Reimbursements

Rapid Credit Program

Rapid Credit Program

Even Faster Reimbursements with Our Rapid Credit Program

The Pharma Logistics Rapid Credit program is a powerful enhancement to reverse distribution services. Rapid Credit offers expedited processing for pharmaceutical product returns with both financial and operational benefits to a pharmacy:

  • Receive cash for returned items quickly: Receive cash fast, within 14 days from the date the items are received at our warehouse—instead of waiting 12 or more months, the industry standard.
  • Improve Cash flow: Greater visibility and predictability in your returns helps you manage your cash flow more effectively.
  • Reduce risk: The risk of a decrease in product return value, due to changes in manufacturer policies, is transferred from your pharmacy to the Pharma Logistics.
  • Use our Rapid Credit Program with both our Onsite and Box and Ship services.

Overall, your pharmacy will want to be able to track your returns and get all the cash you’re entitled to as quickly as possible. The Pharma Logistics Rapid Credit program offers an effective way to do this. Plus, now you can find out instantly how much money you could be putting back into your pharmacy with our Rapid Credit ROI Calculator. Try it now!

 

Trade Classes Served:

Note: Direct payment items are not eligible. Proof of purchase may be required.

What Clients are Saying

  • “The Rapid Credit Program provides a high level of visibility, immediacy, convenience and upfront value that is not only beneficial to our bottom line but, more importantly, in our commitment to serve patients with the care, quality and safety they expect of us.” Matthew Flink Director, Pharmacy Administration NorthShore University HealthSystem

How to Get Started with Pharma Logistics

Whether you are currently working with a pharmaceutical reverse distribution company or doing all the work yourself, getting started with Pharma Logistics is easy. Just call us at 888.729.7427 or email to plcustomerservice@pharmalogistics.com, and we will make sure you get all the information you need to make the best decision for your pharmacy, practice, hospital or facility. You won’t miss a beat if you would like to move from another vendor to Pharma Logistics, so don’t hesitate to call us.

Pharma Logistics Introduces ROI Calculator

August 14, 2020

CHICAGO – August 14, 2020 — Pharma Logistics introduces Rapid Credit ROI Calculator for pharmacies to calculate their expected return value from the company’s Rapid Credit Program. The new calculator, available at pharmalogistics.com, yields expected credit value based on average scripts per day or annual pharmacy spend derived from extensive research into spend per scripts, …

The Benefits of Rapid Credit Programs During COVID-19

August 12, 2020

The COVID-19 pandemic has had widespread effects across the healthcare industry. Affecting everything from patient care and drug shortages to financial pressures and expanding regulatory guidelines, COVID-19 is estimated to cause American hospitals and healthcare organizations to lose an average of $50.7 billion per month, according to the AHA.   One of the hardest–hit areas is independent pharmacies. The NCPA highlighted their …

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 …