Reduce Drug Costs Without Discounting

By Tom Hagan

reduce cost.png

Regardless the reasons, we all know that higher cost meds are often prescribed to patients when less expensive therapeutic alternatives are readily available. As a LTC pharmacy services provider, helping your facilities and patients control costs by offering a therapeutic interchange program can be a differentiator to your business. For many pharmacies though, managing drug substitution and therapeutic interchange is difficult and therefore avoided.

SoftWriters’ customers don’t need to fear the impact of supporting certain cost-saving therapeutic interchanges where allowed. Regardless the level of granularity required (Drug, Facility, Physician, Payer), FrameworkLTC can manage your therapeutic interchange programs vs. the need to rely on staff to know which circumstance to apply, which drugs or drug classes to substitute, and their equivalent doses.

Once you have the proper authorizations in hand, set-up takes just minutes. If you need assistance setting up your program in FrameworkLTC, just call support. We will have you up and running in no time.

Tom Hagan, R.Ph. is a sales consultant at SoftWriters, a Pittsburgh-based company that offers pharmacy management software solutions to pharmacies serving the long term care community. Tom has been in pharmacy for 51 years – before joining SoftWriters he worked at, owned, and then sold an independent pharmacy in his community. Tom reminisces about the characteristics that make us love our community pharmacy – stopping on his way home to deliver medications and groceries to a housebound family, hiring the local kids, and knowing his customers by name.