Physician dispensing has long been an effective strategy for improving patient care.
For The Urology Group, adding a drug consignment program has made a good thing even better. The combination of both solutions is making a significant impact on the health of patients and practice alike. As a result, The Urology Group is better prepared to meet the growing cost and quality challenges of value-based care:
- Increasing adherence by making medications available right at the practice, instead of relying on a third-party pharmacy.
- Enhancing education to ensure patients know how to take their medications.
- Improving the patient experience by allowing patients to pick up their medications in the privacy of the doctor’s office and communicate directly with their provider.
- Increasing revenue in a declining reimbursement environment by creating a new service line that improves overall patient care.
- Controlling drug costs and improving cash flow to free up more funds to support patient care.
“We had tried a physician dispensing pilot program once before, using automated dispensing machines (ADMs) from another company. But it didn’t work as well as we had hoped,” said Jonathan Gundler, Senior Accountant/Financial Analyst and Certified Lean Six Sigma Black Belt of The Urology Group.
The practice already had a strong relationship with VitalSource™ GPO and was taking advantage of its extensive contract portfolio to minimize costs. “We turned to our GPO’s physician dispensing program to help ensure implementation would go smoothly this time,” Gundler said. “And it did—we’re very happy with the results.”