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Setting up Physician Dispensing: 5 Critical Things to Know

Harold Gibson

More and more practices, especially group practices specializing in oncology, surgery, orthopedics or multi-specialties, are opting to offer physician dispensing or in-house pharmaceutical services to their patients as an add-on to the growing “one-stop shop” trend. Even smaller practices are taking notice and considering offering ancillary service to increase revenues while improving the whole patient experience. Before you begin, there are some things you need to know that can make or break your chances of offering a successful in-house pharmacy program:

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Topics: Physician Dispensing

How Does Physician Dispensing Help to Increase Revenue?

Patrick Dougherty

Many medical offices and hospitals completely overlook the physician dispensing because of the significant up front costs. Although the investment is substantial, the upside of a properly managed in-house pharmacy can be well worth it. Here are just a few of the advantages.

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Topics: Physician Dispensing

Physician Dispensing: Revenue Booster or a Distraction?

Patrick Dougherty

Expanding your medical practice can be a challenging and expensive way to grow revenue, but there are some growth models that have tested positively over time. One of those ancillary services that may help boost your revenue is through offering dispensing services into your practice. However, is this more of a distraction from key offerings than a bottom-line driver? While the answer may be different for your business, many providers are finding that physician dispensing is a great way to boost ongoing revenue and customer retention. 

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Topics: Physician Dispensing

Physician Dispensing Can Improve a Medical Practice Bottom Line

Harold Gibson

When practice revenues are flat-lining or even shrinking under the health care reform changes, the logical steps include reining in expenses and looking for new revenue streams. For many practices that have already trimmed expenses to the bone, opening physician dispensing or in-house pharmacy may be a practical solution for generating new revenues—and providing a genuinely useful service for their patients. 

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Topics: Physician Dispensing

About this blog

A place for physicians and other healthcare stakeholders to share and discover information about everything related to running efficient medical practices.

Established in 2002 by a group of physicians, we are a national provider of medical billing services to group practices, clinics, and individual physicians. We also specialize in provider credentialing, payer contract reviews, and medical coding for a wide range of clients - from solo practitioners to multi-site, multi-specialty practices.

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