The Ultimate Secret Of Pharmaceutical compounding companies |
Posted: November 20, 2017 |
When a patient is unable to take the commercially available drug or she requires a medication that has been discontinued, a licensed pharmacist can recreate that medication via pharmaceutical compounding companies. Sometimes patients don’t respond to the traditional forms of treatment, or they simply need their medication in a different form. Compounding meets these needs by providing customized solutions for each patient’s needs, making it beneficial not only for your customers, but also for your pharmacy.
At one time, all medications were compounded. However, with the advent of mass drug manufacturing, the role of compounding declined and pharmacists were seen more as cookie-cutter drug dispensers. Over the recent decades though, technology advancements and the rise of innovative techniques have allowed pharmacists to customize medications, which makes exploring the benefits of pharmaceutical compounding companies as a differentiator in your market even more important.
If you are still undetermined about introducing compounding to your pharmacy, we’ve hand-selected these 5 benefits of pharmaceutical compounding companies that show how it can boost your business and help your patients live a healthier and happier life.
Consider the number: An average pharmacy with 100 patients per day can easily have 5 patients who will benefit from compounding products. With an average $50 spent per prescription, this would add $77,500 per year to your gross profit. Compounding allows you to increase revenues while at the same time offering your patients and physicians choices with targeted solutions for their healthcare needs.
Ready to learn more? Get a free business assessment that will help you identify the most profitable areas of compounding and other pharmaceutical compounding companiesniches, leverage marketing strategies for the compounding practice, and more!
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