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By: MHS Editorial Team

The increasing cost pressures on health systems have pushed many to look beyond traditional streams of revenue in order to remain profitable and continue providing a higher standard of care. In recent years, the outpatient pharmacy has emerged as a worthwhile investment for its ability to capture revenue that may otherwise have been missed. Along with discharge prescriptions, the integrated outpatient pharmacy can bring in would-be lost dollars through:

Supporting ambulatory services

This may include dispensing medications for home infusion therapies in order to retain a larger portion of the market – with the home infusion market projected to reach $20.6 billion by 2027.

Specialty medications

Specialty pharmacy may bring in as much as 10% of a health system’s revenue alone.

340B savings

According to the Health Resources and Services Administration (HRSA), enrolled hospitals and covered entities can achieve an average of 25- 50% in savings on pharmaceutical purchases through 340B.

If you feel that your outpatient pharmacy may not be operating at its full potential, ²ÝÝ®ÊÓƵ can help.

Find out what other risks you may encounter with an underutilized outpatient pharmacy and learn what solutions ²ÝÝ®ÊÓƵ Health Systems has available to help you achieve more by downloading our recent eBook, 3 Costly Risks of Underutilizing Your Outpatient Retail Pharmacy.

To learn more about how ²ÝÝ®ÊÓƵ can help you improve the performance of your outpatient pharmacy, you can also contact our ²ÝÝ®ÊÓƵ Health Systems experts today.