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Rx product management
Generic Rx Purchasing Program
CardinalSOURCE is
a high-quality, single-source, customized generic pharmaceutical
program.
CardinalSOURCE is a comprehensive generics program that is managed
to the industry's highest standards by a team of experts. The program
consists of nearly 2,000 single-sourced generic pharmaceutical products
that make up 95 percent of the average retail pharmacy's product
needs.
CardinalSOURCE benefits pharmacies by offering:
- Increasing profitability and gross margin
- Prices 30 to 40 percent below WAC
- Low contract cost and high reimbursement
- Decreasing inventory costs
- Proven NDC consistency
- Low item switch rate
- Same product, same color and same shape
- High serviceability
- A consistent, high service level
- More than 1,980 single-sourced generic items
- The highest quality products
- Highest available product rating and patient preference
Branded Rx Purchasing Program
ChainADVANTAGE provides one of the largest offerings of manufacturer
contracts in the industry.
ChainADVANTAGE is a comprehensive branded pharmaceutical program
that builds customer loyalty while maximizing profit potential.
The program features more than 200 high-quality, fast-moving branded
products and one of the largest offerings of manufacturer contracts
in the industry.
ChainADVANTAGE benefits pharmacies by providing:
- Increasing profitability and gross margin
- Off-invoice and rebate savings on market-share contracts
- Third-party reimbursements
- Competitive pricing
- Unequaled product availability
- More than 200 high-quality, fast-moving branded products
- The largest offering of manufacturer contracts in the industry
Repackaging Program
ProfitPak is the largest repackaging program in the industry, reducing
costs through the repackaging of high-volume pharmaceuticals.
ProfitPak lets pharmacies take advantage of Cardinal Health's
tremendous buying power by repackaging high-volume pharmaceutical
products into convenient, faster-turning sizes. The results are
significantly lower acquisition costs when compared to with manufacturers'
equivalent sizes, and higher profits for the pharmacy.
ProfitPak benefits pharmacies by offering:
- Increasing profitability and gross margin, especially on third-party
prescriptions
- 2-percent average savings on between 5 and 7 percent of the
pharmacy's branded-product purchases—more than $1,000 per
year
- Bulk savings without bulk purchases
- Unsurpassed product availability
- The largest repackaging program in the industry
- More than 180 branded items, including 27 controlled drugs and
6 CII items
- High-volume items monitored for sell-through to patients
- The highest quality products
- The packaging of products in compliance with FDA Good Manufacturing
Practices by Cardinal Health Specialty Pharmaceutical Distribution
- Inclusion of the original manufacturers' package inserts with
the repackaged product
Newly Released Rx Products
First Script is an auto-ship program for newly released brand and
generic pharmaceuticals.
First Script automatic shipment program gives pharmacies immediate
access to newly released brand name and generic pharmaceutical products.
First Script customers receive new releases as soon as the FDA approves
the product and it's available in Cardinal Health pharmaceutical
distribution centers, enabling them to be first in their communities
to offer the product to customers.
First Script benefits pharmacies by providing:
- Increasing profitability and gross margin
- More than $1,000 average annual program savings
- Off-invoice savings
- Free goods on select non-exclusive generics*
- The extension of 90-day dating
- Automatic distribution
- New item notification forms faxed to pharmacies prior to product
being received- faxes sent to First Script members in the wee
hours of the morning
to avoid disruptions during busy pharmacy working hours
- Products that are available when patients need them
- No lost sales because items are not stocked
Quick-Ship Program
RAPIDistribution is a quick-ship program for newly released, highly-demanded
brand and generic pharmaceuticals.
The RAPIDistribution quick-ship program allows pharmacists to have
immediate access to newly released brand-name and generic pharmaceutical
products.
RAPIDistribution distinguishes itself from other programs by providing
pharmacists with new releases within 48 hours of FDA approval.
RAPIDistribution benefits pharmacists by:
- Increasing profitability and gross margin
- Providing more than $500 average annual program savings
- Allowing off-invoice savings
- Offering free goods on select non-exclusive generics*
- Extending 90-day dating
- Providing automatic distribution
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