Jove
Visualize
Contact Us
JoVE
x logofacebook logolinkedin logoyoutube logo
ABOUT JoVE
OverviewLeadershipBlogJoVE Help Center
AUTHORS
Publishing ProcessEditorial BoardScope & PoliciesPeer ReviewFAQSubmit
LIBRARIANS
TestimonialsSubscriptionsAccessResourcesLibrary Advisory BoardFAQ
RESEARCH
JoVE JournalMethods CollectionsJoVE Encyclopedia of ExperimentsArchive
EDUCATION
JoVE CoreJoVE BusinessJoVE Science EducationJoVE Lab ManualFaculty Resource CenterFaculty Site
Terms & Conditions of Use
Privacy Policy
Policies

Related Experiment Videos

Pharmacy financial management.

B A Berger, R E Pearson

    Journal of Pharmaceutical Marketing & Management
    |December 6, 1986
    PubMed
    Summary
    This summary is machine-generated.

    Community pharmacies in Alabama have an average breakeven prescription cost of $3.04. Front-end merchandise sales negatively impact overall pharmacy profitability, highlighting the importance of prescription department economics.

    Related Concept Videos

    You might also read

    Related Articles

    Articles linked to this work by shared authors, journal, and citation graph.

    Sort by
    Same author

    Disappearance of infused phytate from the large intestine of dairy heifers.

    Journal of dairy science·2012
    Same author

    Effect of exogenous somatotropin in Holstein calves on mammary gland composition and proliferation.

    Journal of dairy science·2011
    Same author

    Interaction of energy balance, feed efficiency, early lactation health events, and fertility in first-lactation Holstein, Jersey, and reciprocal F1 crossbred cows.

    Journal of dairy science·2010
    Same author

    Expression pattern of apoptotic genes in vitrified-thawed bovine oocytes.

    Reproduction in domestic animals = Zuchthygiene·2009
    Same author

    Effect of droplet vitrification on development competence, actin cytoskeletal integrity and gene expression in in vitro cultured mouse embryos.

    Theriogenology·2009
    Same author

    In vitro development of bovine embryos cultured with stem cell factor or insulin-like growth factor-I following IVF with semen of two bulls having different field fertility.

    Animal reproduction science·2009
    Same journal

    A comparison of hospital chief executive officers, and hospital pharmacy directors' attitudes toward drug product appeals.

    Journal of pharmaceutical marketing & management·1989
    Same journal

    A review of cost-benefit and cost-effectiveness analyses of clinical pharmacy services.

    Journal of pharmaceutical marketing & management·1989
    Same journal

    Medicaid formularies: a critical review of the literature.

    Journal of pharmaceutical marketing & management·1989
    Same journal

    The relationship between pharmacy practice setting and job design.

    Journal of pharmaceutical marketing & management·1989
    Same journal

    Substance abuse potential and job stress: a study of pharmacists, physicians, and nurses.

    Journal of pharmaceutical marketing & management·1988
    Same journal

    Marketing strategy adjustments in the ambulatory care center industry: implications for community pharmacy.

    Journal of pharmaceutical marketing & management·1988
    See all related articles

    Area of Science:

    • Health Economics
    • Pharmacy Management

    Background:

    • Community pharmacies are vital healthcare access points.
    • Understanding pharmacy operational costs and profitability is crucial for sustainability.

    Purpose of the Study:

    • To determine an equitable prescription dispensing fee for Blue Cross & Blue Shield of Alabama.
    • To analyze the profitability of community pharmacies in Alabama.

    Main Methods:

    • A 25% random sample of diverse community pharmacies across Alabama was surveyed.
    • Analysis focused on prescription department revenue and front-end merchandise sales.

    Main Results:

    • The average breakeven cost to fill a prescription was calculated at $3.04.
    • Non-prescription (front-end) merchandise sales detracted from overall pharmacy profitability.

    Related Experiment Videos

    Conclusions:

    • Pharmacy profitability is primarily driven by the prescription department.
    • Dispensing fees should account for the breakeven cost and profitability derived from prescriptions.