Pharmacy Services

Strong and growing outpatient pharmacy margins can be an important offset to shrinking margins from other hospital services, particularly for 340B eligible institutions.  Well-developed outpatient pharmacy strategies can complement care management and payer initiatives, and add up to 50% in incremental margin.

Progressive Healthcare helps clients grow revenue, drive margin, and improve outcomes. A recently completed engagement identified opportunities to increase a client’s margin by 100% (doubling from $5 million to $10 million) earned under the 340 B program. This comprehensive assessment addressed: 

• Priority HOPD physician clinic locations

• Physician service agreements

• Opportunities to increase owned and operating retail pharmacies

• New IT system for retail pharmacies

• Specialty pharmacy selection and contracting

• Priority specialty clinic programs

Progressive Healthcare’s outpatient pharmacy advisory services include:

• 340B Optimization:

  • Physician clinic development

  • Infrastructure assessment

  • Retail pharmacy (owned vs. contract)

  • Program compliance

• Specialty Pharmacy Development:

  • Pharmacy selection and contracting

  • Clinical program development

• Care Management Integration to increase targeted patient participation in active care management; increasing dispensing volumes while improving outcomes