Pharma Logistics introduces ROI Calculator for pharmacies
Pharma Logistics introduced Rapid Credit ROI Calculator for pharmacies to calculate their expected return value from the company’s Rapid Credit Program, states a company news release.
The new calculator, available at pharmalogistics.com, yields expected credit value based on average scripts per day or annual pharmacy spend derived from extensive research into spend per scripts, spend on expired products and the percent of returnable products that pharmacies have.
“Pharmacies may already have a program for returning expired pharmaceuticals, but there may be opportunities to improve credit turnaround, reconciliation time and return on investment,” said Michael Zaccaro, President and CEO of Pharma Logistics. “Gaining greater visibility and predictability into your pharmacy’s returns helps you manage cash flow effectively; our new calculator helps pharmacies understand what to expect, allowing them to make informed, data-driven decisions around on their reverse distribution program and pharmacy spend.”
Pharma Logistics’ Rapid Credit Program enhances the company’s reverse distribution services. It offers expedited processing for expired pharmaceutical returns that benefit the finances and operations of a pharmacy with reimbursement within 14 days.
