dispensing cost

dispensing cost

The remuneration paid to contractors for dispensing prescriptions written by NHS practitioners, which includes payments to dispensing contractors (community pharmacists) and appliance suppliers, dispensing doctors and non-dispensing doctors in respect of personally administered items.
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The total cost was calculated as the sum of the average dispensing cost (from PharmaCare and ODB in 2012) and the calculated product cost.
The OIG report goes on to say, "The dispensing cost information clarifies that our analysis did not account for all of the costs associated with dispensing prescription drugs.
Patients and physicians would benefit from the use of an alternative whose cost would be near dispensing cost alone.
The authors noted higher dispensing costs in professional, independent, and clinic pharmacies than in other settings, a positive correlation between dispensing costs and prescription prices, and a negative correlation between dispensing cost and prescription volume.
Additionally, we have been able to drive down the dispensing cost per prescription using this system.
The report also noted that a higher dispensing cost was associated with pharmacies that provided intravenous, home infusion and custom compounded pharmaceuticals and concluded that the gross profit margin for a prescription is approximately $10.
OIG makes this important point in the report, noting that the dispensing cost information clarifies that our analysis did not account for all of the costs associated with dispensing prescription drugs.
62 (using AWP) with an averaging dispensing cost of $9.
States may adopt tiered professional dispensing fees based on the effort involved in the dispense, and have the flexibility to create multiple classes of dispensing costs as justified in their state plans.
NHS figures say the average net cost of a single prescription of Champix - not including discounts, fees or dispensing costs - was PS34 in 2013/14.
Now, more than ever, pharmacies are trying to lower their dispensing costs and streamline their workflow in order to increase profits and handle a growing prescription volume.