PHARMACYPRICINGANALYSIS
Hospitalsaremovingtowardsstandardizingpharmacypricingacrossalldepartmentsandservices,thusimproving
compliance issues associated with inconsistent charging practices. Although there is no right or wrong way to
structureamarkupformulaforpharmacy,PARArecommendsthefollowing:
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Self-AdministeredDrugs(SAD)shouldhavelowermarkupstocomplywithMedicarebillingstandards
Pricingshouldbedevelopedusinganationallyrecognizedcostbasisoractualacquisitioncost
Fixed Add-On and Minimum Charges should be utilized to compensate for any use of additional
departmentalresourcesforhandlingorcompoundingthemedication
ThepurposeofthePARAPharmacyPricingProcessistocreatearational,cost-basedpharmacymarkupusingthe
costbasisandchargecategoriesasdeterminedbytheclienttomeettheguidelineslistedabove.
ThePARAPharmacyPricingProcessdeliverablesincludeaproposedmarkup,grossandnetrevenueprojections,
anitem-specificdetailedspreadsheetproposedchanges,andafullwrite-upoftechniquesandfindings.
ContactyourPARAAccountRepresentativetolearnmoreaboutPARA’sPharmacyPricingprogram!
[email protected](800)999-3332x239
[email protected](800)999-3332x211
[email protected](800)999-3332x225
[email protected](800)999-3332x219
PeterA.Ripper&Assoc.,Inc
4801EastCopadeOroDrive,Anaheim,CA92807(800)999.3332www.para-hcfs.com