NEW YORK--(EON: Enhanced Online News)--iMedicare releases a nutrient depletion tool to help pharmacies increase profit outside of the annual Medicare Open Enrollment period. The newly available tool brings in an additional revenue stream while avoiding any impact from DIR fees and third party billing. The platform provides pharmacies with the capabilities to provide unrivaled nutrition counseling to customers, tailored to each patient's prescriptions and medical history.
“Our engineering team has developed an intuitive way for pharmacies to identify patients at risk for drug-induced nutrient depletion. The decision-platform seamlessly integrates into pharmacies’ workflows to effectively engage patients for better health outcomes while also increasing pharmacy revenue”
Outside of Open Enrollment, the iMedicare platform offers various opportunities for pharmacies to consult with patients, increase reimbursements and manage DIR fees. Automatically generated lists are provided relating to improving pharmacy Star Ratings, identifying newly eligible Medicare patients, time-saving outreach options for Medicare/Medicaid beneficiaries with year-round opportunities and accessibility to a formulary lookup tool which provides patients with alternative coverage options and pricing for drugs or Medicare plans.
Launching the nutrient depletion tool, exclusively available within the iMedicare platform, co-founder and Pharm.D., Matthew Johnson, was able to dissect information relating to drug-induced nutrient depletion, analyze the data and compile it to provide pharmacies with a time-saving tool to combat drug induced nutrient depletion. By identifying patients depleted of specific nutrients based on their drug profiles, iMedicare can target communication towards select patients to improve health outcomes, increase pharmacy profit margins and provide an additional revenue stream year-round.
“Our engineering team has developed an intuitive way for pharmacies to identify patients at risk for drug-induced nutrient depletion. The decision-platform seamlessly integrates into pharmacies’ workflows to effectively engage patients for better health outcomes while also increasing pharmacy revenue,” said Matthew Johnson, Pharm.D., co-founder and COO of iMedicare.
Whit Moose, head pharmacist and owner of Moose Pharmacy in Mount Pleasant, North Carolina, an early adopter of iMedicare’s nutrient depletion platform, will hold a webinar to discuss best practices for pharmacies looking to expand patient offerings in nutrient depletion counseling.
iMedicare is the leading decision-automation platform that intelligently reduces patients’ out-of-pocket costs for the top pharmacies across the country. Over 5,000 pharmacies use iMedicare to deliver an unrivaled service to their patients, improve Star Ratings, and increase their bottom line. For more information, visit www.imedicare.com.