Brett uses a medication adherence program with Parata PASS strip packaging to help patients manage even complex medication regimens with ease and confidence.
When a patient enrolls, Brett’s team conducts a comprehensive medication review and prepares a 28-day supply of medication.
In less than a year, Brett has enrolled nearly 200 patients in the adherence program. Sixty percent are new to Cooper Drug Store because of the program.
“We add about five new patients each week,” Brett says. “We plan to increase that to 10 each week as word spreads and we become more efficient.”
Local home health agencies are the largest source of patient referrals. These agencies are not reimbursed for medication administration, but they are penalized if they’re unable to keep patients healthy at home. Brett’s program is the perfect tool to help prevent medication-related incidents or readmissions.
Brett has also been contacted by behavioral health facilities, chronic care physicians, family practitioners, caregivers and a local heart hospital — all asking if he can help support patient adherence.
According to 2010 data from the National Community Pharmacists Association, the average profit per prescription is $13.80. At this rate, 110 new patients taking an average of 12 medications results in a profit of nearly $220,000 each year.
“Right now, most independent pharmacists are concerned about their businesses’ future,” Brett says. “I’ve never been more optimistic about my pharmacy.”