DiversifyRx - November 2023

417 Ravenaux Dr. Southlake, TX 76092 561-379-7750 DiversifyRx.com

1 The PBM Optimization Checklist You Need 2 How to Navigate the PBM Audit Maze 3 How Secondary Wholesalers Can Transform Your Pharmacy 4 Don’t Miss Out on Your Rightful Vaccine Reimbursement 5 How Super Coffee Grew From $0 to $400 Million 7 How Data Analytics Can Be Your Ultimate Game-Changer INSIDE THIS ISSUE

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the odds and how to do it. Instead, play a different game and shop around with secondary wholesalers.

You’ll improve your cash flow. Letting primary wholesalers hold onto your cash for an undetermined amount of time seriously strains your cash flow. You won’t even realize how much you’re paying your primary wholesaler until you see the transformation in cash flow after moving to a secondary seller. Instead of allowing a wholesaler to hold your money when waiting for rebates, you can pay a lower price altogether through a secondary wholesaler and keep your cash. We highly recommend RxCherryPick as an alternative to ordering a majority of purchases through a primary. Their pricing uses a net pricing model, meaning NO REBATES. Their prices are actually lower, and with their generous payment terms, you get to keep your cash. How much cash? Many pharmacies that switch to RxCherryPick experience an extra $1,000 cash flow per average daily script filled within just a few months. If your pharmacy fills an average of 200 scripts daily, that means an extra $200,000 in your bank account in only a few months. They’ve helped save pharmacies from collapsing just through the cash flow boost.

To get started, email Craig Robinson from RxCherryPick at Craig@cortlanddata.com. Also, check out Real Value Products at RealValueRx.com , which offers an incredible selection of low-cost generics and niche products with generous payment terms. Our final recommendation is TRxade, a marketplace where wholesalers and manufacturers list their products. Learn more about the deals they offer at Rx.TRxade.com!

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