Frequently Asked Questions

Below are questions we frequently receive about physician dispensing (aka medication dispensing), a Workers’ Compensation and Personal Injury physicians’ Rx program.  It is designed to increase patient satisfaction while providing MMI (maximum medical improvement).  If your question does not appear below or is not satisfactorily answered, please contact us.

• What is medication dispensing and how can it help my practice?

   

• How do my patients benefit from a physician-dispensing pharmaceutical program?

   

• What types of in-office medication dispensing programs do you offer?

   

• What financial benefits will physician dispensing provide?

   

• Who handles the billing and collection for medication dispensing (point-of-care dispensing)?

   

• What hardware and software is required for in-office medication dispensing?

   

• How long will it take to get my medication dispensing program off the ground?

   

• Are there any upfront costs my medical practice will have to incur?

   

• What is a re-packager and what role does it play in the medication dispensing process?

   

• What support does Rx Development offer?

   

• How long has Rx Development provided physician medication dispensing programs?

   

• What is the best way to get started?

   

• What is medication dispensing and how can it help my practice?

   

  Medication dispensing is a method of delivering pharmaceuticals to Workers’ Compensation patients at the point of care.   This win-win setup benefits patients through the convenience of receiving their medications on site, while increasing physician revenue.   

   

  Point of care physician dispensing is an efficient way to expedite the goal of getting the injured employee to MMI (maximum medical improvement) and back to work as soon as possible.  Learn how medication dispensing can benefit your practice.

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• How do my patients benefit from a physician-dispensing pharmaceutical program?

   

  For patients, in-office dispensing means convenience.  Patients will eliminate a trip to the pharmacy while receiving a one-stop treatment for Worker’s Compensation and auto accident claims.

   

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• What types of in-office medication dispensing programs do you offer?

   

  Rx Development offers a multitude of in-office medication programs, designed for physicians and practices that specialize in treating Workers’ Compensation and auto accident cases.  While specialties vary, most encompass but are not limited to:

  • Orthopaedic
  • Anesthesiology-based Pain Management
  • Physical Medicine & Rehabilitation
  • Neurosurgery & Neurology
  • Occupational Medicine

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• What financial benefits will physician dispensing provide?

   

  Physician dispensing will provide supplementary revenue to the practice on a monthly basis without interrupting or burdening the staff members.

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• Who handles the billing and collection for medication dispensing (point-of-care dispensing)?

   

  With years of experience managing point-of-care dispensing programs, including an unprecedented collection ratio of close to 97%, Rx Development is fully qualified to handle all aspects of your billing needs. Plus: 

  • All work is done in-house—never outsourced to a third party.
  • All billing reports are fully qualified so the client will always know the cost of the medication, what was billed to the carrier, adjustments, and the reimbursement payment

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• What hardware and software is required for in-office medication dispensing?

   

  Rx Development will provide all necessary hardware and software such as:

  • HIPPA-compliant *Web-based software
  • Printer, toner, and labels
  • Bar code scanner
  • Storage cabinets
  • Pre-packaged Medication (To dispense medications, your office will need a computer with a browser and Internet connection.)

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  *Web-based medication dispensing software is user-friendly and tracks patient transactions, accepts barcode and ID scanning, places medication orders, maintains and updates inventory, and prints bottle labels. 

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• How long will it take to get my medication dispensing program off the ground?

   

  After Rx Development receives the required forms, an on-site setup and short training session is scheduled at your convenience.  Physicians can begin in-office medication dispensing the same day.

   

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• Are there any upfront costs my medical practice will have to incur?

   

  No.  All equipment and supplies needed to properly dispense medication are furnished by and remain the property of Rx Development.  This includes a printer, toner, labels, bar code scanner, software and storage cabinets.  Charges for the ongoing use of these items are included in our management fee.

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• What is a re-packager and what role does it play in the medication dispensing process?

   

  A drug re-packager company will repackage medication from larger quantities into smaller, ready-to-dispense allotments.  Depending on the billing practice utilized by the drug re-packager, invoice amounts for the same pharmaceutical can greatly vary.  Re-packagers have been known to adjust their invoices by one or more ways including:

  • Heavily inflating AWPs (Average Wholesale Prices)
  • Billing higher than the state allowable fee schedule

  You can rest assured knowing that Rx Development does not conduct business with drug re-packagers who inflate their invoices.  Monthly billing is fair, accurate, and state compliant.

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• What support does Rx Development offer?

   

  Rx Development offers a wealth of support for its medication dispensing program, including:

  • Obtaining and providing pharmaceutical products properly labeled and packaged by the manufacturer or distributor as required by the DEA and FDA
  • Maintaining and storing an inventory determined by the physician/practice as stated in contract with no initial out-of-pocket expense to the practice
  • Education and training of staff for the in-office medication dispensing program
  • General administration of the in-office medication dispensing program
  • Keeping staff informed on all industry changes, as well as local, state, and federal regulations

  At any time, Rx Development is prepared to implement a side-by-side comparison with the competition.

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• How long has Rx Development provided physician medication dispensing programs?

   

  Rx Development, a privately held pharmaceutical management company, is focused on meeting the pharmaceutical needs of healthcare providers, patients, and insurance carriers that treat Workman’s Compensation and auto accident (PIP) patients.  Rx Development was founded in 2004; our executives have in excess of twenty-one (21) years combined experience in the development, implementation, and management of in-office medication dispensing programs.  

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• What is the best way to get started?

   

  It’s easy to integrate a physician dispensing program into your practice.  Simply follow the steps below to enjoy greater benefits for you and your patients. 

  1. Schedule an appointment with an Rx Development Senior Account Representative.
  2. Once both parties agree to move forward, the following paperwork will be needed:

  • Signed Management Agreement
  • Copies of physician ME and DEA licenses
  • Copy of Dispensing Qualification, if required
  • Signed Dispensing Registration form, if needed
  • Copy of physician’s NPI Numbers
  • Copy of practice NPI number
  • Signed W-9 form
  • Initial formulary/Order

   3. Schedule dates for installation, implementation, and training.

   

  The Rx Development medication dispensing program is designed to never slow down the physician!

   

  To learn more about medication dispensing, Workers’ Compensation and Personal Injury physicians Rx, re-packaging, or Rx Development, please contact us.

   

   

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