Dispensing medications to workers’ compensation patients at the point of care provides convenience and confidentiality to patients, improves medication compliance, and can be very profitable for providers. When workers are injured on the job, it costs their company money every moment they are away from work. You can offer exemplary service to employers who have employees hurt on the job, getting them back to work sooner, and increasing your profit margins at the same time.
Workers’ compensation regulations and reimbursements are determined by governing bodies at the state level. In states where worker’s compensation medication dispensing is permitted, the reimbursement amount is typically calculated as the average wholesale price of the medication plus a dispensing fee. The total reimbursement often exceeds $100 per dispense, sometimes significantly higher, generating substantially more profit for the practice than other forms of payment for dispensed medications (cash and carry or private insurance reimbursement, for example).
Some of the most commonly dispensed workers’ compensation medications include:
PharmaLink’s full medication formulary includes over 2,000 branded and generic medications, so even if you don’t see the medication you’re looking for on this list, there’s a good chance we carry it!
Contact us today with any questions or if you’re ready to begin dispensing medications at your workers compensation practice!