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When physicians, payors and networks adopt any of the solutions provided by POC Network Technologies, drug manufacturers and distributors win.
Marketplace connectivity. Most distributors want care providers to use proprietary software applications to place orders and track usage. However, market research reveals that physicians rarely use such applications. This is mainly because it is simply too much trouble for physicians to use a separate application for each individual distributor. The eDispense portal's unified inventory management application solves this problem by allowing the physician marketplace to have universal access to a variety of manufacturers and distributors with a single username and password. This presents unsurpassed connectivity to care providers and new distribution options.
New markets. Because eDispense allows physicians to manage medications and vaccines at the point of care, manufacturers and distributors gain another channel through which to market and distribute their products directly to care providers.
New offerings. In today's market, distributors and manufacturers are learning that physicians do not want to carry high-cost medications that have low reimbursements and long payment turnaround times. POC Network Technology can help manufacturers and distributors create new offerings for physicians' offices that address this concern.
Increased sales. When doctors dispense at the point of care, manufacturers and distributors stand to fill significantly more prescriptions than they would under traditional pharmacy-based distribution models. Thirty-five percent of retail scripts are never filled. However, physicians who use eDispense at their point of care can reduce non-compliance by seventy percent. Simply by increasing prescription compliance, physicians using eDispense can increase drug sales for manufacturers and distributors by more than ten percent.
PNT Provider Networks. Manufacturers and distributors can take advantage of a PNT Provider Network to help improve customers' cash flow and increase their orders.
Increased buying clout. Distributors can leverage the eDispense portal to create new “buy and bill” options, increase ordering and take advantage of PNT's physician network contract rates.
Sample Management. The eDispense Sample Manager application helps provide the appropriate regulatory oversight for managing manufacturer samples in accordance with Prescription Drug Marketing Act requirements. Non-compliance with PDMA requirements could severely restrict the distribution of manufacturer samples from physicians' offices.
In theory, physicians are supposed to track the distribution of manufacturer samples. However, until now there has been no accurate and hassle-free way for them to do so. With eDispense, manufacturers who provide care providers with samples can track how samples are being prescribed and how the samples can be more effectively managed. Specifically, eDispense assists manufacturers and physicians as they seek to comply with the Prescription Drug Marketing Act 187 21 CFR, parts 203 and 205, as well as with PDMA requirements for drug sample distribution, storage and handling.
Explore more of what PNT can do for manufacturers and distributors by clicking here or calling (714) 727-1900.
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