What is McKesson Business Services?
McKesson Business Services offers a broad portfolio of industry-specific services that add value to your pharmacy and help grow your business. Our solutions are designed to help you combat the unique challenges of the pharmacy industry including: shrinking margins, constantly changing patient care models, shifting compliance requirements, market fluctuations in Rx pricing, and protecting patient data. Our goal is to help you improve your business wherever you see fit and help you reach your financial goals.
Business Services Portfolio
Merchant Processing
As you know, more and more patients today are paying electronically, which makes it a necessity to have a reliable payment processing system; through partnership with Bank of America Merchant Services/First Data we offer secure and reliable integrated and standalone credit/debit/FSA payment processing technologies. Our merchant processing solution will help you to:
- Enhance profitability: competitive processing rates and transaction fees
- Simplify the payment process: a monthly “Super Statement” is designed to ease the reconciliation process
- Improve cash flow: receive payment faster with next business day cash collection
Security and Compliance Solutions
One in six pharmacies will suffer a credit card or PHI data breach, and, on average, each of these breaches results in an $80,000 cost to the business. To ensure your business is protected from a costly data breach, we offer three main security and compliance solutions: SecurePCI, SecureHIPAA, and Secure Cloud Gateway.
- SecurePCI provides PCI compliance protection in a single, affordable solution which includes $100,000 of comprehensive financial protection against PCI violations, plus tools and support to make it easier for pharmacy owners to meet these complex requirements.
- SecureHIPAA provides pharmacy owners with a comprehensive program that helps them manage HIPAA compliance and financially protects them from fines and fees associated with HIPAA violations with $100,000 of PHI Data Breach Protection.
- Secure Cloud Gateway includes a managed firewall with unified threat protection, site-to-site VPN, and remote access with two-factor authentication.
Drug Pricing Solution
Too often pharmacists are forced to establish their drug pricing on little more than questionable speculation. RxNet is a comprehensive pricing solution that will help you to maximize your margins by easily identifying the right Rx pricing for your market and automatically setting pricing in your pharmacy management system. With RxNet you will:
- Improve Pricing Consistency: with market specific data for the top 1,700+ drugs your prices will be consistent with the market
- Protect Your Margins: a reimbursement and acquisition guard that proactively adjusts U&C’s will protect your bottom line
- Maximize Your Profit: RxNet’s automated pricing adjustment will set prices based on cost, market pricing, 3rd party pricing, and overrides keep your prices competitive
Printing Services
Too many people waste precious time searching for, and dealing with, multiple vendors to find the best deals on various pharmacy supplies. Through McKesson Printing Services you’ll have a one-stop-shop for all of your label, toner and printed product needs. We offer quality products at an affordable price, and you can expect a high-touch customer experience, which m
eans you can leave the details to us and have more time to focus on your patients’ care. We offer:
- Custom-branded multi-color thermal and laser prescription vial labels
- Pharmacy bags
- AR and LTC Forms
- Toner cartridges
- Prescription pads and POS paper and ribbons
Through strategic partnerships with vendors, we’ve developed the services pharmacies need to navigate through the ever changing healthcare landscape. These services are designed to help you: provide quality care, maintain patient loyalty, capture new and diversified revenue opportunities, and become more clinically focused. We do this by connecting you to our trusted vendor partners that represent leaders in the following service areas:
- Medication Synchronization solutions improve patient adherence for patients taking multiple medications, resulting in better patient outcomes and an average of 3.5 additional fills per medication, per year.
- Interactive Voice Response (IVR) solution helps you reallocate your staff to patient care and greater revenue-generating activities by automating script refill and refill reminder calls.
- Medicare Selection Tool enables you to identify the most economical plan for your MedD patients, and in addition, gives you insight into which plans offer lower DIR fees and higher reimbursements to your pharmacy. This tool isn’t just for open enrollment; use it throughout the year to identify patients who are negatively affecting you pharmacy’s Star Rating and take action immediately!
- Specialty Medication Fill Enablement services make it possible for you to generate revenue by filling high-dollar specialty meds, while outsourcing the administrative tasks necessary to support specialty fill management.
- Specialty Patient Management solutions give you the tools and insight to meet the requirements of care for patients on a specialty medication regimen.
- Prior Authorization Management makes the time-consuming prior authorization submission process easier, saving you time and improving the patient experience.
- Translation Services for Rx labels, medication dosing schedules and drug information leaflets allow you to overcome language and literacy barriers to patient care.
