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NCPA Digest Finds Independent Community Pharmacies Reducing Health Costs Through Generic Drug Use, Patient Counseling
Date:10/10/2011

ts further, such as through coordinated care models, so long as the unsustainable rate of reimbursement cuts ceases."  

Now in its 79th year, the NCPA Digest provides these noteworthy 2010 findings:

  • Fueled by declining reimbursement rates and rising business costs, the number of total independent community pharmacies decreased slightly from 23,117 to 23,064.
  • The average independent community pharmacy's pretax net profit margin fell from 3.2 percent to 3.0 percent,
  • Approximately 92 percent of revenue is derived from the sale of prescription drugs.
  • Continuing to fill the void in underserved areas, the number of independent community pharmacies in areas of 20,000 people or less, remained constant at 52 percent.
  • There was a small decline in the average amount of prescription drugs dispensed from 64,635 to 64,169, although the number of refills increased slightly.
  • Independent community pharmacies set a new high in generic drug utilization, increasing their "generic dispensing rate" from 69 percent to 72 percent.
  • The number of prescription drugs dispensed under the Medicare Part D program remains at 30 percent. In a sign of the tough economy, the number of Medicaid prescription drugs dispensed rose from 14 percent to 16 percent.
  • Home delivery (76 percent of pharmacies offer it free of charge) and compounding (66 percent) remained among the most common niche services offered by independent community pharmacies.
  • Disease state management services (immunization, blood pressure monitoring, diabetes training, etc.) or medication therapy management (MTM) service were offered by 78 percent of pharmacies.
  • In terms of cutting-edge advancements, 90 percent of independents are connected for e-prescribing and 72 percent use point-of-sale technology.

"Cardinal Health is proud to sponsor the NCPA Digest, which prov
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SOURCE National Community Pharmacists Association
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