This month, we sat down with Keith J Haddix Jr., RPH, to hear more about his decision to partner with Sav-Mor.
Keith realized that he needed to keep up with the changing pharmacy landscape and he couldn’t do it on his own. He took advantage of a discount Sav-Mor was offering and saved 20,000 when he decided to partner.
A changing pharmacy landscape leads to a PSAO partnership
With lower reimbursement rates and DIR fees, it’s more important than ever for independent pharmacists to find solutions and form partnerships that will help them overcome the challenges they face. For Haddix, who owns Gibraltar Sav-Mor Pharmacy and Riverside Sav-Mor Pharmacy, that meant a strong partnership with a pharmacy services administration organization (PSAO). He has partnered with Sav-Mor for over 25 years.
“One of the most important and time-saving elements of the Sav-Mor PSAO group affiliation is the third-party reconciliation and aging reports,” Haddix said. “This service saves the store owner many hours of time per week that can be spent on providing care and counseling and interacting with patients and customers.”
Sav-Mor Pharmacy Services
Sav-Mor has over 100 affiliate locations, has been operating for more than 50 years and is an 100% member-owned group purchasing organizaiton.
“We know one size does not fit all,” said Yvonne Gallagher, President of Drug Stores. “We take pride in offering owners the ability to customize the services that they receive to be specific to their needs. By doing this, we allow them to select what they need and create their own package that best suits them. This makes us unique.”
“The process of becoming a member has never been easier,” said Sav-Mor Director of Store Operations Brandon Peiffer. “We know choosing a PSAO or buying group can have a profound impact on a pharmacy, both financially and functionally. This is why we focus on what our independent owners need to be successful.”
As partners, pharmacists have full access to all Sav-Mor resources and tools, which include PBM contracting, customer software platforms, training programs, claims reconciliation systems, policies and procedures, and assistance with desk and onsite audits.
Pharmacists who partner with Sav-Mor can also benefit from group pricing and the company’s relationships with suppliers, as well as Sav-Mor’s proprietary software, iQ Smart Technologies. This software helps pharmacies analyze pharmacy data, including patient retention statistics, and allows for other custom reporting.
“I am proud to be a Sav-Mor core pharmacy owner, and I truly believe that my success in business for 37 years can be attributed, at least in part, to my involvement with Sav-Mor.” says Haddix.
If you are one of the first 50 new pharmacies to join Sav-Mor, you can enjoy the following:
- Free Rx30 Pharmacy Software Management System, hardware, data conversion, training, and lower maintenance and switch fees — a $15,000 value! (Offer expires on May 15, 2018.)
- You may be eligible to receive a $5,000 rebate after 30 days.
To take advantage of Sav-Mor’s limited-time offer and learn more about how the company’s services can help you keep up with the constant changes in the pharmacy industry, submit your contact information here.