July 12, 2012

App Store Model for Drugs, 70:30 Split

App Store model for drugs, 70:30 split.

ezDispense by AHCS

Physician prescribing works like this: Middlemen like Automated HealthCare help doctors set up office pharmacies by providing them with billing software and connecting them with suppliers who repackage medications for office sale. Doctors sell the drugs but they do not collect payments from insurers. In the case of Automated HealthCare, the company pays the doctor 70 percent of what the doctor charges, then seeks to collect the full amount from insurers.

When physicians sell drugs they get 70 percent of the sales price, the supplier keeps 30% - exactly like the App Store model for apps.

Tags: app store for drugs, app store model for drugs, ezdispense ahcs, 70:30 split for drug dispensing