VALLEY FORGE, Pa. AmerisourceBergen announced a new program for long-term care pharmacies and an expanded program for retail pharmacies under its PRxO Generics Solution. The new solutions are tailored to better meet customer needs as generic prescription demands continue to increase.
PRxO Generics solution for long-term care pharmacies will increase customers' profits by leveraging a formulary of generic pharmaceuticals specific to their needs. For retail customers, the newer features (which also will be offered under the long-term care program) include: access to a select number of customer preferred generics on the PRxO Select formulary, which is based on the recommendations of participating PRxO Generics members nationwide; the substitution of a secondary item at the same value if a primary generic is out of stock; and 60-day price protection on new generic product introductions. At the same time, pharmacies will be able to access the new First to Shelf solution, which provides new product placement and price protection, as well as auto-ship incentives. Pharmacies will be able to improve their profitability during a generics introductory period.
"With the economic challenges pharmacies are facing, they require a partner who provides an ... economic and innovative generics offering that will enable the pharmacy to improve its business," said Russ Procopio, VP generic sales, AmerisourceBergen. "Our customers look to AmerisourceBergen to deliver a total value-added offering that maximizes the potential profit of generics."