Practice Implementation Center / Hormonal Contraceptives / Business Planning / Assessing local patient mix

Assessing Local Patient Mix

Overview

This resource provides a comprehensive guide to help pharmacists calculate the potential market for pharmacists’ services utilizing several data sources, such as total population, incidence of a particular disease within that population, and percentage of market capture. This information will help pharmacists better understand the local market for pharmacists’ services and will also be used in combination with other resources to assist with business planning.

Business Planning

The Practice Implementation Center Business Planning resources consist of step-by-step guides and tools to intentionally plan and design your services with sustainability and profitability in mind. These resources will give you a clear picture of what to expect in terms of revenue and expenses and help to ensure you can launch a service with a positive return on investment.

Resources Library

Assessing local patient mix

Guides you through how to determine your realistic patient population for new pharmacists' services.

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Assessing reimbursement rates

Outlines how to determine a realistic revenue estimate or forecast based on your unique payor mix.

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Assessing personnel time and related costs to deliver service

Outlines a process to account for costs related to staff providing new pharmacists' services.

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Assessing consumables and related costs to deliver service

Identifies various categories of consumable items needed to deliver and support a new pharmacists' service and provides guidance on how to calculate per-unit costs to better inform ordering and supply decisions.

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General overhead costs

Outlines concepts related to general overhead and the costs of doing business as well as providing methods and direction to account for incremental increases in general overhead when launching new pharmacists' services.

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Managing cashflow, revenue cycles, and receivables

Managing cashflow costs

Describes considerations for cashflow planning when launching a new service and how to optimize cashflow when performing medical billing activities.

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Inventory management

Outlines the process for managing pharmacy inventory effectively.

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Assessing facility requirements and related costs to deliver service

Guides you through how to determine one-time investment costs related to the launch of a new pharmacists' service.

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Legal Notice

Terms and conditions for use of the APhA Practice Implementation Center.

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Key Points in Contract Negotiation

Provides a comprehensive guide to support pharmacists when negotiating contracts with health care payors related to reimbursement for clinical services under the medical benefit.

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