Newsletter – August 2011

Aug 1st, 2011No Comments

 

 

New Features…

 

“Add to Order” button… This new Feature allows you to easily purchase additional items from he same Seller. When viewing  Seller’s other items click the “Add to Order” Button.

 

 

Download your transaction history… Click the “DOWNLOAD ALL” link on the buying activity or selling

activity page and download your transaction history to an

Excel Spreadsheet.

 

 

Let’s start a dialogue! Like us on Facebook and start connecting with colleagues, join discussions, enter contests and have a little fun! Check back daily for the latest news posted on our Discussions page.

 

Member of the Month...Medicap Pharmacies

Medicap has two stores located in Rapid City, SD. Both stores have been independently owned and operated by Jo P. for over

15 years and currently have a team of 19. Recently Medicap began compounding and has a fully equipped lab with full-time employees.

Medicap is not just a place to get your medications. They take pride in building relationships with their patients and believe that your health is first priority.  Visit them at www.drjopharmacy.com.

 

“Both stores are MatchRX members. It’s a great source for buying partials for that patient that ‘must have’ the brand name and the only source that allows us to sell our overstocked prescriptions.  With MatchRX we are able to better manage our inventory and save money.”

-Jo P, Medicap South and West,

Rapid City, SD

From the CEO…

From time to time members contact us asking about how to utilize MatchRX more often versus their reverse distributor to increase cash-flow. It’s important to note that MatchRX does not displace the reverse distribution but can help increase and accelerate your pharmacy profits by providing greater control of the selling/return process. We like to think the marketplace is an additional safety net that allows you to manage inventory and catch lost dollars. When posting an item on MatchRX, you control pricing on items and determine how aggressive you’d like to be based on expiration date, similarly competing items, and other factors. When using a reverse distributor, the uncertainty of the “pack & pray” method along with the long wait times for products to expire leaves too much to chance. As illustrated below, using MatchRX clearly provides an advantage in turning your dead inventory into cash quickly.

 

 

 

 

 

 

 

 

We look forward to helping you and your business thrive.

Regards,

John Kello
Newsletter
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