Distribution System And Specialty Pharmacy - Week 7 & 8 (Questions And Answers)
What did the switch to using wholesalers do for pharmacies? ✔ Ans - 1. Reduced number of invoices 2. Payment relationship with primary company increases volume and creates opportunity for financial incentives 3. Reduce inventory and improve cash flow
What was the downfall of pharmacies ordering prescription drugs directly from manufacturers? ✔ Ans - It required many orders and payment transactions
Group Purchasing Organizations ✔ Ans - formed to bring together a number of health organizations in the community or hospital setting to provide volume for leveraging purchases
What is required of a pharmacy if they are not a part of a GPO? ✔ Ans - The pharmacy must negotiate with each manufacturer or wholesaler for contract pricing.
The concept of "prime vendors" best applies to.... ✔ Ans - drug wholesalers
"Open channel" drug distribution ✔ Ans - manufacturers utilize multiple distributors (or wholesalers) to drive distribution to hospitals, physicians, and
retail pharmacies
What type of distribution network do most drugs on the market belong to? ✔ Ans - Open channel drug distribution
What type of distribution network do most patients obtain their drugs through? ✔ Ans - Open channel drug distribution
Pros of open channel drug distribution ✔ Ans - it maximizes access to drugs for patients with relatively common conditions/diseases
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller LeCrae. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R166,73. You're not tied to anything after your purchase.