Merchant Cost Consulting

Merchant Cost Consulting is a cost reduction firm that helps businesses lower their credit card processing costs without disrupting their day-to-day operations. This includes keeping the same processing company, software and equipment in place. No changes needed, just lower fees! From there, we police and audit the account on a monthly basis to ensure that no fees are added or increased. Let us reduce these costs and start saving your business money!

StreamCare

StreamCare improves your profitability by removing PBMs from the Workers Comp reimbursement process. StreamCare bypasses the PBMs and bills payers directly to get you the reimbursement the carriers are legally obligated to pay in accordance with your state fee schedule. Our proprietary software and experienced team uniquely position us to take on all the obstacles of the Workers Comp reimbursement process while improving your bottom line.

HealthGrowth Capital, LLC

HealthGrowth Capital is the leading non-SBA lender to community pharmacies and offers an array of financial products designed specifically for pharmacy owners. HealthGrowth recently launched its PharmLine™ Revolving Line of Credit. Transcendent for pharmacy owners, it is designed to work with an SBA or senior, secured lender in amounts from $50,000 to $1 million. No collateral is required, competitive interest rates and funding in as soon as 10-business days! HealthGrowth’s PharmLoan™ is designed to help finance pharmacy acquisitions in amounts up to $25 million. HealthGrowth Advisors works with pharmacy owners focused on maximizing the performance of their businesses. Areas of specialty include: Inventory Management (Is your pharmacy turning inventories at least 20x annually?);
Purchasing Practices (In-depth COGS analysis to determine if your vendor agreement and purchasing practices are optimized);
Human Resources (Are your wages/SG&A in an acceptable range?);
Margin Enhancement (Through the introduction of new business segments (i.e., Specialty, 340B, LTC), methodologies, etc.);
Business valuation analysis and brokerage services for BOTH buyers and sellers of independent pharmacies.
HealthGrowth’s mission is unique in the community pharmacy industry: Help pharmacy owners access the right capital and give them the tools they need to be successful. HealthGrowth’s key executives have over 100-years of combined experience in pharmacy and finance. Its professionals are experts in lending to pharmacy owners and have the knowledge and strategies to help you maximize the performance of your pharmacy. Call Christian Herrington or Karl Kipke today at (512)575-4500 and let HealthGrowth help take your business to the next level!

United Community Bank

Building and expanding your pharmacy should not be stressful, especially when it comes to financing. As a national pharmacy lender, United Community Bank provides Commercial, SBA 7(a), and SBA 504 to fit the unique financing needs of the pharmacy industry. United Community Bank has the experience and expertise in the pharmacy industry to understand your business demands. With a dedicated hands-on group of pharmacy lenders, our products offer you the financing you need to reach your goals faster.

Wegner CPAs

Wegner CPAs is about people – our clients, our employees, our community. Our professionals guide individuals, businesses and non-profits with personal service, education, and knowledge. We listen, research, advise, and implement solutions to guide you on a path to succeed in today’s complex economic environment. From managing financial risk to improving performance and operational effectiveness, we provide you with the information you need to do what you do best. In the more than six decades since Wegner CPAs was founded, we have created a collaborative culture where experienced individuals, working together, find ways to solve the toughest accounting issues you may face as an individual, business or non-profit.

Our pharmacy team has extensive experience in guiding pharmacy owners. We work closely with a variety of owners in 25 different states, and we understand the challenges you face in managing cash flow, accounts receivable, inventory, and personnel. The pharmacy accountants at Wegner CPAs understand the nuances of operating an independent pharmacy, know what AWP means, and stay current on trends and developments as active members in the National Community Pharmacists Association (NCPA) and the Pharmacy Society of Wisconsin (PSW). In our experience, the most important factors in your success are the ability to obtain financing, manage cash flow and deal effectively with wholesalers. These are areas in which our pharmacy CPAs have a strong record of helping clients like you become more profitable. As a result, we are a leader in serving independent pharmacies throughout the country.  To learn more visit www.wegnercpas.com

Live Oak Bank

We work with community pharmacists all day, every day and understand what it takes for your business to succeed. If you’re interested in acquiring an existing pharmacy, purchasing real estate or diversifying your business with additional offerings, we’re the right financing partner to help you reach your goals. Our lending experts are focused on helping pharmacists to obtain financing to achieve their dreams and avoid costly mistakes along the way.

Micro Merchant Systems

Micro Merchant Systems develops pharmacy software solutions, helping independent pharmacies, hospitals, and institutions fill prescriptions swiftly, securely and profitably while meeting the challenges of today’s pharmacy market.

Easy to use, PrimeRx™ pharmacy software quickly becomes an integral tool for the staff’s prescription workflows, includes features that will streamline daily processes. These features enhance pharmacies overall productivity with tools to simplify workflow, patient and provider intake, process claims, label and dispensing, and managing inventory. PrimeRx is a total pharmacy dispensing solution.

PrimeRx™ benefits are prescription efficiency with reducing dispensing errors, integrated patient management to help identify medication synchronization candidates, patient medication adherence reports to improve CMS Five Star ratings, and insurance management to increase revenue and profitability.

Experience complete interface integration for Rx check out with PrimeRx™, PrimePOS™, and PrimeESC™ and all working together.

  • PrimePOS™ (Point of Sale), built for quick and precise customer check-outs. Inventory management with complete EDI integration with wholesalers to control and automate ordering process.
  • PrimeESC™ (Electronic Signature Capture), scan and link patient’s signature to patient records in pharmacy system. Captures HIPAA signature.
  • PrimeDMS™ (Document Management System), utilizes Windows compatible scanners

to record documents into PrimeRx™ for secure and easy access.

  • PrimeDELIVERY™ (Delivery Module), work seamlessly with PrimeRx™ and PrimePOS™, allowing pharmacies to manage scripts generated in PrimeRx™ for delivery and copay collection.
  • PrimeWEB™ (Web Portal) workflow optimization tool connects patients, doctors, health facilities and pharmacies.

With a client-centered approach, our customizable suite of products accommodates the needs of individual pharmacies for maximum impact in productivity.

Micro Merchant Systems _ Look No Further For A Pharmacy Management Software! _ Pharmacy Platinum Pages 2021.mp4 from Ketan Mehta on Vimeo.

Pharmacists Mutual Insurance Company

Founded in 1909 by a pharmacist, Al Falkenhainer, Pharmacists Mutual Insurance Company is a nationally recognized leader providing insurance and risk management solutions within the healthcare industry. We offer a personalized service experience by providing direct access to our dedicated local representatives and home office team. Pharmacists Mutual operates in all 50 states, the District of Columbia, and Puerto Rico. Financially secure, Pharmacists Mutual is an A.M. Best “A” Excellent* rated property and casualty insurance provider. Our knowledge is backed by research from a 20+ year claims study, which has provided us with valuable information for understanding your insurance needs. We specialize in professional liability, including compounding, business owners coverage including cyber liability and employment practices liability, workers’ compensation coverage, umbrella coverage, and much more. We take pride in being your single source for insurance protection. Our broad portfolio of products and services provides for our members’ professional, personal, and business insurance needs. Tomorrow. Imagine That.

*  A.M. Best’s credit ratings are independent and objective opinion

 

For sales, please contact:

Laurie Harms

laurie.harms@phmic.com

515.295.2461

 

Brian Miller

brian.miller@phmic.com

352.672.1395

Electronic Billing Services, Inc.

Your solution for Medicare, Medicaid, and private insurance billing! Established in September 1994, Electronic Billing Services, Inc is a leading national DME (Durable Medical Equipment) & POS (Prosthetic, Orthotic, and Supplies) Billing & Consulting company.