There are several ways to determine a fair price to charge
for a prescription.
|
Type of Pharmacy
Charge
|
Pharmacy Charge
|
|
percent markup
|
((percent) / 100) * (costs)
|
|
percent markup plus minimum professional fee
|
((percent) / 100) * (costs) + (minimum fee)
|
|
flat professional fee
|
(fee per prescription)
|
|
professional fee based on time spent
|
(time spent in hours) * (hourly rate)
|
• The markup
fee is intended to cover operational costs for running the pharmacy
(electricity, heating, staff, taxes, etc.).
• Managed care
organizations tend to squeeze the margins in small operations where there are
fewer people to distribute the costs over.