Driving Down Costs, Boosting Health: The Impact of On-Site Pharmacies on Large Employers

Most pharmacy interactions are transactional. The patient travels to the store and makes their way to the pharmacy counter, and a pharmacist dispenses the prescribed medication and answers the patient’s questions about how to take it. However, a pharmacist can—and should—play a more significant role in healthcare than simply dispensing medications. As a trusted but underutilized resource, a pharmacist can potentially provide much greater value, which an employer can capitalize on by offering on-site pharmacy services.

Today, on-site pharmacies are increasingly recognized as a valuable asset for both large employers and their employees, offering a range of benefits that can positively impact both the company’s bottom line and the workers’ health and wellness.

How Do On-Site Pharmacies Drive Down Healthcare Costs?

Prescription drugs represent a sizable portion of an employer’s healthcare spend. An on-site pharmacy can help a large employer achieve operational efficiencies to help counter it. With On-Site Rx, large employers can utilize their buying power—and exert it at the wholesale level—reducing prescription costs substantially by not having to pay the many markups middlemen takes in the traditional market. With enough utilization at the on-site source, employers, employees, and their dependents on the health plan enjoy cost savings and improved overall healthcare benefits.

An on-site pharmacy can also provide cost-effective preventive care services, such as health screenings and risk assessments, which can help identify and address health issues early, potentially eliminating the need for more costly medical interventions down the line.

How Do On-Site Pharmacies Boost Employee Health and Wellness?

By providing personalized medication counseling and monitoring, an on-site pharmacist can help employees better understand their medications and how to take them correctly. This can lead to improved health outcomes and reduced absenteeism due to illness.

On-Site Rx Can Bring First-Rate Pharmacy Services to Your Business Campus

Traditionally, pharmacy benefit managers (PBMs) have played a large role in the prescription drug distribution chain. On-Site Rx, Inc. has effectively turned the traditional model on its head by cutting out the middlemen. We can bring on-site pharmacy services to your business campus and stock the pharmacy directly from the wholesaler, allowing you to provide prescription drugs to your employees at discounts that far exceed commercial PBM pricing. Once you designate the space, our experienced team will take it from there.

By providing convenient access to medications and wellness services, such as vaccinations and chronic medical condition management, an on-site pharmacy can help your employees manage their health more effectively, leading to a healthier and more productive workforce.

To learn more about the benefits of establishing an on-site pharmacy, contact On-Site Rx today.