Patent ID: 8069059
Filing Date: 2011-11-29
Classification: G06Q,G16H

Abstract:
1. A method for improving pharmacy medication selection ratios in a prescription fulfillment plan, the method being embodied on a tangible computer readable storage media, wherein the method comprises: a defining a group of related medications dispensed by a pharmacy under said plan, determining the sales price and group sales percentage of each medication within said group, determining therefrom a group-weighted sales price for each said medication, and performing a calculation of a representative price by summing said group-weighted sales prices for all medications within said group; b excluding from said group and representative price calculation those related medications which have price structures dissimilar to those medications within said group; c establishing a minimum amount at or above which said representative price will be maintained; d for each prescription fulfillment of a medication within said group, paying to said pharmacy an amount equal to said representative price; e periodically repeating step a; and f periodically assessing and when appropriate adjusting said minimum amount of step c; whereby each said pharmacy receives an incentive to preferentially fulfill said prescriptions with lower costs medications with said group when consistent with medical efficacy and prescriber instruction.