Pharmacy Cash Pricing Management Solution

This document is a case study detailing the implementation of the RedSail RxCash+ program at Check & Scott pharmacies in North Florida. The objective of the program is to streamline the management of cash pricing for medications, particularly for patients without insurance or for prescriptions not covered by insurance. CEO Joseph Chamberlain outlines the challenges faced with maintaining cash pricing tables, which were cumbersome and time-consuming. By enrolling in the RxCash+ program, the pharmacies have benefited from an algorithm that manages cash pricing effectively, reducing the need for manual adjustments. The program also provides access to a dedicated pharmacist consultant and copay assistance opportunities for patients. The results indicate a significant increase in gross margins for cash claims, additional monthly revenue, and a reduction in administrative burdens, leading to improved satisfaction among staff and management.