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Can someone share how this program works? What drugs are included? How much incentive do you get if you increase your generic subs rate?
It simply prints out an additional list to make phone calls. .
I remember CVS trying something like this a few years ago, sending faxes to the doctors to ask them to switch to a generic drug. A few weeks later we received information that the program was being placed on hold and further evaluated due to input from local doctors.
NO. It prints a list of Rx's to flag..you flag them..customer comes to pick them up..the PHARMACIST goes to talk to the customer (at drive thru if necessary) and explains that there is an similar drug available for cheaper, discusses benefits of switching, cost savings, etc...patient says yes or no. Then you fax dr for new Rx if patient says yes and update it in the CSI software. On the next fill, the patient gets the cheaper med..or on that particular fill if so desired (resulting in refund, RTS, and a new fill..more work, yay!)
The program had bugs the FIRST DAY and was suggesting drugs that were NOT similar. CVS wouldn't even accept any more complaints because they had already had so many..CSI, a screwed up notion from day one..LITERALLY!
NYC stores still send those faxes. I've never really known what to do with the copy the MD faxes back.....even if the doc is ok with generic, the patient flips out. They usually just go in the trash.
There are tons of example Aciphex to omeprazole or generic protonix. Hyzaar to generic Cozaar. I have seen Vytorin on the list as well as Glumetza- even though Glumetza therapeutically isn't the same as switching them to metformin but I have seen that on CSI- the list is endless.Can someone please provide some examples of drugs within the same therapeutic class that are in the CSI program? I know someone mentioned simvastatin and Lipitor, but lipitor now has a generic...any more examples?
Can someone share how this program works? What drugs are included? How much incentive do you get if you increase your generic subs rate?
The incentives in the long run can be seen in your bonus- but you do know that generics are good for CVS, the customer and the insurance company as a whole there's no debating that issue. I don't know how much you know about P and L are gross margin, but if you are at a CVS store and you were tons of brand medications with available generics your Gross Margin would be horrible- you make very little off Brand name drugs.Can someone share how this program works? What drugs are included? How much incentive do you get if you increase your generic subs rate?
The incentives in the long run can be seen in your bonus- but you do know that generics are good for CVS, the customer and the insurance company as a whole there's no debating that issue. I don't know how much you know about P and L are gross margin, but if you are at a CVS store and you were tons of brand medications with available generics your Gross Margin would be horrible- you make very little off Brand name drugs.
You are correct- what really hurts is i increased scripts and sales from last year yet I received less overall tech hours- what would be any P.I.C's incentive to increase sales if the end results means less tech hours?In terms of incentives, CVS also gets some pretty massive kickbacks from insurance companies for converting people.
Speaking of bonuses, that is one of the company's largest faults. Pharmacists have almost no incentive to drive profit as even receiving the max bonus as a PIC you are only getting approx 10% of base salary. Last year my store increased scripts above the 10% over budget max for bonus, thus I actually have incentive to not go over this number as it makes my budget that much higher for next year.