Closed-Door Pharmacy vs Retail Pharmacy – What’s the Difference?
When most people think of pharmacies, they think of retail pharmacies like CVS and Walgreens. However, there is another type of pharmacy called a closed-door pharmacy. These pharmacies are popping up all across America and are quickly taking over the industry. As a retail pharmacy, there’s a lot you can learn from closed-door pharmacies.
What’s the difference between closed-door and retail pharmacies?
Let’s take a closer look.
What is a closed-door pharmacy?
A closed-door pharmacy is a type of pharmacy that serves long-term care facilities, like nursing homes and assisted living facilities.
They are called “closed-door” because they are not open to the general public. They are not open to the public because they only serve patients who reside in a long-term care facility. By operating this way they are able to focus on the specific needs of these patients.
Closed-door pharmacies offer many of the same services as retail pharmacies, but they also have some unique features.
For example, closed-door pharmacies often have a larger inventory of medications because they serve a larger number of patients.
Closed-door pharmacies also typically offer speedy delivery services to their clients. This helps them provide a higher level of service to their clients while also, saving time and money.
When it comes to fast delivery times, what’s the difference between same-day vs next-day for your business?
What are the benefits of a closed-door pharmacy?
There are many benefits of closed-door pharmacies that you don’t get with retail pharmacies, some of the most notable benefits are that they:
- Provide a higher level of service to their clients.
- Have a larger inventory of medications.
- Offer same-day delivery services.
If you’re looking for a new medical supplier or are thinking about switching to a closed-door pharmacy, these are some things to keep in mind. Closed-door pharmacies offer a unique set of benefits that can’t be found at retail pharmacies. So, if you’re in need of a higher level of service, or if you require a larger inventory of medications, then closed-door pharmacies might be right for you.
What are the differences between closed-door and retail pharmacies?
While both types of pharmacies fill prescriptions and dispense medications, there are some key differences. Most of these differences revolve around the services they provide and the business model that they use to maintain profitability.
The first difference is that closed-door pharmacies are not open to the general public. They serve a specific population of patients who reside in long-term care facilities. The second difference is that closed-door pharmacies often have a larger inventory of medications. This is because they serve a larger number of patients.
The third difference is that closed-door pharmacies typically offer delivery services to their clients. This helps them provide a higher level of service to their clients.
The fourth and final difference is that closed-door pharmacies are often owned by a company, while retail pharmacies are typically independently owned.
Examples of closed-door pharmacies
There are a lot of closed-door pharmacies all across America.
Here are just a few to take a look at:
- CVS Caremark – Get prescriptions delivered straight to your door affordably.
- Omnicare – Offers services to support patients and residents of long-term care facilities and senior living communities.
- Dr. Reddy’s – Provides reliable medicine delivery services at affordable prices.
- PharMerica – Nationwide medicine services for long-term care facilities.
- AmerisourceBergen – Offers medicines via wholesale and specialty distribution, ensuring that crucial medicines arrive at long-term care facilities every day.
Why do closed-door pharmacies need same-day delivery?
There are a few reasons why closed-door pharmacies need to offer same-day delivery.
The first reason is that many of the patients that they serve are not able to leave the facility to pick up their prescriptions. With any delivery service comes the question of what courier service to use. Here are 10 tips to help you choose the right medical courier for your business.
The second reason is that closed-door pharmacies often have a larger inventory of medications.
This means that they are more likely to have a medication that a patient needs in stock compared to other pharmacies. If you’re delivering large quantities of medical supplies it can be difficult to keep track of them all. Take a look at our ultimate guide to last-mile delivery tracking for step-by-step solutions.
One of the most important challenges for pharmacies to overcome when providing same-day delivery services is maintaining HIPAA compliance. Check out our guide on maintaining HIPAA compliance with medical couriers to ensure your team is set up for success.
The third reason is that closed-door pharmacies are known for providing a higher level of service to their clients. By offering delivery, they are able to save their clients time, money, and stress.
Whether you’re a closed-door pharmacy providing services to long-term care facilities or a retail pharmacy serving the public, knowing how to launch same-day delivery services for your pharmacy is extremely important.