Medicus RX Solutions provides full service in-office Physician dispensing in the state of New Mexico for clinics seeking to dispense medication at the point of care. We provide best in class expertise, dispensing software and multiple packager relationships to assist New Mexico physicians seeking to dispense medication in a clinic setting. Clinics that dispense at the point of care report increased revenue, improved patient compliance and enhanced patient satisfaction due to the convenience the service provides. You can learn more about how the Medicus RX Solutions in-office dispensing system can assist your clinic in providing highly personalized care by following the link. Or continue reading and learn about how we can assist clinics in New Mexico efficiently and profitably dispense medication at the point of care.
Advantages to Physician Dispensing in New Mexico
The advantages to Physician dispensing in New Mexico are numerous and include: increases in per patient revenue, enhanced patient control and increases in patient compliance and Physician control. Most clinics are familiar with both the practice and the advantages to dispensing oral medications at the point of care. However many Physicians are unaware that in the state of New Mexico a dispensing Physician also has the ability to dispense both injections and custom compound topical creams in-office. Our best in class dispensing software makes complying with New Mexico dispensing rules easy for your staff to manage while tracking all purchasing and inventory. Our clinics in the state report high levels of patient satisfaction with the ability to fill prescriptions right in the office. You can get a rough estimate of the increases in per patient revenue from dispensing oral medication, custom compound topical creams and injection kits at this link to our clinic revenue calculator. If you are interested in learning more about Physician Compounding of custom topical creams follow the link. Or continue reading and learn more about the advantages to Physician dispensing in the state of New Mexico.
New Mexico In-Office Physician Dispensing Regulations
The regulations for in-office dispensing in New Mexico are relatively straightforward and are some of the most supportive of the practice in the United States. The state of New Mexico and the New Mexico Board of Medicine allow Physician dispensing without a license or registration fee. Dispensing Physicians in New Mexico are required to follow all State Rules for prescribing as outlined at this New Mexico Medical Board link. If you have any questions about the regulations for in-office dispensing in the New Mexico you can contact us at the link and one of our representatives will contact you with the answer.
Revenue Potential For Physician Dispensing in New Mexico
Our turn key in-office Physician dispensing represents a low cost strategy for increasing per patient revenue on the existing patient base for New Mexico clinics that deploy our system. In the current environment of decreasing reimbursement rates and increasing costs, increasing per patient revenue is a priority for many private Physicians. Clinics seeking to increase potential revenue in the state have the option of deploying either our workers compensation program or our cash and carry program.
Physician Dispensing Reimbursement in New Mexico for Workers Compensation Patients
New Mexico clinics that dispense medication at the point of care to workers compensation patients are reimbursed based on the workers compensation average wholesale price (AWP) +$1.04 plus $8.06 for each script filled. These represent some of the highest reimbursement rate in the country and are one of the reasons dispensing is so popular in New Mexico. Clinics that engage in Physician dispensing for workers compensation patients report increase in per patient revenue and high patient satisfaction. Our proprietary dispensing software makes real time adjudication of workers compensation claims and billing an easy process for staff. For more detailed information on how Medicus RX can help your clinic dispense medications to workers compensation patients in the state you can contact us here and we will answer any questions.
Cash and Carry Physician Dispensing in New Mexico
When New Mexico clinics clinics dispense medication at the point of care to non-workers compensation patients, we recommend the clinic charge a cash copay to the patient upon medication dispensing, Patients appreciate the convenience and the personalized nature of the care provided by dispensing physicians who utilize our cash and carry program. Our proprietary EMR compatible in-office dispensing software makes tracking and reporting cash purchases simple for staff members to perform during checkout.
Advantages to In-Office Physician Dispensing in New Mexico with Medicus RX Solutions
The dedicated staff at Medicus RX Solutions have been assisting New Mexico Physicians implement safe, efficient and profitable in-office dispensing systems for over ten years. Whether you are utilizing our workers compensation program or our cash and carry program, our proprietary web based software system will make everything from ordering your medications to billing workers compensation efficient and profitable.
In New Mexico a dispensing Physician can combine our proprietary web based dispensing software, expertise and Topical Med Kits to dispense and bill custom compound creams and injections in-office. You can learn more about in-office Physician compounding and billing in New Mexico and how the practice is fast becoming the new standard of personalized care at the link. If you are interested in learning more about in-office Physician dispensing you can follow the link to our main dispensing page or contact us and a member of our staff will guide you through the process.