“Reimbursement on DOL, Department of Labor, is minus 88 percent. How can a pharmacy dispense that medication at minus 88 percent of AWP?”
Dr. Fair Jones · Pharmacy Podcast Network · PBM Impact on Independent Pharmacy Owners | PBM Reform
Play from 20:44
20:44
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What was described
Noted that Department of Labor workers-comp reimbursement can be minus 88% of AWP
-88%
Said nearby on the same subject
“We're left with $18, so $100 sale minus $30 of cost of goods, minus $6 for TikTok, minus $15 for the creator, minus $20 for GMV Max, minus $8 for fulfillment and shipping, minus $3 for returns equals an $18 contribution margin.”
JW
Jordan West
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“You can create a contingent seller note ... if this larger client churned for any reason, there would be some mechanism to not pay out the rest of that note”