Expired Pharmaceuticals: Tips for Getting More Money for Your Outdated Products

Read our Article for Tips on Getting More Money from Your Outdated Products

If you’re not efficiently managing your expired pharmaceutical returns, you could be leaving money on the shelf. In an independent community pharmacy where every dollar is important, the value of expired products can be significant. Pharmaceutical returns companies, like  Return Solutions, can help navigate the challenges of returning drugs for credit and help you get the most out of your pharmacy’s expired products…

Increase Pharmacy Revenue by Optimizing Your Expired Pharmaceutical Returns Process

Download Our Presentation on Optimizing Your Expired Pharmaceutical Return Process to Increase Pharmacy Revenue

By effectively managing your expired pharmaceutical returns, you can receive bonus injections of cash into your pharmacy throughout the year that can be used to pay for unexpected expenses, fund a community sponsorship, invest in store improvements, or any number of things that credit through your wholesaler can’t cover.

The data from the last 12 months shows that Return Solutions customers average $6500 in returnable product value per return and on average do three returns per year, for a total of almost $20,000 in returnable credit value annually.

With our process, most of this credit is issued in a single check to your pharmacy rather than credit to your wholesale account, and you can receive the check in as few as 10 days or 90 days at the longest with the most economical option.

Navigating Expired Pharmaceutical Returns

Download Our Presentation On Navigating Expired Pharmaceutical Returns

Learn about the impact proper inventory management and handling of expired pharmaceuticals can have on your pharmacy’s bottom line in this high-level overview of how to minimize items going out of date and maximize credit you receive for those that do.

Hazardous Waste Pharmaceuticals Guide

Download Our Guide To The Hazardous Waste Pharmaceuticals Ruling

We summarized the recent EPA ruling that is now in effect on a national level and distilled the information into an easy-to-navigate guide that you can reference when dealing with HWPs in your pharmacy.

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