The Importance of Direct to Patient Cash Pay Pharmacy Services
Direct-to-patient (DTP) cash pay pharmacy services are a new and exciting venue to deliver medications to patients. This model is best for non-complex medications where the diagnosis may be done virtually. That way patients can access medications remotely, helping more people receive beneficial prescriptions.
What are DTP Cash Pay Pharmacy Services?
DTP cash pay programs are paid directly by patients through online credit card processing. They are not funded through insurance programs. These prescriptions are often not considered medically necessary and may include medications that aid patients with weight loss or cosmetic goals.
Generally, this process is driven by the patient seeking medication, although in some instances, healthcare providers (HCPs) may be aware of DTP cash pay programs and can recommend them to patients directly. In most cases, the patient will go to the participating drug manufacturer’s website to create an account and provide a physical mailing address and payment information. They will then answer relevant questions regarding their medical history and current health. From there, the patient will be contacted by their HCP who will assess if the drug is appropriate and if indicated, write a valid prescription. The prescription will go to a non-commercial dispensing pharmacy, like Medvantx, where it can be fulfilled.
DTP cash pay services are designed to supplement, not replace, established connections between patients and providers. Instead, these services give patients the convenience of requesting a prescription virtually without needing to leave home. This helps more patients get access to medications that can potentially improve their quality of life or overall well-being.
How Medvantx Administers DTP Cash Pay Pharmacy Services
Medvantx acts as the non-commercial dispensing pharmacy for DTP cash pay services. That means, HCPs will deliver valid prescriptions directly to Medvantx and our dedicated pharmacy team will fulfill and prepare the order to be delivered directly to the patient. Medvantx is able to process credit card payments to streamline the process for patients and manufacturers alike.
One thing that sets Medvantx apart is our ability to provide transparency to patients through our Medvantx Insights platform. Patients can follow their prescription fulfillment journey online and anticipate when they will receive medications. Further, patients can opt in to receive text message refill reminders for future refills if there is an active refill for the prescription.
In addition to the Medvantx Insights platform that allows patients to easily track their prescription, Medvantx has robust packing and shipping capabilities to manage almost any prescription that can be offered via DTP cash pay programs. Our cold chain capabilities make it so that even medications that have specific temperature requirements can be eligible for DTP cash pay programs. We also have two large packing and shipping facilities that can administer drugs in all US States and territories.
Optimizing DTP Cash Pay Pharmacy Services
Medvantx is a leading non-commercial dispensing pharmacy with over 20 years of experience. Through this experience and our existing and expanding services, we strive to administer stellar DTP cash pay pharmacy services with over 99 percent accuracy. Medvantx currently works with five of the 10 largest prescription drug manufacturers in the US with a stellar track record of excellent service.
Learn more about how Medvantx can partner with your company to deliver DTP cash pay pharmacy services.