CASE STUDY
www.surecost.com
HOW SURECOST HELPED
Smith Pharmacy uses an integrated purchasing solution to find the best option for their
patients and their business.
THE SOLUTION
SureCost is a unified purchasing and inventory management solution designed for
pharmacies to harness insights from their entire vendor and wholesaler catalog.
This software empowers pharmacy teams to identify the best purchasing options
while ensuring compliance and optimizing workflows. Over 5,000 pharmacy
professionals across the country use SureCost every day to save more, stay compliant
and work smarter.
Smith Pharmacy now uses SureCost to efficiently expand its purchasing portfolio
through multiple secondary vendors in addition to their primary wholesaler.
With SureCost, they can easily compare prices and purchasing options. Among other
benefits outlined below, using this solution has led to savings for Smith Pharmacy
and their patients.
See how much your pharmacy can save with SureCost. Calculate in Seconds.
https://info.surecost.com/roi-savings-calculator
THE BENEFITS OF USING SURECOST
Saving Time and Money
SureCost has eliminated the time and labor Smith Pharmacy previously spent just
comparing catalogs and fielding vendor offers. “SureCost helped us tremendously
streamline our purchasing. You don’t have to go on to the other third party websites to
order. You do it all on one platform. And vendors know not to bother calling us because if
their pricing is good, it’s going to be reflected in SureCost.”
SureCost’s pricing transparency has significantly lowered the COGS for Smith Pharmacy.
They can now quickly identify the best purchasing options. For example, a primary
wholesaler might keep the same price on a generic drug while secondaries drop the
price. Nic shares how he showed their primary wholesaler a dermatological drug listed
at $190 while six other vendors were selling it for just ten dollars.
SureCost identifies overpriced drugs and shows the better option — without you having
to keep checking and cross-referencing multiple catalogs. Nic points out how “you can
have hundreds of dollars of savings on just one drug.”
Supporting Patients
Smith Pharmacy passes these savings along to their customers. Patients consistently
note the low prices at Smith Pharmacy, and Nic says that SureCost is an important part
of staying competitive in this area. SureCost also supports Smith Pharmacy in meeting
their patients’ health needs by reducing out-of-stocks.
As Nic explains, that means patients get the medications they need: “If a vendor doesn’t
have that drug, we can look and find somebody that does. We’re a large-volume store.
“
It’s a godsend.
Honestly, the
best thing
that we’ve
ever done in
our pharmacy
is setting up
SureCost.”
Nic Smith
Founder and Owner
~ Smith Pharmacy