Purdy case study

CASE STUDY | Purdy Cost Less Pharmacy

“AI-optimized pricing gives me confidence to compete profitably—without leaving money on the table.”

JEFF HARRELL, PharmD, MULTI-LOCATION PHARMACY CO-OWNER

As a co-owner of more than 24 independent pharmacies largely located in the Pacific Northwest, Jeff Harrell, PharmD, knows the critical role technology plays in evolving his pharmacy business –profitably.

58%

Increase in revenue year-to-date

“I thought the drug benchmarking data we had via our PMS was sufficient for our business. Prescryptive proved me wrong.””

Favorite features:

Artificial intelligence
optimized pricing solution

Personalized data
analysis and insights

Maximized, sustainable
profitability

Jeff Harrell, PharmD, is a leading authority on technology and innovation within the pharmacy practice. When Prescryptive Health approached Jeff about its artificial intelligence (AI)-powered pricing engine, he was intrigued, albeit a bit skeptical.

“They had me at AI,” Jeff said. “But we knew our market really well. And, we had reliable benchmarking data through our pharmacy management system (PMS). I wasn’t convinced that Prescryptive’s solution would provide much more insight.”

That said, as a champion of technology and innovation, Jeff was open to seeing how the AI-powered pricing intelligence engine could help fuel his business performance even more. Prescryptive worked with Jeff to gather historical claims data, and they performed a complimentary deep-dive data analysis.

“I was taken aback with the thoroughness and sophistication of the analysis and the solution,” Jeff said. “We got down to the drug-level, detail-by-detail. They really understood what I needed, and they personalized the solution with my input and market knowledge to ensure optimal results.”

After just one week with the AI-optimized pricing in place, Purdy Cost Less Pharmacy saw a revenue increase of 16%.

“Once we got the model in place, the business impact was noticeable in just a matter of days,” said Jeff. “This is a top-of-the-line solution that will be very valuable to independent pharmacies seeking maximum growth—regardless of their current tools and PMS. I look forward to expanding the solution across all of my pharmacies in 2022.”

Purdy Pharmacy Case Study - Powered by Prescryptive Health

Jeff Harrell, PharmD,
Multi-location pharmacy co-owner

“Finding a way to stay market-competitive and keep the business thriving is imperative
for the long-term viability of my pharmacies,which serve a critical patient and community need.”

Profitable. Efficient. Turn-key.

700+

pharmacists enrolled in myRx PRO and counting

Up to

25% lift

in annual revenue for pharmacies using our clinical services

30 mins

is all it takes to complete the onboarding process

Get AI-driven insights to super-boost your bottom line.

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