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Medication management and vaccination services among top services.
Results of NCPA’s 2019 Digest suggest independent pharmacies are offering more services than ever before despite their continued decline.
Independent pharmacy represented 35% of all retail pharmacies in the US and a $75.8 billion marketplace, according to NCPA’s "2019 NCPA Digest", sponsored by Cardinal Health. The Digest was released at NCPA’s Annual Convention in San Diego in late October.
The estimated number of independent community pharmacies dropped from 21,909 in 2017 to 21,767 in 2018. The report also says that independent pharmacies are providing a variety of extra services, including: medication synchronization (79%), medication therapy management (77%), flu immunizations (76%), non-flu immunizations (69%); blood pressure monitoring (57%), and durable medical goods (53%).
Around 91% of community pharmacies are offering some type of medication adherence program, “aligning the interest of patients, payers, pharmacists, and plans,” says NCPA in a statement.
"Independent community pharmacists have long been lauded for the services patients can access and the quality care they can receive at these locally-owned pharmacies," said NCPA CEO B. Douglas Hoey, RPh. "As economic pressures on pharmacies continue-and as more medical-side payers find value in community-based pharmacies-it's increasingly important to change the pharmacy payment model to compensate for value and recognize pharmacists for the services they do and can provide.”
Other primary findings from the 2019 NCPA Digest include:
The top four point-of-care services provided are: influenza (13%), rapid strep (12%), cholesterol screening (10%), and hemoglobin A1C (6%).