
Medications in an ATM
A California company has found a unique
way to reduce prescription drug costs
an ATM-like vending machine in doctor ’s
offices that dispenses free generic drug
samples instead of sodas and snacks.
The machine of MedVantx of San Diego
allows doctors for the first time ever
to provide patients with samples of less
costly generic medications and counteract pharmaceutical reps building brand
loyalty through samples of expensive brand-name drugs.
Managed care companies foot the bill for
the machines which record which patients
receive a 30-day supply of one of 21 generic
drugs.
Among the latest to sign on is Medica, Minnesota’s largest HMO, which recently installed MedVantx machines in 10 clinics.
The potential savings is enormous. A mere 1 percent increase in generic prescriptions could save the company more than $6 million this year alone.
Source: TIME
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