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MedX Management Group
Workers Compensation Dispensing Program
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Treating workers compensation patients? Unlike regular patients, dispensing medication to workers compensation patients requires submitting a claim to insurance in order to get paid. Physicians that dispense medication to their workers compensation patients earn revenue based upon your state's insurance reimbursement schedule and the Average Wholesale Price (AWP) of that drug. It is not unusual for a physician to earn over $100,000 or more every year by dispensing medication to workers compensation patients.
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So what's the problem? Physicians treating workers compensation patients have a difficult time getting reimbursed from insurance companies. Collecting for drug reimbursement is no exception. Even if dispensing medication to workers compensation patients is profitable, having to wait to get paid from insurance companies could cost the physician thousands of dollars in upfront drug costs only to cause further cash flow delays and difficulties.
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Is there a solution? Yes. MedX Management Group, a division of MedX Sales, offers qualified physicians a turnkey solution when dispensing to both workers compensation and non-workers compensation patients. That's right, our simple, easy and profitable program eliminates cash flow headaches and guarantees payment from workers compensation claims in 30 days.
Highlights of the program include:
- All equipment, software, supplies, and cabinets are available for your use at no out of pocket cost to you.
- All drug purchases are netted out of your workers compensation profits. We even pay the invoices on your behalf.
- All workers compensation claim processing are done by MedX Management Group's highly efficient and trained staff members.
- Get paid a generous dispensing fee every month that could earn you tens of thousands of dollars or more each and every month.
- Inventory Management. We assist in ordering and evaluating inventory monthly for maximum profitability.
- Monthly reports features drug utilization and profitability analysis.
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