If you are into pharmacy technology, you might have heard of a new pharmacy software designed to optimize profitability – UGO. It was built by pharmacy owners who know the industry and day-to-day problems that independent pharmacies face. For example, the platform integrates and functions with most existing pharmacy operating systems and provides “Key Performance Indicators” highlighting what the pharmacy is currently doing and ways it could improve its profitability. It also provides a “Medicare Part-D” tool that searches approved medications and provides information on their reimbursement prices.
Some other interesting features are:
- A forum where independent pharmacy owners can discuss common problems and ask questions.
- A marketplace, which provides information about competitive pricing on inventory and other pharmacy items.
- News where leading industry professionals offer industry updates and trends.
- Wholesale calculator tool to target and negotiate the most favorable prices.
UGO’s website explains that the intention behind the platform was to improve pharmacy’s “efficiency by reducing the number of software/programs needed to operate, monitor, and manage the business aspect of the pharmacy.”
Sounds interesting? If so, check out UGO’s video explaining their product.