If you are not efficiently managing your expired pharmaceutical returns, you could be leaving money on the shelf. In an independent community pharmacy where every dollar is important, the value of expired products can be significant. Pharmaceutical returns companies, like AAP’s Preferred Partner Return Solutions, can help navigate the challenges of returning drugs for credit and help you get the most out of your pharmacy’s expired products. In some cases, expired products can be worth up to the full amount of their original value and pharmacies are often surprised by the amount of credit they can get back. The average Return Solutions customer receives about $20,000 a year in credit from their outdated returns.
Choosing the right returns company to partner with your pharmacy ensures you are getting all the credit that was promised in an easy-to-track manner. While some returns companies issue credit as a series of multiple checks or credits to your wholesaler, Return Solutions issues all credit due through their OneCheck Select program in a single check, within as few as 10 days after your return. The fee for processing your items is a flat percentage of your returnable products, and there are no additional fees for shipping, controls processing, or destruction of non-returnable items that are shipped with returnable products. Some companies will offer a low rate up-front, only for you to be surprised by high additional fees and low reimbursements.