Prepare for Impact! DIR Estimation and Mitigation Strategies for Your Pharmacy (Back Office)

Monday, October 16, 2017
3:45 – 5:15 p.m.
ACPE # 0207-0000-17-238-L04-P
ACPE # 0207-0000-17-238-L04-T
1.5 contact hours (0.15 CEUs)
Activity Type: Application-Based

Direct and indirect remuneration (DIR) continues to be a hot button issue for pharmacies. This session will bring you up-to-date on the available business resources that will help you forecast the numbers and how they hit your business cycle. You will walk away with tools to mitigate the dollar amounts and a strategy for financial management to ease cashflow and operations.

Pharmacist and Pharmacy Technician Learning Objectives:

  1. Define how DIR fees are assessed, the current range of clawbacks, industry benchmarks, and mitigation strategies.

  2. Execute accounting best practices for predicting DIR and managing cash flow.

  3. Evaluate DIR technology tools and service solutions from PSAOs, central pay, and reconciliation providers.

Speakers: Lari Harding, Vice President, Product Marketing, Inmar, Winston Salem, N.C.; Chris Smith, Director, Pharmacy Business Intelligence, Inmar, Winston Salem, N.C.