Groups: Pharmacy Buying

: By pooling resources, smaller community pharmacies can achieve economies of scale similar to large chains like CVS . A high-performing buying group can improve a pharmacy's profit margins by 2% to 6% , potentially resulting in hundreds of thousands of dollars in annual savings.

: Many groups are structured as cooperatives, collecting administrative fees from suppliers and distributing a portion back to member pharmacies as monthly or quarterly rebates. Types of Buying Group Structures pharmacy buying groups

: Profits generated by the group's activities are returned to the organization's owners rather than the member pharmacies. : By pooling resources, smaller community pharmacies can