Headquartered in Pennsylvania, Value Drug Company is a pharmacy wholesaler and cooperative consisting of more than 600 independent pharmacies across the country. Being a co-op of independent pharmacies, its members faced the same problems many community pharmacies do: shrinking reimbursements, narrow profit margins, and zero time to analyze pharmacy data and make better business decisions.
In May 2023, the cooperative started a pilot program with EnlivenHealth® MyDataMart at five Pennsylvania-based pharmacy locations. At the end of 90 days, the results spoke for themselves. The pilot pharmacies saw an average profit increase of $3,795.75 over the pilot period, with the top pharmacy gaining nearly $14,000 in profits. All stores in the pilot program saw an increase in prescription count, sales, and gross profit margins. In some cases, the return on investment was nearly 15 to 1. That's a lot of money to reinvest in the business.