25%
average pharmacy
profit margin
28%
average pharmacy
profit margin with ProfitGuard
How it works
Essential Services
1
Expert negotiation
We guarantee better pricing, rebates and payment terms on your primary wholesaler contract. Our team of contract experts knows what to look for and what to ask for, so you get the best contract possible.
2
Contract review
Product Features
3
Maximize purchase
decisions / rebates
Multiple wholesalers compete for your business.
We engage national and regional wholesalers in our negotiating process to address current market trends and conditions. We have even renegotiated your current wholesaler contract with no need to switch.
Buy better with the tools and experts to help.
Personalized data analytics tools track your contract performance, verify pricing, and give you money-saving recommendations on products you’re already purchasing. You’ll also have access to a team of experts. The ProfitGuard experts will assist you with focusing your purchases to maximize the value of your economic arrangement.
4
Recommendations and reports
We share daily purchasing suggestions based on your history and current trends while ensuring ongoing, meticulous compliance with your primary wholesaler contract. Our goal is to help you maximize rebates and profits. You’ll also receive daily and monthly reports to show you what you’re saving.
5
Newsletter
Stay up to date and in the know.
In addition to managing your individual contract, we track all industry news and information, edit it for relevance, and then disseminate it to all ProfitGuard members.
Benefits