GST compliant refill reminders for pharmacies6 min read
How Can I Improve Refill Adherence in My Pharmacy?
Automate GST compliant refill reminders with Ferbz
12%GST on most medicines
0%GST on essential drugs
11thGSTR-1 filing deadline
₹40LGSTIN mandatory above
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As a pharmacy
As a pharmacy owner in a Tier 2 city, managing refill adherence is a daily struggle. Consider the case of Rajesh, who owns a small pharmacy in a bustling town. He has a loyal customer base, but he often finds himself losing revenue when chronic patients don't return for refills on time. For instance, diabetes patients who take metformin need to refill their prescriptions every 30 days. If Rajesh doesn't remind them, they might forget, and he loses a sale. On average, Rajesh has around 50 diabetes patients who need regular refills, and he estimates that he loses around ₹5,000 per month due to missed refills. This is a significant amount for a small pharmacy like his.
Moreover, manually tracking refills is a time-consuming process. Rajesh spends around 45 minutes every evening going through his patient records, checking who needs a refill, and making phone calls or sending WhatsApp messages to remind them. This takes away from the time he could spend on other important tasks, such as managing his inventory or attending to customers. The problem is further complicated by the fact that Rajesh needs to ensure that his pharmacy is GST compliant, which means he needs to keep track of the GST rates for different types of medicines. For example, most medicines, including metformin, have a GST rate of 12%.
The issue of refill adherence is not just a matter of lost revenue; it also affects patient health outcomes. When patients don't take their medications as prescribed, they may experience a decline in their health, which can lead to more severe consequences. As a pharmacy owner, Rajesh feels a sense of responsibility towards his patients and wants to ensure that they receive the best possible care. However, the manual process of tracking refills and sending reminders is prone to errors and is not scalable.
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How Pharmacy Owners
How Pharmacy Owners Manage This Today
Here are some steps that pharmacy owners like Rajesh can take to manage refill adherence without any software:
- Maintain a patient register: Keep a record of all patients who need regular refills, including their medication, dosage, and refill schedule.
- Use Excel or a spreadsheet: Create a spreadsheet to track patient refills, including the date of the last refill and the date of the next refill.
- Send WhatsApp reminders: Use WhatsApp to send reminders to patients when their refills are due.
- Make phone calls: Call patients who don't respond to WhatsApp reminders or who need a more personal touch.
- Use paper calendars: Keep a paper calendar to track refills and appointments.
- Train staff: Train pharmacy staff to remind patients about refills when they come to the pharmacy.
- Review patient records: Regularly review patient records to identify patients who are due for a refill.
However, these methods have limitations. For example, maintaining a patient register and using Excel or a spreadsheet can be time-consuming and prone to errors. Sending WhatsApp reminders and making phone calls can be labor-intensive, especially if the pharmacy has a large number of patients. Moreover, using paper calendars and training staff can be unreliable and may not ensure that all patients receive reminders.
It's also important to note that pharmacy owners need to comply with GST regulations, which can be complex and time-consuming. For example, pharmacies need to ensure that they charge the correct GST rate for different types of medicines and maintain accurate records of their sales and purchases. The GSTIN is mandatory for pharmacies with a turnover above ₹40 lakhs, and pharmacies need to file their GST returns on a monthly basis.
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How Ferbz Solves
How Ferbz Solves This
Ferbz's WhatsApp and SMS refill reminders feature is designed to address the problem of refill adherence. This feature allows pharmacy owners to automatically send reminders to patients when their refills are due, eliminating the need for manual tracking and reminders. The feature is integrated with Ferbz's patient management system, which allows pharmacy owners to track patient records and refill schedules in one place.
With Ferbz, pharmacy owners can save time and reduce errors associated with manual tracking and reminders. For example, Rajesh can save around 45 minutes every evening by using Ferbz's automated refill reminders. He can also reduce the number of missed refills and increase revenue by ensuring that patients receive their medications on time. Moreover, Ferbz's GST compliant billing feature ensures that pharmacies charge the correct GST rate for different types of medicines and maintain accurate records of their sales and purchases.
Ferbz's refill reminders feature is also customizable, allowing pharmacy owners to tailor their reminders to specific patient groups or medications. For example, Rajesh can set up reminders for diabetes patients who take metformin to refill their prescriptions every 30 days. He can also track the effectiveness of his reminders and make adjustments as needed.
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Frequently Asked Questions
To ensure that your pharmacy is GST compliant, you need to charge the correct GST rate for different types of medicines and maintain accurate records of your sales and purchases. You also need to obtain a GSTIN if your turnover is above ₹40 lakhs and file your GST returns on a monthly basis. Ferbz's GST compliant billing feature can help you ensure that your pharmacy is GST compliant.
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Get Started with
Get Started with Ferbz
If you're interested in learning more about how Ferbz can help you improve refill adherence in your pharmacy, we invite you to sign up for a free trial. You can access the trial by visiting https://dashboard.ferbz.com/. Our support team is also available to answer any questions you may have and provide assistance with getting started. You can contact us at support@ferbz.com. With Ferbz, you can streamline your pharmacy operations, improve patient outcomes, and increase revenue. Sign up for a free trial today and see the difference for yourself.
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