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Posted On: 06/18/2019 9:46:56 AM
Post# of 86106
We all talk about various subsidiaries and companies rolling up into Univec Conglomerate but I feel we often overlook PPSI. Yes Wellness Teladoc is big, Wellness RX has been spoken about before and of course we all get excited over the $185 million revenues at HRI but what about PPSI? They have a 4 story building not coincidentally across the street from Rite Aid HQ. Their revs must be quite impressive as well. Here is what PPSI actually does:
PPSI (PHYSICIAN AND PHARMACEUTICAL SERVICES, INC.), a subsidiary of Univec, promotes and pays for pharmaceutical products though its network of pharmacies. PPSI eliminates the need for the pharmaceutical companies to distribute actual drug samples to physicians reducing potential liability for the physician while maintaining clinical oversight and drug interaction checks for the patient. The company through its “Starter Script” allows in lieu of a physician sample, a voucher or a co-payment card to be provided to the patient for a trial supply of medication redeemed at any of the nearly 55,000+ retail pharmacies utilizing the PPSI real-time processing system.
PPSI (PHYSICIAN AND PHARMACEUTICAL SERVICES, INC.), a subsidiary of Univec, promotes and pays for pharmaceutical products though its network of pharmacies. PPSI eliminates the need for the pharmaceutical companies to distribute actual drug samples to physicians reducing potential liability for the physician while maintaining clinical oversight and drug interaction checks for the patient. The company through its “Starter Script” allows in lieu of a physician sample, a voucher or a co-payment card to be provided to the patient for a trial supply of medication redeemed at any of the nearly 55,000+ retail pharmacies utilizing the PPSI real-time processing system.
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