## Business math in pharmacy

by Nikki

(US)

Markup= 12% for AWP less than $100

Markup= $5 for AWP $100 or more

Dispensing fee= $6 per prescription

Dispensing fee= $7.50

Compounding fee= $60 per hour

Senior citizen discount= 10%

Dispense the following compounded prescription:

Betamethasone 1% 15g AWP=$15.40

Bacitracin ung 15g AWP= 6.10

Aquaphor ung 30g AWP= 4.50

Compounding time= 10 min

a. What is the selling price?

b. What is the selling price for a senior citizen?

c. What is the gross profit?

d. What is the net profit?

Insurance Company A reimburses AWP-7%+$2.50 per script. How much is the reimbursement for:

Prescription in above Problem ?

Insurance B reimburses AWP-4%+$2 per script. How much is the reimbursement for:

Prescription in above Problem ?