This article will take you through the process of how to set prices for drugs. It is recommended you review your dispense pricing configuration, click here to learn how, before you set your drug pricing, as the configurations you set may affect how and when Minfos will apply the pricing. For more information on drug pricing, refer to Dispense Pricing Overview.
You can set:
- Fixed Prices e.g. a set price for 30, 60 and 90 tablets or for creams/ointments such as Advantan set prices for 1, 2, 4, 6, 8 and 10 tubes
- Fixed Price Mark-Up, e.g. a fixed mark-up% to apply to 30, 60 and 90 tablets, or
- The options from your Private Pricing table
Note:
We recommend you set fixed prices against the quantities you regularly dispense, including broken pack quantities and multiple pack quantities e.g. for 60 day dispensing.
The fixed price cannot exceed the maximum PBS price, if you enter a fixed price above the max. PBS price, Minfos will use the max. PBS price not the fixed price.
You can refer to pbs.gov.au/pbs/home to check the General Patient Charge before you set your fixed prices e.g. Atorvastatin (Valid Sept 2023)
You can also set or update drug pricing during the dispensing process, click here to learn how.
From the Dispense Pro module:
1. Click the Maintenance menu and select M. Drug Pricing.
Tip: Drug Pricing can also be opened from the Dispense Form: Click Extended. The Extended Dispense Options window is displayed. Select D. Drug Pricing and click Okay.
The Drug Pricing window is displayed.
2. Click Find to search for the required drug.
The Search window is displayed.
3. Enter the Drug Name and click Okay.
4. Highlight the required drug and click Change.
The Drug Pricing Maintenance window is displayed.
5. Do one of the following:
a. To set a Fixed Price
i. Click the Price radio button in the Fixed Price section and enter the fixed price. This will add a fixed price for the default quantity. If required, click the Cost Based on dropdown and make your selection.
ii. Click OK to save.
The Drug Pricing window is re-displayed with FP displayed.
iii. To set multipack pricing, highlight the required product and click Change.
The Drug Pricing Maintenance window is displayed.
iv. Click Multiple Pack Pricing.
The Drug Pricing (Multiple Packs) window is displayed.
v. Click Add.
The Drug Pricing Maintenance window is displayed.
vi. Enter the required Qty.
Note: You must enter the base quantity before adding other quantities. In this example 60 is the Qty that is required.
vii. Update the Price field. This is prefilled with the default quantity fixed price, set in step i.
viii. If required, click the Cost Based on dropdown and make your selection.
ix. Click OK to save.
The Drug Pricing (Multiple Packs) window is re-displayed.
x. Either repeat steps iv to viii to continue to add multipack quantities or click Cancel to close the Drug Pricing (Multiple Packs) window.
Example of Multiple Fixed Pricing:
b. To set a Fixed Price Mark-Up
i. Click the Mark-Up radio button in the Fixed Price Mark-Up section and enter the Mark-Up %. If required, click the Cost Based on dropdown and make your selection.
ii. Click OK to save.
The Drug Pricing window is re-displayed.
iii. To set multipack mark-up pricing, highlight the required product and click Change.
The Drug Pricing Maintenance window is displayed.
iv. Click Multiple Pack Pricing.
The Drug Pricing (Multiple Packs) window is displayed.
v. Click Add.
The Drug Pricing Maintenance window is displayed.
vi. Enter the required Qty.
Note: You must enter the base quantity before adding other quantities. In this example 60 is the Qty that is required.
vii. Update the Mark-Up field. This is prefilled with the default quantity Mark-Up %, set in step i.
viii. If required, click the Cost Based on dropdown and make your selection.
xi. Click OK to save.
The Drug Pricing (Multiple Packs) window is re-displayed.
x. Either repeat steps iv to viii to continue to add multipack quantities or click Cancel to close the Drug Pricing (Multiple Packs) window.
Example of Multiple Fixed Price Mark-ups:
c. To set a price based on the Pricing Table
Refer to Private Pricing Table to set up your options.
i. Click the Mark-Up radio button and then click the Mark-Up dropdown in the Pricing Table section and make the required selection.
ii. Click the Disp. Fee dropdown and make the required selection. If required, click the Cost Based on dropdown and make your selection.
Note:
Refer to Private Pricing Table to set up different Mark-Up’s and Disp. Fee’s.
Refer to Manage Dispense Fees in Options to adjust your Default Mark-Up and Default Disp. Fee.
iii. Click OK to save.
The Drug Pricing window is re-displayed.
iv. To set multipack Pricing Table pricing, highlight the required product and click Change.
The Drug Pricing Maintenance window is displayed.
v. Click Multiple Pack Pricing.
The Drug Pricing (Multiple Packs) window is displayed.
vi. Click Add.
The Drug Pricing Maintenance window is displayed.
vii. Enter the required Qty.
Note: You must enter the base quantity before adding other quantities. In this example 60 is the Qty that is required.
viii. Click the Mark-Up dropdown and make your required selection. This is prefilled with the default quantity Mark-Up %, set in step i.
ix. Click the Disp. Fee dropdown and make your required selection.
x. If required, click the Cost Based on dropdown and make your selection.
xi. Click OK to save.
The Drug Pricing (Multiple Packs) window is re-displayed.
xii. Either repeat steps iv to xi to continue to add multipack quantities or click Cancel to close the Drug Pricing (Multiple Packs) window.
Example of Private Table Multiple Pack pricing:
Also refer to Dispense Form Price Indicator to see how the different set prices will display on the Dispense Form.
You can also set a special price to a customer, refer to Set and retain a Special Prescription Price for customers.