For independent pharmacies, offering specialty pharmaceutical products can help to improve profitability while providing a highly valuable service to customers.
The specialty pharmaceutical market has grown quickly over the last few decades, from 10 products in 1990 to more than 300 in 2015, a year when spending on specialty pharmaceutical products accounted for one-third of spending on pharmaceuticals in the U.S. Clearly, providing specialty pharmacy services to customers can help community pharmacies improve their market share in a highly competitive healthcare environment.
Finding the right specialty drug distribution partner is essential. While pricing and customer service are always important in pharmaceutical distribution, they are absolutely critical in specialty distribution services. Many specialty drugs have a complex treatment regimen, a limited shelf life or special handling requirements, and most come at a very high price. Partnering with the right supplier for speciality pharmacy distribution will ensure that independent pharmacies can deliver specialty medicines on time, as needed and at a decent profit margin.
When choosing a specialty pharmaceutical distribution partner, more independents today choose services from H. D. Smith.
H. D. Smith: a leading independent specialty pharmaceutical supplier.
H. D. Smith has been serving the needs of independent pharmacies for more than 60 years. We are passionate about the continued success of community pharmacies and dedicated to providing competitively priced products and exceptional customer service to our independent partners.
To help community pharmacies improve profitability, we offer specialty pharmaceutical products that keep pharmacies on the cutting edge of market developments. We supply complex specialty pharmaceutical treatment regimens that allow our independent partners to cover a full range of disease states and care for their patient community. Our services include:
- Customized delivery and shipping.
- Customer screening and registry.
- Product warehousing and logistics.
- Cold chain distribution.
With extensive experience and deep expertise in the specialty pharmaceutical market, we provide exceptional customer service to address new product introductions, resolve backorder issues and manage other supply developments.
A comprehensive inventory of specialty pharmaceutical products.
Our specialty pharmaceutical inventory includes:
- A wide range of vaccines at competitive prices.
- Women’s health products, including family planning products and competitive pricing on oral and injectable generic antibiotics and contraceptives.
- A complete line of blood and plasma-derived products, including immunoglobulins and coagulation factors.
- Comprehensive oncology treatments.
- Affordable medications through our 340B-eligible product line.
Learn more about specialty pharmaceutical products from H. D. Smith, and about our offerings as a durable medical equipment supplier.
Terry's Family Pharmacy
H. D. Smith customer for 32 years
“We always receive an accurate delivery. There is never a shortage, and no question, there is never a mistake in the pick. The return system is the best, and again, no question how it works. Credits are also given so fast.”
Alennis Rivero, Pharmacy Tech
Steven's Rx LLC
H. D. Smith customer for 4 years
“All I can say is that I have great sales reps that provide nothing but the best to their customers. The accounting department is also great and always helping customers get the best possible service”
Never Too Busy to Help
H. D. Smith customer for 2 years
“No matter who I call and no matter how busy they are, I am always made to feel that I am the only thing that matters to customer service. Believe me, that goes way beyond the customer service of our previous suppler.”
“Customer service has always been wonderful – I speak to the same people every time who know me by name. I’ve never had a question or complaint that hasn’t been resolved in a reasonable amount of time.” - Kevin Sexton, PharmD, Co-owner, Danny’s Drugs
Danny's Drugs knows how to stand out and make an impact in its community.
Learn how it took the right business deal with a personal touch to solidify this rewarding partnership.
Team Member Spotlight
"Every day at H. D. Smith, I feel valued and respected. By far this is the best company I have ever worked for, and I cannot imagine ever finding a company that values its employees as much as H. D. Smith does.
With its strong core values, family feel and employee development, there really is no better place to work."