Pharmacy revenue on decline due to few dispensing.

Published: 2004-03-09 06:58:00

Updated: 2004-03-09 06:58:00

The KPA (Korea Pharmaceutical Association) analysis of the 2003 national health insurance payments recently disclosed by Health Insurance Review Agency (HIRA) indicated that the pharmacy NHI business profitability was getting worse compared to the previous year largely due to a substantial declined dispensing but heavy inventory cost caused by higher drug prices.

The report revealed that th...

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