Compound medications are drugs that are prepared specifically for a patient according to a prescription provided by a doctor. This individualized medication consists of different ingredients mixed together in the prescribed strength and dosage. How a compounded medication is made is similar to how a recipe is followed.
How Are Compounded Medications Used?
Compounded medications are often prescribed for dermatologic conditions, thyroid conditions or hormone replacement, or pain. They can be made for any age group, but they are not commercially available through a pharmaceutical company or brand name.
Pros of Compounded Medications
A compounded medication is customized for a patient’s needs. Compounding can be used to create custom strengths or dosages from familiar medications. Combining different ingredients can create unique treatments that would otherwise not be possible with traditional prescriptions. Pharmacists who handle compound medications serve a niche market, and may attract more customers looking to fill specialized prescriptions.
Cons of Compounded Medications
Despite the benefits that compounded medications provide, there are some cons. These medications can be expensive, even if the patient has health insurance. For pharmacies, offering compounded drugs generally requires specialized equipment. Time is a factor to consider: do you have the resources to add compounding to your staff’s workload?
For many patients, compounded medications can make life easier and provide them with options that are not widely available with traditional prescriptions. Compounding medications in your pharmacy might give you a competitive edge, but it does require investment and savvy marketing.