Pharmacies And Retail Clinics Have Billion Dollar Opportunity - North Highland Has The Solution
ATLANTA, Nov. 21, 2013 /PRNewswire/ -- North Highland, a global consulting firm, along with its marketing services division, Sparks Grove, has capabilities to help pharmacies and retail clinics realize new revenue growth with the passage of the Patient Protection and Affordable Care Act (ACA).
"With prescriptions and clinic visits in mind, capturing just 10 percent of the newly insured could earn organizations $825 million in revenues in year one alone," said Fletcher Lance, National Healthcare Leader for North Highland and vice president. "The challenge for these retailers is to move quickly – strategizing now and implementing those strategies as soon as possible. The most nimble organizations will be those who see the greatest benefit."
The ACA is estimated to bring 30 million Americans into the healthcare sector through the individual mandate requiring most people to have health insurance.
"To serve this unique opportunity, we will bridge many of our capabilities from North Highland's healthcare, life sciences and retail practices," said Elizabeth Ebert, North Highland's Retail Solutions Experts. "Our solution is holistic, and encompasses business intelligence, information technology, operations, marketing and customer experience to provide end-to-end success."
For more information about North Highland's capabilities, read our latest perspective or contact one of the team members.
About North Highland
North Highland is a global consulting firm with a proven record of enabling great returns on our clients' investment. Our high-caliber consultants offer deep experience and expertise across many diverse industries and service areas.
We specialize in solving tough business challenges, being easy to work with, and nurturing long-standing relationships with the most recognizable brands in the world. Ask any of our clients, and they'll tell you. For more information, visit www.northhighland.com
North Highland is a proud member of the Cordence Worldwide global management consulting partnership. Learn more at www.cordenceworldwide.com.
About Sparks Grove
Sparks Grove is a marketing strategy and creative agency that offers insight, strategy, design and customer experience solutions to many of the world's leading brands. A division of North Highland, Sparks Grove delivers clients fresh ideas that invigorate their brands and resolve pressing business challenges. For more information, please visit our website at www.sparksgrove.com.
SOURCE North Highland