Without systematic product standardization, your practice pays premium prices for equivalent products while clinical outcomes vary based on individual provider preferences rather than evidence-based protocols.
Where practices struggle with formulary management:
Inconsistent product usage across providers drives up costs and complicates inventory management
Price variations of 15-25% for equivalent products due to lack of standardization
Can't leverage your buying power or negotiate with the manufacturers as easily without the right data
Provider resistance to formulary restrictions limits cost-saving opportunities
No systematic process for evaluating new products or measuring clinical outcomes
Solution
Method empowers intelligent formulary management
Approved product controls
Showcase formulary items and prevent off-formulary purchases without approval through automated workflows that route non-standard requests to decision-makers.
Formulary compliance tracking
Monitor adherence to approved product lists with real-time reporting on off-formulary purchases and spending patterns by buyer or location.
Cost impact analysis
Track spending differences between formulary and non-formulary purchases to quantify the financial impact of standardization efforts.
Standardized product catalogs
Create custom catalogs with preferred products to guide purchasing decisions toward approved options.
Our approach
Cut costs not clinical freedom
Solo practices and multi-location DSOs alike rely on Method's budget management to deliver measurable ROI that compounds as they grow.
Independent and small group practices (1-7 locations)
Get enterprise-level formulary power without the complexity.
Offer cost-effective selections and preferred clinical supplies that keep providers happy and budgets healthy.
Growing Practices (8-49 locations)
Unify your providers around evidence-based standards while preserving specialty flexibility.
Collaborative development means buy-in, not pushback.
Enterprise/Elite DSOs (50+ locations)
Deploy consistency across your organization with local adaptability.
Advanced analytics and clinical committee governance makes formulary compliance effortless.
Inventory Management
Never run out or overstock again with three different ways to manage and order supplies.
Pay the correct amount every time and eliminate duplicate payments with automated three-way matching that strengthens vendor relationships while optimizing cash flow.
“My staff loves Method because it's an easy one-stop-shop for ordering, as opposed to having to go to five or ten different websites and order different things. They can just go to Method, find the products, place the order, and move on with their day.”
Daniel Rifkin
Rifkin Dental
Inventory Management Insights for Growing DSOs and Dental Practices
