How are the rebates calculated and distributed?
July 31, 2020
|By DevAccount
We have agreements with several manufacturers that include generous rebate levels for members. If you use their products (ordered through your wholesaler), we get reports from all wholesalers at the end of every quarter for these products. We calculate how much you have used, send the information to the manufacturer and then they give us each practice’s rebate amount. We collect this from each of the manufacturers and then put the money directly into your nominated bank account. This is done every quarter. The distribution is based on how much your clinic uses of a product. It has nothing to do with the collective members usage.