Search Results: kpi optimization

Feb 7 2024

Best of 2023: Pharmacy KPI Optimization

By Dr. Lisa Faast | February 7, 2024 | KPI Optimization

Your pharmacy’s data is the key to unlocking massive profit and success which is why it is so critical to focus on KPI optimization for every independent pharmacy owner. AH… DATA! I love it. And I know I am weird. It’s ok. I own my weirdness. You’ll thank me for it because I love helping […]

Jan 11 2023

Jun 23 2022

KPI Optimization: The Sixth Pillar to Pharmacy Profitability

By Dr. Lisa Faast | June 23, 2022 | KPI Optimization

KPI stands for Key Performance Indicator. A KPI is a data point or number you can track in your pharmacy. I am a data nerd, so I have written on several KPIs; feel free to browse through all KPI-related blogs HERE. While there are 100s you could track in your pharmacy, what you want is […]

May 5 2022

How To Maximize Pharmacy Profit With These 6 Pillars

By Dr. Lisa Faast | May 5, 2022 | KPI Optimization

The key to growing your pharmacy profit is implementing tactics within each of the 6 Pillars of Pharmacy Profitability. Over the years, I have talked to thousands of pharmacies about profitability. A particular pattern started to emerge when I would sit down and break open their entire business strategy. There are six areas I notice […]

Jan 11 2024

Best of 2023: Pharmacy PBM Optimization

By Dr. Lisa Faast | January 11, 2024 | PBM Optimization

Get caught up with our most popular articles on PBM Optimization for independent pharmacy owners. For most pharmacy owners reading this, PBMs are integral to your business as much as they suck the lifeblood from you and your pharmacy. The average pharmacy has more than 90% of its revenue flowing through a PBM. Therefore, you […]

Dec 29 2022

Jan 20 2022

6 Pillars of Pharmacy Profit – Top 2021

By Dr. Lisa Faast | January 20, 2022 | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization, Team Development

Having a thriving, successful pharmacy means you need to take an active approach to your pharmacy profit. Being average will not keep you in business – that’s what I always say. You need to be awesome! To succeed in the pharmacy world, you are continuously implementing new ways of doing things, and with the ever-changing […]

Apr 11 2024

Key Performance Indicators (KPIs) Every Pharmacy Owner Should Track

By Dr. Lisa Faast | April 11, 2024 | KPI Optimization

Key Performance Indicators (KPIs) are the important numbers that tell you how well your pharmacy is doing and point you in the right direction for where you need to focus your time and energy. Taking The Pulse Of Your Pharmacy With KPIs It’s really important to monitor the health of your pharmacy. By health, I […]

Sep 30 2021

Transform Your Pharmacy Profits With These 3 Critical KPIs

By Dr. Lisa Faast | September 30, 2021 | KPI Optimization

Can you dramatically improve your pharmacy’s profits in just 90 days? It is the start of a new quarter today. Are you happy with what you accomplished in the last quarter? Did you have ideas and plans, and then they got lost in the shuffle of the day-to-day of running your pharmacy? Most pharmacy owners […]

Oct 5 2023

3 Critical KPIs for Pharmacies in 2024: Boosting Cash Flow

By Dr. Lisa Faast | October 5, 2023 | KPI Optimization

Can You Significantly Boost Your Pharmacy’s Cash Flow in Just 90 Days? As the new quarter begins, it’s time to reflect on your pharmacy’s performance in the previous quarter. Were your plans and ideas overshadowed by the daily grind of managing your independent pharmacy? Many pharmacy owners find themselves dissatisfied with their progress in the […]

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