Search Results: pbm optimization
Explore our Top 2022 recommendations for Optimizing Your PBM Revenue and Stabilizing Your Pharmacy Profits. Last week we shared our Top 2022 Pharmacy Blog Post for Non-PBM Revenue, which covers our second Pharmacy Profit Pillar Non-PBM Revenue. This week we will recap the most popular blogs from 2022 that focus on PBM Optimization, our third […]
Best of 2023: Pharmacy PBM Optimization
By Dr. Lisa Faast | | 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 […]
PBM Optimization: The Third Pharmacy Profit Pillar
By Dr. Lisa Faast | | KPI Optimization, PBM Optimization
Our third pharmacy profit pillar, PBM Optimization, will significantly impact your bottom line in the shortest amount of time for most independent retail pharmacies. While most pharmacy owners hate PBMs, they are a part of our everyday business and the key to success. You can’t ignore them when about 90% of a pharmacy’s revenue is […]
6 Pillars of Pharmacy Profit – Top 2021
By Dr. Lisa Faast | | 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 […]
How To Maximize Pharmacy Profit With These 6 Pillars
By Dr. Lisa Faast | | 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 […]
Best of 2023: Pharmacy KPI Optimization
By Dr. Lisa Faast | | 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 […]
Top 2022 Pharmacy Blog Posts for Independent Pharmacy KPI Optimization
By Dr. Lisa Faast | | KPI Optimization
Last week we shared our Top 2022 Blog Resources For Team Development. This week we will cover the most popular blogs from 2022 that focus on KPI (key performance indicator) Optimization, our sixth (and final!) Pharmacy Profit Pillar. Here’s an overview of the 6 Pharmacy Profit Pillars: Use your KPI data to make smarter, better […]
Top 2022 Pharmacy Blog Posts For Non-PBM Revenue
By Dr. Lisa Faast | | Non-PBM Revenue
Dive into our top 2022 suggestions for increasing your non-PBM revenue to grow and stabilize your pharmacy profits. Last week we shared our Top 2022 Blog Resources To Increase Cash-Based Revenue, which covers our first Pharmacy Profit Pillar Cash-Based Revenue. This week we will recap the most popular blogs from 2022 that focus on non-PBM […]
Best of 2023: Pharmacy Non-PBM Revenue
By Dr. Lisa Faast | | Non-PBM Revenue
Ditch your dependence on PBMs and grow your non-PBM revenue with this review of our top 2023 blogs. PBMs. Ugh. We feel the same. Don’t let the rule your pharmacy or ruin your profits. Let’s focus on helping you grow your non-PBM revenue. Yes! There are many opportunities that have nothing to do with a […]
Mastering PBM Billing Compliance: A Comprehensive Guide To A PBM Audit
By Dr. Lisa Faast | | PBM Optimization
Don’t let a PBM audit ruin your plans. When your pharmacy relies on a Pharmacy Benefit Manager (PBM) for 90% or more of its revenues, it’s imperative to ensure 100% PBM billing compliance so you can pass any PBM audit. Compliance with PBM billing regulations is more critical than ever, given the increasing number of […]
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DiversifyRx is dedicated to helping pharmacy owners kick a$$. We strongly believe the key to success is diversifying your revenue streams and maximizing each opportunity that is right for you. DiversifyRx was created by pharmacy owners for pharmacy owners. We have experienced a lot of triumphs and disasters and want to share our knowledge with you. This site contains affiliate links to products or services. We may receive a commission for purchases made through these links.