NCPA Annual Convention Exhibitor Recap 2022
By Dr. Lisa Faast | | KPI Optimization, Non-PBM Revenue, PBM Optimization
Here are the 10 most exciting companies I saw at the 2022 NCPA annual convention. NCPA held its 2022 annual convention in Kansas City. I know Ian kept some people home, as did some sickness. Fear not if you missed attending! I will recap the most exciting and profit-creating companies I saw on the exhibitor …
Monkeypox and Your Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue, Marketing
While cases of monkeypox are currently on the decline, it is still vital to keep up to date on information. We have fielded several questions from pharmacy owners asking how they can support their patients to combat monkeypox. Let’s dive into monkeypox and your pharmacy and what you can do to help your community. Dr. …
Pharmacy Legal Issues
By Dr. Lisa Faast | | KPI Optimization
When you have owned a pharmacy long enough, pharmacy legal issues are bound to happen to you. Types of Pharmacy Legal Issues for Pharmacy Owners Legal troubles can fall from many angles for pharmacy owners. Here’s a short list: Employment lawsuits Board of Pharmacy actions PBM audits PBM contracts Pharmacist dispensing activities Patient prescription fraud …
The Marketing Mistake That Chick-Fil-A and Pharmacies Make
By Dr. Lisa Faast | | Marketing
Chick-Fil-A (CFA) doesn’t make many mistakes. However, I noticed a big marketing mistake after a recent trip, and I see pharmacies make it all the time too. Butchering A Good Strategy Knowing a strategy and implementing it incorrectly is the same as not knowing at all. Proper implementation is the key to success. Mistakes made …
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4 Easy Strategies to Increase Clinical Revenue for Independent Pharmacies
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
You can reduce your pharmacy’s reliance on PBMs by earning more revenue from clinical services. How is clinical revenue or service-based revenue defined? My definition of clinical revenue has two components: It is revenue that does not flow through a PBM. It leverages your pharmacist’s intellectual knowledge and skills. There are many examples of clinical …
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Pharmacy Profit Summit Speaker Highlights Bonus Day
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
Yes! We had a special Bonus Day event at the Pharmacy Profit Summit that focused solely on functional medicine and clinical-based pharmacy revenue and profits. Our 2022 Pharmacy Profit Summit was special as we added a pre-event Bonus Day. We gathered the leaders from functional medicine and clinical pharmacy programs to take attendees through the …
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Pharmacy Profit Summit Speaker Highlights 2022 – Day 2
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, PBM Optimization
If you missed the Day 1 Pharmacy Profit Summit recap, you can catch it here. Day 2 was packed with even more speakers that gave critical information on how to grow your profits with various solutions. Let’s dive into day two and get the specific information you need. Dr. Lisa Faast Dr. Faast started by welcoming …
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Pharmacy Profit Summit Speaker Highlights 2022 Day 1
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization
Thank you to everyone who joined us for the Pharmacy Profit Summit 2022! We are still amazed at the lineup of extraordinary speakers at the summit. Our event did sell out. We know that not everyone who wanted to attend could; even some with tickets got the dreaded positive test and couldn’t make it. In …
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Back To School Preparedness For Independent Pharmacy Owners
By Dr. Lisa Faast | | Cash Based Revenue, Marketing
Independent pharmacies can play a significant role in helping local communities prepare for back to school. As most parents know, schools are a petri dish for all things contagious. From preschool to high school, students’ and teachers’ immune systems are tested each return of the school year. As a local independent pharmacy owner, you can …
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Quick Tips For Selling CBD In Your Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue
Have you been on the sidelines regarding selling CBD in your pharmacy? Or, perhaps, you took action and ordered products that are really good at collecting dust. No matter where you are in your CBD journey, let’s get your pharmacy ready to help patients and boost your pharmacy profit. Sexy Sells Patients will pay for …
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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.
