How To Ditch Independent Pharmacy Owner Overwhelm
By Dr. Lisa Faast | | KPI Optimization, Team Development
Being overwhelmed as a pharmacy owner might be common, but we shouldn't accept it as normal.
Let's shatter the myth and the status quo that owning a pharmacy has to be confusing, hair-pulling, and overwhelming. Sure, there are a lot of things you have to pay attention to. That doesn't mean you have to feel like you are drowning.
By implementing some systems and structure changes into your day-to-day, you can control your day (and your pharmacy) rather than it controlling you.
The Importance of Knowing Your Audience
By Dr. Lisa Faast | | KPI Optimization
Knowing your audience is rule #1 for a successful business! It is especially important for brick-and-mortar businesses like pharmacies. Knowing your audience’s likes and dislikes, and preferences show that 1. you care about them as people, and 2. you are the right business for them. Now this blog does have some how-tos, but take this …
How To Maximize Pharmacy Profit Opportunities with Hair Loss Patients
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue
Hair loss will affect men and women and can happen at any age. Hair loss spending is over 23 Billion dollars annually (at least in 2021). Yes, that is Billion with a ‘B’. Your pharmacy could be missing its share of this enormous market because you aren’t targeting patients willing to pay cash for products …
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What Makes A Independent Pharmacy Expert?
By Dr. Lisa Faast | | KPI Optimization
There are "experts" everywhere nowadays. A new one for pharmacy owners pops up at least weekly. What really makes an expert?
Guest post by Heather Haro.
Tips for Marketing Weight Loss to Prescribers
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue
Unless you have been hiding under a rock, you probably noticed that weight loss drugs are a hot topic and your independent pharmacy can utilize this strategy.
How Delegation Can Transform Your Independent Pharmacy
By Dr. Lisa Faast | | Team Development
Effective delegation is a critical differentiator between highly successful independent pharmacy owners and those who barely get by.
Time Bucketing is Magic for Independent Pharmacy Owners
By Dr. Lisa Faast | | KPI Optimization, Team Development
Increase your productivity by implementing time bucketing into your life and decrease the overwhelm you experience as a pharmacy owner. Are you caught in the tornado of daily operations? Do you feel like a full-time ‘Pharmacy Firefighter’? How about like the cat chasing the laser pointer? From the clutter of the stuff and to-dos that …
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Pharmacy Marketing: Urgent Strip Packaging Opportunity
By Dr. Lisa Faast | | Marketing
If you provide strip or multi-dose packaging, you were just handed a golden egg from CVS and an easy Pharmacy Marketing strategy. SimpleDose is no more; now is the time to kick your pharmacy marketing into high gear! CVS suddenly announced the discontinuation of its strip packaging services. Patients were given zero warning and told …
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Cash Flow Secrets: 7 Tips to Improve Your Cash Flow
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, Non-PBM Revenue, PBM Optimization
Improving your pharmacy's cash flow is more critical than ever before! From the 2024 DIR fee apocalypse to aggressive audits to dwindling profits.
5 Proven Strategies for Growing Your Compounding Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue, Team Development
The interest in compounding has definitely increased recently. Use these 5 proven strategies to grow your compounding prescriptions and profits. I love compounding. It was my first passion in pharmacy. For me, every potential compounding patient is a problem that needs solving. Big pharma medicine can help most people but can’t help everyone or every …
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About DiversifyRx
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.
