What are ACOs and Why Pharmacy Owners Should Care
By Justin | | Marketing
ACOs are one of the many organizations that pharmacy owners can partner with to bring better patient care and increase revenues. In this blog, our good friend Kris Rhea from Biolyte will help us dive into ACOs and their impact on the independent pharmacy owner. About Kris Kris has been working in the independent pharmacy …
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How to Have a Holly Jolly Hempmas from Ananda Professional
By Dr. Lisa Faast | | Cash Based Revenue
With the upcoming holidays, let’s talk about leveraging Ananda Professional’s brand-spanking-new packages to help boost patient satisfaction and pharmacy profits! During the holidays, people are in the buying spirit. They are looking for gifts for others and will often choose a little something for themselves. Now is the perfect time to highlight the awesomeness of …
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Getting Started with Doctor Detailing
By Dr. Lisa Faast | | Marketing
Doctor detailing is essential to your pharmacy’s growth and marketing strategy plan. Doctor Detailing Basics I often refer to doctor visits as dating. You’re dating multiple doctors, and each one has their personality. Some are needy, some like gifts, and some like to be left alone. Therefore, you must adapt the concepts in this article …
Point of Care Testing: Increasing Your Pharmacy Profit
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue
Adding or growing a point-of-care testing revenue stream is a fantastic way to increase your pharmacy profit. Here in the world of DiversifyRx, we have been knee-deep in point-of-care testing since we launched our new POCT on-demand course and our unique eight-week coaching program with Dr. Kristin Tallent. November is when peak testing season starts. …
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Options For Financing Pharmacy Working Capital
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization
Many pharmacy owners will need a source of working capital at some point in their ownership journey. Pharmacy Cash Flow Is Tight Recently we put up a poll on our LinkedIn and Facebook pages, asking pharmacy owners if they were interested in learning about financing working capital. The overwhelming response was YES, as many pharmacy …
Monetizing At-Home COVID Tests
By Dr. Lisa Faast | | KPI Optimization
Learn how to dispense at-home COVID tests for covered patients with no copay. And if you are already using this strategy, learn some boosting tips. You Need To Dispense At-Home COVID Tests I ran into many pharmacy owners at the NCPA conference who were unaware that you could dispense up to eight at-home COVID tests …
DEA Drug Takeback 2022: Strategy to Capture New Patients
By Dr. Lisa Faast | | Marketing
Let’s explore how you can use the DEA Drug Takeback day in October to get new patients to your pharmacy for FREE! When it comes to pharmacy marketing, I am all about marketing in many different ways and using more of a guerilla marketing method as a foundation before you start paying for a bunch …
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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 …
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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.
