Badass Staff Meetings: Here is the Formula
By Dr. Lisa Faast | | Team Development
Let’s talk about all things staff meetings We don’t have a choice. Running staff meetings is a necessity we can not ignore if we want to create a badass pharmacy team. Staff meetings are an opportunity to gain more team engagement, discuss new and upcoming initiatives, collaborate on ideas, learn what’s working and what’s not, …
Pharmacy Growth Strategy: Adding Delivery Service
By Dr. Lisa Faast | | Cash Based Revenue, Marketing
Adding a delivery service can improve your pharmacy growth through new patients and increase your revenue per patient. As a pharmacy business owner, you’re no stranger to the daily grind of trying to find ways to boost your bottom line and keep your patients happy. But what if we told you there was a way …
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5 Things to Consider Before You Open a Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization, Team Development
What You Need to Know Before You Open a Pharmacy The pharmacy industry is a complex one. Likewise, opening a pharmacy can be complicated. In order to succeed, you need to be a master of both medicine and commerce. This is a guest post blog from our friends at PioneerRx. There isn’t a clear roadmap …
What Makes Your Pharmacy Unique?
By Dr. Lisa Faast | | Marketing
The other USP your pharmacy needs to rule your market When pharmacists see USP, our brains automatically translate it to United States Pharmacopoeia. Which is a critically important USP for pharmacies. However, there is another USP that is vitally important if you are a pharmacy owner. Unique Selling Proposition, aka USP. This is a marketing …
COVID Benefits Are Changing
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue
While COVID will be sticking around, many of the patient financial COVID benefits will be going away soon. The COVID-19 pandemic has brought about numerous changes in the way we live and access healthcare. The emergency COVID measures that are currently active now have an expiration date: May 11, 2023. This means that in just …
2024 DIR Fee Changes
By Dr. Lisa Faast | | KPI Optimization, PBM Optimization
What is the DIR Fee Apocalypse? Everything You Need To Know. DIR Fees are the bane of any pharmacy owner. Make sure you are ready for the changes coming in 2024. If you’re a pharmacy owner, you know DIR fees and how they can negatively impact the cash flow of your pharmacy. What many pharmacy …
Critical Balance of Profit and Cash Flow for Pharmacy Owners
By Dr. Lisa Faast | | KPI Optimization
Your pharmacy needs a balance of both cash flow and profits to thrive. Winter Is Coming This is even more critical now with the upcoming changes to DIR fees in 2024. These changes will strangulate cash flow for pharmacies for the first several months of 2024. I have been calling this the 2024 DIR Fee …
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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 …
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Top 2022 Pharmacy Blog Posts For Independent Pharmacy Team Development
By Dr. Lisa Faast | | Team Development
Check out our Top 2022 articles on Team Development for Independent Pharmacies. Last week we shared our Top 2022 Pharmacy Blog posts for Independent Pharmacy Marketing, which covers our 4th Pharmacy Profit Pillar Marketing. This week we will dive into the most popular blogs from 2022 that focus on Team Development, our fifth Pharmacy Profit …
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Top 2022 Pharmacy Blog Posts for Independent Pharmacy Marketing
By Dr. Lisa Faast | | KPI Optimization
Pharmacy marketing is one of our favorite topics at DiversifyRx. Here are our top blogs to help you improve your pharmacy’s marketing. Last week we shared our Top 2022 Blog Resources To Optimize your PBM Revenue, which covers our third Pharmacy Profit Pillar PBM Optimization. This week we will dive into the most popular blogs …
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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.
