Cash Based Revenue

Apr 4 2024

Semaglutide and Tirzepatide Resources for Independent Pharmacies

By Dr. Lisa Faast | April 4, 2024 | Cash Based Revenue

Summer Is Coming! Help your patients access the hottest weight loss medications with these semaglutide and tirzepatide resources for independent pharmacy owners, whether you compound or not. You can’t turn on the TV, read a newspaper, or scroll social media without running into the words Ozempic, Mounjaro, Wegovy, or semaglutide and tirzepatide. These medications have […]

Mar 28 2024

First Steps for Cash-Based Functional Medicine Pharmacy Revenue

By Dr. Lisa Faast | March 28, 2024 | Cash Based Revenue

Adding cash-based functional medicine revenue to your pharmacy is a potential goldmine for profits and tons of clinical satisfaction. As pharmacy continues to evolve, one area that has seen significant growth is functional medicine, a patient-centered approach to managing chronic diseases. For pharmacy owners, venturing into a cash-based functional medicine pharmacy can be a lucrative […]

Mar 15 2024

Pharmacy Profit Boost: Travel Medications

By Dr. Lisa Faast | March 15, 2024 | Cash Based Revenue, Marketing

Your pharmacy can be the key to a successful vacation by providing profit-boosting travel medications to your community. It’s spring break time, and summer camps, vacations, and travel plans are just around the corner. Your patients are spending their hard-earned money and limited time away from work on a vacation. They don’t want it spoiled […]

Mar 7 2024

4 Ways To Diversify Your Pharmacy’s Revenue

By Dr. Lisa Faast | March 7, 2024 | Cash Based Revenue

People love new and exciting things. Cater to this in your community by keeping up-to-date with the products and services your pharmacy offers. Diversify your revenue and keep your patients and profit margins happy. I don’t have to tell you that running a pharmacy is one of constant evolution, with slim profit margins from PBMs […]

Feb 28 2024

5 Tips for Increasing OTC Sales

By Dr. Lisa Faast | February 28, 2024 | Cash Based Revenue, Non-PBM Revenue

Too many pharmacy owners are leaving buckets of cash on the proverbial table by not focusing on selling more OTCs. We put together some tips to help you increase your OTC sales. Why doesn’t the typical independent pharmacy sell more OTCs? I think one of the main reasons is you don’t know how much you […]

Feb 15 2024

4 Ideas To Gamify Your Pharmacy’s OTC Sales

By Dr. Lisa Faast | February 15, 2024 | Cash Based Revenue

How would it feel to double, triple, or quadruple your pharmacy’s OTC sales? Trust me when I tell you, it will feel damn good. Increasing OTC sales can be the key to loving your pharmacy again! Those extra thousands in cash-based profit dollars will make a world of difference in your cash flow and how […]

Jan 4 2024

Best of 2023: Pharmacy Cash-Based Revenue

By Dr. Lisa Faast | January 4, 2024 | Cash Based Revenue

Let’s get you caught up with the best independent pharmacy cash-based revenue opportunities in 2023 with our most popular blogs. The year 2023 was another dynamic year for independent pharmacies, filled with challenges and opportunities. To ensure you stay ahead of the curve, we’re recapping our most popular 2023 blogs for each Pharmacy Profit Pillar, […]

Dec 14 2023

Solve Problems & Maximize Revenue With On-Hold Messaging

By Dr. Lisa Faast | December 14, 2023 | Cash Based Revenue, Marketing

Let’s chat about creative ways to solve patients’ problems and maximize revenue using your pharmacy’s phone! Finding innovative ways to boost revenue isn’t just a smart business move in our highly competitive pharmacy industry; it’s necessary for long-term success. Savvy pharmacy owners focus on in-store strategies to boost revenues from current patients. One often overlooked […]

Dec 7 2023

Increasing Per-Patient Spending In Independent Pharmacy

By Dr. Lisa Faast | December 7, 2023 | Cash Based Revenue, PBM Optimization

The lowest-hanging fruit to grow your pharmacy profitably is to increase per-patient spending. The lowest-hanging fruit to grow your pharmacy profitably is to increase per-patient spending from your current customer base. Running a profitable pharmacy requires more than just providing the right medications and healthcare products. It’s essential to maximize every patient’s spending to thrive […]

3 pharmacy trends for pharmacy owners in 2024

Oct 26 2023

3 Trends for Independent Pharmacy Owners for 2024

By Dr. Lisa Faast | October 26, 2023 | Cash Based Revenue, Non-PBM Revenue

2024 is bringing a lot of changes for pharmacy owners. Here are three trends you should incorporate into your pharmacy for success. The pharmacy industry is no stranger to change. Constant updates to contracts, the supply chain, and patient expectations have shaped the way pharmacy owners should approach 2024 and beyond. With new challenges come […]