Cash Based Revenue

Mar 8 2023

Pharmacy Growth Strategy: Adding Delivery Service

By Dr. Lisa Faast | March 8, 2023 | 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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Mar 3 2023

5 Things to Consider Before You Open a Pharmacy

By Dr. Lisa Faast | March 3, 2023 | 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 …

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Feb 9 2023

COVID Benefits Are Changing

By Dr. Lisa Faast | February 9, 2023 | 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 …

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Dec 16 2022

Nov 17 2022

How to Have a Holly Jolly Hempmas from Ananda Professional

By Dr. Lisa Faast | November 17, 2022 | 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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Nov 3 2022

Point of Care Testing: Increasing Your Pharmacy Profit

By Dr. Lisa Faast | November 3, 2022 | 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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Oct 27 2022

Options For Financing Pharmacy Working Capital

By Dr. Lisa Faast | October 27, 2022 | 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 …

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Sep 29 2022

Monkeypox and Your Pharmacy

By Dr. Lisa Faast | September 29, 2022 | 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. …

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Sep 6 2022

4 Easy Strategies to Increase Clinical Revenue for Independent Pharmacies

By Dr. Lisa Faast | September 6, 2022 | 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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Sep 2 2022

Pharmacy Profit Summit Speaker Highlights Bonus Day

By Dr. Lisa Faast | September 2, 2022 | 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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Remote Patient Monitoring: Help Your Patients, Help Your Pharmacy

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.