Cash Based Revenue
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 […]
Increasing Per-Patient Spending In Independent Pharmacy
By Dr. Lisa Faast | | 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 Trends for Independent Pharmacy Owners for 2024
By Dr. Lisa Faast | | 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 […]
Unleash Power of Glutathione For Your Patients & Pharmacy Profits
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
Glutathione continues to gain popularity, and your independent pharmacy can be the glutathione expert in your community to help boost your patients’ health and your pharmacy profits. Few compounds hold as much significance as glutathione in the realm of antioxidants. Often referred to as the “master antioxidant,” glutathione is crucial in maintaining optimal health and […]
Independent Pharmacy Compliance Controlled Drug Recordkeeping
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization
Are you ready for your next BOP or DEA controlled drug inspection? Ensure you are with C2 Keep’s innovative controlled drug recordkeeping solution. Are you 100% sure you are performing all requirements to maintain compliance with the Controlled Substance Act (CSA)? We all agree that maintaining full compliance is a must, AND the details can fall through […]
Navigating Innovation and Insights: Unveiling the Gems of the NACDS Total Store Expo for Independent Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue, Marketing
Guest Blog by DiversifyRx CRO, Heather Haro In a constantly evolving independent pharmacy landscape, staying up-to-date with the latest products, services, and strategies is vital for pharmacy owners. The NACDS Total Store Expo, an annual event hosted by the National Association of Chain Drug Stores (NACDS), provides a platform for attendees to immerse themselves in […]
Selling Weight Loss Products with Integrity
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
The global weight loss supplements market grew from $34.5 billion in 2022 to $39 billion in 2023. As a trusted healthcare provider, your independent pharmacy has a unique opportunity to support your customers’ wellness journey by offering a thoughtfully considered selection of weight loss products. But it’s important to approach this undertaking with integrity, focusing on […]
Expand Your Pharmacy Revenue Streams with Educational Classes
By Dr. Lisa Faast | | Cash Based Revenue
One of the desires of many pharmacy owners is to diversify their revenue streams to grow. While we know that dispensing medications is a main function, expanding services and offering educational classes is a great way to add additional revenue and establish your pharmacy as a community resource. Community education, also known as community-based education […]
Most Amazing Summer Promotions to Grow Pharmacy Profit
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue
Attract new paying customers to your independent pharmacy by highlighting summer promotions to grow pharmacy profit. Summer is not only a season filled with sunshine, vacations, and a sense of adventure. It is also an excellent time for pharmacies to increase their profits by offering promotions that appeal to customers. So let’s dive in and […]
Four Hot OTC Products for Pain Patients
By Dr. Lisa Faast | | Cash Based Revenue, Marketing, Non-PBM Revenue
Helping patients with pain can be both clinically rewarding and great for your bottom line too! Stop The Pain Pain, pain go away is often the song that many of your patients are singing when they come through the doors of your pharmacy, and for good reason, no one likes pain! One of my crusades […]
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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.