KPI Optimization
Let’s be honest—most presidential press conferences don’t get pharmacy owners’ hearts racing. But this one? This one… announcing the Trump Executive Order on prescription drug pricing, dropped some jaws. President Trump’s latest executive order on prescription drug pricing may have just cracked the door open for the biggest shakeup we’ve seen in decades. From cutting […]
Sports Pharmacy: What Pharmacy Owners Can Learn from Legends Like Michael Phelps, Kobe Bryant, and Michael Jordan
By Dr. Lisa Faast | | KPI Optimization
To be great, it is best to learn from greats. Doesn’t matter if they are a pharmacy owner or a gold medalist. Greatness often has a pattern, and here are some lessons pharmacy owners can learn from some sports legends. Let’s get you thinking with a sports pharmacy mindset! Let me ask you a question: […]
Pharmacy Profit: Seasonal Promotions For The Win
By Dr. Lisa Faast | | KPI Optimization
To maximize pharmacy profit, keep the products your patients are looking for front and center. Seasons change, and so do your customers’ needs. From allergy relief in the spring to immunity boosters in the winter, each season brings unique opportunities to attract patients and increase pharmacy profit. The key to success? Well-planned, well-executed seasonal promotions. […]
Pharmacy Employee Recognition: Boost Morale & Retention
By Dr. Lisa Faast | | KPI Optimization
The Power of Pharmacy Employee Recognition: How to Boost Morale and Retain Your Pharmacy Team Your employees are the heart of your pharmacy, and recognizing their hard work is one of the simplest yet most effective ways to boost morale, improve performance, and keep your team happy. In the hustle of daily operations, it’s easy […]
Diabetic Testing Supplies: Don’t Get Burned
By Dr. Lisa Faast | | KPI Optimization
Don’t Get Burned: What Every Pharmacy Owner Needs to Know About Diabetic Testing Supplies Let’s talk about something that’s come up in multiple conversations with pharmacy owners lately—and it’s a topic you can’t afford to ignore: diabetic testing supplies. Whether you’re billing Medicare, selling to cash patients, or stocking your shelves for convenience, diabetic testing […]
Pharmacy Inventory Spring Cleaning Steps
By Dr. Lisa Faast | | KPI Optimization
Spring is here, and you know what that means: time to clean house! But before you grab your mop and duster, let’s talk about a different kind of cleaning—your pharmacy inventory. Pharmacy inventory is the lifeblood of your pharmacy, but if not managed properly, it can also be your biggest headache and a black hole […]
Pharmacy Cash Flow Pain Remains Even After The End Of The DIR Fee Apocalypse
By Dr. Lisa Faast | | KPI Optimization
Pharmacy cash flow is still struggling even after the end of the DIR Fee Apocalypse DIR fees: the three letters that have kept pharmacy owners awake at night for years. Now that the so-called “DIR Fee Apocalypse” has come and gone, you might be thinking, “Finally, some relief!” But if you’re anything like most independent […]
Pharmacy Growth Tricks: Double Your Pharmacy Success in 2025
By Dr. Lisa Faast | | KPI Optimization
I’m a pharmacy growth nerd. I’ve built businesses, consulted for pharmacies across the country, and helped owners take control of their profitability. If there’s a goal that can help your pharmacy thrive, you better believe I’m all over it. Because goals are the fastest way to bridge the gap between where your pharmacy is today […]
Tax Savings For Pharmacy Owners
By Dr. Lisa Faast | | KPI Optimization
Tax Savings for Pharmacy Owners: What You Need to Know Taxes might not be the most exciting topic, but they’re crucial to your financial health as a pharmacy owner. Knowing how to navigate deductions, credits, and tax planning strategies can make a big difference in your bottom line. Every dollar saved on taxes is a […]
KPI Optimization In Independent Pharmacy: Top 5 Blogs From 2024
By Dr. Lisa Faast | | KPI Optimization
KPI optimization is critical to improving the performance of your independent pharmacy. If you don’t measure it, you can’t improve it—this statement has never been truer for pharmacy owners. Key Performance Indicators (KPIs) are the benchmarks of success, providing insights into your pharmacy’s performance and guiding smarter decisions. Yet, many pharmacy owners overlook this critical […]
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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.