KPI Optimization

How can you help your patients when they experience weight loss failures with GLP-1s semaglutide and tirzepatide? While semaglutide and tirzepatide are amazing, weight loss failures can happen. These instances are frustrating for you and your patient. After helping hundreds of pharmacies launch GLP-1 weight loss programs, we have seen weight loss failures of about […]

Failure will help make your pharmacy better and stronger; it’s time to embrace it. Want a highly successful pharmacy? Start by embracing failure. Running a pharmacy isn’t all smooth sailing, but here’s a hard truth: failure is your best teacher. One of the biggest lessons I’ve learned as a pharmacy owner is that embracing failure […]

Ensure your pharmacy valuation is as strong as it should be by understanding add-backs. I have been looking for another pharmacy to buy and thus have been doing a ton of pharmacy valuations along the way. It has been a great reminder that maintaining accurate financial records is a must. It is also important to […]

Effective pharmacy inventory management can make or break your business—and your bank account—in the ever-evolving landscape of independent pharmacies. As pharmacy owners, we know millions of dollars are tied up in inventory annually. How often have you stared at expired or slow-moving medications, realizing that your hard-earned money is gathering dust on the shelves? With MatchRx, you can seamlessly buy and sell short-dated and surplus medications, turning stagnant inventory into cash flow and reducing waste. It’s a powerful tool to help independent pharmacies optimize their inventory management and improve their bottom line.

Small Dispensers and the 6/12/2024 FDA Announcement Concerning DSCSA This week’s article on the recent DSCSA postponement comes from PRS Pharmacy Services. The original article can be found HERE. Join our next Awesome Webinar Series with guest legal guru JD from Real Value Rx to answer any questions you have about the DSCSA delay. The […]

Elevate Your Pharmacy: The Power of Preparation Preparation is the only way to make your pharmacy a success. The only way to be certain of the future is to create it. As independent pharmacy owners, we know how crucial it is to stay ahead of the game. The independent pharmacy landscape is always evolving, and […]

This week’s tax-saving tips for independent pharmacy owners come from Sean at Integrity Pharmacy Consultants. I highly recommend Sean and his team if you are buying, selling, or transferring a pharmacy. See the original post HERE. Many people, including experienced attorneys and CPAs, are surprised to learn that an individual owner, shareholder, or member can […]

How to build a resilient and successful business, according to the great Charlie Munger. Many people influence us as individuals and as business owners. One such figure who has profoundly influenced my approach to business is Charlie Munger. Charlie Munger was chairman of Berkshire Hathaway and was one of the most successful businessmen along with […]

Moneyball is a fantastic movie on so many levels, and my business brain can’t help but glean pharmacy business lessons each time I watch it.  Imagine an industry in which the little guys, who are cash-strapped, have to compete against the big guys with seemingly unlimited budgets.  How is the little guy supposed to win?  […]

In the hustle of pharmacy management, providing exceptional patient care and ensuring high levels of customer satisfaction are top priorities for pharmacy owners. Here’s how you can break down tracking customer satisfaction to create more recurring and repeat business for your pharmacy. As a pharmacist or pharmacy owner, you already know the importance of delivering […]