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 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 […]

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: 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 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 […]

Give your pharmacy profit a boost in the new year by finishing this year strong. As the year winds down, most pharmacy owners are thinking about holiday parties, family gatherings, and perhaps which cookies they can justify eating without too much guilt instead of their pharmacy profit. But for highly successful pharmacy owners? We’ve got […]

Pharmacy cash flow is still struggling even though the DIR Fee Apocalypse is over. Read on to get 7 practical tips to improve your pharmacy’s cash flow. Pharmacy cash flow is the heartbeat of your business—it keeps the lights on, the shelves stocked, and your team paid. However, in today’s pharmacy landscape, cash flow challenges […]

The pharmacy cash flow crisis for independent pharmacy owners is NOT over! Master these 3 KPIs and dramatically improve your cash flow before the end of the year. The so-called DIR Fee Apocalypse may be over, but don’t let that give you a false sense of security. For many independent pharmacy owners, pharmacy cash flow […]

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.