Non-PBM Revenue

Oct 13 2024

75 Hard for Pharmacy Owners: A Path to Transform Your Pharmacy in 75 Days

By Dr. Lisa Faast | October 13, 2024 | Marketing, Non-PBM Revenue, Team Development

Join the 75 Hard for Pharmacy Owners program to transform yourself and your pharmacy in Q4. You might think the only way to make massive changes in your pharmacy is to complete massive projects and changes. However, as an independent pharmacy owner, I’ve found that it’s not the massive changes but the small, consistent actions […]

Sep 19 2024

Independent Pharmacy Profitability: Direct Billing Workers’ Compensation

By Dr. Lisa Faast | September 19, 2024 | Non-PBM Revenue

One of my favorite methods for increasing pharmacy profitability is direct billing for workers’ compensation. Over the years, I’ve made numerous videos and blogs on using direct billing for workers’ comp to increase pharmacy profitability. In fact, it is the first tactic I always ask about when speaking with a pharmacy owner who is struggling […]

May 24 2024

Why Non-PBM Revenue to Increase Pharmacy Profitability?

By Dr. Lisa Faast | May 24, 2024 | Non-PBM Revenue

Increasing your Non-PBM Revenue is a great way to increase your independent pharmacy’s profits. We all detest the PBMs. So, let’s focus on decreasing your dependence on them by increasing your non-PBM revenue. Having a significant portion of your pharmacy’s revenue tied to a PBM introduces uncertainty and anxiety for pharmacy owners. PBMs contribute to […]

May 9 2024

How To Start A Vaccine Program In Your Pharmacy

By Dr. Lisa Faast | May 9, 2024 | Marketing, Non-PBM Revenue, PBM Optimization

Are you finally thinking of starting a vaccine program in your independent pharmacy? Adding vaccine administration to your list of pharmacy services is a great way to serve and protect your community while increasing your pharmacy’s visibility, revenue, and profit. Let’s dive into how to start your pharmacy’s vaccine program. Most pharmacies can get a vaccine […]

Feb 28 2024

5 Tips for Increasing OTC Sales

By Dr. Lisa Faast | February 28, 2024 | Cash Based Revenue, Non-PBM Revenue

Too many pharmacy owners are leaving buckets of cash on the proverbial table by not focusing on selling more OTCs. We put together some tips to help you increase your OTC sales. Why doesn’t the typical independent pharmacy sell more OTCs? I think one of the main reasons is you don’t know how much you […]

Jan 31 2024

Best of 2023: Pharmacy Non-PBM Revenue

By Dr. Lisa Faast | January 31, 2024 | Non-PBM Revenue

Ditch your dependence on PBMs and grow your non-PBM revenue with this review of our top 2023 blogs. PBMs. Ugh. We feel the same. Don’t let the rule your pharmacy or ruin your profits. Let’s focus on helping you grow your non-PBM revenue. Yes! There are many opportunities that have nothing to do with a […]

3 pharmacy trends for pharmacy owners in 2024

Oct 26 2023

3 Trends for Independent Pharmacy Owners for 2024

By Dr. Lisa Faast | October 26, 2023 | 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 […]

Sep 29 2023

Maximizing Your Pharmacy’s Revenue and Impact: An Introduction to Remote Patient Monitoring and Chronic Care Management

By Dr. Lisa Faast | September 29, 2023 | Non-PBM Revenue

Clinical, non-PBM pharmacy growth is not only possible, but it can be easy to implement, help your patients, and boost your profits with remote patient monitoring and chronic care management. Pharmacists play a pivotal role in patient care, offering essential services such as medication reviews and patient education. However, these valuable services often go unrewarded […]

Sep 20 2023

Unlocking Pharmacy Profit Potential: Direct Billing Workers’ Compensation Prescriptions

By Dr. Lisa Faast | September 20, 2023 | Non-PBM Revenue

Direct Billing Workers’ Compensation has been my favorite Non-PBM Revenue strategy for quite some time and can add a much-needed boost to pharmacy profits! Of the various Non-PBM strategies available, direct billing workers’ comp is often overlooked and, quite frankly, often misunderstood. Let’s change our mindsets and explore the tremendous profit potential that comes with bypassing […]

Recurring Membership for Independent Pharmacies

Sep 15 2023

The Power of Monthly Recurring Revenue: Memberships for Independent Pharmacies

By Dr. Lisa Faast | September 15, 2023 | Non-PBM Revenue

Dramatically improve your independent pharmacy’s profits and sleep better at night with the power of Monthly Recurring Revenue. Three little letters that can change your pharmacy profits and how well you sleep at night: MRR. Monthly Recurring Revenue (MRR) Memberships are ideal for pharmacy owners who want to generate stable and predictable income streams and […]