Non-PBM Revenue

Mar 3 2023

5 Things to Consider Before You Open a Pharmacy

By Dr. Lisa Faast | March 3, 2023 | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization, Team Development

What You Need to Know Before You Open a Pharmacy The pharmacy industry is a complex one. Likewise, opening a pharmacy can be complicated. In order to succeed, you need to be a master of both medicine and commerce. This is a guest post blog from our friends at PioneerRx. There isn’t a clear roadmap …

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Feb 9 2023

COVID Benefits Are Changing

By Dr. Lisa Faast | February 9, 2023 | Cash Based Revenue, Marketing, Non-PBM Revenue

While COVID will be sticking around, many of the patient financial COVID benefits will be going away soon. The COVID-19 pandemic has brought about numerous changes in the way we live and access healthcare. The emergency COVID measures that are currently active now have an expiration date: May 11, 2023. This means that in just …

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Dec 22 2022

Nov 3 2022

Point of Care Testing: Increasing Your Pharmacy Profit

By Dr. Lisa Faast | November 3, 2022 | Cash Based Revenue, Marketing, Non-PBM Revenue

Adding or growing a point-of-care testing revenue stream is a fantastic way to increase your pharmacy profit. Here in the world of DiversifyRx, we have been knee-deep in point-of-care testing since we launched our new POCT on-demand course and our unique eight-week coaching program with Dr. Kristin Tallent. November is when peak testing season starts. …

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Oct 5 2022

NCPA Annual Convention Exhibitor Recap 2022

By Dr. Lisa Faast | October 5, 2022 | KPI Optimization, Non-PBM Revenue, PBM Optimization

Here are the 10 most exciting companies I saw at the 2022 NCPA annual convention. NCPA held its 2022 annual convention in Kansas City. I know Ian kept some people home, as did some sickness. Fear not if you missed attending! I will recap the most exciting and profit-creating companies I saw on the exhibitor …

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Sep 6 2022

4 Easy Strategies to Increase Clinical Revenue for Independent Pharmacies

By Dr. Lisa Faast | September 6, 2022 | Cash Based Revenue, Non-PBM Revenue

You can reduce your pharmacy’s reliance on PBMs by earning more revenue from clinical services. How is clinical revenue or service-based revenue defined? My definition of clinical revenue has two components: It is revenue that does not flow through a PBM. It leverages your pharmacist’s intellectual knowledge and skills. There are many examples of clinical …

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Sep 2 2022

Pharmacy Profit Summit Speaker Highlights Bonus Day

By Dr. Lisa Faast | September 2, 2022 | Cash Based Revenue, Non-PBM Revenue

Yes! We had a special Bonus Day event at the Pharmacy Profit Summit that focused solely on functional medicine and clinical-based pharmacy revenue and profits. Our 2022 Pharmacy Profit Summit was special as we added a pre-event Bonus Day. We gathered the leaders from functional medicine and clinical pharmacy programs to take attendees through the …

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Aug 19 2022

Pharmacy Profit Summit Speaker Highlights 2022 Day 1

By Dr. Lisa Faast | August 19, 2022 | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization

Thank you to everyone who joined us for the Pharmacy Profit Summit 2022! We are still amazed at the lineup of extraordinary speakers at the summit. Our event did sell out. We know that not everyone who wanted to attend could; even some with tickets got the dreaded positive test and couldn’t make it. In …

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May 25 2022

Non-PBM Revenue: The Second Pillar to Pharmacy Profitability

By Dr. Lisa Faast | May 25, 2022 | KPI Optimization, Non-PBM Revenue

As we continue to work on building a profitable foundation for your pharmacy, let’s dive into our second pillar to pharmacy profitability which is Non-PBM Revenue. Why Non-PBM Revenue to Increase Pharmacy Profitability? We all hate the PBMs. Having so much of your pharmacy’s revenue come through a PBM creates uncertainty and anxiety for pharmacy …

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May 12 2022

Update To Remote Patient Monitoring Billing

By Dr. Lisa Faast | May 12, 2022 | Non-PBM Revenue

Interest in Remote Patient Monitoring (RPM) services has skyrocketed in the past few months. Here’s what you need to know. Remote Patient Monitoring, Remote Physiologic Monitoring, and Remote Therapeutic Monitoring are growing trends in healthcare, and they can benefit pharmacies of all sizes. By providing RPM services, pharmacies can improve patient outcomes, increase medication adherence, …

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Remote Patient Monitoring: Help Your Patients, Help Your Pharmacy

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.