Non-PBM Revenue

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. […]

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 […]

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: There are many examples of clinical revenue, such as MTMs, annual wellness visits, LTC consulting, food sensitivity testing, travel vaccines, and more. Many pharmacy […]

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 […]

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 […]

May 25 2022

Non-PBM Revenue: The Second Pillar to Pharmacy Profitability

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

...codes, I recommend Mobile Mediclaim. They are a one-stop shop and provide everything from A to Z. Kandy Morris, of Creds 4 U, is a fantastic resource to get credentialed...

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, […]

Feb 14 2022

Pharmacy Profit Niche Worker’s Compensation

By Dr. Lisa Faast | February 14, 2022 | Non-PBM Revenue

Pharmacy profit doesn’t have to be elusive. Many proven strategies will help you serve your patients better and increase your pharmacy’s profit. You will need to choose which one(s) to focus on and then go all-in on them to increase pharmacy profit. One of my favorite pharmacy profit niches is worker’s compensation prescriptions. It is […]

Jan 20 2022

6 Pillars of Pharmacy Profit – Top 2021

By Dr. Lisa Faast | January 20, 2022 | Cash Based Revenue, KPI Optimization, Marketing, Non-PBM Revenue, PBM Optimization, Team Development

Having a thriving, successful pharmacy means you need to take an active approach to your pharmacy profit. Being average will not keep you in business – that’s what I always say. You need to be awesome! To succeed in the pharmacy world, you are continuously implementing new ways of doing things, and with the ever-changing […]

Dec 1 2021

Pharmacy Point of Care Testing in 2022

By Dr. Lisa Faast | December 1, 2021 | Cash Based Revenue, Non-PBM Revenue

Point of care testing (POCT) is a perfect additional revenue stream for all retail pharmacies. Let’s take a look at POCT for 2022. Boosting Cash-Based Revenues POCT for pharmacies took a giant leap forward during the pandemic. With HHS’ massive scope expansion for pharmacists to help with COVID leading the way, many pharmacies are now […]