Non-PBM Revenue
Increasing non-PBM Revenue can lessen the stranglehold PBMs have on your pharmacy. Owning a pharmacy is hard work. What it shouldn’t be is confusing. If you find yourself unsure of what to focus on or how to improve your pharmacy, it is time to go back to the basics. There are only six key areas, […]
Pharmacy Growth: How To Partner With Plastic Surgeons
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
...blue ocean in the business marketing world, based on the best-selling book Blue Ocean Strategy. Here is a short summary. Saturated markets are called a red ocean because so many...
Grow Your Pharmacy With Pharmacy Intern Graduates
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue, Team Development
Another class of pharmacy intern graduates has arrived. Here are a few popular ways you can leverage a pharmacy intern in your pharmacy. The job market for pharmacists is soft, like butter outside in the summer soft. Chain pharmacy salaries are plummeting, hospitals aren’t hiring, and new graduates need a job. Independent pharmacy owners are […]
Remote Patient Monitoring – The Other Clinical Service
By Dr. Lisa Faast | | Non-PBM Revenue
Remote Patient Monitoring is DiversifyRx’s pick for the top program of the year for independent pharmacy owners. This post is an expansion of the published article written by Dr. Lisa Faast in America’s Pharmacist Magazine March 2021, “Patient Care Wherever They Are”. Has the siren of clinical services been calling you? If you are like […]
How To Compete Against Amazon Pharmacy and Win Part 4
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue, PBM Optimization
Stop competing against Amazon Pharmacy (and other big-box pharmacies) because you are not in the same business they are in. Sure, you both sell prescription drugs, but that doesn’t mean you are in the same business. That would mean a drive-thru food joint and a steakhouse are in the same business because they sell food. […]
How To Compete Against Amazon Pharmacy and Win Part 2
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
Here is part 2 of How To Compete Against Amazon Pharmacy and Win, focusing on the unique services you can provide and Amazon Pharmacy can’t. If you missed part 1, read it now HERE. Part 1 focuses on dispensing unique prescriptions that Amazon Pharmacy can’t. Amazon Pharmacy can do many things best in class; logistics, […]
3 Easy Strategies to Increase Your Clinical Revenue for Independent Pharmacies
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
Dump your reliance on PBMs by diversifying your revenue to include more service-based and clinical revenue. To rely less on PBMs, you have to create new revenue streams outside of their influence. Clinical services have long been sought as a way to achieve this goal. How is clinical revenue or service-based revenue defined? My personal […]
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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.