PBM Optimization

Dec 16 2020

How To Compete Against Amazon Pharmacy and Win Part 4

By Dr. Lisa Faast | December 16, 2020 | 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. […]

Amazon Pharmacy Independent Pharmacy Part 1

Nov 19 2020

How To Compete Against Amazon Pharmacy and Win Part 1

By Dr. Lisa Faast | November 19, 2020 | PBM Optimization

Independent pharmacies can and should win against Amazon Pharmacy. On November 17, 2020, it happened. Amazon officially became a pharmacy with Amazon Pharmacy. How can you compete against behemoth Amazon? Independent pharmacies are the best sector to be able to do this. This 4-part series will give a new perspective and strategies you can implement […]

Nov 17 2020

To Be Direct Or Not To Be Direct

By Dr. Lisa Faast | November 17, 2020 | PBM Optimization

Have you considered having a pharmacy direct contract with PBMs? Getting a pharmacy direct contract is a hot topic because pharmacies are continuously getting squeezed with no end in sight. Should you change your PSAO affiliation? Would your pharmacy be better off with a direct contract? Only you can answer these questions. To help you decide, […]

Oct 26 2020

Holy Moly! Audits Galore – What You Need To Know

By Dr. Lisa Faast | October 26, 2020 | PBM Optimization

PBMs are making up for lost pharmacy audit time, and it’s you and me that are paying for it. During the height of the pandemic, PBMs were forced to stop sending pharmacy audits. This pause was welcomed relief as many pharmacies were trying to figure out how to operate amid a global pandemic. Instead of […]

Sep 27 2020

What’s The Scoop With Test Claims?

By Dr. Lisa Faast | September 27, 2020 | PBM Optimization

The dos and don’ts of pharmacy test claims. Can I, Should I, How do I…? Test claim questions are everywhere; it seems. Should I submit test claims? Will you get audited because of test claims? What is a test claim? While the definition will vary based on who you ask, mine is simple. A test […]

Sep 15 2020

HHS Gives Pharmacists Expanded Vaccine Authority For COVID

By Dr. Lisa Faast | September 15, 2020 | Cash Based Revenue, PBM Optimization

HHS Gifts Pharmacists Expanded Vaccine Authority in Preparation for COVID Vaccine Yes! This means you can give immunizations, if you meet the requirements, without having a protocol or collaborative practice agreement regardless of which state you are in because of the pharmacist expanded vaccine authority. Working at the top of your license! On August 19th, […]

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