Team Development

Mar 16 2023

Badass Staff Meetings: Here is the Formula

By Dr. Lisa Faast | March 16, 2023 | Team Development

Let’s talk about all things staff meetings We don’t have a choice. Running staff meetings is a necessity we can not ignore if we want to create a badass pharmacy team. Staff meetings are an opportunity to gain more team engagement, discuss new and upcoming initiatives, collaborate on ideas, learn what’s working and what’s not, …

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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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Jan 11 2023

Jun 16 2022

Team Development: The Fifth Pillar to Pharmacy Profitability

By Dr. Lisa Faast | June 16, 2022 | Team Development

Your team of employees has a huge impact on your profitability. When it comes to pharmacy profitability, you have to consider how your employees can contribute to or lessen your profitability. I have learned over the years, that you can’t do this alone and your team will make you or break you. For these reasons, …

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Apr 20 2022

How to Quickly Lower Your Pharmacy Payroll Without Firing Anyone

By Dr. Lisa Faast | April 20, 2022 | KPI Optimization, Team Development

Your pharmacy payroll has the power to make you or break you. We consider it one of the 3 critical KPIs (key performance indicators). How Do You Know If Your Pharmacy Payroll is High, Low, or Just Right? To determine your payroll grade, you need to calculate your payroll ratio. Your payroll ratio is a …

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Apr 14 2022

How A Diverse Pharmacy Team Increases Patient Satisfaction and Pharmacy Profits

By Dr. Lisa Faast | April 14, 2022 | Team Development

When your pharmacy team can better serve your community of patients, they will like you more and your bottom line will benefit. Pharmacies have always been an essential part of the healthcare system. While our role has been focused on dispensing prescriptions, pharmacies have also taken on a new part: giving health and wellness services …

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Apr 5 2022

4 Signs Your Pharmacy Leadership Skills Need A Boost

By Dr. Lisa Faast | April 5, 2022 | Team Development

Here are 4 signs you may need a booster for your leadership skills—guest post by Heather Haro. I have a big crazy family! The current chaos count is 7, almost grown children and 12 grandchildren. Yep! 11 grandboys and 1 brand new little baby grandgirl! My Household Is My Business I have run my household …

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Mar 24 2022

Ideas For Pharmacy Employee Bonus Program

By Dr. Lisa Faast | March 24, 2022 | Team Development

One of the most common topics coming up on our social media pages and inbox is employee bonus programs. Employee Bonus and Benefit Levers Retaining critical key employees is a secret weapon of uber-successful pharmacy owners. One of the best ways to keep your employees happy and therefore your patients happy is to adjust the …

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Feb 10 2022

Your Pharmacy’s Biggest Competition

By Dr. Lisa Faast | February 10, 2022 | Team Development

Have you ever wondered who your pharmacy’s biggest competition is? The answer is not the big box across the street or the popular online pharmacy. Instead, it is much closer to home. Just take a look in the mirror. Internal barriers are much more potent than anything external. As the pharmacy leader, you need to …

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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 …

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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.