Team Development

May 26 2023

How To Ditch Independent Pharmacy Owner Overwhelm

By Dr. Lisa Faast | May 26, 2023 | KPI Optimization, Team Development

Being overwhelmed as a pharmacy owner might be common, but we shouldn't accept it as normal. Let's shatter the myth and the status quo that owning a pharmacy has to be confusing, hair-pulling, and overwhelming. Sure, there are a lot of things you have to pay attention to. That doesn't mean you have to feel like you are drowning. By implementing some systems and structure changes into your day-to-day, you can control your day (and your pharmacy) rather than it controlling you.

Apr 21 2023

How Delegation Can Transform Your Independent Pharmacy

By Dr. Lisa Faast | April 21, 2023 | Team Development

Effective delegation is a critical differentiator between highly successful independent pharmacy owners and those who barely get by.

The Magic of the Time Bucketing for Pharmacy Owners

Apr 13 2023

Time Bucketing is Magic for Independent Pharmacy Owners

By Dr. Lisa Faast | April 13, 2023 | KPI Optimization, Team Development

Increase your productivity by implementing time bucketing into your life and decrease the overwhelm you experience as a pharmacy owner. Are you caught in the tornado of daily operations? Do you feel like a full-time ‘Pharmacy Firefighter’? How about like the cat chasing the laser pointer? From the clutter of the stuff and to-dos that …

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Mar 24 2023

5 Proven Strategies for Growing Your Compounding Pharmacy

By Dr. Lisa Faast | March 24, 2023 | Cash Based Revenue, Marketing, Non-PBM Revenue, Team Development

The interest in compounding has definitely increased recently. Use these 5 proven strategies to grow your compounding prescriptions and profits. I love compounding. It was my first passion in pharmacy. For me, every potential compounding patient is a problem that needs solving. Big pharma medicine can help most people but can’t help everyone or every …

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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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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.