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 […]
How A Diverse Pharmacy Team Increases Patient Satisfaction and Pharmacy Profits
By Dr. Lisa Faast | | 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 […]
4 Signs Your Pharmacy Leadership Skills Need A Boost
By Dr. Lisa Faast | | 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 […]
Ideas For Pharmacy Employee Bonus Program
By Dr. Lisa Faast | | 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 […]
Your Pharmacy’s Biggest Competition
By Dr. Lisa Faast | | 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 […]
6 Pillars of Pharmacy Profit – Top 2021
By Dr. Lisa Faast | | 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 […]
How To Support Employees During Tough Times
By Dr. Lisa Faast | | Team Development
Employees everywhere are struggling with unprecedented stress during these tough times. Right now, times are tough. Dealing with social issues, the pandemic, and family trials are causing staff to be more stressed than ever before. There is no more important role as a leader than to support your employees’ well-being. Excelling here is good for […]
How To Attract & Hire Employees In A Tough Job Market
By Dr. Lisa Faast | | Team Development
...and not the highest) to have the best total package when combined with your other benefits. 2. Bonuses Bonuses can be buckets of money or hourly rate bonuses. Get inspired...
7 Lessons From A Serial Entrepreneur
By Dr. Lisa Faast | | Marketing, Team Development
Being an entrepreneur is no cakewalk. Although, it is a bit addicting! Here are 7 Lessons I’ve learned by being a serial entrepreneur. I originally shared these thoughts during Kimber Boothe’s Pharmfluencer summit with pharmacists who are considering becoming entrepreneurs. These lessons are suitable for solopreneurs as well as seasoned pharmacy owners alike. The Beginning […]
The Simple 4 Step Pharmacy Employee Training Process
By Dr. Lisa Faast | | Team Development
Implement a Pharmacy Employee Training Process to Help You Become More Profitable Have you ever felt like you’ve wasted entire months hiring and then training a new employee that didn’t work out? There are many reasons why new employees might not work out, but don’t let one of those reasons be because of the lack […]
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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.