Search Results: kpi optimization

Top 7 Pharmacy KPIs To Track In 2021

Jan 8 2021

Top 7 Pharmacy KPIs To Track In 2021

By Dr. Lisa Faast | January 8, 2021 | KPI Optimization
Pharmacy KPIs, Metrics, and Data Oh My! So much information to track and so little time. It’s January. A time when we set goals, invent our dreams and imagine what the year could bring us. How can you make sure you reach your goals? What is the best way to not fall victim to the […]
Independent Pharmacy Innovative Solutions

Jan 15 2021

Independent Pharmacy Solutions Through Data

By Dr. Lisa Faast | January 15, 2021 | KPI Optimization
Independent pharmacy ownership is fraught with problems. Use your data to craft innovative solutions. What keeps you up at night? Cash flow? Profitability? Where to stash your extra cash? Ok, probably not the last one, but let’s make that a goal, shall we? You are not alone. Independent pharmacy owners are facing the same problems […]

Apr 18 2024

Using KPIs to Improve Patient Care and Customer Satisfaction in Your Pharmacy

By Dr. Lisa Faast | April 18, 2024 | KPI Optimization
In the hustle of pharmacy management, providing exceptional patient care and ensuring high levels of customer satisfaction are top priorities for pharmacy owners. Here’s how you can break down tracking customer satisfaction to create more recurring and repeat business for your pharmacy. As a pharmacist or pharmacy owner, you already know the importance of delivering […]
Non-Retail Independent Pharmacy KPIs

Jan 19 2021

Non-Retail Independent Pharmacy KPIs For Pharmacy Owners

By Dr. Lisa Faast | January 19, 2021 | KPI Optimization
Non-retail independent pharmacy niches are critical to your success. You deserve to know how you measure up. Get the metrics you need to know for your non-retail independent pharmacy or niches. LTC, Compounding, Clinical are just a few types of non-retail pharmacies or niches of your retail pharmacy. You shouldn’t be using the same benchmarks […]
The Third Pharmacy Profit Pillar

May 31 2022

PBM Optimization: The Third Pharmacy Profit Pillar

By Dr. Lisa Faast | May 31, 2022 | KPI Optimization,  PBM Optimization
Our third pharmacy profit pillar, PBM Optimization, will significantly impact your bottom line in the shortest amount of time for most independent retail pharmacies. While most pharmacy owners hate PBMs, they are a part of our everyday business and the key to success. You can’t ignore them when about 90% of a pharmacy’s revenue is […]
September is the new january

Oct 2 2020

October Is The New January

By Dr. Lisa Faast | October 2, 2020 | KPI Optimization
The best time to start was yesterday. The next best time to start is NOW. The first 9 months of 2020 weren’t exactly what we all planned for. If you are like me, many of your KPI goals have gone out the window. I remember at the beginning of the year, all the chatter around […]
pharmacy profit non PBM revenue

Dec 22 2022

Top 2022 Pharmacy Blog Posts For Non-PBM Revenue

By Dr. Lisa Faast | December 22, 2022 | Non-PBM Revenue
Dive into our top 2022 suggestions for increasing your non-PBM revenue to grow and stabilize your pharmacy profits. Last week we shared our Top 2022 Blog Resources To Increase Cash-Based Revenue, which covers our first Pharmacy Profit Pillar Cash-Based Revenue. This week we will recap the most popular blogs from 2022 that focus on non-PBM […]

Jan 4 2023

Top 2022 Pharmacy Blog Posts for Independent Pharmacy Marketing

By Dr. Lisa Faast | January 4, 2023 | KPI Optimization
Pharmacy marketing is one of our favorite topics at DiversifyRx. Here are our top blogs to help you improve your pharmacy’s marketing. Last week we shared our Top 2022 Blog Resources To Optimize your PBM Revenue, which covers our third Pharmacy Profit Pillar PBM Optimization. This week we will dive into the most popular blogs […]

Oct 12 2023

The Importance of Financial Forecasting for Pharmacies

By Dr. Lisa Faast | October 12, 2023 | KPI Optimization
If you are like most pharmacy owners, I am betting you don’t do any financial forecasting for your pharmacy. Let’s dive into why you should. Luckily for most pharmacies, business is steady from month to month. There aren’t typically huge swings in revenue. This stability is a double-edged sword. On the good side is predictability […]
WTF-are-lead-and-lag-measures

Oct 14 2021

WTF Are Lead and Lag Measures

By Dr. Lisa Faast | October 14, 2021 | KPI Optimization
Going beyond KPIs and into actionable lead and lag measures. Let’s get real. It’s no secret that pharmacy owners and their employees work better together when company goals are crystal clear. A thriving pharmacy sets goals, identifies critical KPIs, and keeps track of successes and failures. Because the pharmacy industry is such a fast-paced business, […]

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  • DiversifyRx

    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.

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