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ACOs are one of the many organizations that pharmacy owners can partner with to bring better patient care and increase revenues. In this blog, our good friend Kris Rhea from Biolyte will help us dive into ACOs and their impact on the independent pharmacy owner. About Kris Kris has been working in the independent pharmacy […]
NCPA 2021 Exhibitor Recap
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue, PBM Optimization
You shouldn’t do it alone, so why try? Learn about some of the great companies at NCPA 2021 and how they can help you reach your pharmacy goals. The NCPA 2021 convention was in Charlotte, NC, and it packed a punch of awesomeness. First of all, it was wonderful it was to see so many […]
Top 7 Pharmacy KPIs To Track In 2021
By Dr. Lisa Faast | | 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 […]
Update To Remote Patient Monitoring Billing
By Dr. Lisa Faast | | Non-PBM Revenue
Interest in Remote Patient Monitoring (RPM) services has skyrocketed in the past few months. Here’s what you need to know. Remote Patient Monitoring, Remote Physiologic Monitoring, and Remote Therapeutic Monitoring are growing trends in healthcare, and they can benefit pharmacies of all sizes. By providing RPM services, pharmacies can improve patient outcomes, increase medication adherence, […]
WTF Are Lead and Lag Measures
By Dr. Lisa Faast | | 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, […]
Independent Pharmacy Compliance Controlled Drug Recordkeeping
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization
Are you ready for your next BOP or DEA controlled drug inspection? Ensure you are with C2 Keep’s innovative controlled drug recordkeeping solution. Are you 100% sure you are performing all requirements to maintain compliance with the Controlled Substance Act (CSA)? We all agree that maintaining full compliance is a must, AND the details can fall through […]
Increasing Per-Patient Spending In Independent Pharmacy
By Dr. Lisa Faast | | Cash Based Revenue, PBM Optimization
The lowest-hanging fruit to grow your pharmacy profitably is to increase per-patient spending. The lowest-hanging fruit to grow your pharmacy profitably is to increase per-patient spending from your current customer base. Running a profitable pharmacy requires more than just providing the right medications and healthcare products. It’s essential to maximize every patient’s spending to thrive […]
Pharmacy Profit Top 5 Non-PBM Revenue Strategies
By Dr. Lisa Faast | | Non-PBM Revenue
Increasing non-PBM Revenue can lessen the stranglehold PBMs have on your pharmacy. Owning a pharmacy is hard work. What it shouldn’t be is confusing. If you find yourself unsure of what to focus on or how to improve your pharmacy, it is time to go back to the basics. There are only six key areas, […]
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 […]
Best of 2023: Pharmacy Marketing
By Dr. Lisa Faast | | Marketing
At DiversifyRx, we LOVE pharmacy marketing. Check out our top 2023 blogs to help amp up your pharmacy’s marketing game in 2024. Pharmacy marketing is one of our favorite topics here. Just like all things in life, it can be a double-edged sword. Marketing for your pharmacy can bring prosperity, or it can be a […]
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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.