What Makes A Independent Pharmacy Expert?
By Dr. Lisa Faast | | KPI Optimization
There are "experts" everywhere nowadays. A new one for pharmacy owners pops up at least weekly. What really makes an expert?
Guest post by Heather Haro.
Search Results: kpi optimization
Creating A Pharmacy Vision
By Dr. Lisa Faast | | KPI Optimization
What will your pharmacy look like in 5 years? You create your future by setting a pharmacy vision and planning your pharmacy goals. Bring your pharmacy vision, dreams, and goals to life! Setting a pharmacy vision and goals for your business is essential to creating profit and success. Knowing where you want to go provides […]
What Is Profit
By Dr. Lisa Faast | | KPI Optimization
Profit is the key to staying in business. Understanding the types of pharmacy profit and what it isn’t will be critical to your pharmacy’s success. What Profit Isn’t Profit is not cash in your bank account, at least for most pharmacy owners. Remember this equation Profit ≠ Cash, and the reverse is true Cash ≠ […]
Why Patient Retention Is Critical To Pharmacy Growth
By Dr. Lisa Faast | | Marketing
Pharmacy growth comes in only two ways: get new patients or get more from current patients. Pretty simple right? Yes and no. Understanding the two strategies is pretty simple, but implementing the tasks to create the results brings chaos and fun. What is traditionally referred to as pharmacy marketing is to get new patients. There […]
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 […]
Gain New Patients With Pharmacy Promotional Products
By Dr. Lisa Faast | | Marketing
Calling all pharmacy owners who want to gain new patients! Promotional products can be a highly effective tool to help you grow your pharmacy profits and add new patients to your pharmacy. It’s no secret that marketing and promotional strategies can go hand in hand. Using promotional products to promote your pharmacy is key to […]
In A World Without PBMs
By Dr. Lisa Faast | | KPI Optimization
Does a world without PBMs seem blissful? Close your eyes and just imagine what pharmacy would be like without PBMs. Are you joyous about the lack of audits, headaches, clawbacks, and DIR fees? Can you imagine your pharmacy profit soaring without PBMs? This fantasy seems pretty awesome, right? I am sorry to be the bearer […]
Pharmacy Profit Summit Speaker Highlights 2022 – Day 2
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization, PBM Optimization
If you missed the Day 1 Pharmacy Profit Summit recap, you can catch it here. Day 2 was packed with even more speakers that gave critical information on how to grow your profits with various solutions. Let’s dive into day two and get the specific information you need. Dr. Lisa Faast Dr. Faast started by welcoming […]
Options For Financing Pharmacy Working Capital
By Dr. Lisa Faast | | Cash Based Revenue, KPI Optimization
Many pharmacy owners will need a source of working capital at some point in their ownership journey. Pharmacy Cash Flow Is Tight Recently we put up a poll on our LinkedIn and Facebook pages, asking pharmacy owners if they were interested in learning about financing working capital. The overwhelming response was YES, as many pharmacy […]
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 […]
Recent Posts
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.