pharmacy kpi

Independent Pharmacy Profitability: Direct Billing Workers’ Compensation

One of my favorite methods for increasing pharmacy profitability is direct billing for workers’ compensation. Over the years, I’ve made numerous videos and blogs on using direct billing for workers’ comp to increase pharmacy profitability. In fact, it is the first tactic I always ask about when speaking with a pharmacy owner who is struggling […]

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MatchRx Guest Blog

Tips For Efficient Pharmacy Inventory Management

Effective pharmacy inventory management can make or break your business—and your bank account—in the ever-evolving landscape of independent pharmacies. As pharmacy owners, we know millions of dollars are tied up in inventory annually. How often have you stared at expired or slow-moving medications, realizing that your hard-earned money is gathering dust on the shelves? With MatchRx, you can seamlessly buy and sell short-dated and surplus medications, turning stagnant inventory into cash flow and reducing waste. It’s a powerful tool to help independent pharmacies optimize their inventory management and improve their bottom line.

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Navigating Innovation and Insights: Unveiling the Gems of the NACDS Total Store Expo for Independent Pharmacy

Guest Blog by DiversifyRx CRO, Heather Haro In a constantly evolving independent pharmacy landscape, staying up-to-date with the latest products, services, and strategies is vital for pharmacy owners. The NACDS Total Store Expo, an annual event hosted by the National Association of Chain Drug Stores (NACDS), provides a platform for attendees to immerse themselves in

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How to Ditch Independent Pharmacy Owner Overwhelm

How To Ditch Independent Pharmacy Owner Overwhelm

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.

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