Not all medications are created equal. Are you handling your hazardous drug properly? Hazardous drugs constitute a distinct category of pharmaceuticals that demand special attention from all types of pharmacies, not just compounding. Adhering to regulations related to hazardous drugs in pharmacies is of vital importance. Compliance for hazardous drugs will look wildly different based …
It is important to stay on top of DEA compliance in this ever-changing world. Many changes, requirements, and increases in enforcement are heading to independent pharmacy owners in November. In a recent podcast, Jeff Hedges from RJ Hedges shared with us some of the new items the DEA is looking for in your pharmacy. Our …
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Don’t let a PBM audit ruin your plans. When your pharmacy relies on a Pharmacy Benefit Manager (PBM) for 90% or more of its revenues, it’s imperative to ensure 100% PBM billing compliance so you can pass any PBM audit. Compliance with PBM billing regulations is more critical than ever, given the increasing number of …
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2024 is bringing a lot of changes for pharmacy owners. Here are three trends you should incorporate into your pharmacy for success. The pharmacy industry is no stranger to change. Constant updates to contracts, the supply chain, and patient expectations have shaped the way pharmacy owners should approach 2024 and beyond. With new challenges come …
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Clinical, non-PBM pharmacy growth is not only possible, but it can be easy to implement, help your patients, and boost your profits with remote patient monitoring and chronic care management. Pharmacists play a pivotal role in patient care, offering essential services such as medication reviews and patient education. However, these valuable services often go unrewarded …
Direct Billing Workers’ Compensation has been my favorite Non-PBM Revenue strategy for quite some time and can add a much-needed boost to pharmacy profits! Of the various Non-PBM strategies available, direct billing workers’ comp is often overlooked and, quite frankly, often misunderstood. Let’s change our mindsets and explore the tremendous profit potential that comes with bypassing …
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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 …
The global weight loss supplements market grew from $34.5 billion in 2022 to $39 billion in 2023. As a trusted healthcare provider, your independent pharmacy has a unique opportunity to support your customers’ wellness journey by offering a thoughtfully considered selection of weight loss products. But it’s important to approach this undertaking with integrity, focusing on …
The power of the DISC assessment is the secret sauce you need to become unstoppable! Enhancing Communication with Employees: The Power of The DISC Assessment is a guest blog by Lisa Baker, DiversifyRx senior growth strategist and John Maxwell Certified Trainer and Consultant. We hear time and time again that a significant pain in pharmacy …
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You can turn your independent pharmacy team into a powerhouse with these seven secrets. Pharmacy ownership can feel lonely at times, and we get it. The buck stops with you, quite literally. The good news is that you’re not alone. We’re in the trenches with you and understand the challenges you’re up against. Our goal …
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