How Delegation Can Transform Your Independent Pharmacy
Effective delegation is a critical differentiator between highly successful independent pharmacy owners and those who barely get by.
pharmacy owner
5 Proven Strategies for Growing Your Compounding Pharmacy
The interest in compounding has definitely increased recently. Use these 5 proven strategies to grow your compounding prescriptions and profits. I love compounding. It was my first passion in pharmacy. For me, every potential compounding patient is a problem that needs solving. Big pharma medicine can help most people but can’t help everyone or every …
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Badass Staff Meetings: Here is the Formula
Let’s talk about all things staff meetings We don’t have a choice. Running staff meetings is a necessity we can not ignore if we want to create a badass pharmacy team. Staff meetings are an opportunity to gain more team engagement, discuss new and upcoming initiatives, collaborate on ideas, learn what’s working and what’s not, …
Pharmacy Growth Strategy: Adding Delivery Service
Adding a delivery service can improve your pharmacy growth through new patients and increase your revenue per patient. As a pharmacy business owner, you’re no stranger to the daily grind of trying to find ways to boost your bottom line and keep your patients happy. But what if we told you there was a way …
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5 Things to Consider Before You Open a Pharmacy
What You Need to Know Before You Open a Pharmacy The pharmacy industry is a complex one. If you are looking to open a pharmacy, you need to be a master of both medicine and commerce. This is a guest post blog from our friends at PioneerRx. There isn’t a clear roadmap to go from …
What Makes Your Pharmacy Unique?
The other USP your pharmacy needs to rule your market When pharmacists see USP, our brains automatically translate it to United States Pharmacopoeia. Which is a critically important USP for pharmacies. However, there is another USP that is vitally important if you are a pharmacy owner. Unique Selling Proposition, aka USP. This is a marketing …
COVID Benefits Are Changing
While COVID will be sticking around, many of the patient financial COVID benefits will be going away soon. The COVID-19 pandemic has brought about numerous changes in the way we live and access healthcare. The emergency COVID measures that are currently active now have an expiration date: May 11, 2023. This means that in just …
Critical Balance of Profit and Cash Flow for Pharmacy Owners
Your pharmacy needs a balance of both cash flow and profits to thrive. Winter Is Coming This is even more critical now with the upcoming changes to DIR fees in 2024. These changes will strangulate cash flow for pharmacies for the first several months of 2024. I have been calling this the 2024 DIR Fee …
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Top 2022 Pharmacy Blog Posts for Independent Pharmacy KPI Optimization
Last week we shared our Top 2022 Blog Resources For Team Development. This week we will cover the most popular blogs from 2022 that focus on KPI (key performance indicator) Optimization, our sixth (and final!) Pharmacy Profit Pillar. Here’s an overview of the 6 Pharmacy Profit Pillars: Use your KPI data to make smarter, better …
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Top 2022 Pharmacy Blog Posts For Independent Pharmacy Team Development
Check out our Top 2022 articles on Team Development for Independent Pharmacies. Last week we shared our Top 2022 Pharmacy Blog posts for Independent Pharmacy Marketing, which covers our 4th Pharmacy Profit Pillar Marketing. This week we will dive into the most popular blogs from 2022 that focus on Team Development, our fifth Pharmacy Profit …
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