pharmacy profit

Best of KPI

KPI Optimization In Independent Pharmacy: Top 5 Blogs From 2024

KPI optimization is critical to improving the performance of your independent pharmacy. If you don’t measure it, you can’t improve it—this statement has never been truer for pharmacy owners. Key Performance Indicators (KPIs) are the benchmarks of success, providing insights into your pharmacy’s performance and guiding smarter decisions. Yet, many pharmacy owners overlook this critical

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pbm

The Pharmacy Owner’s Guide to Navigating PBM Headaches in 2025

PBM headaches will still be around in 2025. Get your guide to making them just a wee bit better. PBM—those three little letters have caused more headaches for independent pharmacy owners than we care to count. Just when you think you’ve figured out their latest reimbursement trick, they hit you with another clawback, new DIR

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Injection Stinging Pain: Tips for Independent Pharmacy Owners

Some patients may complain about injection stinging pain. Here’s what to do about it. Some patients may get a stinging sensation when they inject medication. This injection stinging pain is often referred to as a “hot shot.” Let’s explore some practical solutions to alleviate injectable medication discomfort and ensure a better patient experience. Understanding What’s

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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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dscsa

DSCSA Postponement And What It Means For Independent Pharmacies

Small Dispensers and the 6/12/2024 FDA Announcement Concerning DSCSA This week’s article on the recent DSCSA postponement comes from PRS Pharmacy Services. The original article can be found HERE. Join our next Awesome Webinar Series with guest legal guru JD from Real Value Rx to answer any questions you have about the DSCSA delay. The

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