pharmacy profit

hazardous drug compliance pharmacy

Hazardous Drug Compliance

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

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Navigating DEA Compliance: Essential Insights for Independent Pharmacy Owners

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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a guide to PBM audits

Mastering PBM Billing Compliance: A Comprehensive Guide To A PBM Audit

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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3 pharmacy trends for pharmacy owners in 2024

3 Trends for Independent Pharmacy Owners for 2024

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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Introduction to RPM and CCM Image

Maximizing Your Pharmacy’s Revenue and Impact: An Introduction to Remote Patient Monitoring and Chronic Care Management

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

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Direct Billing Workers' Compensation

Unlocking Pharmacy Profit Potential: Direct Billing Workers’ Compensation Prescriptions

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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Recurring Membership for Independent Pharmacies

The Power of Monthly Recurring Revenue:  Memberships for Independent Pharmacies

Dramatically improve your independent pharmacy’s profits and sleep better at night with the power of Monthly Recurring Revenue.  Three little letters that can change your pharmacy profits and how well you sleep at night: MRR. Monthly Recurring Revenue (MRR) Memberships are ideal for pharmacy owners who want to generate stable and predictable income streams and

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