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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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
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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
What Makes Your Pharmacy Unique? Read More »
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
COVID Benefits Are Changing Read More »
What is the DIR Fee Apocalypse? Everything You Need To Know. DIR Fees are the bane of any pharmacy owner. Make sure you are ready for the changes coming in 2024. If you’re a pharmacy owner, you know DIR fees and how they can negatively impact the cash flow of your pharmacy. What many pharmacy
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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
Critical Balance of Profit and Cash Flow for Pharmacy Owners Read More »
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
Top 2022 Pharmacy Blog Posts for Independent Pharmacy KPI Optimization Read More »
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
Top 2022 Pharmacy Blog Posts For Independent Pharmacy Team Development Read More »
Are you interested in getting more people into your pharmacy? While we often preach that volume does NOT equal profits, there is no denying that having more people enter your pharmacy sets you up for success. There are many strategies and tactics that you can use to increase your daily foot traffic into your pharmacy.
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ACOs are one of the many organizations that pharmacy owners can partner with to bring better patient care and increase revenues. In this blog, our good friend Kris Rhea from Biolyte will help us dive into ACOs and their impact on the independent pharmacy owner. About Kris Kris has been working in the independent pharmacy
What are ACOs and Why Pharmacy Owners Should Care Read More »