pharmacy revenue

non pbm revenue pharmacy profit

Why Non-PBM Revenue to Increase Pharmacy Profitability?

Increasing your Non-PBM Revenue is a great way to increase your independent pharmacy’s profits. We all detest the PBMs. So, let’s focus on decreasing your dependence on them by increasing your non-PBM revenue. Having a significant portion of your pharmacy’s revenue tied to a PBM introduces uncertainty and anxiety for pharmacy owners. PBMs contribute to […]

Why Non-PBM Revenue to Increase Pharmacy Profitability? Read More »

charlie munger business lessons pharmacy owners

9 Lessons from Charlie Munger for Independent Pharmacy Owners

How to build a resilient and successful business, according to the great Charlie Munger. Many people influence us as individuals and as business owners. One such figure who has profoundly influenced my approach to business is Charlie Munger. Charlie Munger was chairman of Berkshire Hathaway and was one of the most successful businessmen along with

9 Lessons from Charlie Munger for Independent Pharmacy Owners Read More »

how to start a vaccine program in your pharmacy

How To Start A Vaccine Program In Your Pharmacy

Are you finally thinking of starting a vaccine program in your independent pharmacy? Adding vaccine administration to your list of pharmacy services is a great way to serve and protect your community while increasing your pharmacy’s visibility, revenue, and profit. Let’s dive into how to start your pharmacy’s vaccine program. Most pharmacies can get a vaccine

How To Start A Vaccine Program In Your Pharmacy Read More »

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

Hazardous Drug Compliance Read More »

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

Mastering PBM Billing Compliance: A Comprehensive Guide To A PBM Audit Read More »

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

3 Trends for Independent Pharmacy Owners for 2024 Read More »

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

Unlocking Pharmacy Profit Potential: Direct Billing Workers’ Compensation Prescriptions Read More »

Scroll to Top
Skip to content