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Top 2022 Pharmacy Blog Posts For Non-PBM Revenue

DiversifyRx

Dive into our top 2022 suggestions for increasing your non-PBM revenue to grow and stabilize your pharmacy profits. Last week we shared our Top 2022 Blog Resources To Increase Cash-Based Revenue , which covers our first Pharmacy Profit Pillar Cash-Based Revenue. This is a critical pillar to growing your pharmacy profitably.

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Comparing Mark Cuban Cost Plus Drug Company (MCCPDC) and Independent Pharmacies

Digital Pharmacist

MCCPDC is able to offer low pricing because they “cut out the pharmacy middlemen and negotiate directly with manufacturers” In this blog, we will explore the differences between independent pharmacies and Mark Cuban Cost Plus Drug Company and how MCCPDC could potentially affect independent pharmacies. .

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How To Properly Use A Manufacturer Coupon in Independent Pharmacy

DiversifyRx

What primary insurance does the patient have? Also, if the patient has no primary insurance, you won’t be able to use many coupons because they require secondary coverage only. This loss of contract would devastate most independent pharmacies. This restriction is ubiquitous across all PBMs.

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Independent Pharmacy Profitability: Direct Billing Workers’ Compensation

DiversifyRx

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. We’re dedicated to helping independent pharmacy owners thrive.

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Is Independent Pharmacy Right for You?

The Happy PharmD

Embarking on a career path in independent pharmacy is a significant decision. Independent pharmacies, unlike their larger chain counterparts, operate with a distinct flair. Independent pharmacy salaries vary, but they generally lean towards the lower end compared to big chains. Let’s talk numbers.

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Tax Savings For Pharmacy Owners

DiversifyRx

Maximize Deductions for Employee Expenses As a pharmacy owner, you likely spend a significant amount on staffing. Deductible Employee Costs: Salaries and wages Health insurance premiums Retirement plan contributions Training and professional development expenses (like going to the Pharmacy Profit Summit !)

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

DiversifyRx

PBMthose three little letters have caused more headaches for independent pharmacy owners than we care to count. What to Do: Explain the Problem: Many patients don’t understand how PBMs affect their medication prices and your pharmacy. Use simple language to explain why independent pharmacies are often the better option.