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The National Community Pharmacists Association (NCPA) is leading the way on PBM reform. Ginny Langbehn, vice president of marketing and communications at American Associated Pharmacies (AAP) sat down with B.
By understanding what led retail pharmacy team members to take these drastic actions, we can look at what independentpharmacies can do to avoid similar issues and also how independents can help members of these communities affected by the closures of retail chains.
Independentpharmacies can play a significant role in helping local communities prepare for back to school. As a local independentpharmacy owner, you can help prevent and treat common ailments arising from back to school activities. Watch out for communication when it is live. Greg The Chemical Guy.
The DISC personality assessment can help you identify your team member’s unique strengths and weaknesses, communication styles, and behavioral preferences. Each style represents unique behavioral tendencies, communication preferences, and decision-making approaches. Let’s review the four personality styles.
Mentorship in independentpharmacy is important for owners and those coming up behind us. As independentpharmacy owners, we often find ourselves juggling numerous roles and responsibilities. One crucial role that is often overlooked is mentorship in independentpharmacies. Not each other.
My goal at DiversifyRx is to make owning a pharmacy fun and profitable again. Empowering your independentpharmacy employees is a great way to reduce your burden and have happy employees. Running an independentpharmacy is both rewarding and challenging. Some fire is always happening in an independentpharmacy.
In this changing environment, independentpharmacies face increasing competition from retail, online, regional, and mail-order pharmacies. To stay competitive, it is key for independentpharmacies to adapt to changing patient needs by leveraging technology and providing elevated patient care beyond their medication needs.
Effective delegation is a critical differentiator between highly successful independentpharmacy owners and those who barely get by. Pharmacy owners are often required to take on many roles to keep their pharmacy running, and you know that it can quickly become too much. Step 3: Make sure everyone is on the same page!
This principle can be incredibly beneficial in managing an independentpharmacy. Clear Value Proposition: Make sure your customers clearly understand what sets your pharmacy apart. Whether it’s personalized service, faster turnaround times, or unique product offerings, communicate your value simply and effectively.
With reimbursements dwindling and the so-called “ DIR Apocalypse ” or “DIR Armageddon” on the horizon, no explanation is needed as to why independentpharmacies are seeking innovative ways to expand their revenue streams beyond traditional prescription dispensing.
I have seen a growing trend of this behavior in the small independentpharmacy niche. Over the years, I have learned a lot about independentpharmacy, the over-the-top unfairness that the industry experiences, and the loving nature of almost every single pharmacy owner I get the opportunity to work with.
Independentpharmacies have emerged as pivotal players in this arena, offering point-of-care testing (POCT) services that not only enhance healthcare accessibility but also alleviate the strain on hospitals and healthcare systems. Benefits of Pharmacy-Based POCT The benefits of POCT in independentpharmacies are vast.
Let’s look at ways pharmacy owners can adapt to these changes in order to remain competitive and thrive in 2024. Embracing Telehealth Services Telehealth, or the provision of healthcare services remotely through digital communication, has revolutionized patient care.
Notification If you choose to accept the exemption, the FDA recommends communicating this decision to your trading partners as needed to further facilitate the distribution of products without difficulty or delay. The post DSCSA Postponement And What It Means For IndependentPharmacies first appeared on DiversifyRx.
This is why independentpharmacies should focus more on targeted marketing. Independentpharmacy owners face the challenge of staying profitable while maintaining the personal touch that sets them apart. The post The Case for Targeted Marketing for IndependentPharmacy Owners first appeared on DiversifyRx.
Your pharmacy team will either be your greatest strength or your weakest link. Pharmacy Team development is a critical pillar for independentpharmacy owners aiming to enhance operational efficiency, boost employee satisfaction, and improve patient care.
Many changes, requirements, and increases in enforcement are heading to independentpharmacy 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. DiversifyRx is here to help you succeed with your independentpharmacy.
With these seven secrets, you can turn your independentpharmacy team into a powerhouse. Pharmacy ownership can feel lonely at times, and we get it. As an independentpharmacy owner, you know your team is the backbone of your business. The buck stops with you, quite literally.
By requiring standardized documentation and communication protocols, the DSCSA makes it quicker and more efficient for pharmaceutical manufacturers and distributors to initiate recalls and notify relevant parties, including healthcare providers and the FDA (Food and Drug Administration). The DSCSA aims to streamline this recall process.
As independentpharmacies adapt to changes in patient needs and shifts in the industry, efficient communication is a constant that will always be essential.
Eye-Catching Design Capture attention with visually appealing posters that not only look attractive but also effectively communicate your message. Clearly communicate the exclusive offers and benefits that customers can access as a result of the partnership to encourage their participation.
Common Add-backs in IndependentPharmacies To implement add-backs effectively, it’s crucial to identify the common expenses that can be adjusted. Here are some examples that are common in independentpharmacies and will impact your pharmacy’s valuation.
For independentpharmacy owners, effective marketing is not just about selling; its about educating and creating meaningful connections with your community. In 2024, marketing trends for pharmacies leaned heavily on personalization, storytelling, and leveraging technology.
A pharmacy software program not only maximizes work efficiency but is also related to patient outcomes. The software system can have an effect on patients since pharmacists utilize the software for a variety of reasons from dispensing medications to communicating with patients.
What to Look For in a Tax Professional: Experience with entrepreneurs is a must and bonus points for pharmacies. Proactive communication about tax-saving opportunities. Deep knowledge of business owner deductions and credits. Schedule a mid-year review (at a minimum) with your tax professional to adjust strategies as needed.
CVS could afford various services since they are the biggest franchise pharmacy in the US with big funding and more staff compared to independentpharmacies. Not all pharmacies can offer these services to customers due to limited resources and staff.
Our mission at EnlivenHealth is to build and orchestrate the most advanced digital engagement technologies that are designed to help retail pharmacies and health plans keep their patients and members healthy and happy while strengthening their businesses results.
As the new quarter begins, it’s time to reflect on your pharmacy’s performance in the previous quarter. Were your plans and ideas overshadowed by the daily grind of managing your independentpharmacy? Many pharmacy owners find themselves dissatisfied with their progress in the last quarter.
Many pharmacy owners are desperate to increase non-PBM revenue for their independentpharmacy. Breaking free from the PBMs allows pharmacy owners to be in more control of income, their services, and their patients’ health. We prefer a more synergistic, local approach—partnering with local independentpharmacies.
Timing and Frequency Of IndependentPharmacy Staff Meetings How often should you have team meetings? You can get more from your team and help them feel fulfilled by increasing communication with them as a group and one-on-one. You have yourself a badass team meeting! I wish there was one easy answer to this question.
We firmly believe that every independentpharmacy should offer testing services. We share some of our most popular resources and tools to get your point-of-care testing going in your pharmacy, even if you’re not a Pharmacy Badass University member. November is when peak testing season starts.
A lot has been said about leadership (or lack thereof) in pharmacy. Independentpharmacy owners feel the weight of a widespread leadership deficit and the lack of much-needed exemplars. Understandably, developing your team members into pharmacy leaders can seem like another task on a lengthy to-do list.
In a recent interview with Hospital Pharmacy Europe’s sister publication The Pharmacist , James Davies said he hoped that more transparency and information about the group and what it is seeking to do would be revealed now that it has been launched and a chair appointed.
5 Daily Habits to Improve Your Pharmacy: A Recipe for Success You don’t have to have hours of free time every day to improve your pharmacy; you can adopt these simple five daily habits and get started today. Running an independentpharmacy can sometimes feel like juggling while riding a unicycle on a tightrope.
Expanding clinical interventions is a great way for independentpharmacies to begin increasing their revenue. If you have questions or would like to be involved, email us at Communications@PQAalliance.org. This one-day event will take place on Thursday, November 7, 2024, in Arlington, Va., prior to the PQA Leadership Summit.
Your pharmacy profit is directly related to your (the pharmacy owner’s) soft skills and your ability to cultivate soft skills in your team. What Are Soft Skills Soft skills—communication, empathy, and emotional intelligence—are often treated as the “nice to have” extras in business.
Wow your patients with these 10 ideas and ensure your independentpharmacy stays top of mind. But as I have learned recently about communication, do not assume anything, and creating an exceptional patient experience is critical to building lasting relationships and ensuring loyalty.
Faxes: Despite technological advancements, faxes remain a common means of communication in healthcare. Efficient pharmacy management systems that facilitate clinical notes and electronic two-way communication can streamline this process. Pre-Printed Rx Pads: Pre-printed Rx pads can be a valuable resource for prescribers.
Thorne explained that these results show two trends with opposing effects: After COVID-19, more patients received vaccines and testing at pharmacies, which may have increased patient comfort with pharmacists and provided them with a good experience. The answers represented a staff-based perspective and a willingness and readiness perspective.
If you’ve been running an independentpharmacy for some time, you’re aware of the fact that a key responsibility of yours is to guide and develop your pharmacy team members to reach their full potential by offering feedback and training. Provide personalized feedback that helps grow your team.
Attract new paying customers to your independentpharmacy by highlighting summer promotions to grow pharmacy profit. It is also an excellent time for pharmacies to increase their profits by offering promotions that appeal to customers. Summer is not only a season filled with sunshine, vacations, and a sense of adventure.
Point of Care Testing (POCT) is a powerful tool for independentpharmacies, offering an opportunity to expand revenue streams and provide essential healthcare services to your community. Email Marketing to Grow P OCT Email marketing enables direct communication with patients, fostering engagement and trust.
I've been picking up shifts, occasionally at a friend's independentpharmacy. And over the summer, I'm hoping to maybe find another job and or just increase the hours that I work at their pharmacy. Speaker 2 Yeah, so I haven't been working, like full time or part time or anything, obviously, there's just really no time for that.
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