Communication Independent Pharmacies Insurance 
Digital Pharmacist
APRIL 13, 2023
In this changing environment, independent pharmacies face increasing competition from retail, online, regional, and mail-order pharmacies. To stay competitive, it is key for independent pharmacies to adapt to changing patient needs by leveraging technology and providing elevated patient care beyond their medication needs.
DiversifyRx
JULY 30, 2024
My goal at DiversifyRx is to make owning a pharmacy fun and profitable again. Empowering your independent pharmacy employees is a great way to reduce your burden and have happy employees. Running an independent pharmacy is both rewarding and challenging. Some fire is always happening in an independent pharmacy.
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DiversifyRx
FEBRUARY 16, 2025
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 !)
DiversifyRx
AUGUST 23, 2024
Common Add-backs in Independent Pharmacies 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 independent pharmacies and will impact your pharmacy’s valuation.
DiversifyRx
OCTOBER 5, 2023
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 independent pharmacy? Many pharmacy owners find themselves dissatisfied with their progress in the last quarter.
DiversifyRx
SEPTEMBER 29, 2023
Many pharmacy owners are desperate to increase non-PBM revenue for their independent pharmacy. 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 independent pharmacies.
DiversifyRx
JUNE 9, 2023
Wow your patients with these 10 ideas and ensure your independent pharmacy 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.
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