This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In the past decade, there has been a significant evolution of patient needs. In this changing environment, independentpharmacies face increasing competition from retail, online, regional, and mail-order pharmacies.
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.
The state or work comp insurer pays the exact same amount regardless of who sends the final paper bill to the adjuster. So we called all the numbers we could find for the insurer and got lucky in getting a super-friendly adjuster. Let’s work together to turn independentpharmacy ownership into a rewarding and profitable venture.
Non-PBM revenue can sometimes still have a middleman – a doctor’s office, an employer, or an insurer, as examples. This is a critical pillar to growing your pharmacy profitably. Low pharmacy profitability, shady audits, bad cash flow, negative reimbursements, and many other issues are brought on by PBMs.
Clinical, non-PBM pharmacy growth is not only possible, but it can be easy to implement, help your patients, and boost your profits with remote patient monitoring and chronic care management. Pharmacists play a pivotal role in patientcare, offering essential services such as medication reviews and patient education.
Wow your patients with these 10 ideas and ensure your independentpharmacy stays top of mind. Wowing your patients seems like a no-brainer, something your front-end staff is already doing. Create a Welcoming Process: Develop a comprehensive new patient process that ensures a smooth and welcoming experience.
Understanding and managing this metric is crucial for making informed decisions, optimizing profitability, and maintaining the quality of pharmacy services. Let’s review the Gross Profit Margin for pharmacy owners and how it impacts your independentpharmacy. What should a pharmacy’s gross profit margin be?
As far as for med school, I think there's a slightly different focus here, I think the focus is now a lot shifting to patient direct patientcare, interacting with patients showing that you are a human. I've been picking up shifts, occasionally at a friend's independentpharmacy. nathan gartland Absolutely.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content