DiversifyRx

JUNE 21, 2024

This week’s tax-saving tips for independent pharmacy owners come from Sean at Integrity Pharmacy Consultants. I highly recommend Sean and his team if you are buying, selling, or transferring a pharmacy. See the original post HERE. We highly recommend Sean.

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DiversifyRx

NOVEMBER 24, 2023

This record-keeping includes detailed documentation of the product’s history and movement through the supply chain. Document Everything Meticulous record-keeping is a fundamental aspect of DSCSA compliance. We recommend checking into LSPedia or InfiniTrak as cost-effective solutions for your pharmacy.

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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.

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The Checkup by Singlecare

JUNE 28, 2024

Additionally, certain commercial insurance plans require a documented period of three to six months of enrollment in a lifestyle program before qualifying for the medication.” If additional documentation is needed, it can be submitted at this stage.” When paying without insurance, a chain pharmacy may be your best bet.

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DiversifyRx

AUGUST 11, 2023

As a trusted healthcare provider, your independent pharmacy has a unique opportunity to support your customers’ wellness journey by offering a thoughtfully considered selection of weight loss products. The global weight loss supplements market grew from $34.5 billion in 2022 to $39 billion in 2023.

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PQA

MAY 5, 2023

Learn more and access PQA's new FAQ document below. Expanding Rural Healthcare Access Express Scripts is aiming to expand access to health care in rural communities through partnerships with independent pharmacies. It addresses background and basics of SDS risk adjustment below.

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DiversifyRx

MARCH 16, 2023

Provide them with the Parking Lot document HERE to supercharge your action! The agenda should include all pharmacy business to be discussed, brainstormed, collaborated on, announced, and everything between. Timing and Frequency Of Independent Pharmacy Staff Meetings How often should you have team meetings?

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PQA

MARCH 8, 2024

Expanding clinical interventions is a great way for independent pharmacies to begin increasing their revenue. A Guide to Implementing Point-of-Care Testing Services in Community Pharmacy" was developed to broadly help with setting up and providing these services, marketing them in their communities, and navigating reimbursement.

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DiversifyRx

OCTOBER 27, 2022

They want to see the last two years of financials and other past performance documents. The first option, and the one I recommend, is getting a line of credit from your local bank. The challenge with this option is that banks are rearview mirror lenders. Banks love lending money to people who don’t need it.

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The Checkup by Singlecare

JUNE 9, 2024

If Tresiba isn’t covered initially, healthcare providers may need to provide documentation to support its use over alternative long-acting insulins. Compare prices Prices for Tresiba can vary from pharmacy to pharmacy. Take time to check different pharmacies for the best deal on your medication.

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DiversifyRx

MAY 9, 2024

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.

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DiversifyRx

SEPTEMBER 7, 2023

Point of Care Testing (POCT) is a powerful tool for independent pharmacies, offering an opportunity to expand revenue streams and provide essential healthcare services to your community. This comprehensive guide will explore effective marketing strategies to make your POCT services successful.

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DiversifyRx

APRIL 27, 2023

Your independent pharmacy can utilize this by marketing your weight loss programs, compounds, and services to local prescribers. I created my Compounding Bookmarks many years ago to solve this problem in my compounding pharmacy. You could copy those or create a simple MS Word document to hand out to each prescriber. #4

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DiversifyRx

OCTOBER 27, 2023

Proper documentation helps demonstrate adherence to safety measures and regulatory standards. Maintain comprehensive records to aid in incident investigation, support continuous improvement in safety practices, and ensure accountability within your pharmacy.

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DiversifyRx

JULY 7, 2022

You can grab the 2021-2022 NCAA document HERE. It is crucial if you are advising athletes at the professional, collegiate, or Olympic level that you know which products are allowed or not. The World Anti-Doping Agency puts out a list of banned substances you can get HERE. Professional sports teams here in the US can each have their own list.

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DiversifyRx

JULY 15, 2024

Mentorship in independent pharmacy is important for owners and those coming up behind us. As independent pharmacy owners, we often find ourselves juggling numerous roles and responsibilities. One crucial role that is often overlooked is mentorship in independent pharmacies. Not each other.

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DiversifyRx

MAY 26, 2023

Pharmacy Owner Overwhelm Is Everywhere I recently received an email from a Pharmacy Badass Member that I suspect is what many independent pharmacy owners face: overwhelm. If you want to be laser-focused on improving your pharmacy’s profits, I invite you to check out our membership.

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DiversifyRx

MAY 24, 2024

Increasing your Non-PBM Revenue is a great way to increase your independent pharmacy’s profits. Having a significant portion of your pharmacy’s revenue tied to a PBM introduces uncertainty and anxiety for pharmacy owners. Currently, most pharmacies operate at around 5-10%. We all detest the PBMs. It is easy.

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PQA

AUGUST 8, 2022

For more information, please visit us at [link] or email us at support@pharmacyquality.com. Brittany Boyd is the Senior Manager of Pharmacy Training and Support at PQS working directly with corporate pharmacy organizations and independent pharmacies to improve their performance on medication-related quality measures.

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Drug Topics

JUNE 25, 2025

The properties of thimerosal were documented to contribute to the safe use of multidose vials and packaging of vaccines, such as seasonal and pandemic influenza vaccines. Thimerosal is a mercury-containing compound that has been widely used as a preservative in some biological and drug products since the 1930s.

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