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Opening a Medicare-Focused Insurance Agency Offers Benefits to Independent Pharmacies

Drug Topics

Joe McKamey, general manager at Marcrom’s Pharmacy in Manchester, Tennessee, talks about why pharmacies should open their own Medicare-focused insurance agency and what steps and preparations they can take to ensure a successful launch and operation.

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Medicare-Focused Insurance Agency Could Benefit Independent Pharmacies

Drug Topics

A Q&A with Joe McKamey, general manager at Marcrom’s Pharmacy in Manchester, Tennessee.

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Independent Pharmacies Must Prioritize Cybersecurity

Drug Topics

Brian Rakers, senior vice president of distribution and member support at Pharmacists Mutual Insurance Group, talked cybersecurity during a session at AAP 2024.

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The Evolution of Patient Needs: How Independent Pharmacies Can Grow & Adapt

Digital Pharmacist

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.

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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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The Power of Monthly Recurring Revenue (MRR) Memberships for Independent Pharmacies

DiversifyRx

Independent pharmacies often face fluctuating revenues due to changing healthcare policies, market dynamics, and seasonal demands. Independent pharmacies often face fluctuating revenues due to changing healthcare policies, market dynamics, and seasonal demands.

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STAT+: Would the federal government defer to states to regulate PBMs?

STAT

Insurers determine what drugs are covered, where their customers can obtain these drugs, and how much drug costs their customers must pay for. After years of complaints from independent pharmacies, both state and federal lawmakers have become increasingly interested in opening up pharmacy networks.