For the past few weeks, we’re sure you have been bombarded with coronavirus news. We’ve all become familiar with social distancing, hand sanitizer recipes, toilet paper shortages, and changes to everything from sports schedules, schools closing, to restaurant hours. These are challenging times not only for your pharmacy and staff but also for your patients.
Ever calculated how much profit is lost due to unfilled prescription orders? It is projected that revenue loss for non-adherence is estimated to be $564 billion. Medication non-adherence is one of the most serious problems in healthcare, posing a heavy financial impact.
When you think of running an independent pharmacy, social media probably isn’t high up on your list. However, while social media isn’t as important as maintaining your inventory, it can be an incredibly powerful tool for growing and maintaining your business. If your...
When it comes to improving patient outcomes, experiences, or your independent pharmacy’s bottom line, success relies on your ability to provide service in a timely and efficient manner. Disruptive innovations are everywhere. The challenges these disruptions pose act...
Quality is quickly becoming more important to customers than price when considering a purchase. In fact, a recent study found that 53 percent of customers polled rated quality higher than price (38 percent) as a deciding factor when buying a product or service. And...
As your pharmacy and patients jump headfirst into the school year and fast forward into flu season, it’s a good time to recover from the ongoing controversy surrounding vaccinations and refocus on their benefits to the community. It’s no surprise that some patients...
With stay-at-home orders starting to lift, restrictions on businesses and public places easing, and states implementing re-opening phases, many pharmacies are left wondering just how their business can resume “normalcy” and open their doors back up to their patients and community.
The HHS Office of the Assistant Secretary for Health issued guidance on April 8, 2020 authorizing pharmacists to order and administer COVID-19 tests. The guidance recognized pharmacists as trusted healthcare professionals with established patient relationships, are accessible, and have strong relationships with medical providers and hospitals.
If your pharmacy is not efficiently managing your expired pharmaceutical returns, you could be leaving money on the shelf. In an independent community pharmacy where every dollar is important, the value of expired products can be significant.
On March 27, 2020, H.R. 748, the Coronavirus Aid, Relief, and Economic Security or CARES Act was signed into law. The bill authorizes emergency loans to businesses and checks to families to provide economic relief.
Social distancing and stay at home orders have given us the motivation to get fit and healthy. More than ever people are outside bike riding, walking, jogging, and rollerblading (while safely maintaining the 6ft rule). As an independent pharmacy you have an opportunity to help your patients continue their newfound health journey well after we have put the Coronavirus pandemic behind us.
For the past few weeks, we’re sure you have been bombarded with coronavirus news. We’ve all become familiar with social distancing, hand sanitizer recipes, toilet paper shortages, and changes to everything from sports schedules, schools closing, to restaurant hours. These are challenging times not only for your pharmacy and staff but also for your patients.