When you hire the right pharmacists, pharmacy techs and cashiers, you save your pharmacy time and money. Hiring employees who are a good fit for your pharmacy—and for the positions—can…
Business
Inventory Management: How to Improve Your Pharmacy’s Bottom Line
Pharmacy owners have many facets to consider when managing inventory. Once inventory levels are established, they become an important input to the financial aspect of any business, as they are…
Pricing, Promotion & Profitability: How They Work Together
Pricing doesn’t just affect profitability. Pricing drives profitability. Most experts believe price is the ultimate profit driver. It is the most critical component of merchandising with the single greatest affect…
What to Look For in a Pharmacy Reconciliation Service
In the industry today, you can’t afford to not reconcile your claims. The majority of your business deals with third party claims, and you have to ensure that you’re being…
3 Ways to Improve Your Pharmacy’s Cash Flow
Filling a large number of scripts doesn’t necessarily mean your pharmacy has good cash flow. A healthy profit margin doesn’t either. Good cash flow means that you have enough money…
13 Business Resolutions For Your Pharmacy in 2013
A new year marks the perfect time to take a fresh look at your business. How can your pharmacy improve in 2013? What are you doing well? What should you…
5 Common Pharmacy Audit Issues
Hoping that your community pharmacy won’t be audited is not a good business practice. Regular and correct maintenance of prescription records can mean the difference between extra expenses for your…
ProfitGuard Testimonial: Tim Mitchell
Tim Mitchell, owner of Family Pharmacy of Neosho in Neosho, Mo., discusses how using ProfitGuard, PBA Health’s fast-growing service that negotiates on behalf of independent pharmacies to achieve the best…
How to Survive an On-Site Audit
The day of your on-site pharmacy audit has finally arrived. You’re well prepared, fully informed and organized to a tee. Now learn what you can do during—and after—the audit to…
How to Prepare for an Audit
Audit. If the word intimidates you, you’re not alone. Thanks to CMS efforts to crack down on fraud, waste and abuse, the frequency of audits will increase. You may not…
5 Tips to Hire an Outstanding Pharmacy Team
When you hire the right pharmacists, pharmacy techs and cashiers, you save your pharmacy time and money. Hiring employees who are a good fit for your pharmacy—and for the positions—can…
Inventory Management: How to Improve Your Pharmacy’s Bottom Line
Pharmacy owners have many facets to consider when managing inventory. Once inventory levels are established, they become an important input to the financial aspect of any business, as they are…
Pricing, Promotion & Profitability: How They Work Together
Pricing doesn’t just affect profitability. Pricing drives profitability. Most experts believe price is the ultimate profit driver. It is the most critical component of merchandising with the single greatest affect…
What to Look For in a Pharmacy Reconciliation Service
In the industry today, you can’t afford to not reconcile your claims. The majority of your business deals with third party claims, and you have to ensure that you’re being…
3 Ways to Improve Your Pharmacy’s Cash Flow
Filling a large number of scripts doesn’t necessarily mean your pharmacy has good cash flow. A healthy profit margin doesn’t either. Good cash flow means that you have enough money…
13 Business Resolutions For Your Pharmacy in 2013
A new year marks the perfect time to take a fresh look at your business. How can your pharmacy improve in 2013? What are you doing well? What should you…
5 Common Pharmacy Audit Issues
Hoping that your community pharmacy won’t be audited is not a good business practice. Regular and correct maintenance of prescription records can mean the difference between extra expenses for your…
ProfitGuard Testimonial: Tim Mitchell
Tim Mitchell, owner of Family Pharmacy of Neosho in Neosho, Mo., discusses how using ProfitGuard, PBA Health’s fast-growing service that negotiates on behalf of independent pharmacies to achieve the best…
How to Survive an On-Site Audit
The day of your on-site pharmacy audit has finally arrived. You’re well prepared, fully informed and organized to a tee. Now learn what you can do during—and after—the audit to…
How to Prepare for an Audit
Audit. If the word intimidates you, you’re not alone. Thanks to CMS efforts to crack down on fraud, waste and abuse, the frequency of audits will increase. You may not…