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5 Lucrative Ways to Monetize Your Pharmacy

As the old fuel of pharmacy business sputters, many pharmacies have started to look to new sources to energize their business. They’ve embarked on unexpected endeavors to power their profits and help their patients, and now they’re sharing their successes with you.  read more


Where to Cut Costs When You Have No Other Choice

There’s no doubt about it—the independent pharmacy industry is shrinking. Average annual sales per location are down from  read more


5 Purchasing Tips That Could Save Pharmacies Thousands 

5 Purchasing Tips That Could Save Pharmacies Thousands 

As an independent pharmacy, everything revolves around inventory. As your biggest business expense, it’s also your best opportunity  read more

5 Purchasing Tips That Could Save Pharmacies Thousands 

How to Compete with Digital Pharmacies
How to Compete with Digital Pharmacies

How to Compete With Digital Pharmacies

In a troubling trend for independent community pharmacies, digital pharmacy operations are attracting investments from venture capitalists. Here’s how to keep your edge.  read more


S Corp, LLC, C Corp: Which Business Structure Is Best for Your Independent Community Pharmacy?

S Corp, LLC, C Corp: Which Business Structure Is Best for Your Community Pharmacy?

Learn the advantages and disadvantages of the most common business structures for independent community pharmacies.  read more

S Corp, LLC, C Corp: Which Business Structure Is Best for Your Independent Community Pharmacy?

10 Big Negotiating Mistakes Pharmacies Should Avoid by Elements magazine | redleafstyle.com
10 Big Negotiating Mistakes Pharmacies Should Avoid by Elements magazine | redleafstyle.com

10 Big Negotiating Mistakes Pharmacies Should Avoid

Negotiating intimidates the best of us. One wrong move can lower your margins or cost you customers. As  read more


8 Tips to Make Filing Pharmacy Taxes a Breeze 

8 Tips to Make Pharmacy Tax Filing a Breeze 

Between changes from the 2017 Tax Cuts and Jobs Act and a variety of coronavirus relief packages, sorting through your pharmacy’s financial information to prepare for tax season may feel more daunting than normal this year.  read more

8 Tips to Make Filing Pharmacy Taxes a Breeze 

What are Your Pharmacy’s Most Valuable Assets? by Elements magazine | pbahealth.com
What are Your Pharmacy’s Most Valuable Assets? by Elements magazine | pbahealth.com

What Are Your Pharmacy’s Most Valuable Assets?

The success of your independent community pharmacy relies on properly managing your most valuable assets.  read more


8 Pharmacy Functions That Can Be Easily Outsourced

8 Pharmacy Functions That Can Be Easily Outsourced

How to save time by outsourcing important non-pharmacy work to the pros.  read more

8 Pharmacy Functions That Can Be Easily Outsourced

Pharmacy Drug Distributors: How to Choose the Right One for Your Pharmacy
Pharmacy Drug Distributors: How to Choose the Right One for Your Pharmacy

Pharmacy Drug Distributors: How to Choose the Right One for Your Pharmacy

Look for a pharmacy drug distributor with these traits.   read more


4 Economic Principles That Make or Break Independent Pharmacies

4 Economic Principles That Make or Break Independent Pharmacies

Leverage basic economics to make better business decisions for your pharmacy.   read more

4 Economic Principles That Make or Break Independent Pharmacies

5 Common Workplace Issues That Drain Productivity by Elements magazine | pbahealth.com
5 Common Workplace Issues That Drain Productivity by Elements magazine | pbahealth.com

7 Common Workplace Issues That Drain Productivity

Find out what workplace bottlenecks could be affecting your pharmacy’s productivity.   read more


7 Things to Do Before the End of 2020 

Here are a few steps you can take to end 2020 on a good note and set yourself up for a successful 2021.  read more


pharmacy taxes coronavirus relief aid covid-19
pharmacy taxes coronavirus relief aid covid-19

How Will Covid-19 Relief Affect This Year’s Taxes for Pharmacies?

Between the CARES Act and the Paycheck Protection Program Flexibility Act, independent pharmacies are looking at some brand new (and often confusing) issues when it comes to filing taxes.  read more


Let's Talk About Pharmacy Debt

Let’s Talk About Pharmacy Debt

Why debt can be a valuable financial tool for independent pharmacies.  read more

Let's Talk About Pharmacy Debt

cost of goods sold pharmacy wholesaler rebates
cost of goods sold pharmacy wholesaler rebates

How to Earn $166,096 Additional Annual Profit

Learn how to take advantage of your pharmacy contract terms to maximize your rebate every month.   read more


6 Signs Your Pharmacy Needs a Change

6 Signs Your Pharmacy Needs a Change

How to change from an industry straggler to a pack leader.   read more

6 Signs Your Pharmacy Needs a Change

5 Examples of Superior Customer Service 

Providing excellent customer service at your pharmacy is one of the best ways to build relationships with patients  read more


7 Ideas Guaranteed to Boost Your Pharmacy’s Bottom Line 

7 Ideas Guaranteed to Boost Your Pharmacy’s Bottom Line 

Increase your annual profit with these business ideas for your retail community pharmacy.  read more

7 Ideas Guaranteed to Boost Your Pharmacy’s Bottom Line 

Improve Your Customer Service with These Metrics Pharmacy
Improve Your Customer Service with These Metrics Pharmacy

Improve Your Customer Service With These Metrics

These customer service metrics help you cultivate loyal patients and bring in new business.  read more


6 Christmas Retail Trends During Covid-19

6 Christmas Retail Trends During Covid-19

Stay on top of these trends to make Christmas profitable despite coronavirus.   read more

6 Christmas Retail Trends During Covid-19

Independent Pharmacy Key Performance Indicators KPIs
Independent Pharmacy Key Performance Indicators KPIs

Independent Pharmacy Key Performance Indicators

With KPIs, you can set targets that will help you improve the quality of service to patients, financial outcomes, efficiency in pharmacy operations, and more.  read more


Everything Pharmacies Need to Know About Compliance Packaging

Why Every Pharmacy Should Offer Compliance Packaging

You can help patients stay adherent, improve their health outcomes, and make your pharmacy more profitable, all by changing the way you package medications at your pharmacy.  read more

Everything Pharmacies Need to Know About Compliance Packaging

Why Successful Businesses Go Bankrupt pharmacy
Why Successful Businesses Go Bankrupt pharmacy

Why Successful Businesses Go Bankrupt

The mistakes that brought down business giants — and how you can avoid them.   read more


How to Pick Up Business at Your Independent Pharmacy by Elements magazine | pbahealth.com

How to Pick Up Business at Your Independent Pharmacy

If you’re looking to increase your pharmacy’s profits, you have two main ways to do so: Sell more  read more

How to Pick Up Business at Your Independent Pharmacy by Elements magazine | pbahealth.com

Pharmacy Financials 101: Measuring and Projecting Financial Health
Pharmacy Financials 101: Measuring and Projecting Financial Health

Measuring and Projecting Financial Health

How to ensure your pharmacy is financially healthy — and how to keep it that way   read more


How to Reduce Pharmacy DIR Fees

How to Reduce Pharmacy DIR Fees

Concrete steps independent community pharmacies can take to lower DIR fees and increase profits.  read more

How to Reduce Pharmacy DIR Fees

30 Job Interview Questions to Ask Pharmacy Applicants
30 Job Interview Questions to Ask Pharmacy Applicants

30 Job Interview Questions to Ask Pharmacy Applicants

Ask the right questions to find the perfect person for the job.   read more


How to Make the Most of the Cash Sitting in Your Bank

How to Make the Most of the Cash Sitting in Your Bank

In the days of thin profit margins and low reimbursements, having extra cash on hand is a good  read more

How to Make the Most of the Cash Sitting in Your Bank

How the Pandemic Has Changed the Way Independent Pharmacies Do Business

Plexiglass shields, masked employees, and social distance markers are now common sites in independent pharmacies across the United  read more

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