Every time you make a choice and reap the benefits that come along with it, you forego the benefits of the choice that you don’t make. But how do you calculate…
Business
Pharmacy Financials 101: Gross Profit vs. Net Income
Gross profit and net income give important insights into your pharmacy’s profitability and long-term sustainability — but these metrics are not interchangeable.
How to Draft a Collaborative Practice Agreement
Until pharmacists achieve provider status, the only way to get paid for a variety of services is through a legal partnership with providers.
How to Perform a Linear Regression Analysis (and Why You Should)
If you are an independent pharmacy owner, you’ve probably heard a lot of buzz about making data-driven decisions. There are many ways you can collect data in your store, like through…
The Four Traits of World-Class Leaders
Leadership might seem like an ineffable skill — you’re either born a good leader, or you aren’t. But according to research, leadership breaks down into a few basic skills that…
Is Transitions of Care a Good Business Opportunity for Pharmacy?
“We’ve seen a 300 percent return on investment with our transitions of care program.”
These Are the Top Trends in Secondary Purchasing
Here’s a breakdown of five key takeaways on how independent pharmacies navigate the secondary supplier market.
An Inside Look at the Opportunity of Long-Acting Antipsychotic Medications
In all, reimbursement for these drugs is better than traditional prescription medications.
Pet Medicine Is a Treat to This Pharmacy’s Business
″There’s a ton of opportunity out there for pharmacies. If you aren’t doing it, why not?″
An Attorney’s Guide to Succession Planning
Succession planning ensures you leave your pharmacy in the hands of someone you trust, preserves your future, and protects your partners or family.
Millions Are Incarcerated, and They Need Meds
RxCare has found that serving their county’s local jail and nearby youth detention centers is a profitable niche that increases prescription volume and presents very few challenges.
How to Calculate Opportunity Costs for Your Pharmacy
Every time you make a choice and reap the benefits that come along with it, you forego the benefits of the choice that you don’t make. But how do you calculate…
Pharmacy Financials 101: Gross Profit vs. Net Income
Gross profit and net income give important insights into your pharmacy’s profitability and long-term sustainability — but these metrics are not interchangeable.
How to Draft a Collaborative Practice Agreement
Until pharmacists achieve provider status, the only way to get paid for a variety of services is through a legal partnership with providers.
How to Perform a Linear Regression Analysis (and Why You Should)
If you are an independent pharmacy owner, you’ve probably heard a lot of buzz about making data-driven decisions. There are many ways you can collect data in your store, like through…
The Four Traits of World-Class Leaders
Leadership might seem like an ineffable skill — you’re either born a good leader, or you aren’t. But according to research, leadership breaks down into a few basic skills that…
Is Transitions of Care a Good Business Opportunity for Pharmacy?
“We’ve seen a 300 percent return on investment with our transitions of care program.”
These Are the Top Trends in Secondary Purchasing
Here’s a breakdown of five key takeaways on how independent pharmacies navigate the secondary supplier market.
An Inside Look at the Opportunity of Long-Acting Antipsychotic Medications
In all, reimbursement for these drugs is better than traditional prescription medications.
Pet Medicine Is a Treat to This Pharmacy’s Business
″There’s a ton of opportunity out there for pharmacies. If you aren’t doing it, why not?″
An Attorney’s Guide to Succession Planning
Succession planning ensures you leave your pharmacy in the hands of someone you trust, preserves your future, and protects your partners or family.
Millions Are Incarcerated, and They Need Meds
RxCare has found that serving their county’s local jail and nearby youth detention centers is a profitable niche that increases prescription volume and presents very few challenges.