Spartanburg, SC – August 29, 2018) QS/1 is pleased to be among the first pharmacy management system providers to participate in the Surescripts Early Adopter program for the new National Council for Prescription Drug Program’s (NCPDP) SCRIPT standard version 2017071. The Centers for Medicare and Medicaid Services (CMS) is working to implement the standard in early 2020.
Remember wondering: When will I ever use pharmacokinetic/pharmacodynamic (PK/PD) modeling? Recall constant musing over: How will I keep my patients loyal to me? Or, how can I have a new revenue stream that ties into my professional license? Well, enter personalized and precision pharmacotherapy.
The year 2017 and early 2018 have been quite a whirlwind for the pharmacy industry. In terms of market performance, dollar growth remains in the low, single digits, following the Hepatitis C bubble in 2014 and 2015.
Policymakers in Washington, DC, are exploring reforms to lower drug costs that could mark the most significant changes in decades to how the federal government pays for drugs.
The customer conference was exciting for Point-of-Sale (POS) customers as I reviewed updates, demoed the new SharpPOS, and showcased our new hardware. If you were unable to attend or would like a review, here are the highlights.
Addressing the medication needs of approximately 6,500 patients in more than 60 facilities across Georgia requires a blend of adept operations and commitment to customers. To do it successfully for 30 years in an ever-changing industry takes an open, flexible mindset.
Communication is one of the key components of a successful business; communicating internally with your staff and externally with your customers and the local community you serve. It’s critical that the message you’re communicating internally aligns with the message that makes its way to the masses.
Where do you envision your pharmacy business in the next five years? Do you see an increase in the number of patients you serve or an opportunity to offer additional services to attract new customers?
It’s not only important to ensure your operation is performing regular backups; it’s crucial to know how long it would take to resume operations if you had to scrap your current system and restore it from a backup.
It always comes back to the foundation and infrastructure. No matter how swanky the front end or conscientious the staff, if your hardware is not up to speed (figuratively and literally), or if it does not offer the functionality you need to manage your workflow and support your customers’ demands, then you are struggling unnecessarily, which can affect your profits and your business.
Your pharmacy management software and how it handles ancillary services is the lifeline of your community or long-term care pharmacy. Every pharmacy’s goal is to grow and maximize profits while ensuring the best patient outcomes, and keeping your software up to date is a vital part of making sure you have the tools you need to reach your goals.
On any given day in a community or long-term care (LTC) pharmacy, there are dozens of outside factors that can affect your business and its profits. The industry is in constant flux, and that uncertainty led to the closure of more than 600 retail pharmacies in 2017. Independents closed 67 locations; chains decreased by 138; grocery store pharmacies lost 169 and mass pharmacies shrank by 252.