Community pharmacists are providing more clinical services and getting paid for them, finding new ways to grow their business. Membership in CPESN (Community Pharmacy Enhanced Services Networks) is a great place to start, but let’s dig deeper here on 4 profitable services that were highlighted at the last NCPA convention.
Self-service using computerized stands and booths now exists for everything from grocery checkout and restaurant orders to self-storage and mental health screening. The pharmacy industry is no exception in experimenting with kiosks, looking for new ways to serve both patients and their business.
It may seem like an extra burden to join and spend money on yet another professional organization, but the benefits of doing so are immense. When you join a professional organization that aligns with your core values, you can assess opportunities for becoming more involved, seek opportunities for networking, and drill down to your area of passion
A new member of the J M Smith corporate family, Mevesi is now part of the Integra product suite. Already integrated with QS/1’s NRx and Integra’s PrimeCare, its platforms include Business Intelligence, Pharmacy Edge, and Transitions of Care geared to the pharmacy-hospital relationship.
From pharmacy’s inception, patients have arrived at the door seeking more than medicine – and although selling side items is nothing new, dwindling profits on prescriptions make it increasingly important for revenue.
In May 2017, Santa Monica Pharmacy and Medical Supplies of Baltimore, MD, opened its doors, fulfilling a lifelong goal of owner Aloysius C. Ibe, Dr.PH, R.Ph. Ibe remembers his childhood fascination when visiting a chemist with his mother in Nigeria, watching him mix a cough or fever preparation for them.
Leveraging Technology for Pharmacy Success: Five Steps to Increase Revenue, Decrease Costs and Improve Outcomes
According to the Centers for Disease Control and Prevention, nearly 75 percent of physician office visits involve drug therapy, and more than 50 percent of Americans are on at least one prescription medicine, making pharmacies a key element in a patient’s care plan.
Drive-thrus are common among chain pharmacies as well as many smaller independent drugstores. Pharmacies began introducing drive-thru services in the 1990s, adding convenience and faster service for their customers.
If you run or own an independent long-term care (LTC) pharmacy in 2017, you’re probably wondering how your independent LTC pharmacy will compete with chains. There are many things to consider as you look toward the future.
Competing against the big guys is always part of running a small business and is a particularly relevant issue for independent pharmacies that operate in the face of considerable pressures.
QS/1 is celebrating its 40th anniversary in the pharmacy industry and wanted to take a glimpse into two pharmacists’ perspectives. Despite age and gender gaps, the bond of pharmacy binds Lynn Connelly and Ashley Parker.
A generation separates Connelly and Parker. Connelly is what some might classify as “old school,” a registered pharmacist who graduated from pharmacy school nearly three decades ago. Parker is considered “new school,” a Pharm.D. with the proverbial ink still drying on her degree, after being awarded four years ago.
Most independent community pharmacists will admit the need and desire to attract new customers and keep patrons coming back not only to benefit their bottom line, but to improve the welfare of the community’s overall health. Patients who choose national chain pharmacies state their decision is usually based on the price they pay for prescriptions.
Medicare is a beneficial program for Americans who are over age 65 or have certain disabilities, but providers sometimes find compliance issues a challenge. An understanding of mandates and how to properly submit claims will ensure organizations are reimbursed for Medicare Part B-covered medications, equipment and supplies, such as nebulizer-inhalation medications, oral immunosuppressive drugs and diabetic testing supplies. Occasionally, providers may unknowingly submit noncompliant or even fraudulent claims for the products and services they offer.
I remember my first day working at a pharmacy like it was yesterday. It was fast-paced, exhilarating and the work was meaningful. Now 20 years later I’m still in the industry, just not behind the counter.
With all of the changes that have taken place in pharmacy, it is increasingly important for QS/1 to continue looking for services that add value and strength to your business. In addition to services developed and supported by QS/1, we also partner with various third-party service providers that offer programs to assist with everything from pricing and rebate programs to adherence and business-intelligence solutions.