The Pharmacy Blog For Your Success
Independent Pharmacy Business Lessons from the Movie Moneyball
By Dr. Lisa Faast | | KPI Optimization
Moneyball is a fantastic movie on so many levels, and my business brain can’t help but glean pharmacy business lessons each time I watch it. Imagine an industry in which the little guys, who are cash-strapped, have to compete against the big guys with seemingly unlimited budgets. How is the little guy supposed to win? […]
Using KPIs to Improve Patient Care and Customer Satisfaction in Your Pharmacy
By Dr. Lisa Faast | | KPI Optimization
In the hustle of pharmacy management, providing exceptional patient care and ensuring high levels of customer satisfaction are top priorities for pharmacy owners. Here’s how you can break down tracking customer satisfaction to create more recurring and repeat business for your pharmacy. As a pharmacist or pharmacy owner, you already know the importance of delivering […]
Key Performance Indicators (KPIs) Every Pharmacy Owner Should Track
By Dr. Lisa Faast | | KPI Optimization
Key Performance Indicators (KPIs) are the important numbers that tell you how well your pharmacy is doing and point you in the right direction for where you need to focus your time and energy. Taking The Pulse Of Your Pharmacy With KPIs It’s really important to monitor the health of your pharmacy. By health, I […]
Semaglutide and Tirzepatide Resources for Independent Pharmacies
By Dr. Lisa Faast | | Cash Based Revenue
Summer Is Coming! Help your patients access the hottest weight loss medications with these semaglutide and tirzepatide resources for independent pharmacy owners, whether you compound or not. You can’t turn on the TV, read a newspaper, or scroll social media without running into the words Ozempic, Mounjaro, Wegovy, or semaglutide and tirzepatide. These medications have […]
First Steps for Cash-Based Functional Medicine Pharmacy Revenue
By Dr. Lisa Faast | | Cash Based Revenue
Adding cash-based functional medicine revenue to your pharmacy is a potential goldmine for profits and tons of clinical satisfaction. As pharmacy continues to evolve, one area that has seen significant growth is functional medicine, a patient-centered approach to managing chronic diseases. For pharmacy owners, venturing into a cash-based functional medicine pharmacy can be a lucrative […]
The Case for Targeted Marketing for Independent Pharmacy Owners
By Dr. Lisa Faast | | Marketing
People will buy more often and spend more with you when you make an offer that feels like it was created just for them. This is why independent pharmacies should focus more on targeted marketing. Independent pharmacy owners face the challenge of staying profitable while maintaining the personal touch that sets them apart. With Prescription […]
Pharmacy Profit Boost: Travel Medications
By Dr. Lisa Faast | | Cash Based Revenue, Marketing
Your pharmacy can be the key to a successful vacation by providing profit-boosting travel medications to your community. It’s spring break time, and summer camps, vacations, and travel plans are just around the corner. Your patients are spending their hard-earned money and limited time away from work on a vacation. They don’t want it spoiled […]
4 Ways To Diversify Your Pharmacy’s Revenue
By Dr. Lisa Faast | | Cash Based Revenue
People love new and exciting things. Cater to this in your community by keeping up-to-date with the products and services your pharmacy offers. Diversify your revenue and keep your patients and profit margins happy. I don’t have to tell you that running a pharmacy is one of constant evolution, with slim profit margins from PBMs […]
5 Tips for Increasing OTC Sales
By Dr. Lisa Faast | | Cash Based Revenue, Non-PBM Revenue
Too many pharmacy owners are leaving buckets of cash on the proverbial table by not focusing on selling more OTCs. We put together some tips to help you increase your OTC sales. Why doesn’t the typical independent pharmacy sell more OTCs? I think one of the main reasons is you don’t know how much you […]
Leveraging Social Media Trends For Increased Pharmacy Profit
By Dr. Lisa Faast | | Marketing
You are leaving far too much money on the table if you aren’t leveraging social media trends to increase your pharmacy profit. Social media is an amazing free tool for pharmacy owners. Yet, there are so many who don’t benefit because they are unsure how to use it or where to start. We have some […]
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DiversifyRx is dedicated to helping pharmacy owners kick a$$. We strongly believe the key to success is diversifying your revenue streams and maximizing each opportunity that is right for you. DiversifyRx was created by pharmacy owners for pharmacy owners. We have experienced a lot of triumphs and disasters and want to share our knowledge with you. This site contains affiliate links to products or services. We may receive a commission for purchases made through these links.
