by Kathleen Foster | Last updated Apr 15, 2024 | Pharmacy Management
The healthcare industry spends an average of nearly $40 billion a year on regulatory compliance, according to the American Hospital Association (AHA).  Compliance is a crucial component of any successful pharmacy, regardless of size, location, or specialty. Because...
by Kathleen Foster | Last updated Jul 19, 2022 | Pharmacy Management
Prescription drugs make up more than 90% of pharmacy sales and over half of all prescriptions sold in the US are covered by Medicare Part D and Medicaid plans. Here are some tools to help you offset pharmacy DIR fees. Pharmacy’s revenue depends heavily on prescription...
by Kathleen Foster | Last updated Jan 26, 2022 | COVID-19, Digital Pharmacist Products
in February 2021, the federal government began shipping COVID-19 vaccines directly to pharmacies nationwide. Since then, pharmacies have been inundated with inquiries about vaccination appointments, disrupting day-to-day operations and increasing staff workloads....
by Kathleen Foster | Last updated Jul 19, 2022 | Pharmacy Management
Community pharmacies are on the rise. According to the Pharmaceutical Care Management Association (PCMA), the number of community pharmacies has increased by nearly 13% between 2010 and 2019. Today, they make up around 35% of all retail pharmacies in the United...
by Kathleen Foster | Last updated Jul 19, 2022 | Pharmacy Management
Specialty pharmacies are the fastest-growing segment of the pharmaceutical market today. Today we will inform you on how to start a specialty pharmacy and 5 things to consider. Pharmacy locations receiving specialty accreditation jumped by 280% from 381 in 2015 to...