Pharmacy Lending for Start-Ups with First Financial Bank
With higher interest rates, are pharmacy start-ups still happening? Yes! But working with a niche pharmacy lender can go a long way toward supporting your start-up pharmacy dream. In this episode of The Bottom Line Pharmacy Podcast, Drew Hegi with the pharmacy …
DIR Fees Pharmacy Accounting Best Practices Webinar
DIR fees are the third largest expense in a pharmacy, and they are increasing as a percentage of gross revenue. The Kentucky Pharmacists Association invited Scotty Sykes, CPA, CFP® to talk about how pharmacists can create accounting best practices to preserve their …
Marketing for Pharmacies with Gabe Trahan
In this episode, our hosts are joined by Gabe Trahan, marketing consultant and former senior director of store operations and marketing for NCPA. With 40+ years of pharmacy management experience, Gabe discusses marketing for pharmacies and how to make the most of …
Pharmacy Claims Reconciliation Webinar
Is your claims reconciliation accurate and up to date? If not, your pharmacy is risking healthy cash flow. Kendell Harris, CPA was a featured speaker on a webinar hosted by EnlivenHealth about pharmacy claims reconciliation optimization. The webinar also featured Lindsey Daniel, …
Realities of “Philmore Scripts”- Minimizing DIR Fees
DIR fees can be a complex and frustrating aspect of running a pharmacy, but moreso now with upcoming changes in fee collection and PBM contracts. In this episode, our hosts speak with Ben Jolley, PharmD at Jolley’s Compounding Pharmacy in Utah. As …
DIR Fee Apocalypse- The Bottom Line for 2024
On this episode of The Bottom Line Pharmacy Podcast, our hosts discuss the upcoming DIR fees in 2024 and how they will affect independent pharmacies. We stress the importance of planning and knowing your pharmacy’s current burn rate with DIR fees in …
New Inventory Rules Impacting Pharmacies: TD 9942 Update
When the Tax Cuts & Jobs Act of 2017 was signed into law, many pharmacy owners interpreted the new rules to mean taxpayers could write off inventory. Now that Treasury Decision 9942 has gone into effect, pharmacy owners that wrote off inventory need …
This is why you don’t “fill and pray” – The Bottom Line Pharmacy Podcast
Dear independent pharmacies: When you have potentially thousands of dollars a month in unreimbursed claims, you can’t leave it up to chance that you will receive that money, or as we say, don’t “fill and pray.” Get your third-party system up-to-date through …