From Startup to Success: The Pharmacy of Shannon Hills Story
Join us for an inspiring conversation with Allie and Callie, owners of The Pharmacy of Shannon Hills in Arkansas, as they share their incredible journey from pharmacy school to successful independent pharmacy startup. Discover their do’s and don’ts, the challenges they’ve overcome, …
Understanding 340B Contracts and Maximizing Your Pharmacy’s Benefits
In this episode of the Bottom Line Pharmacy Podcast delve into the world of 340B contracts with us and Amanda Gaddy from Secure340B. Discover the importance of transparency, knowing your numbers, and leveraging data-driven insights to determine the true impact of 340B …
Pharmacy Advocacy: Going Beyond Patient Care for Your Community
Join us in this engaging discussion as we delve into the world of pharmacy advocacy and its impact on communities. In this episode of The Bottom Line Pharmacy Podcast we discuss the NCPA fly-in event, where independent pharmacy owners from across the …
Improving Pharmacy Profit Margins with Outsourcing
Recently, we talked about the importance of having numbers with integrity in order to improve pharmacy profit margins. In this video, Ollin Sykes discusses your option to outsource the accounting and bookkeeping functions of your pharmacy. Outsourcing through the cloud can help …
Backing Up Your Business Data
What does Sykes Technology recommend for backing up business data? In this video, Chris Sykes explains the benefits of using a backup appliance. He also discusses why backing up your business data is so important to disaster recovery (DR). …
How to Improve Pharmacy Profit Margins
Ollin Sykes discusses “numbers with integrity” in pharmacy accounting that, taken together, can improve profit margins. He also shares the number one reason that some pharmacies experience better margins than others. …
Add Value Using the Sykes & Company, P.A. Exclusive Pharmacy Accounting Model
Scotty Sykes, CPA, CGMA describes how Sykes & Company, P.A. helps pharmacy owners with accounting, tax and advisory services. Find out how we can add value beyond the financial statements, balance sheets and profit and loss statements you receive from QuickBooks. Our …
Spot a Hacked Email or Bad Website
In this video, IT expert Chris Sykes advises that bad emails and websites are the most common attacks (vectors) for hackers to breach business systems. Learn what hackers are looking for and how to spot a bad email — improving your user …
Pharmacy Data Mining
Data mining, or data analytics, is the use of big data in your script management system with proprietary software that allows you as the pharmacist to maximize your gross margins on scripts filled. Ollin Sykes of Sykes & Company, P.A. explains how …
Pharmacy Business Meals & Entertainment
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act. This Act completely reformed many areas of tax law including meals and entertainment rules. These rules will impact just about every pharmacy in the industry, and they …
