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 …
Financial Essentials: Year-End Pharmacy Accounting Strategies
Scotty Sykes, CPA joined Tricia McCleskey at PioneerRx to host a webinar, Financial Essentials. In this webinar Scotty and Tricia talk through important steps to take when preparing your pharmacy for 2021 and how fundamental accounting can support where you want your …
Reimbursement Trends and Tools Available to Independent Pharmacies
In this webinar, special guest Jesse C. Dresser, Esq. from Frier Levitt law firm discusses trends in PBM and payer reimbursement rates for independent pharmacies, including the potential impact of a recent Supreme Court decision in favor of independent pharmacies. Fortunately, legal …
Update on Employee Retention Tax Credit (ERTC)
Recently there has been a lot of industry chatter about the Employee Retention Tax Credit (ERTC). In this episode of The Bottom Line Pharmacy Podcast, join Bonnie Bond, CPA, Kendell Harris, CPA and Scotty Sykes, CPA, CFP® as they talk about qualifying …
Annual Enrollment Opportunities to Reduce DIR Fees
Did you know that the annual Open Enrollment Period for Medicare is one of the best opportunities to help your patients while also managing DIR fees? In this webinar recording with guest Nathan Shanor, general manager for FDS Amplicare, we explore how …
Master the Margin: Innovator Series
Hear directly from successful pharmacy owners in our Master the Margin: Innovator Series. If you are planning a start-up pharmacy right now or you want guidance on how to grow, don’t miss these stories of pharmacy business innovation. In this webinar, hear …
Master the Margin: Cash Flow – Where Is It and How to Get It
Independent pharmacy accounting is challenged with maintaining cash flow due to many factors. In this Master the Margin webinar, we spoke with Craig Robinson of RxCherryPick to find out where pharmacy cash flow is going and how to get it back. In …
NCPA Updates and Upcoming Events
National Community Pharmacists Association (NCPA) protects and promotes the interests of independent pharmacists whose success is vital to their patients and their communities. On this episode of The Bottom Line Pharmacy Podcast, your hosts Bonnie Bond, CPA, Kendell Harris, CPA and Scotty …
